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Diamondback Energy (MEX:FANG) Cash Receipts from Deposits by Banks and Customers


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What is Diamondback Energy Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Diamondback Energy Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamondback Energy Inc (MEX:FANG) » Definitions » Cash Receipts from Deposits by Banks and Customers
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Address
500 West Texas Avenue, Suite 1200, Midland, TX, USA, 79701
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.