Diamondback Energy Future Growth
Future criteria checks 3/6
Diamondback Energy is forecast to grow earnings and revenue by 17.2% and 16.6% per annum respectively. EPS is expected to grow by 2% per annum. Return on equity is forecast to be 11.8% in 3 years.
Key information
17.2%
Earnings growth rate
2.0%
EPS growth rate
Oil and Gas earnings growth | 4.9% |
Revenue growth rate | 16.6% |
Future return on equity | 11.8% |
Analyst coverage | Good |
Last updated | 01 May 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 14,978 | 5,571 | 5,572 | 9,901 | 6 |
12/31/2025 | 15,748 | 6,154 | 5,722 | 10,065 | 11 |
12/31/2024 | 9,592 | 3,278 | 3,102 | 5,617 | 4 |
3/31/2024 | 8,274 | 3,172 | 1,890 | 5,829 | N/A |
12/31/2023 | 7,959 | 3,121 | 1,206 | 5,920 | N/A |
9/30/2023 | 7,744 | 3,165 | 1,006 | 5,737 | N/A |
6/30/2023 | 7,820 | 3,429 | 1,680 | 6,304 | N/A |
3/31/2023 | 8,624 | 4,278 | 2,177 | 6,498 | N/A |
12/31/2022 | 9,083 | 4,344 | 2,712 | 6,325 | N/A |
9/30/2022 | 9,081 | 4,338 | 3,225 | 6,051 | N/A |
6/30/2022 | 8,422 | 3,809 | 2,820 | 5,325 | N/A |
3/31/2022 | 7,584 | 2,718 | 2,179 | 4,572 | N/A |
12/31/2021 | 6,747 | 2,162 | 1,670 | 3,944 | N/A |
9/30/2021 | 5,220 | 430 | 1,416 | 3,180 | N/A |
6/30/2021 | 4,145 | -1,326 | 877 | 2,523 | N/A |
3/31/2021 | 2,852 | -4,027 | 102 | 1,893 | N/A |
12/31/2020 | 2,756 | -4,519 | 61 | 2,118 | N/A |
9/30/2020 | 2,992 | -4,265 | -78 | 2,602 | N/A |
6/30/2020 | 3,236 | -2,784 | -708 | 2,869 | N/A |
3/31/2020 | 3,802 | -42 | -593 | 3,211 | N/A |
12/31/2019 | 3,951 | 240 | -958 | 2,739 | N/A |
9/30/2019 | 3,317 | 1,034 | -2,359 | 2,264 | N/A |
6/30/2019 | 2,897 | 823 | -2,137 | 1,844 | N/A |
3/31/2019 | 2,426 | 693 | -2,182 | 1,603 | N/A |
12/31/2018 | 2,164 | 846 | -1,911 | 1,565 | N/A |
9/30/2018 | 1,850 | 654 | -673 | 1,404 | N/A |
6/30/2018 | 1,644 | 570 | -803 | 1,258 | N/A |
3/31/2018 | 1,414 | 509 | -790 | 1,052 | N/A |
12/31/2017 | 1,193 | 482 | N/A | 889 | N/A |
9/30/2017 | 988 | 393 | N/A | 744 | N/A |
6/30/2017 | 830 | 318 | N/A | 605 | N/A |
3/31/2017 | 673 | 4 | N/A | 435 | N/A |
12/31/2016 | 527 | -165 | N/A | 332 | N/A |
9/30/2016 | 456 | -378 | N/A | 303 | N/A |
6/30/2016 | 426 | -533 | N/A | 338 | N/A |
3/31/2016 | 433 | -589 | N/A | 390 | N/A |
12/31/2015 | 447 | -551 | N/A | 417 | N/A |
9/30/2015 | 464 | -265 | N/A | 444 | N/A |
6/30/2015 | 491 | -64 | N/A | 396 | N/A |
3/31/2015 | 499 | 176 | N/A | 384 | N/A |
12/31/2014 | 496 | 194 | N/A | 356 | N/A |
9/30/2014 | 440 | 115 | N/A | 316 | N/A |
6/30/2014 | 359 | 86 | N/A | 266 | N/A |
3/31/2014 | 277 | 73 | N/A | 210 | N/A |
12/31/2013 | 208 | 55 | N/A | 156 | N/A |
9/30/2013 | 158 | 31 | N/A | 108 | N/A |
6/30/2013 | 117 | 17 | N/A | 77 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FANG *'s forecast earnings growth (17.2% per year) is above the savings rate (7.8%).
Earnings vs Market: FANG *'s earnings (17.2% per year) are forecast to grow faster than the MX market (11.5% per year).
High Growth Earnings: FANG *'s earnings are forecast to grow, but not significantly.
Revenue vs Market: FANG *'s revenue (16.6% per year) is forecast to grow faster than the MX market (7.1% per year).
High Growth Revenue: FANG *'s revenue (16.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FANG *'s Return on Equity is forecast to be low in 3 years time (11.8%).