Diamondback Energy (FANG)

Net assets on the balance sheet as of June 2024 : A$27.78 B

According to Diamondback Energy 's latest financial reports the company has A$27.78 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Diamondback Energy - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$25.58 B	10.96%
2022-12-31	$A$23.05 B	26.57%
2021-12-31	$A$18.21 B	43.17%
2020-12-31	$A$12.72 B	-40%
2019-12-31	$A$21.20 B	5.48%
2018-12-31	$A$20.10 B	181.17%
2017-12-31	$A$7.14 B	28.25%
2016-12-31	$A$5.57 B	92.54%
2015-12-31	$A$2.89 B	19.59%
2014-12-31	$A$2.42 B	155.38%
2013-12-31	$A$0.94 B	112.71%
2012-12-31	$A$0.44 B	254.13%
2011-12-31	$A$0.12 B	20.61%
2010-12-31	$A$0.10 B	10.83%
2009-12-31	$A$94.14 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	A$35.38 B	27.33%	🇺🇸 USA
Occidental Petroleum OXY	A$48.38 B	74.12%	🇺🇸 USA
Canadian Natural Resources CNQ	A$43.23 B	55.57%	🇨🇦 Canada

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Diamondback Energy (FANG) - Net assets

Net assets on the balance sheet as of June 2024 : A$27.78 B