Diamondback Energy (FANG) - Net assets

Net assets on the balance sheet as of June 2024 : S$24.58 Billion

According to Diamondback Energy 's latest financial reports the company has S$24.58 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	$S$23.01 B	9.44%
2022-12-31	$S$21.03 B	17.47%
2021-12-31	$S$17.90 B	38.06%
2020-12-31	$S$12.97 B	-35.46%
2019-12-31	$S$20.09 B	3.83%
2018-12-31	$S$19.35 B	159.25%
2017-12-31	$S$7.46 B	28.37%
2016-12-31	$S$5.81 B	94.95%
2015-12-31	$S$2.98 B	13.73%
2014-12-31	$S$2.62 B	144.86%
2013-12-31	$S$1.07 B	89.59%
2012-12-31	$S$0.56 B	238.14%
2011-12-31	$S$0.16 B	22.81%
2010-12-31	$S$0.13 B	15.11%
2009-12-31	$S$0.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	S$31.30 B	27.33%	🇺🇸 USA
Occidental Petroleum OXY	S$42.81 B	74.12%	🇺🇸 USA
Canadian Natural Resources CNQ	S$39.19 B	59.41%	🇨🇦 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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