FANG Diamondback Energy

FY2024 10-K
Filed: Feb 26, 2025
Energy
Crude Petroleum & Natural GasSEC EDGAR

Diamondback Energy (FANG) filed its fiscal year 2024 10-K annual report with the SEC on Feb 26, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2024 10-K

Management Discussion & Analysis

  • Revenue $10.1B in 2024, up 23% YoY from $8.2B, driven by 34% volume growth partially offset by $596M lower prices
  • Operating profitability details not explicitly provided in text extract
+3 more insights

Risk Factors

  • Regulatory risk: inability to secure insurance or bonding required by new governmental regulations, potentially restricting operations and impairing financial position
  • Operational risk: employee OSHA recordable cases increased from 3 in 2023 to 11 in 2024, TRIR rose to 0.88 from 0.30, signaling heightened workplace incidents
+3 more insights

Financial Summary
XBRL

Revenue

$11.1B

Net Income

$3.3B

Operating Margin

39.7%

Net Margin

30.2%

ROE

8.8%

Total Assets

$67.3B

EPS (Diluted)

$15.53

Operating Cash Flow

$6.4B

Source: XBRL data from Diamondback Energy FY2024 10-K filing on SEC EDGAR. All figures in USD.

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