FANG (Diamondback Energy) Retained Earnings: $6,038 Mil (As of Jun. 2026)

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FANG Diamondback Energy Inc FANG
62 GF Score
Price $202.47
GF Value $206.56
Valuation Fairly Valued
! 8 Warning Signs
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What is Diamondback Energy Retained Earnings?

Diamondback Energy FANG +1.48% 62 Retained Earnings is $6,038 Mil as of Jun. 2026. GuruFocus rates FANG with a GF Score™ of 62/100 and a GF Value™ of $206.56 (Fairly Valued). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Diamondback Energy's retained earnings for the quarter that ended in Jun. 2026 was $6,038 Mil.

Diamondback Energy's quarterly retained earnings declined from Dec. 2025 ($4,740 Mil) to Mar. 2026 ($4,467 Mil) but then increased from Mar. 2026 ($4,467 Mil) to Jun. 2026 ($6,038 Mil).

Diamondback Energy's annual retained earnings increased from Dec. 2023 ($2,489 Mil) to Dec. 2024 ($4,238 Mil) and increased from Dec. 2024 ($4,238 Mil) to Dec. 2025 ($4,740 Mil).


Diamondback Energy  (NAS:FANG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Diamondback Energy Retained Earnings Historical Data

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The historical data trend for Diamondback Energy's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Diamondback Energy Retained Earnings Chart

Diamondback Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,998.00 801.00 2,489.00 4,238.00 4,740.00

Diamondback Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,758.00 6,486.00 4,740.00 4,467.00 6,038.00
FANG
62GF Score
Diamondback Energy Inc FANG
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Diamondback Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $6,038 Mil mean?
Diamondback Energy (FANG) has a Retained Earnings of $6,038 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Diamondback Energy and its competitors.
Is Diamondback Energy's Retained Earnings too high?
Diamondback Energy's current Retained Earnings is $6,038 Mil. Overall, Diamondback Energy has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Diamondback Energy's Retained Earnings compare to OXY and DVN?
Diamondback Energy's Retained Earnings of $6,038 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Diamondback Energy and its competitors. Diamondback Energy's current Retained Earnings is $6,038 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamondback Energy stock overvalued right now?
Based on GuruFocus' analysis, Diamondback Energy (FANG) is currently considered Fairly Valued. The stock's GF Value™ is $206.56, compared to a current price of $202.47 — trading 2% below its estimated fair value. The current Retained Earnings is $6,038 Mil. Diamondback Energy's overall GF Score™ is 62/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Diamondback Energy (FANG), the current Retained Earnings is $6,038 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Diamondback Energy (FANG) Overvalued in 2026?

Based on GuruFocus' analysis, Diamondback Energy stock appears to be undervalued. The current stock price of $202.47 is trading 2% below its estimated GF Value™ of $206.56. GuruFocus considers Diamondback Energy to be Fairly Valued.

Key valuation signals for FANG:

  • Retained Earnings: $6,038 Mil
  • GF Value™: $206.56 vs. price of $202.47 (2% below fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the FANG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Diamondback Energy Business Description

Industry EnergyOil & Gas
Address 500 West Texas Avenue, Suite 100, Midland, TX, USA, 79701
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland sub-basin, with some of the lowest unit costs among its Permian peers.
62GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$202.47
Price
$206.56
GF Value