Diamondback Energy, Inc.
Diamondback Energy, Inc.
Your view on FANG
Overview
What the company does, where it operates, and who runs it.
About Diamondback Energy, Inc.
- Industry
- Oil & Gas Exploration & Production
- Sector
- Energy
- CEO
- Matthew Kaes Van't Hof
- Headquarters
- 500 West Texas Avenue, Midland, TX, US
- Industry
- Oil & Gas Exploration & Production
- Sector
- Energy
- CEO
- Matthew Kaes Van't Hof
- Headquarters
- 500 West Texas Avenue, Midland, TX, US
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and 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.
As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells.
In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Diamondback Energy, Inc., and the rating behind it. FANG last traded at $207.13, 40.5× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Diamondback Energy, Inc.. Starting points for Diamondback Energy, Inc.: P/E 40.5, EPS $5.64, beta 0.41 — an Oil & Gas Exploration & Production name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Diamondback Energy, Inc.. Diamondback Energy, Inc. paid $4.25 per share over the last year — a 2.1% yield at the current $207.13 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Diamondback Energy, Inc.. Trailing twelve-month EPS for Diamondback Energy, Inc. stands at $5.64. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Diamondback Energy, Inc.. Diamondback Energy, Inc. has reported as a listed company since 2012. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Diamondback Energy, Inc. valued side by side against its closest peers. Diamondback Energy, Inc. is measured against Oil & Gas Exploration & Production peers within the Energy sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Diamondback Energy, Inc., and how their positions are changing. At a $58.00B market value, institutional positions materially move Diamondback Energy, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Diamondback Energy, Inc. executives and directors. Shares of Diamondback Energy, Inc. have traded between $114.00 and $186.07 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Diamondback Energy, Inc.. Diamondback Energy, Inc. is a $58.00B Energy company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Diamondback Energy, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Diamondback Energy, Inc.. Coverage tracks Diamondback Energy, Inc. within Oil & Gas Exploration & Production (Energy). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.