FANG * Stock Overview An independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. More details
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Diamondback Energy, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Diamondback Energy Historical stock prices Current Share Price US$3,188.53 52 Week High US$3,859.03 52 Week Low US$2,513.00 Beta 1.85 1 Month Change -11.16% 3 Month Change -9.65% 1 Year Change n/a 3 Year Change 29.62% 5 Year Change 76.36% Change since IPO 67.64%
Recent News & Updates
High number of new directors Dec 26
CEO & Chairman of the Board recently sold Mex$10m worth of stock Dec 10
High number of new directors Dec 02
Director recently bought Mex$10m worth of stock Nov 13
Third quarter dividend of US$0.90 announced Nov 07
New major risk - Earnings quality Nov 06 See more updates
High number of new directors Dec 26
CEO & Chairman of the Board recently sold Mex$10m worth of stock Dec 10
High number of new directors Dec 02
Director recently bought Mex$10m worth of stock Nov 13
Third quarter dividend of US$0.90 announced Nov 07
New major risk - Earnings quality Nov 06
Third quarter 2024 earnings released: EPS: US$3.19 (vs US$5.07 in 3Q 2023) Nov 06 Diamondback Energy, Inc. Declares Cash Dividend for the Third Quarter of 2024, Payable on November 21, 2024
High number of new directors Oct 17
Investor sentiment improves as stock rises 16% Oct 07
Diamondback Energy, Inc. Revises Production Guidance for the Third Quarter of 2024 Oct 02
Diamondback Energy, Inc. to Report Q3, 2024 Results on Nov 04, 2024 Sep 27
Diamondback Energy, Inc. (NasdaqGS:FANG) and Kinetik Holdings Inc. (NYSE:KNTK) acquired 30% stake in Epic Crude Holdings, LP. Sep 25 Diamondback Energy, Inc. has filed a Follow-on Equity Offering. Sep 20
New major risk - Shareholder dilution Sep 18 Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others. Sep 11
Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others. Sep 10
President & CFO recently sold Mex$189m worth of stock Aug 15
Diamondback Energy, Inc. announces Quarterly dividend, payable on August 22, 2024 Aug 07 Diamondback Energy, Inc. Provides Production Guidance for the Third Quarter and Raises Production Guidance for the Full Year of 2024
Energy Transfer LP (NYSE:ET) completed the acquisition of WTG Midstream, LLC from Stonepeak Partners LP, Davis Estate and Diamondback Energy, Inc. (NasdaqGS:FANG) for approximately $3 billion. Jul 16
Diamondback Energy, Inc. to Report Q2, 2024 Results on Aug 05, 2024 Jun 25
Executive VP & COO recently sold Mex$14m worth of stock Jun 13
Executive VP & COO recently sold Mex$20m worth of stock Jun 06 Energy Transfer LP (NYSE:ET) entered into an agreement to acquire WTG Midstream, LLC from Stonepeak Partners LP, Davis Estate and Diamondback Energy, Inc. (NasdaqGS:FANG) for approximately $3.2 billion. May 29
Diamondback Energy, Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on May 22, 2024 May 02 Diamondback Energy, Inc. Provides Production Guidance for the Second Quarter and Full Year of 2024
Diamondback Energy, Inc., Annual General Meeting, Jun 06, 2024 Apr 28
Diamondback Energy, Inc. to Report Q1, 2024 Results on Apr 30, 2024 Mar 26
Fourth quarter dividend of US$3.08 announced Feb 26
Full year 2023 earnings released: EPS: US$17.46 (vs US$24.61 in FY 2022) Feb 22 Diamondback Energy, Inc. Provides Production Guidance for the First Quarter and Full Year of 2024 Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive merger agreement to acquire Endeavor Energy Resources, LP from Endeavor Manager, LLC and others for $25.8 billion. Feb 13
Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive merger agreement to acquire Endeavor Energy Resources, LP for $25.8 Billion. Feb 12
New major risk - Revenue and earnings growth Jan 24
Diamondback Energy, Inc. to Report Q4, 2023 Results on Feb 20, 2024 Jan 12
Diamondback Energy, Inc. to Report Q3, 2023 Results on Nov 06, 2023 Sep 22
Independent Director recently sold Mex$20m worth of stock Aug 17
President & CFO recently sold Mex$23m worth of stock Aug 09
Second quarter 2023 earnings released: EPS: US$3.08 (vs US$7.92 in 2Q 2022) Aug 04 Diamondback Energy, Inc. Revises Production Guidance for the Third Quarter and Full Year of 2023
An unknown buyer acquired 43% interest in OMOG JV LLC from Diamondback Energy, Inc. (NasdaqGS:FANG) for approximately $230 million. Aug 01
Diamondback Energy, Inc.(NasdaqGS:FANG) dropped from Russell 1000 Growth Index Jun 25
Diamondback Energy, Inc. to Report Q2, 2023 Results on Jul 31, 2023 Jun 23
Full year 2022 earnings released: EPS: US$24.84 (vs US$12.35 in FY 2021) Feb 23
Diamondback Energy, Inc. (NasdaqGS:FANG) completed the acquisition of related assets of Lario Permian, LLC. Feb 01
Diamondback Energy, Inc. to Report Q4, 2022 Results on Feb 21, 2023 Jan 10
Executive VP recently sold Mex$5.4m worth of stock Dec 26
Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive purchase agreement to acquire related assets of Lario Permian, LLC for $1.5 billion. Nov 18
Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive purchase agreement to acquire related assets of Lario Permian, LLC. Nov 17
Third quarter 2022 earnings released: EPS: US$6.79 (vs US$3.59 in 3Q 2021) Nov 08
Diamondback Declares Base Cash Dividend for the Third Quarter of 2022, Payable November 25, 2022 Nov 08
Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive agreement to acquire All leasehold interest and related Assets of FireBird Energy LLC from Firebird Energy LLC for approximately $1.59 billion. Oct 12
Investor sentiment improved over the past week Oct 10
Diamondback Energy, Inc. to Report Q3, 2022 Results on Nov 07, 2022 Sep 29
Investor sentiment deteriorated over the past week Sep 26
Diamondback Energy, Inc. (NasdaqGS:FANG) completed the acquisition of remaining 26.13% stake in Rattler Midstream LP (NasdaqGS:RTLR) from Cardinal Capital Management, L.L.C., ClearBridge Investments, LLC, Capital World Investors and Macquarie Group Limited (ASX:MQG). Aug 26
Second quarter 2022 earnings released: EPS: US$8.02 (vs US$1.72 in 2Q 2021) Aug 02 Diamondback Energy, Inc. Declares Variable Cash Dividend for the Second Quarter of 2022, Payable on August 23, 2022
Diamondback Energy, Inc. Announces Appointments to the Board of Directors Jul 12
Diamondback Energy, Inc. to Report Q2, 2022 Results on Aug 01, 2022 Jul 02
Now 18% undervalued after recent price drop Jun 17
Investor sentiment deteriorated over the past week Jun 17
Chief Accounting Officer recently sold Mex$7.4m worth of stock Jun 02
Now 21% undervalued after recent price drop May 18
Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive agreement to acquire remaining 26.13% stake in Rattler Midstream LP (NasdaqGS:RTLR) for approximately $580 million. May 18
Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive agreement to acquire remaining 26.13% stake in Rattler Midstream LP (NasdaqGS:RTLR) for approximately $600 million. May 17
Diamondback Energy, Inc. (NasdaqGS:FANG) acquired Approximately 6,200 Net Acres in Ward County, Texas for approximately $230 million. May 04
First quarter 2022 earnings released: EPS: US$4.39 (vs US$1.34 in 1Q 2021) May 03
Diamondback Energy, Inc. to Report Q1, 2022 Results on May 02, 2022 Apr 06
Executive VP recently sold Mex$8.6m worth of stock Mar 09 Shareholder Returns FANG * MX Oil and Gas MX Market 7D -2.8% -0.5% 0.4% 1Y n/a 0.8% -14.2%
See full shareholder returns
Return vs Market: Insufficient data to determine how FANG * performed against the MX Market .
Price Volatility Is FANG *'s price volatile compared to industry and market? FANG * volatility FANG * Average Weekly Movement n/a Oil and Gas Industry Average Movement 5.8% Market Average Movement 4.1% 10% most volatile stocks in MX Market 6.0% 10% least volatile stocks in MX Market 2.8%
Stable Share Price: FANG *'s share price has been volatile over the past 3 months compared to the MX market.
Volatility Over Time: Insufficient data to determine FANG *'s volatility change over the past year.
About the Company Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin.
Show more Diamondback Energy, Inc. Fundamentals Summary How do Diamondback Energy's earnings and revenue compare to its market cap? FANG * fundamental statistics Market cap Mex$972.24b Earnings (TTM ) Mex$66.23b Revenue (TTM ) Mex$189.40b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) FANG * income statement (TTM ) Revenue US$9.16b Cost of Revenue US$2.17b Gross Profit US$6.99b Other Expenses US$3.79b Earnings US$3.20b
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 10.97 Gross Margin 76.35% Net Profit Margin 34.97% Debt/Equity Ratio 33.6%
How did FANG * perform over the long term?
See historical performance and comparison Dividends
5.1% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/31 10:22 End of Day Share Price 2024/12/26 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Diamondback Energy, Inc. is covered by 73 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Jeanine Wai Barclays Betty Jiang Barclays Jeanine Wai Barclays
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