Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenues:
Other operating income	$ 27	$ 9	$ 44	$ 19
Total revenues	3,678	2,483	7,726	4,710
Costs and expenses:
Lease operating expenses	440	254	848	509
Production and ad valorem taxes	214	141	442	260
Gathering, processing and transportation	145	82	256	159
Purchased oil expense	331	299	713	416
Depreciation, depletion, amortization and accretion	1,266	483	2,363	952
General and administrative expenses	67	46	140	92
Merger and transaction expenses	40	3	77	15
Other operating expenses	36	19	75	33
Total costs and expenses	2,539	1,327	4,914	2,436
Income (loss) from operations	1,139	1,156	2,812	2,274
Other income (expense):
Interest expense, net	(56)	(44)	(96)	(83)
Other income (expense), net	(2)	1	25	(2)
Gain (loss) on derivative instruments, net	(197)	18	29	(30)
Gain (loss) on extinguishment of debt	55	0	55	2
Income (loss) from equity investments, net	4	15	12	17
Total other income (expense), net	(196)	(10)	25	(96)
Income (loss) before income taxes	943	1,146	2,837	2,178
Provision for (benefit from) income taxes	204	252	607	475
Net income (loss)	739	894	2,230	1,703
Net income (loss) attributable to non-controlling interest	40	57	126	98
Net income (loss) attributable to Diamondback Energy, Inc.	$ 699	$ 837	$ 2,104	$ 1,605
Earnings (loss) per common share:
Basic (in usd per share)	$ 2.38	$ 4.66	$ 7.20	$ 8.93
Diluted (in usd per share)	$ 2.38	$ 4.66	$ 7.20	$ 8.93
Weighted average common shares outstanding:
Basic (in shares)	292,135	178,360	290,880	178,418
Diluted (in shares)	292,135	178,360	290,880	178,418
Oil sales
Revenues:
Revenue	$ 2,852	$ 1,998	$ 5,891	$ 3,865
Natural gas sales
Revenues:
Revenue	97	5	309	55
Natural gas liquid sales
Revenues:
Revenue	367	171	773	355
Sales of purchased oil
Revenues:
Revenue	$ 335	$ 300	$ 709	$ 416