Diamondback Energy (FANG) - Net assets

Net assets on the balance sheet as of September 2024 : A$59.65 Billion

According to Diamondback Energy 's latest financial reports the company has A$59.65 Billion 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	26.2%
2021-12-31	$A$18.26 B	43.29%
2020-12-31	$A$12.75 B	-40.11%
2019-12-31	$A$21.29 B	5.87%
2018-12-31	$A$20.11 B	181.27%
2017-12-31	$A$7.14 B	28.25%
2016-12-31	$A$5.57 B	92.56%
2015-12-31	$A$2.89 B	19.34%
2014-12-31	$A$2.42 B	155.9%
2013-12-31	$A$0.94 B	113.19%
2012-12-31	$A$0.44 B	253.32%
2011-12-31	$A$0.12 B	21.01%
2010-12-31	$A$0.10 B	10.95%
2009-12-31	$A$93.73 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	A$36.25 B	-39.23%	🇺🇸 USA
Occidental Petroleum OXY	A$49.57 B	-16.90%	🇺🇸 USA
Canadian Natural Resources CNQ	A$45.38 B	-23.92%	🇨🇦 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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