other material
confidence high
sentiment neutral
materiality 0.55
Diamondback files Endeavor's audited FY 2023 financials; net income $3.98B
Diamondback Energy, Inc.
- Endeavor 2023 net income $3,984M, down from $4,755M in 2022; revenue $6,187M vs $7,009M.
- Cash from operations $4,989M; capex $3,035M; distributions to members $2,522M.
- Total assets $11.2B, members' equity $8.5B; long-term debt $913M.
- Audited by Grant Thornton; reorganization to S-corp on Nov 13, 2023; converted to C-corp Jan 1, 2024.