- Previous Close
170.63 - Open
170.11 - Bid 170.56 x 100
- Ask 170.68 x 200
- Day's Range
168.76 - 172.28 - 52 Week Range
143.08 - 214.50 - Volume
1,043,814 - Avg. Volume
1,622,549 - Market Cap (intraday)
49.948B - Beta (5Y Monthly) 1.88
- PE Ratio (TTM)
8.83 - EPS (TTM)
19.32 - Earnings Date Nov 4, 2024
- Forward Dividend & Yield 10.76 (6.31%)
- Ex-Dividend Date Aug 15, 2024
- 1y Target Est
222.04
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.comRecent News: FANG
View More
Performance Overview: FANG
Trailing total returns as of 9/30/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: FANG
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: FANG
View MoreValuation Measures
Market Cap
49.95B
Enterprise Value
55.02B
Trailing P/E
8.83
Forward P/E
9.07
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
3.28
Price/Book (mrq)
2.86
Enterprise Value/Revenue
5.93
Enterprise Value/EBITDA
8.15
Financial Highlights
Profitability and Income Statement
Profit Margin
39.34%
Return on Assets (ttm)
9.63%
Return on Equity (ttm)
21.34%
Revenue (ttm)
8.85B
Net Income Avi to Common (ttm)
3.46B
Diluted EPS (ttm)
19.32
Balance Sheet and Cash Flow
Total Cash (mrq)
6.91B
Total Debt/Equity (mrq)
65.63%
Levered Free Cash Flow (ttm)
1.07B
Research Analysis: FANG
View MoreCompany Insights: FANG
FANG does not have Company Insights
Research Reports: FANG
View MoreRaising target price to $189.00
DIAMONDBACK ENERGY INC has an Investment Rating of HOLD; a target price of $189.000000; 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 High.
RatingPrice TargetDiamondback's Higher Costs Are Within Reason as It Pulls Back on Buybacks
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.
RatingPrice TargetLowering target price to $180.00
DIAMONDBACK ENERGY INC has an Investment Rating of HOLD; a target price of $180.000000; 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 High.
RatingPrice TargetRaising target price to $204.00
DIAMONDBACK ENERGY INC has an Investment Rating of HOLD; a target price of $204.000000; 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.
RatingPrice Target