Diamondback Energy (FANG) Q3 2025 10-Q Quarterly Report

Filed: Nov 5, 2025Period ending Sep 30, 2025
Energy
Crude Petroleum & Natural GasSEC EDGAR

Diamondback Energy (FANG) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 5, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Diamondback Energy Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $10.42B for nine months 2025, up 57% from $6.63B in 2024; Q3 2025 revenue $3.45B, up from $3.32B in Q2 2025
  • Net income $1.0B in Q3 2025; Operating cash costs $10.05/BOE with lease operating $5.65/BOE and G&A $0.55/BOE
  • Production increased 79% YoY to 247,019 MBOE for nine months 2025; oil production best segment, 134,288 MBbls up 69% YoY
  • Cash capital expenditures $774M in Q3 2025; $603M in stock repurchases executed, $3.1B authorized for future repurchases
  • Guidance raised: full-year 2025 BOE production 910-920 MBOE/d (up 2%), Q4 oil production 505-515 MBbls/d; headwinds include potential material asset impairments due to price decline

Risk Factors

  • No new risk factors added this quarter; no material changes since 2024 Annual 10-K
  • No updated risk factors materially changing prior disclosed risks as of March 31, 2025 10-Q
  • Regulatory/legal risks remain as previously disclosed with no new significant developments
  • Operational and market risks carry forward with no material updates affecting near-term performance
  • Financial risks including liquidity, debt maturity, and currency exposure unchanged from 2024 disclosures

Diamondback Energy Q3 2025 Quarterly Financials
XBRL

Revenue

$3.9B

+48.4% YoY +6.7% QoQ

Net Income

$1.0B

+54.5% YoY +45.6% QoQ

Net Margin

25.9%

+103bp YoY +694bp QoQ

Source: XBRL data from Diamondback Energy Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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