v3.26.1
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue
The following table disaggregates the Company’s revenue from oil, natural gas and natural gas liquids by revenue generated from production on properties operated by Diamondback and revenue generated from production on properties operated by third parties:

Three Months Ended March 31,
20262025
Revenue Generated from Diamondback Operated Properties
Revenue Generated from Third-Party Operated Properties
Total
Revenue Generated from Diamondback Operated Properties
Revenue Generated from Third-Party Operated Properties
Total
(In millions)
Oil income$208 $220 $428 $120 $81 $201 
Natural gas income10 6 16 9 6 15 
Natural gas liquids income27 25 52 16 12 28 
Total royalty income$245 $251 $496 $145 $99 $244