Diamondback Other Operating Expenses from 2010 to 2024

FANG Stock  USD 158.34  0.31  0.20%   
Diamondback Energy's Other Operating Expenses is increasing over the last several years with slightly volatile swings. Other Operating Expenses is estimated to finish at about 4 B this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2009-12-31
Previous Quarter
1.3 B
Current Value
1.9 B
Quarterly Volatility
417.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondback Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondback Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 185.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 3.15, Dividend Yield of 0.0543 or PTB Ratio of 2.35. Diamondback financial statements analysis is a perfect complement when working with Diamondback Energy Valuation or Volatility modules.
  
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

Latest Diamondback Energy's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Diamondback Energy over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Diamondback Energy. It is also known as Diamondback Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Diamondback Energy's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondback Energy's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Diamondback Other Operating Expenses Regression Statistics

Arithmetic Mean1,426,832,714
Geometric Mean513,614,166
Coefficient Of Variation104.10
Mean Deviation1,320,147,162
Median600,091,000
Standard Deviation1,485,313,828
Sample Variance2206157.2T
Range4B
R-Value0.94
Mean Square Error263638.8T
R-Squared0.89
Slope313,157,284
Total Sum of Squares30886200.3T

Diamondback Other Operating Expenses History

2024B
20233.8 B
20223.1 B
20212.7 B
20202.3 B
20192.5 B
20181.1 B

About Diamondback Energy Financial Statements

Diamondback Energy stakeholders use historical fundamental indicators, such as Diamondback Energy's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Diamondback Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Diamondback Energy's assets and liabilities are reflected in the revenues and expenses on Diamondback Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Diamondback Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses3.8 BB

Currently Active Assets on Macroaxis

When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Dividend Share
8.29
Earnings Share
17.32
Revenue Per Share
49.46
Quarterly Revenue Growth
0.087
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.