Diamondback Energy Management
Management criteria checks 3/4
Diamondback Energy's CEO is Travis Stice, appointed in Jan 2012, has a tenure of 12.67 years. total yearly compensation is $17.58M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $75.03M. The average tenure of the management team and the board of directors is 5.5 years and 6.4 years respectively.
Key information
Travis Stice
Chief executive officer
US$17.6m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 12.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
Diamondback Energy: Secondary Offering Confusion
Sep 21Party Time: Brokers Just Made Major Increases To Their Diamondback Energy, Inc. (NASDAQ:FANG) Earnings Forecasts
Sep 11
Diamondback Energy: Increased Geopolitical Tensions Raise Free Cash Flow Outlook
Aug 30Diamondback Energy Q2: Fantastic Growth Per Share Reported
Aug 06Looking For Energy Dividends? Don't Sleep On Diamondback Energy
Jul 21We Think Diamondback Energy (NASDAQ:FANG) Is Taking Some Risk With Its Debt
Jul 13Diamondback Energy, Inc.'s (NASDAQ:FANG) Low P/E No Reason For Excitement
Jun 21Diamondback Energy: Round 2 Makes An Acquisition
Jun 05We Think Shareholders Will Probably Be Generous With Diamondback Energy, Inc.'s (NASDAQ:FANG) CEO Compensation
May 31Diamondback Energy: Evolving Powerhouse In The Permian
May 13Diamondback Energy: Oil Outlook Improving, But Valuation Is Stretched, And Merger May Fail
Apr 25Diamondback Energy: The Perfect Oil Stock For A $90+ Oil World
Apr 01Diamondback Energy Is Prepared To Perform In A Flat-To-Down Market
Feb 27Diamondback Acquires Endeavor In $26 Billion Permian Oil Deal, With Read-Through For Vital Energy
Feb 20Returns At Diamondback Energy (NASDAQ:FANG) Are On The Way Up
Feb 13Diamondback Energy: Free Cash Flow Growth Accelerates Again
Feb 12Is Diamondback Energy, Inc. (NASDAQ:FANG) Trading At A 24% Discount?
Jan 29Diamondback Energy: Compelling Capital Returns And Moderately Undervalued
Jan 11Insufficient Growth At Diamondback Energy, Inc. (NASDAQ:FANG) Hampers Share Price
Dec 29Diamondback Energy's (NASDAQ:FANG) Returns On Capital Are Heading Higher
Nov 08Diamondback Energy (NASDAQ:FANG) Seems To Use Debt Quite Sensibly
Oct 23Estimating The Intrinsic Value Of Diamondback Energy, Inc. (NASDAQ:FANG)
Sep 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$18m | US$1m | US$3b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$4b |
| Dec 31 2022 | US$17m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$14m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$430m |
| Jun 30 2021 | n/a | n/a | -US$1b |
| Mar 31 2021 | n/a | n/a | -US$4b |
| Dec 31 2020 | US$10m | US$1m | -US$5b |
| Sep 30 2020 | n/a | n/a | -US$4b |
| Jun 30 2020 | n/a | n/a | -US$3b |
| Mar 31 2020 | n/a | n/a | -US$42m |
| Dec 31 2019 | US$16m | US$1m | US$240m |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$823m |
| Mar 31 2019 | n/a | n/a | US$693m |
| Dec 31 2018 | US$12m | US$978k | US$846m |
| Sep 30 2018 | n/a | n/a | US$654m |
| Jun 30 2018 | n/a | n/a | US$570m |
| Mar 31 2018 | n/a | n/a | US$509m |
| Dec 31 2017 | US$10m | US$848k | US$482m |
Compensation vs Market: Travis's total compensation ($USD17.58M) is above average for companies of similar size in the US market ($USD13.04M).
Compensation vs Earnings: Travis's compensation has been consistent with company performance over the past year.
CEO
Travis Stice (62 yo)
12.7yrs
Tenure
US$17,583,386
Compensation
Mr. Travis D. Stice is Chief Executive Officer and Director at QEP Resources, Inc. since March 17, 2021. He has been the Chief Executive Officer and Director of Energen Corporation since November 29, 2018....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 12.7yrs | US$17.58m | 0.15% $ 75.0m | |
| President & CFO | 5.5yrs | US$7.85m | 0.031% $ 15.3m | |
| Executive VP & COO | 5yrs | US$5.93m | 0.017% $ 8.6m | |
| Chief Accounting Officer | 14.8yrs | US$4.24m | 0.028% $ 14.2m | |
| Executive VP | 5.6yrs | US$4.95m | 0.011% $ 5.4m | |
| Senior Vice President of Geoscience & Technology | 5.5yrs | no data | no data | |
| VP & Chief Information Officer | less than a year | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President of Strategy & Corporate Development | 3.5yrs | no data | 0.0014% $ 691.8k | |
| Vice President of Marketing | 2.6yrs | no data | no data | |
| Vice President of Human Resources | 1.2yrs | no data | no data | |
| Senior Vice President of Government & Regulatory Affairs | 5.5yrs | no data | no data |
5.5yrs
Average Tenure
45yo
Average Age
Experienced Management: FANG's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 11.8yrs | US$17.58m | 0.15% $ 75.0m | |
| Independent Director | 11.9yrs | US$316.11k | 0.0039% $ 2.0m | |
| Independent Director | 12.8yrs | US$403.61k | 0.0017% $ 861.0k | |
| Independent Director | 11.9yrs | US$326.11k | no data | |
| Independent Director | 2.2yrs | US$296.11k | 0.00091% $ 452.9k | |
| Independent Lead Director | 6.4yrs | US$344.86k | 0.0039% $ 2.0m | |
| Independent Director | 2.2yrs | US$296.11k | 0.00091% $ 452.9k | |
| Independent Director | 4.4yrs | US$316.11k | 0.0028% $ 1.4m | |
| Independent Director | 4.4yrs | US$321.11k | 0.0028% $ 1.4m |
6.4yrs
Average Tenure
64yo
Average Age
Experienced Board: FANG's board of directors are considered experienced (6.4 years average tenure).