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Diamondback Energy（FANG）与MARTIN MIDSTREAM PARTNERS L.P.（MMLP）财务数据对比。点击上方公司名可切换其他公司
Diamondback Energy的季度营收约是MARTIN MIDSTREAM PARTNERS L.P.的18.0倍（$3.4B vs $187.7M）。MARTIN MIDSTREAM PARTNERS L.P.净利率更高（1.7% vs -43.2%，领先44.9%）。MARTIN MIDSTREAM PARTNERS L.P.同比增速更快（-2.5% vs -9.0%）。过去两年Diamondback Energy的营收复合增速更高（23.1% vs 0.8%）
总部位于美国得克萨斯州米德兰市的Diamondback Energy是一家美国能源企业，核心业务为在二叠纪盆地开展油气勘探开发，聚焦北美上游能源领域，在核心资源区拥有丰富的项目储备与成熟的运营经验。
Martin Midstream Partners L.P.是美国中游能源服务提供商，主营原油、天然气液、精炼石油产品及特种化学品的存储、运输、分销与加工服务，主要服务北美能源及工业领域客户。
FANG vs MMLP — 直观对比
营收规模更大
FANG
是对方的18.0倍
$187.7M
营收增速更快
MMLP
高出6.5%
-9.0%
净利率更高
MMLP
高出44.9%
-43.2%
两年增速更快
FANG
近两年复合增速
0.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $187.7M |
| 净利润 | $-1.5B | $3.2M |
| 毛利率 | — | — |
| 营业利润率 | -82.4% | — |
| 净利率 | -43.2% | 1.7% |
| 营收同比 | -9.0% | -2.5% |
| 净利润同比 | -235.8% | 132.4% |
| 每股收益（稀释后） | $-4.99 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FANGMMLP
| Q1 26 | — | $187.7M | ||
| Q4 25 | $3.4B | $174.2M | ||
| Q3 25 | $3.9B | $168.7M | ||
| Q2 25 | $3.7B | $180.7M | ||
| Q1 25 | $4.0B | $192.5M | ||
| Q4 24 | $3.7B | $171.3M | ||
| Q3 24 | $2.6B | $170.9M | ||
| Q2 24 | $2.5B | $184.5M |
净利润FANGMMLP
| Q1 26 | — | $3.2M | ||
| Q4 25 | $-1.5B | $-2.9M | ||
| Q3 25 | $1.0B | $-8.4M | ||
| Q2 25 | $699.0M | $-2.4M | ||
| Q1 25 | $1.4B | $-1.0M | ||
| Q4 24 | $1.1B | $-8.9M | ||
| Q3 24 | $659.0M | $-3.3M | ||
| Q2 24 | $837.0M | $3.8M |
毛利率FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | — | 57.1% | ||
| Q3 25 | — | 55.1% | ||
| Q2 25 | — | 56.5% | ||
| Q1 25 | — | 53.5% | ||
| Q4 24 | — | 58.2% | ||
| Q3 24 | — | 58.5% | ||
| Q2 24 | — | 58.4% |
营业利润率FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | -82.4% | 7.3% | ||
| Q3 25 | 31.5% | 4.1% | ||
| Q2 25 | 31.0% | 8.2% | ||
| Q1 25 | 41.3% | 7.5% | ||
| Q4 24 | 38.0% | 4.0% | ||
| Q3 24 | 26.8% | 7.4% | ||
| Q2 24 | 46.6% | 10.8% |
净利率FANGMMLP
| Q1 26 | — | 1.7% | ||
| Q4 25 | -43.2% | -1.7% | ||
| Q3 25 | 25.9% | -5.0% | ||
| Q2 25 | 19.0% | -1.3% | ||
| Q1 25 | 34.7% | -0.5% | ||
| Q4 24 | 28.9% | -5.2% | ||
| Q3 24 | 24.9% | -1.9% | ||
| Q2 24 | 33.7% | 2.0% |
每股收益（稀释后）FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | $-4.99 | — | ||
| Q3 25 | $3.51 | — | ||
| Q2 25 | $2.38 | — | ||
| Q1 25 | $4.83 | — | ||
| Q4 24 | $3.40 | — | ||
| Q3 24 | $3.19 | — | ||
| Q2 24 | $4.66 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $104.0M | — |
| 总债务越低越好 | $13.7B | — |
| 股东权益账面价值 | $37.0B | — |
| 总资产 | $71.1B | $537.1M |
| 负债/权益比越低杠杆越低 | 0.37× | — |
8季度趋势，按日历期对齐
现金及短期投资FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | $104.0M | — | ||
| Q3 25 | $159.0M | — | ||
| Q2 25 | $219.0M | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $161.0M | — | ||
| Q3 24 | $370.0M | — | ||
| Q2 24 | $6.9B | — |
总债务FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | $13.7B | $428.0M | ||
| Q3 25 | $15.8B | $441.3M | ||
| Q2 25 | $15.1B | $427.8M | ||
| Q1 25 | $13.0B | $451.4M | ||
| Q4 24 | $12.1B | $437.6M | ||
| Q3 24 | $11.9B | $469.3M | ||
| Q2 24 | $12.0B | $439.4M |
股东权益FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | $37.0B | — | ||
| Q3 25 | $39.1B | — | ||
| Q2 25 | $38.9B | — | ||
| Q1 25 | $38.5B | — | ||
| Q4 24 | $37.7B | — | ||
| Q3 24 | $37.4B | — | ||
| Q2 24 | $17.4B | — |
总资产FANGMMLP
| Q1 26 | — | $537.1M | ||
| Q4 25 | $71.1B | $522.4M | ||
| Q3 25 | $76.2B | $510.1M | ||
| Q2 25 | $71.9B | $515.6M | ||
| Q1 25 | $70.1B | $533.4M | ||
| Q4 24 | $67.3B | $538.5M | ||
| Q3 24 | $65.7B | $554.8M | ||
| Q2 24 | $35.6B | $535.1M |
负债/权益比FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | 0.37× | — | ||
| Q3 25 | 0.41× | — | ||
| Q2 25 | 0.39× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.69× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $2.3B | — |
| 自由现金流经营现金流 - 资本支出 | — | $-6.0M |
| 自由现金流率自由现金流/营收 | — | -3.2% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $27.2M |
8季度趋势，按日历期对齐
经营现金流FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $22.4M | ||
| Q3 25 | $2.4B | $-1.2M | ||
| Q2 25 | $1.7B | $30.9M | ||
| Q1 25 | $2.4B | $-6.0M | ||
| Q4 24 | $2.3B | $42.2M | ||
| Q3 24 | $1.2B | $-15.8M | ||
| Q2 24 | $1.5B | $11.8M |
自由现金流FANGMMLP
| Q1 26 | — | $-6.0M | ||
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | $-7.9M | ||
| Q2 25 | — | $25.6M | ||
| Q1 25 | — | $-11.9M | ||
| Q4 24 | — | $34.2M | ||
| Q3 24 | — | $-25.6M | ||
| Q2 24 | — | $-696.0K |
自由现金流率FANGMMLP
| Q1 26 | — | -3.2% | ||
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | -4.7% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | -6.2% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | — | -15.0% | ||
| Q2 24 | — | -0.4% |
资本支出强度FANGMMLP
| Q1 26 | — | 1.6% | ||
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 6.8% |
现金转化率FANGMMLP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 2.40× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 2.18× | — | ||
| Q3 24 | 1.83× | — | ||
| Q2 24 | 1.83× | 3.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FANG
| Oil Explorationand Production | $2.7B | 81% |
| Oil Purchased | $308.0M | 9% |
| Natural Gas Liquids Production | $293.0M | 9% |
| Natural Gas Production | $4.0M | 0% |
MMLP
| Specialty products | $61.6M | 33% |
| Transportation * | $52.8M | 28% |
| Other | $46.5M | 25% |
| Terminalling and storage * | $22.4M | 12% |
| Sulfur services | $4.4M | 2% |
