NasdaqGS - Delayed Quote USD

Diamondback Energy, Inc. (FANG)

205.24 +0.87 (+0.43%)
At close: April 24 at 4:00 PM EDT
205.39 +0.15 (+0.07%)
Pre-Market: 8:40 AM EDT
Loading Chart for FANG
DELL
  • Previous Close 204.37
  • Open 203.71
  • Bid 205.21 x 100
  • Ask 205.31 x 100
  • Day's Range 202.92 - 206.65
  • 52 Week Range 123.41 - 211.96
  • Volume 1,287,915
  • Avg. Volume 1,780,670
  • Market Cap (intraday) 36.603B
  • Beta (5Y Monthly) 1.92
  • PE Ratio (TTM) 11.84
  • EPS (TTM) 17.34
  • Earnings Date Apr 30, 2024
  • Forward Dividend & Yield 8.12 (3.96%)
  • Ex-Dividend Date Mar 4, 2024
  • 1y Target Est 220.28

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. was founded in 2007 and is headquartered in Midland, Texas.

www.diamondbackenergy.com

1,023

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News: FANG

Performance Overview: FANG

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FANG
34.58%
S&P 500
6.33%

1-Year Return

FANG
52.94%
S&P 500
22.70%

3-Year Return

FANG
213.47%
S&P 500
21.33%

5-Year Return

FANG
123.77%
S&P 500
72.88%

Compare To: FANG

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: FANG

Valuation Measures

Annual
As of 4/24/2024
  • Market Cap

    36.60B

  • Enterprise Value

    42.82B

  • Trailing P/E

    11.84

  • Forward P/E

    10.75

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    4.43

  • Price/Book (mrq)

    2.20

  • Enterprise Value/Revenue

    5.14

  • Enterprise Value/EBITDA

    6.94

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    39.49%

  • Return on Assets (ttm)

    9.83%

  • Return on Equity (ttm)

    20.15%

  • Revenue (ttm)

    7.96B

  • Net Income Avi to Common (ttm)

    3.12B

  • Diluted EPS (ttm)

    17.34

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    582M

  • Total Debt/Equity (mrq)

    39.04%

  • Levered Free Cash Flow (ttm)

    273.62M

Research Analysis: FANG

Analyst Price Targets

154.00 Low
220.28 Average
205.24 Current
263.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: FANG

Fair Value

205.24 Current
 

Dividend Score

0 Low
FANG
Sector Avg.
100 High
 

Hiring Score

0 Low
FANG
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
FANG
Sector Avg.
100 High
 

Research Reports: FANG

  • FANG: Raising target price to $215.00

    DIAMONDBACK ENERGY INC has an Investment Rating of HOLD; a target price of $215.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Analyst Report: Diamondback Energy, Inc.

    Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.

    Rating
    Price Target
     
  • FANG: Lowering target price to $214.00

    DIAMONDBACK ENERGY INC has an Investment Rating of HOLD; a target price of $214.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Analyst Report: Diamondback Energy, Inc.

    Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.

    Rating
    Price Target
     

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