FANG Q3 2022 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena

FANGDiamondback Energy, Inc.

$52B

Q3 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.4B+27.6% YoY

Gross Profit

$1.7B69.4% margin

Operating Income

$1.6B66.2% margin

Net Income

$1.2B48.6% margin

EPS (Diluted)

$6.72

QoQ Revenue Growth

-12.0%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$1.2B

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$23.8B

Total Liabilities

$9.3B

Stockholders' Equity

$13.8B

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$1.9B	+27.6%
Gross Profit	$1.7B	$1.2B	+38.4%
Operating Income	$1.6B	$1.2B	+38.7%
Net Income	$1.2B	$649M	+82.4%

Revenue Segments

Upstream Services Segment

$2.4B100%