FANG Q3 2021 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena

FANGDiamondback Energy, Inc.

$50B

Q3 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.9B+165.3% YoY

Gross Profit

$1.2B64.0% margin

Operating Income

$1.2B60.9% margin

Net Income

$649M34.0% margin

EPS (Diluted)

$3.55

QoQ Revenue Growth

+13.6%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$775M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$22.6B

Total Liabilities

$10.2B

Stockholders' Equity

$11.5B

Cash & Equivalents

$457M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$720M	+165.3%
Gross Profit	$1.2B	$218M	+460.6%
Operating Income	$1.2B	-$1.3B	+192.7%
Net Income	$649M	-$1.1B	+158.3%

Revenue Segments

Upstream Services Segment

$1.9B100%