Diamondback Energy Past Earnings Performance
Past criteria checks 4/6
Diamondback Energy has been growing earnings at an average annual rate of 46.3%, while the Oil and Gas industry saw earnings growing at 39.5% annually. Revenues have been growing at an average rate of 24% per year. Diamondback Energy's return on equity is 20%, and it has net margins of 39.1%.
Key information
46.3%
Earnings growth rate
45.2%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 24.0% |
| Return on equity | 20.0% |
| Net Margin | 39.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Diamondback 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 13
Diamondback 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 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 02Revenue & Expenses Breakdown
How Diamondback Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 8,846 | 3,456 | 165 | 0 |
| 31 Mar 24 | 8,371 | 3,176 | 156 | 0 |
| 31 Dec 23 | 7,959 | 3,121 | 150 | 0 |
| 30 Sep 23 | 7,744 | 3,165 | 146 | 0 |
| 30 Jun 23 | 7,945 | 3,430 | 146 | 0 |
| 31 Mar 23 | 8,584 | 4,278 | 148 | 0 |
| 31 Dec 22 | 9,083 | 4,344 | 144 | 0 |
| 30 Sep 22 | 9,081 | 4,338 | 156 | 0 |
| 30 Jun 22 | 8,422 | 3,809 | 160 | 0 |
| 31 Mar 22 | 7,584 | 2,718 | 157 | 0 |
| 31 Dec 21 | 6,747 | 2,162 | 146 | 0 |
| 30 Sep 21 | 5,220 | 430 | 123 | 0 |
| 30 Jun 21 | 4,145 | -1,326 | 105 | 0 |
| 31 Mar 21 | 2,852 | -4,027 | 89 | 0 |
| 31 Dec 20 | 2,756 | -4,519 | 88 | 0 |
| 30 Sep 20 | 2,992 | -4,265 | 100 | 0 |
| 30 Jun 20 | 3,236 | -2,784 | 99 | 0 |
| 31 Mar 20 | 3,802 | -42 | 101 | 0 |
| 31 Dec 19 | 3,951 | 240 | 104 | 0 |
| 30 Sep 19 | 3,317 | 1,034 | 88 | 0 |
| 30 Jun 19 | 2,897 | 823 | 83 | 0 |
| 31 Mar 19 | 2,426 | 693 | 76 | 0 |
| 31 Dec 18 | 2,164 | 846 | 65 | 0 |
| 30 Sep 18 | 1,850 | 654 | 56 | 0 |
| 30 Jun 18 | 1,644 | 570 | 54 | 0 |
| 31 Mar 18 | 1,414 | 509 | 51 | 0 |
| 31 Dec 17 | 1,193 | 482 | 48 | 0 |
| 30 Sep 17 | 988 | 393 | 48 | 0 |
| 30 Jun 17 | 830 | 318 | 46 | 0 |
| 31 Mar 17 | 673 | 4 | 43 | 0 |
| 31 Dec 16 | 527 | -165 | 43 | 0 |
| 30 Sep 16 | 456 | -378 | 41 | 0 |
| 30 Jun 16 | 426 | -533 | 39 | 0 |
| 31 Mar 16 | 433 | -589 | 37 | 0 |
| 31 Dec 15 | 447 | -551 | 32 | 0 |
| 30 Sep 15 | 464 | -265 | 30 | 0 |
| 30 Jun 15 | 491 | -64 | 29 | 0 |
| 31 Mar 15 | 499 | 176 | 25 | 0 |
| 31 Dec 14 | 496 | 194 | 21 | 0 |
| 30 Sep 14 | 440 | 115 | 19 | 0 |
| 30 Jun 14 | 359 | 86 | 14 | 0 |
| 31 Mar 14 | 277 | 73 | 13 | 0 |
| 31 Dec 13 | 208 | 55 | 11 | 0 |
| 30 Sep 13 | 158 | 31 | 10 | 0 |
Quality Earnings: FANG has high quality earnings.
Growing Profit Margin: FANG's current net profit margins (39.1%) are lower than last year (43.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FANG's earnings have grown significantly by 46.3% per year over the past 5 years.
Accelerating Growth: FANG's earnings growth over the past year (0.8%) is below its 5-year average (46.3% per year).
Earnings vs Industry: FANG earnings growth over the past year (0.8%) exceeded the Oil and Gas industry -32.3%.
Return on Equity
High ROE: FANG's Return on Equity (20%) is considered high.