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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
Diamondback Energy, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$207.76 |
| 52 Week High | US$211.96 |
| 52 Week Low | US$123.41 |
| Beta | 1.92 |
| 1 Month Change | 5.71% |
| 3 Month Change | 32.97% |
| 1 Year Change | 46.10% |
| 3 Year Change | 154.20% |
| 5 Year Change | 106.79% |
| Change since IPO | 1,087.20% |
Recent News & Updates
Diamondback 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 01Recent updates
Diamondback 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 13
Diamondback 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 15Diamondback Energy (NASDAQ:FANG) Has A Pretty Healthy Balance Sheet
Jun 26Do Diamondback Energy's (NASDAQ:FANG) Earnings Warrant Your Attention?
Jun 11A Look At The Fair Value Of Diamondback Energy, Inc. (NASDAQ:FANG)
Apr 16We Think Diamondback Energy (NASDAQ:FANG) Can Stay On Top Of Its Debt
Mar 16Does Diamondback Energy (NASDAQ:FANG) Deserve A Spot On Your Watchlist?
Mar 01A Look At The Intrinsic Value Of Diamondback Energy, Inc. (NASDAQ:FANG)
Dec 20Diamondback Energy (NASDAQ:FANG) Seems To Use Debt Quite Sensibly
Dec 02Diamondback Energy: Sell Its Recent Surge And Come Back Later
Oct 14Diamondback Energy: Ready For Whatever Happens
Oct 02Diamondback Energy: Your FANG For The Next Decade?
Sep 11Diamondback Energy: Slipping Along With Oil Prices
Sep 01We Think Diamondback Energy (NASDAQ:FANG) Can Stay On Top Of Its Debt
Aug 23Diamondback Energy: No Snake Eyes Here
Jul 31An Intrinsic Calculation For Diamondback Energy, Inc. (NASDAQ:FANG) Suggests It's 30% Undervalued
Jul 27Diamondback Energy: Potential Income From 2020 Acquisitions Realized
Jun 29Diamondback Energy: Profiting Off High Oil Prices But Still Remarkably Undervalued
May 26Shareholder Returns
| FANG | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 3.5% | 3.1% | 1.0% |
| 1Y | 46.1% | 16.0% | 21.9% |
Return vs Industry: FANG exceeded the US Oil and Gas industry which returned 16% over the past year.
Return vs Market: FANG exceeded the US Market which returned 21.9% over the past year.
Price Volatility
| FANG volatility | |
|---|---|
| FANG Average Weekly Movement | 3.7% |
| Oil and Gas Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
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
| 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
| FANG fundamental statistics | |
|---|---|
| Market cap | US$37.05b |
| Earnings (TTM) | US$3.12b |
| Revenue (TTM) | US$7.96b |
11.9x
P/E Ratio4.7x
P/S RatioIs FANG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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) | 17.50 |
| 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