Diamondback Energy (FANG) - Net assets

Net assets on the balance sheet as of September 2024 : C$54.12 Billion

According to Diamondback Energy 's latest financial reports the company has C$54.12 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	$C$23.11 B	8.58%
2022-12-31	$C$21.29 B	26.13%
2021-12-31	$C$16.87 B	35.03%
2020-12-31	$C$12.50 B	-35.79%
2019-12-31	$C$19.46 B	0.88%
2018-12-31	$C$19.29 B	175%
2017-12-31	$C$7.01 B	29.96%
2016-12-31	$C$5.39 B	84.58%
2015-12-31	$C$2.92 B	26.99%
2014-12-31	$C$2.30 B	155.96%
2013-12-31	$C$0.90 B	95.89%
2012-12-31	$C$0.45 B	250.06%
2011-12-31	$C$0.13 B	24.3%
2010-12-31	$C$0.10 B	19.19%
2009-12-31	$C$88.59 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	C$32.89 B	-39.23%	🇺🇸 USA
Occidental Petroleum OXY	C$44.98 B	-16.90%	🇺🇸 USA
Canadian Natural Resources CNQ	C$41.18 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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