company background image
FANG logo

Diamondback Energy NasdaqGS:FANG Stock Report

Last Price

US$206.34

Market Cap

US$36.8b

7D

1.0%

1Y

40.6%

Updated

14 Apr, 2024

Data

Company Financials +

Diamondback Energy, Inc.

NasdaqGS:FANG Stock Report

Market Cap: US$36.8b

FANG Stock Overview

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.

FANG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends2/6

Diamondback Energy, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Diamondback Energy
Historical stock prices
Current Share PriceUS$206.34
52 Week HighUS$211.96
52 Week LowUS$123.41
Beta1.92
1 Month Change8.63%
3 Month Change34.13%
1 Year Change40.62%
3 Year Change166.11%
5 Year Change92.34%
Change since IPO1,079.09%

Recent News & Updates

Diamondback Energy: The Perfect Oil Stock For A $90+ Oil World

Apr 01

Diamondback Energy Is Prepared To Perform In A Flat-To-Down Market

Feb 27

Recent updates

Diamondback Energy: The Perfect Oil Stock For A $90+ Oil World

Apr 01

Diamondback Energy Is Prepared To Perform In A Flat-To-Down Market

Feb 27

Diamondback Acquires Endeavor In $26 Billion Permian Oil Deal, With Read-Through For Vital Energy

Feb 20

Returns At Diamondback Energy (NASDAQ:FANG) Are On The Way Up

Feb 13
Returns At Diamondback Energy (NASDAQ:FANG) Are On The Way Up

Diamondback Energy: Free Cash Flow Growth Accelerates Again

Feb 12

Is Diamondback Energy, Inc. (NASDAQ:FANG) Trading At A 24% Discount?

Jan 29
Is Diamondback Energy, Inc. (NASDAQ:FANG) Trading At A 24% Discount?

Diamondback Energy: Compelling Capital Returns And Moderately Undervalued

Jan 11

Insufficient Growth At Diamondback Energy, Inc. (NASDAQ:FANG) Hampers Share Price

Dec 29
Insufficient Growth At Diamondback Energy, Inc. (NASDAQ:FANG) Hampers Share Price

Diamondback Energy's (NASDAQ:FANG) Returns On Capital Are Heading Higher

Nov 08
Diamondback Energy's (NASDAQ:FANG) Returns On Capital Are Heading Higher

Diamondback Energy (NASDAQ:FANG) Seems To Use Debt Quite Sensibly

Oct 23
Diamondback Energy (NASDAQ:FANG) Seems To Use Debt Quite Sensibly

Estimating The Intrinsic Value Of Diamondback Energy, Inc. (NASDAQ:FANG)

Sep 15
Estimating The Intrinsic Value Of Diamondback Energy, Inc. (NASDAQ:FANG)

Diamondback Energy (NASDAQ:FANG) Has A Pretty Healthy Balance Sheet

Jun 26
Diamondback Energy (NASDAQ:FANG) Has A Pretty Healthy Balance Sheet

Do Diamondback Energy's (NASDAQ:FANG) Earnings Warrant Your Attention?

Jun 11
Do Diamondback Energy's (NASDAQ:FANG) Earnings Warrant Your Attention?

A Look At The Fair Value Of Diamondback Energy, Inc. (NASDAQ:FANG)

Apr 16
A Look At The Fair Value Of Diamondback Energy, Inc. (NASDAQ:FANG)

We Think Diamondback Energy (NASDAQ:FANG) Can Stay On Top Of Its Debt

Mar 16
We Think Diamondback Energy (NASDAQ:FANG) Can Stay On Top Of Its Debt

Does Diamondback Energy (NASDAQ:FANG) Deserve A Spot On Your Watchlist?

Mar 01
Does Diamondback Energy (NASDAQ:FANG) Deserve A Spot On Your Watchlist?

A Look At The Intrinsic Value Of Diamondback Energy, Inc. (NASDAQ:FANG)

Dec 20
A Look At The Intrinsic Value Of Diamondback Energy, Inc. (NASDAQ:FANG)

Diamondback Energy (NASDAQ:FANG) Seems To Use Debt Quite Sensibly

Dec 02
Diamondback Energy (NASDAQ:FANG) Seems To Use Debt Quite Sensibly

Diamondback Energy: Sell Its Recent Surge And Come Back Later

Oct 14

Diamondback Energy: Ready For Whatever Happens

Oct 02

Diamondback Energy: Your FANG For The Next Decade?

Sep 11

Diamondback Energy: Slipping Along With Oil Prices

Sep 01

We Think Diamondback Energy (NASDAQ:FANG) Can Stay On Top Of Its Debt

Aug 23
We Think Diamondback Energy (NASDAQ:FANG) Can Stay On Top Of Its Debt

Diamondback Energy: No Snake Eyes Here

Jul 31

An Intrinsic Calculation For Diamondback Energy, Inc. (NASDAQ:FANG) Suggests It's 30% Undervalued

Jul 27
An Intrinsic Calculation For Diamondback Energy, Inc. (NASDAQ:FANG) Suggests It's 30% Undervalued

Diamondback Energy: Potential Income From 2020 Acquisitions Realized

Jun 29

Diamondback Energy: Profiting Off High Oil Prices But Still Remarkably Undervalued

May 26

Shareholder Returns

FANGUS Oil and GasUS Market
7D1.0%-1.7%-1.7%
1Y40.6%11.0%22.9%

Return vs Industry: FANG exceeded the US Oil and Gas industry which returned 11% over the past year.

Return vs Market: FANG exceeded the US Market which returned 22.9% over the past year.

Price Volatility

Is FANG's price volatile compared to industry and market?
FANG volatility
FANG Average Weekly Movement3.8%
Oil and Gas Industry Average Movement4.6%
Market Average Movement6.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: FANG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20071,023Travis Sticewww.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 capUS$36.82b
Earnings (TTM)US$3.12b
Revenue (TTM)US$7.96b

11.8x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FANG income statement (TTM)
RevenueUS$7.96b
Cost of RevenueUS$1.27b
Gross ProfitUS$6.69b
Other ExpensesUS$3.57b
EarningsUS$3.12b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)17.49
Gross Margin84.04%
Net Profit Margin39.21%
Debt/Equity Ratio39.0%

How did FANG perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

47%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.