debt_leverage_profile
0.39x Total Debt / Equity (Conservative)
High
SEC-XBRL
interest_rate_sensitivity
Moderate
Medium
SEC-10K 0001539838-26-000010
geopolitical_supply_exposure
High intensity; The Strait of Hormuz — pre-war conduit for roughly one-fifth of global oil supply — has been effectively closed since the US/Israel-Iran war began in late February 2026, leaving Gulf production ~8 mb/d below pre-war levels while the US sanctions-waiver regime for Iranian crude (General License X, revoked July 7, 2026) shifts week to week.
Medium
GICS-commodity-overlay-v2
supply_chain_dependency
High
Medium
SEC-10K 0001539838-26-000010
international_expansion_readiness
Low
Medium
SEC-10K 0001539838-26-000010
geographic_footprint
Primarily domestic (United States)
Medium
SEC-10K 0001539838-26-000010
commodity_exposure_profile
High intensity; commodities: crude oil (Brent/WTI), natural gas (Henry Hub/TTF/JKM), refined products (gasoline/diesel/jet fuel), natural gas liquids (NGLs), LNG, thermal coal; geopolitical: The Strait of Hormuz — pre-war conduit for roughly one-fifth of global oil supply — has been effectively closed since the US/Israel-Iran war began in late February 2026, leaving Gulf production ~8 mb/d below pre-war levels while the US sanctions-waiver regime for Iranian crude (General License X, revoked July 7, 2026) shifts week to week.
Medium
GICS-commodity-overlay-v2
vendor_lock_dependency_score
Moderate
Medium
SEC-10K 0001539838-26-000010
business_model_type_primary
Producer/Extractor
Medium
SEC-10K 0001539838-26-000010
business_model_type_secondary
Midstream operator
Medium
SEC-10K 0001539838-26-000010
switching_cost_profile
Low API coupling risk; uses standard industry software (WellView, Quorum); no proprietary third-party API lock-in for core production operations
Inferred
Agent_Inference
howey_test_risk_index
Fails Howey Test; crude oil and NGL commodity sales are not investment contracts; equity shares are registered securities with full SEC disclosure
Inferred
Agent_Inference
regulatory_burden_tier
High
Medium
GICS-regulatory-overlay-v1
data_sovereignty_risk
Low
Medium
SEC-10K 0001539838-26-000010
antitrust_exposure_flag
Low standalone antitrust risk; post-Endeavor merger (2024, ~$26B) drew FTC scrutiny but cleared; Permian market share ~5-7% of US oil output
Inferred
Agent_Inference
regulatory_exposure_profile
High burden; regimes: EPA, FERC, DOE, CFTC, OSHA, SEC; Accelerating emissions mandates and methane rules threaten capex economics.
Medium
GICS-regulatory-overlay-v1
revenue_model_type
Product sales
Medium
SEC-10K 0001539838-26-000010
monetization_vector
Unit sales
Medium
SEC-10K 0001539838-26-000010
pricing_architecture
Commodity market-based pricing
Medium
SEC-10K 0001539838-26-000010
pricing_power_rating
Weak
Medium
SEC-10K 0001539838-26-000010
target_gross_margin_bracket
Gross margin ~65-70% at $75/bbl WTI; lease operating expense ~$8-10/BOE; DD&A ~$18-20/BOE; strong margin vs peers
Inferred
Agent_Inference
churn_vulnerability_index
High
Medium
SEC-10K 0001539838-26-000010
headcount_cost_structure
7.9% OpEx / Revenue (Highly Efficient)
High
SEC-XBRL
marginal_cost_of_growth
12.4% OpEx as % Revenue (Highly Scalable)
High
SEC-XBRL
franchise_compliance_risk
null
Inferred
Agent_Inference
customer_acquisition_metric
Direct sales to commodity buyers and refineries; customers acquired through marketing and sales relationships; minimal acquisition cost as commodities are trade
Medium
SEC-10K 0001539838-26-000010
network_effect_present
No network effects present; value derives from subsurface resource quality and operational efficiency, not user/participant growth dynamics
Inferred
Agent_Inference
asset_efficiency_ratio
2.6% Return on Assets (Excellent)
High
SEC-XBRL
recession_resistance_tier
Cyclical
Medium
SEC-10K 0001539838-26-000010
customer_segment_primary
Enterprise / Institutional
Medium
SEC-10K 0001539838-26-000010
customer_segment_secondary
Joint interest owners
Medium
SEC-10K 0001539838-26-000010
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "17-0000 Architecture and Engineering Occupations", "19-0000 Life, Physical, and Social Science Occupations", "23-0000 Legal Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "47-0000 Construction and Extraction Occupations", "49-0000 Installation, Maintenance, and Repair Occupations", "53-0000 Transportation and Material Moving Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.25 (HIL — ~25% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v2
capital_expenditure_profile
Capital actively redeployed from legacy vertical wells to high-intensity horizontal completions; 2024 D&C capex ~$3.5B; infrastructure capex ~$400M; growth-oriented allocation
Inferred
Agent_Inference
sec_cik
0001539838
High
SEC-EDGAR
ticker
FANG
High
SEC-EDGAR
Filings_Dog_Scope
antitrust_exposure_flag,business_model_type_primary,business_model_type_secondary,churn_vulnerability_index,customer_acquisition_metric,customer_segment_primary,customer_segment_secondary,data_sovereignty_risk,franchise_compliance_risk,geographic_footprint,geopolitical_supply_exposure,headcount_cost_structure,howey_test_risk_index,interest_rate_sensitivity,international_expansion_readiness,marginal_cost_of_growth,monetization_vector,network_effect_present,pricing_architecture,pricing_power_rating,recession_resistance_tier,regulatory_burden_tier,revenue_model_type,supply_chain_dependency,switching_cost_profile,vendor_lock_dependency_score
High
SEC-10K 0001539838-26-000010
activist_13d_count_1y
0
Medium
SEC-13D/G registry, subject-verified
blockholder_13g_count_1y
3
Medium
SEC-13D/G registry, subject-verified
activist_last_13d_date
none in window
Medium
SEC-13D/G registry, subject-verified
insider_buys_6m
0
High
SEC-Form4 0001140361-26-037010..0001539838-26-000065
insider_sells_6m
46
High
SEC-Form4 0001140361-26-037010..0001539838-26-000065
insider_net_shares_6m
-28471771
High
SEC-Form4 0001140361-26-037010..0001539838-26-000065
insider_last_transaction_date
2026-09-16
High
SEC-Form4 0001140361-26-037010..0001539838-26-000065
Insider_Dog_Checked
2026-10-04T23:36|activist_13d_count_1y,activist_last_13d_date,blockholder_13g_count_1y,insider_buys_6m,insider_last_transaction_date,insider_net_shares_6m,insider_sells_6m
High
SEC-Form4 registry