Diamondback Energy, Inc. FANG Balance Sheet

Diamondback energy, inc. (FANG)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Dec'11
Assets
Current assets:
Cash and cash equivalents
149	123	100	326	126	215	508	113	72	112	30	16	37	1,666	167	218	235	20	43	44	31	30	40	36	25	15	53	81	5	26	1	6
Restricted cash
6	5	-	-	-	0	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-
Accounts receivable:
Joint interest and other, net
178	186	171	168	107	96	81	91	71	73	49	71	55	49	33	31	15	41	41	28	44	50	39	24	15	14	9	7	6	5	3	3
Oil and natural gas sales, net
225	429	367	349	356	296	182	167	165	158	103	82	83	70	52	41	32	36	42	42	38	43	46	40	38	23	21	16	12	8	5	0
Related party
-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	1	1	1	0	0	0	4	3	3	2	1	1	0	0	0	10	12
Inventories
36	37	45	44	39	37	14	13	8	9	4	4	3	1	1	1	1	1	2	2	2	2	3	3	5	5	6	6	6	6	6	6
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	1	0	0	0	1	1	-	0
Derivative Asset, Current
534	46	140	29	5	231	0	0	0	0	1	41	14	0	0	0	0	4	40	47	92	115	6	0	0	0	0	3	0	0	-	-
Prepaid expenses and other current assets
140	43	22	56	60	50	8	7	6	4	3	3	4	2	3	2	3	2	3	4	4	4	3	1	1	1	0	0	0	1	1	0
Total current assets
1,268	869	845	972	693	925	795	393	324	358	193	221	198	1,792	258	297	291	108	173	170	215	251	143	114	90	61	91	116	34	50	26	30
Property, Plant and Equipment [Abstract]
Oil and Gas Property, Full Cost Method, Gross
26,719	25,782	24,822	24,076	23,229	22,299	10,818	10,315	9,648	9,232	8,869	8,311	7,870	5,160	4,942	4,133	4,036	3,955	3,850	3,712	3,211	3,118	2,900	2,191	2,065	1,648	1,540	847	766	697	410	339
Midstream assets
987	931	884	828	762	700	355	343	295	191	156	95	56	8	8	7	7	7	7	7	7	7	7	6	6	6	-	-	-	0	-	-
Other property, equipment and land
130	125	152	150	151	147	85	85	82	80	79	71	70	58	58	49	49	48	48	48	48	48	47	4	4	4	9	4	2	2	2	1
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
6,416	5,003	3,815	3,451	3,095	2,774	2,545	2,401	2,274	2,161	2,056	1,969	1,894	1,836	1,784	1,693	1,485	1,413	1,147	822	441	382	328	283	243	212	188	171	156	145	135	119
Net property and equipment
21,420	21,835	22,043	21,603	21,047	20,372	8,714	8,343	7,751	7,343	7,048	6,508	6,103	3,390	3,223	2,496	2,607	2,597	2,758	2,946	2,825	2,791	2,626	1,919	1,833	1,446	1,361	681	612	554	277	221
Funds held in escrow
-	-	7	13	-	-	62	0	0	6	0	0	2	121	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity method investments
502	479	225	187	150	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	10
Derivative Asset, Noncurrent
30	7	58	23	-	0	-	-	-	-	0	4	3	0	-	-	0	0	0	0	0	1	0	0	0	0	0	-	0	0	-	-
Deferred tax asset, net
0	142	158	150	150	97	95	72	-	0	-	0	0	-	-	-	-	-	5	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate, net
107	109	111	112	114	116	106	108	109	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
59	90	106	111	114	85	31	37	40	62	45	49	62	44	43	46	44	44	54	54	51	50	51	12	12	13	12	0	0	2	3	1
Assets
23,386	23,531	23,553	23,171	22,268	21,596	9,806	8,954	8,224	7,770	7,287	6,783	6,369	5,349	3,525	2,840	2,942	2,750	2,991	3,171	3,092	3,095	2,820	2,047	1,936	1,521	1,465	798	648	606	307	263
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable-trade
245	179	233	204	180	128	85	73	63	94	74	27	19	47	38	28	7	20	32	23	8	26	8	23	24	2	24	22	8	12	22	8
Accounts payable-related party
-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	18	1	3
Accrued capital expenditures
490	475	427	573	485	495	292	369	262	221	189	153	94	60	47	46	36	59	58	24	75	129	118	81	68	74	55	50	45	29	11	13
Other accrued liabilities
287	304	304	239	238	253	143	94	100	92	90	89	80	55	64	47	50	44	76	60	50	41	50	38	46	34	21	16	14	10	6	4
Revenues and royalties payable
292	278	207	139	151	143	75	77	82	68	53	52	48	23	17	12	12	16	20	19	16	30	17	15	12	9	6	5	3	3	2	3
Derivative Liability, Current
16	27	10	25	58	0	123	111	99	100	10	0	0	22	6	6	-	0	-	-	-	-	-	10	2	-	1	2	4	4	6	8
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	15	32	39	1	-	-	0	-	0	-	-	-	-
Note payable-short term
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0
Note payable credit facility-short term
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	-
Total current liabilities
1,330	1,263	1,181	1,180	1,112	1,019	721	727	607	577	417	323	244	209	175	141	106	141	200	142	184	266	196	168	155	121	109	97	76	79	60	42
Long-term debt
5,677	5,371	4,761	4,472	4,670	4,464	2,332	1,967	1,701	1,477	1,256	1,151	985	1,105	497	494	485	487	489	718	611	673	590	496	587	460	450	0	0	0	0	0
Note payablecredit facilitylong term
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	-	90	-
Note payablecredit facilitylong term
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	85
Derivative Liability, Noncurrent
66	0	2	8	16	15	5	8	6	6	4	-	-	0	1	3	-	-	-	-	-	-	-	0	0	-	0	0	0	0	1	6
Asset Retirement Obligations, Noncurrent
99	94	90	142	140	136	23	21	21	20	19	19	18	16	15	13	13	12	12	11	8	8	8	5	5	2	2	2	2	2	1	1
Deferred income taxes
1,888	1,886	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
10	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	2,019	1,909	1,802	1,785	292	217	152	108	3	2	1	0	-	-	-	-	0	55	171	161	140	124	106	91	80	71	65	62	-	0
Other long-term liabilities
-	-	11	10	14	10	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
9,070	8,625	8,064	7,721	7,754	7,429	3,376	2,941	2,489	2,189	1,701	1,496	1,250	1,331	690	653	605	641	701	927	975	1,110	934	795	853	676	642	171	180	144	183	134
Commitments and contingencies (Note 18)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stockholders’ equity:
Members' equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124	129
Common stock, $0.01 par value, 200,000,000 shares authorized, 157,815,843 issued and outstanding at March 31, 2020; 200,000,000 shares authorized, 159,002,338 issued and outstanding at December 31, 2019
2	2	2	2	2	2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0
Additional paid-in capital
12,265	12,357	12,641	12,933	13,019	12,936	5,464	5,307	5,299	5,291	5,049	5,041	5,034	4,215	3,059	2,501	2,494	2,229	2,222	2,019	1,680	1,554	1,553	1,060	1,056	842	840	659	514	513	-	0
Retained earnings
559	890	1,407	1,069	752	762	467	323	116	-37	-151	-224	-383	-519	-544	-542	-387	-354	-166	-10	202	196	97	53	26	2	-17	-32	-46	-52	-	0
Accumulated other comprehensive income
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Diamondback Energy, Inc. stockholders’ equity
12,826	13,249	14,050	14,004	13,773	13,700	5,933	5,631	5,417	5,254	4,898	4,817	4,651	3,697	2,514	1,959	2,107	1,875	2,056	2,010	1,883	1,751	1,651	1,114	1,082	845	822	627	468	462	-	-
Non-controlling interest
1,490	1,657	1,439	1,446	741	467	496	381	318	326	687	469	467	320	320	227	229	233	233	233	233	234	234	137	-	0	-	-	-	-	-	-
Total equity
14,316	14,906	15,489	15,450	14,514	14,167	6,429	6,012	5,735	5,581	5,586	5,286	5,119	4,018	2,835	2,186	2,337	2,108	2,289	2,243	2,116	1,985	1,885	1,252	1,082	845	-	-	-	462	-	129
Total liabilities and equity
23,386	23,531	23,553	23,171	22,268	21,596	9,806	8,954	8,224	7,770	7,287	6,783	6,369	5,349	3,525	2,840	2,942	2,750	2,991	3,171	3,092	3,095	2,820	2,047	1,936	1,521	1,465	798	648	606	307	263