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 |