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
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
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Diamondback Energy, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$154.94 |
| 52 Week High | US$214.50 |
| 52 Week Low | US$147.93 |
| Beta | 1.85 |
| 1 Month Change | -14.61% |
| 3 Month Change | -14.40% |
| 1 Year Change | -0.93% |
| 3 Year Change | 46.25% |
| 5 Year Change | 70.70% |
| Change since IPO | 785.37% |
Recent News & Updates
Is Diamondback Energy (NASDAQ:FANG) Using Too Much Debt?
Dec 20
Exxon Mobil Vs. Diamondback Energy: Only One Is A Compelling Buy
Dec 12Why Diamondback Energy Is My Top Pick For U.S. Oil
Nov 05Are Investors Undervaluing Diamondback Energy, Inc. (NASDAQ:FANG) By 37%?
Oct 29Recent updates
Is Diamondback Energy (NASDAQ:FANG) Using Too Much Debt?
Dec 20Exxon Mobil Vs. Diamondback Energy: Only One Is A Compelling Buy
Dec 12Why Diamondback Energy Is My Top Pick For U.S. Oil
Nov 05Are Investors Undervaluing Diamondback Energy, Inc. (NASDAQ:FANG) By 37%?
Oct 29There's Reason For Concern Over Diamondback Energy, Inc.'s (NASDAQ:FANG) Price
Oct 08Diamondback Energy: Secondary Offering Confusion
Sep 21Party Time: Brokers Just Made Major Increases To Their Diamondback Energy, Inc. (NASDAQ:FANG) Earnings Forecasts
Sep 11Diamondback Energy: Increased Geopolitical Tensions Raise Free Cash Flow Outlook
Aug 30Diamondback Energy Q2: Fantastic Growth Per Share Reported
Aug 06Looking For Energy Dividends? Don't Sleep On Diamondback Energy
Jul 21We Think Diamondback Energy (NASDAQ:FANG) Is Taking Some Risk With Its Debt
Jul 13Diamondback Energy, Inc.'s (NASDAQ:FANG) Low P/E No Reason For Excitement
Jun 21Diamondback Energy: Round 2 Makes An Acquisition
Jun 05We Think Shareholders Will Probably Be Generous With Diamondback Energy, Inc.'s (NASDAQ:FANG) CEO Compensation
May 31Diamondback Energy: Evolving Powerhouse In The Permian
May 13Diamondback 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 13Diamondback 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 29Shareholder Returns
| FANG | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -5.1% | -5.1% | -2.4% |
| 1Y | -0.9% | 2.6% | 23.3% |
Return vs Industry: FANG underperformed the US Oil and Gas industry which returned 2.6% over the past year.
Return vs Market: FANG underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| FANG volatility | |
|---|---|
| FANG Average Weekly Movement | 4.8% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: FANG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FANG's weekly volatility (5%) 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$44.69b |
| Earnings (TTM) | US$3.20b |
| Revenue (TTM) | US$9.16b |
14.1x
P/E Ratio4.9x
P/S RatioIs FANG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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
Next Earnings Date
n/a
| 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 comparisonDividends
5.4%
Current Dividend Yield48%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:06 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Diamondback Energy, Inc. is covered by 74 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 |
|---|---|
| Betty Jiang | Barclays |
| Jeanine Wai | Barclays |
| Jeanine Wai | Barclays |