Diamondback Energy (BMV:FANG *) - Stock Price, News & Analysis

FANG * Stock Overview

FANG * fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 39.6% below our estimate of its fair value

Earnings are forecast to grow 14.47% per year

Risk Analysis

Shares are highly illiquid

Dividend of 4.15% is not well covered by cash flows

Significant insider selling over the past 3 months

Diamondback Energy, Inc. Competitors

Vista Energy. de

BMV:VISTA A

Mex$67.5b

Devon Energy

NYSE:DVN

US$32.6b

Hess

NYSE:HES

US$46.6b

Woodside Energy Group

ASX:WDS

AU$55.9b

Price History & Performance

Summary of all time highs, changes and price drops for Diamondback Energy
Historical stock prices
Current Share Price	US$3,460.00
52 Week High	US$3,460.00
52 Week Low	US$2,230.00
Beta	1.92
1 Month Change	12.34%
3 Month Change	n/a
1 Year Change	31.56%
3 Year Change	133.78%
5 Year Change	n/a
Change since IPO	81.91%

Recent updates

Shareholder Returns

	FANG *	MX Oil and Gas	MX Market
7D	2.1%	-0.4%	-2.2%
1Y	31.6%	38.0%	0.6%

Return vs Industry: FANG * underperformed the MX Oil and Gas industry which returned 35.2% over the past year.

Return vs Market: FANG * exceeded the MX Market which returned 1.2% over the past year.

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	4.6%
Market Average Movement	3.8%
10% most volatile stocks in MX Market	6.1%
10% least volatile stocks in MX Market	1.7%

Stable Share Price: FANG *'s share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine FANG *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2007	1,023	Travis Stice	www.diamondbackenergy.com

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.

Diamondback Energy, Inc. Fundamentals Summary

How do Diamondback Energy's earnings and revenue compare to its market cap?
FANG * fundamental statistics
Market cap	Mex$609.32b
Earnings (TTM)	Mex$52.98b
Revenue (TTM)	Mex$135.11b

11.5x

P/E Ratio

4.5x

P/S Ratio

Is FANG * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FANG * income statement (TTM)
Revenue	US$7.96b
Cost of Revenue	US$1.27b
Gross Profit	US$6.69b
Other Expenses	US$3.57b
Earnings	US$3.12b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)	17.49
Gross Margin	84.04%
Net Profit Margin	39.21%
Debt/Equity Ratio	39.0%

How did FANG * perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

47%

Payout Ratio

FANG * Stock Overview

Rewards

Risk Analysis

Diamondback Energy, Inc. Competitors

BMV:VISTA A

Mex$67.5b

NYSE:DVN

US$32.6b

NYSE:HES

US$46.6b

ASX:WDS

AU$55.9b

Price History & Performance

Recent News & Updates

Diamondback Energy, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Fourth quarter dividend of US$3.08 announced

Full year 2023 earnings released: EPS: US$17.46 (vs US$24.61 in FY 2022)

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.

Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive merger agreement to acquire Endeavor Energy Resources, LP for $25.8 Billion.

Recent updates

Diamondback Energy, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Fourth quarter dividend of US$3.08 announced

Full year 2023 earnings released: EPS: US$17.46 (vs US$24.61 in FY 2022)

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.

Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive merger agreement to acquire Endeavor Energy Resources, LP for $25.8 Billion.

New major risk - Revenue and earnings growth

Diamondback Energy, Inc. to Report Q4, 2023 Results on Feb 20, 2024

Diamondback Energy, Inc. to Report Q3, 2023 Results on Nov 06, 2023

Independent Director recently sold Mex$20m worth of stock

President & CFO recently sold Mex$23m worth of stock

Second quarter 2023 earnings released: EPS: US$3.08 (vs US$7.92 in 2Q 2022)

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.

Diamondback Energy, Inc.(NasdaqGS:FANG) dropped from Russell 1000 Growth Index

Diamondback Energy, Inc. to Report Q2, 2023 Results on Jul 31, 2023

Full year 2022 earnings released: EPS: US$24.84 (vs US$12.35 in FY 2021)

Diamondback Energy, Inc. (NasdaqGS:FANG) completed the acquisition of related assets of Lario Permian, LLC.

Diamondback Energy, Inc. to Report Q4, 2022 Results on Feb 21, 2023

Executive VP recently sold Mex$5.4m worth of stock

Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive purchase agreement to acquire related assets of Lario Permian, LLC for $1.5 billion.

Diamondback Energy, Inc. (NasdaqGS:FANG) entered into a definitive purchase agreement to acquire related assets of Lario Permian, LLC.

Third quarter 2022 earnings released: EPS: US$6.79 (vs US$3.59 in 3Q 2021)

Diamondback Declares Base Cash Dividend for the Third Quarter of 2022, Payable November 25, 2022

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.

Investor sentiment improved over the past week

Diamondback Energy, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Investor sentiment deteriorated over the past week

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).

Second quarter 2022 earnings released: EPS: US$8.02 (vs US$1.72 in 2Q 2021)

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

Diamondback Energy, Inc. to Report Q2, 2022 Results on Aug 01, 2022

Now 18% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Chief Accounting Officer recently sold Mex$7.4m worth of stock

Now 21% undervalued after recent price drop

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.

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.

Diamondback Energy, Inc. (NasdaqGS:FANG) acquired Approximately 6,200 Net Acres in Ward County, Texas for approximately $230 million.

First quarter 2022 earnings released: EPS: US$4.39 (vs US$1.34 in 1Q 2021)

Diamondback Energy, Inc. to Report Q1, 2022 Results on May 02, 2022

Executive VP recently sold Mex$8.6m worth of stock

Now 22% undervalued

Diamondback Energy, Inc. Provides Production Guidance for First Quarter and Full Year 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Now 21% undervalued

Now 20% undervalued

Executive VP & Chief Engineer recently sold Mex$24m worth of stock

Executive Vice President of Operations recently sold Mex$5.5m worth of stock

Key Executive recently sold Mex$13m worth of stock

Third quarter 2021 earnings released: EPS US$3.59 (vs US$7.05 loss in 3Q 2020)

Diamondback Energy, Inc. Reaffirms Production Guidance for Full Year 2021; Provides Production Guidance for Third Quarter of 2021

Second quarter 2021 earnings released: EPS US$1.72 (vs US$15.16 loss in 2Q 2020)

Chief Accounting Officer recently sold Mex$8.8m worth of stock

Executive Vice President of Land recently sold Mex$13m worth of stock

EnLink Midstream, LLC (NYSE:ENLC) acquired Amarillo Rattler, LLC from Diamondback Energy, Inc. (NasdaqGS:FANG) for $75 million.

First quarter 2021 earnings released: EPS US$1.34 (vs US$1.72 loss in 1Q 2020)

Oasis Petroleum Inc. (NasdaqGS:OAS) entered into a definitive agreement to acquire select Williston Basin assets of Diamondback Energy, Inc. (NasdaqGS:FANG) for approximately $750 million.