EX-12.1 2 ex12_1diamondbacks4a.htm EXHIBIT Ex12_1DiamondbackS4 (A)
Exhibit 12.1

DIAMONDBACK ENERGY, INC.
COMPUTATION OF RATIO OF EARNINGS (DEFICIT) TO FIXED CHARGES


 
Year Ended December 31,
 
Six Months Ended June 30,
 
2013
 
2012
 
2011
 
2010
 
2009
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
Earnings
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
95,194
 
17,307
 
15,147
 
9,181
 
1,338
 
111,255

 
28,045

Interest expense
8,059
 
3,610
 
2,528
 
836
 
11
 
14,244

 
1,020

Income before fixed charges
103,253
 
20,917
 
17,675
 
10,017
 
1,349
 
125,499

 
29,065

Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
8,059
 
3,610
 
2,528
 
836
 
11
 
14,244

 
1,020

Total fixed charges
8,059
 
3,610
 
2,528
 
836
 
11
 
14,244

 
1,020

Earnings/fixed charge coverage ratio
12.8
 
5.8
 
6.9
 
11.9
 
122.6
 
8.8

 
28.5