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FANG

FANG - Diamondback Energy Inc Stock Price, Fair Value and News

204.09USD+0.87 (+0.43%)Delayed as of 09 May 2024, 01:19 pm ET

Market Summary

FANG
USD204.09+0.87
Delayedas of 09 May 2024, 01:19 pm
0.43%

FANG Alerts

  • 2 major insider sales recently.

FANG Stock Price

View Fullscreen

FANG RSI Chart

FANG Valuation

Market Cap

36.2B

Price/Earnings (Trailing)

11.33

Price/Sales (Trailing)

4.16

EV/EBITDA

6.68

Price/Free Cashflow

6.22

FANG Price/Sales (Trailing)

FANG Profitability

EBT Margin

49.66%

Return on Equity

17.74%

Return on Assets

10.77%

Free Cashflow Yield

16.09%

FANG Fundamentals

FANG Revenue

Revenue (TTM)

8.7B

Rev. Growth (Yr)

15.69%

Rev. Growth (Qtr)

-0.04%

FANG Earnings

Earnings (TTM)

3.2B

Earnings Growth (Yr)

2.95%

Earnings Growth (Qtr)

-17.24%

Breaking Down FANG Revenue

52 Week Range

123.41204.64
(Low)(High)

Last 7 days

3.6%

Last 30 days

-1.7%

Last 90 days

32.4%

Trailing 12 Months

53.8%

How does FANG drawdown profile look like?

FANG Financial Health

Current Ratio

0.92

Debt/Equity

0.37

Debt/Cashflow

0.88

FANG Investor Care

Dividend Yield

4.04%

Dividend/Share (TTM)

7.99

Buy Backs (1Y)

1.52%

Diluted EPS (TTM)

17.74

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.7B000
20239.2B8.3B8.2B8.4B
20228.0B9.1B9.6B9.6B
20213.1B4.4B5.5B6.8B
20204.0B3.4B3.1B2.8B
20192.6B3.1B3.5B4.0B
20181.4B1.7B1.9B2.2B
2017674.9M831.8M990.9M1.2B
2016432.8M426.2M456.4M527.1M
2015499.1M491.2M464.0M446.7M
2014277.1M358.7M440.0M495.7M
201387.5M116.9M157.9M208.0M
201253.6M58.1M63.7M75.0M
201132.8M38.3M43.8M49.4M
201000027.3M
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Tracking the Latest Insider Buys and Sells of Diamondback Energy Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
thompson jere w iii
sold
-179,910
199
-900
exec. vp - strategy & corp dev
Apr 02, 2024
stice travis d.
sold
-6,000,060
200
-30,000
chief executive officer
Mar 21, 2024
zmigrosky matt
sold
-969,684
193
-5,000
evp, chief legal and admin off
Mar 21, 2024
dick teresa l.
sold
-387,840
193
-2,000
cao, exec. vp, assist. sec.
Mar 20, 2024
barkmann albert
sold
-203,340
190
-1,066
exec. vp and chief engineer
Mar 20, 2024
van't hof matthew kaes
sold
-2,289,850
190
-12,000
president & cfo
Mar 20, 2024
dick teresa l.
sold
-384,000
192
-2,000
cao, exec. vp, assist. sec.
Mar 19, 2024
wesson daniel n
sold
-1,153,020
192
-6,000
exec. vp & coo
Mar 19, 2024
thompson jere w iii
sold
-514,524
192
-2,675
exec. vp - strategy & corp dev
Mar 01, 2024
dick teresa l.
sold (taxes)
-3,581,770
182
-19,624
cao, exec. vp, assist. sec.

1–10 of 50

Which funds bought or sold FANG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
MEEDER ASSET MANAGEMENT INC
reduced
-1.05
1,981,450
9,473,520
0.60%
May 07, 2024
Stonebrook Private Inc.
added
12.03
187,456
621,876
0.18%
May 07, 2024
Cornerstone Planning Group LLC
added
300
651
806
-%
May 07, 2024
Aull & Monroe Investment Management Corp
unchanged
-
56,448
259,603
0.12%
May 07, 2024
THOROUGHBRED FINANCIAL SERVICES, LLC
added
3.36
461,000
1,897,000
0.18%
May 07, 2024
ANCHOR CAPITAL ADVISORS LLC
reduced
-7.98
12,561,100
84,000,700
2.20%
May 07, 2024
NorthRock Partners, LLC
added
94.8
431,210
720,744
0.06%
May 07, 2024
Inspire Investing, LLC
reduced
-18.28
173,468
4,089,240
0.42%
May 07, 2024
Williams Jones Wealth Management, LLC.
reduced
-27.03
-105,020
1,449,810
0.02%
May 07, 2024
Concurrent Investment Advisors, LLC
added
18.61
144,038
423,035
0.02%

1–10 of 46

Are Funds Buying or Selling FANG?

Are funds buying FANG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FANG
No. of Funds

Unveiling Diamondback Energy Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.22%
21,869,115
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Feb 08, 2024
wellington management group llp
7.72%
13,811,597
SC 13G
Jan 30, 2024
state street corp
6.24%
11,171,921
SC 13G/A
Jan 25, 2024
blackrock inc.
8.2%
14,685,132
SC 13G/A
Feb 09, 2023
vanguard group inc
11.78%
21,419,163
SC 13G/A
Feb 09, 2023
guidon energy holdings lp
0%
0
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G
Feb 01, 2023
state street corp
6.36%
11,570,839
SC 13G/A
Jan 27, 2023
blackrock inc.
9.1%
16,005,236
SC 13G/A

Recent SEC filings of Diamondback Energy Inc

View All Filings
Date Filed Form Type Document
May 07, 2024
4
Insider Trading
May 03, 2024
144
Notice of Insider Sale Intent
May 02, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Apr 29, 2024
8-K
Current Report
Apr 25, 2024
ARS
ARS
Apr 25, 2024
DEF 14A
DEF 14A
Apr 25, 2024
DEFA14A
DEFA14A
Apr 18, 2024
8-K
Current Report
Apr 18, 2024
8-K
Current Report

Peers (Alternatives to Diamondback Energy Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
458.0B
341.1B
-3.65% 6.42%
13.96
1.34
-16.75% -46.83%
300.2B
198.9B
0.78% 2.14%
14.79
1.51
-18.05% -43.28%
56.4B
27.7B
-7.39% 7.95%
13.06
2.04
-22.75% -55.41%
15.2B
6.6B
-8.51% 17.82%
10.61
2.3
-15.57% -47.38%
11.6B
6.4B
-2.01% 13.18%
10.97
1.8
-54.63% -85.10%
MID-CAP
9.0B
2.2B
3.10% 44.71%
18.62
4.08
-62.59% -77.29%
3.8B
2.7B
-11.14% 20.77%
10.75
1.38
2.93% 8.77%
3.6B
2.5B
-2.36% 51.35%
3.55
1.42
-6.59% -31.79%
2.8B
1.7B
1.69% -5.21%
12.77
1.64
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
283.6M
304.0M
2.58% 1.42%
9.27
0.93
-28.78% -93.34%
176.4M
186.7M
-21.14% 114.51%
-3.8
0.94
-27.21% 56.92%
93.1M
220.8M
-14.63% -12.52%
-30.56
0.42
-38.52% -116.44%
73.7M
2.8B
-6.97% -25.60%
42.99
0.03
-15.01% 137.22%
28.7M
23.9M
12.16% 5.54%
-10.57
1.2
-21.86% -149.09%

Diamondback Energy Inc News

Latest updates
Simply Wall St • 6 hours ago
Yahoo Singapore News • 07 May 2024 • 05:35 am
Defense World • 06 May 2024 • 06:29 pm

Diamondback Energy Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.0%2,2272,2282,3401,9191,9252,0302,4372,7682,4082,0221,9101,6811,1847697204258991,1049751,021864
Costs and Expenses8.4%1,1091,0231,0009199007748237907487117467266131,5151,9763,0971,7011,488626610545
  S&GA Expenses17.9%46.0039.0034.0037.0040.0035.0034.0039.0036.0047.0038.0036.0025.0024.0020.0020.0024.0036.0019.0022.0027.00
EBITDA Margin-1.2%0.72*0.73*0.74*0.75*0.79*0.75*0.75*0.72*0.64*0.64*0.37*-0.06*---------
Interest Expenses--------------12111.0073.0016.0072.0039.0059.0017.00
Income Taxes-15.5%22326427616520726129040222127919394.0065.00-202-304-68183.00-124102102-33.00
Earnings Before Taxes-19.1%1,0321,2751,2697519531,2891,5601,8631,0241,330867422288-958-1,409-3,092-317-59649045810.00
EBT Margin-1.7%0.50*0.50*0.52*0.55*0.62*0.59*0.60*0.56*0.45*0.43*0.11*-0.38*---------
Net Income-17.2%7689289155867469731,1841,461803992649328223-666-1,113-2,411-400-48736835643.00
Net Income Margin-2.8%0.37*0.38*0.39*0.42*0.48*0.46*0.46*0.43*0.35*0.32*0.10*-0.28*---------
Free Cashflow-17.9%1,3341,6241,3581,5131,4251,4411,9251,7071,2521,1671,199954---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.4%29,69029,00128,04927,58727,58926,20923,84323,44823,33122,89822,63922,89821,99617,61918,76020,33723,38623,53123,55323,53123,531
  Current Assets20.2%1,9481,6211,9169181,1601,3921,0311,2011,3471,4461,4641,1428516025586541,268869845972693
    Cash Equivalents54.5%89958282718.0046.0015734.0059.0016767245734412110892.0051.00149128100326149
  Inventory-9.5%57.0063.0070.0066.0069.0067.0059.0065.0062.0062.0053.0052.0052.0033.0033.0034.0036.0037.0045.0044.0039.00
  Net PPE1.3%27,02426,67425,36525,14525,51423,75921,90321,36921,10820,61920,40620,41920,35216,21417,43518,92721,42021,83522,04321,60321,047
Liabilities0.9%11,67111,57111,06511,37511,46610,5199,2859,0589,4799,65310,21710,44510,3447,8158,0918,5029,0708,6258,0647,7217,754
  Current Liabilities0.5%2,1182,1082,1412,1231,8861,7161,6781,6401,8721,4381,9961,9721,8681,2361,2291,0611,3301,2631,1811,1801,112
  Long Term Debt-0.2%6,6296,6416,2306,5436,9506,2385,3475,4015,8036,6426,9257,3607,4655,6245,6565,9525,6775,3714,7614,4724,670
    LT Debt, Current-----10.0010.0010.0055.0045.0045.0020.00-191191191------
    LT Debt, Non Current-100.0%-6,6416,2306,5436,9506,2385,3475,4015,8036,6426,9257,3607,4655,6245,6565,9525,6775,3714,7614,4724,670
Shareholder's Equity8.4%18,01916,62516,28016,21216,12315,00914,55814,39013,85213,24512,42211,89011,6529,80410,66911,83514,31614,90615,48915,45014,514
  Retained Earnings8.7%2,7052,4892,1361,372967801195-458-1,326-1,998-2,908-3,475-3,713-3,864-3,065-1,8935598901,4071,069752
  Additional Paid-In Capital0.8%14,25114,14214,14914,18714,50214,21313,64613,77214,06714,08414,38914,39914,38412,65612,61512,60512,26512,35712,64112,93313,019
Accumulated Depreciation2.8%16,89116,42915,98815,55815,23814,84414,48714,16013,84013,54513,23412,91412,58312,31411,0319,2976,4165,0033,8153,4513,095
Shares Outstanding-0.2%178179179179182180176177178177181181---------
Minority Interest32.8%1,0698057046586596817151,0741,1091,1579399649791,0101,1171,1211,4901,6571,4391,446741
Float----23,400---21,200---16,900---6,600---15,900-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-17.9%1,3341,6241,3581,5131,4251,4411,9251,7071,2521,1671,199954624403542324849887809666377
  Share Based Compensation0%14.0014.0013.0016.0011.0013.0014.0013.0015.0014.0014.0013.0010.0010.009.009.009.0021.004.009.0014.00
Cashflow From Investing48.7%-751-1,46415.00-595-1,279-1,378-720-516-716-216-425-311-587-246-320-612-923-1,144-972-835-937
Cashflow From Financing33.6%-269-405-564-950-25767.00-1,230-1,299-1,041-820-629-42129.00-148-182192101285-63.00369471
  Dividend Payments-9.1%54860314915054239852654110791.0081.0072.0068.0059.0059.0059.0059.0030.0031.0030.0021.00
  Buy Backs-67.9%42.0013156.003213323164723037.0040322.0012.00---1.002.0098.0018729610413.00
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FANG Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Other operating income$ 10$ 23
Total revenues2,2271,925
Costs and expenses:  
Lease operating expenses255192
Production and ad valorem taxes119155
Depreciation, depletion, amortization and accretion469403
General and administrative expenses4640
Merger and integration expenses128
Other operating expenses1434
Total costs and expenses1,109900
Income (loss) from operations1,1181,025
Other income (expense):  
Interest expense, net(46)(46)
Other income (expense), net453
Gain (loss) on derivative instruments, net(48)(93)
Gain (loss) on extinguishment of debt20
Income (loss) from equity investments, net214
Total other income (expense), net(86)(72)
Income (loss) before income taxes1,032953
Provision for (benefit from) income taxes223207
Net income (loss)809746
Net income (loss) attributable to non-controlling interest4134
Net income (loss) attributable to Diamondback Energy, Inc.$ 768$ 712
Earnings (loss) per common share:  
Basic (in USD per share)$ 4.28$ 3.88
Diluted (in USD per share)$ 4.28$ 3.88
Weighted average common shares outstanding:  
Basic (in shares)178,477181,988
Diluted (in shares)178,477181,988
Oil sales  
Revenues:  
Revenue$ 1,867$ 1,654
Natural gas sales  
Revenues:  
Revenue5069
Natural gas liquid sales  
Revenues:  
Revenue184179
Purchased oil  
Revenues:  
Revenue1160
Costs and expenses:  
Cost of goods and services sold1170
Gathering, processing and transportation  
Costs and expenses:  
Cost of goods and services sold$ 77$ 68

FANG Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 896$ 582
Restricted cash33
Accounts receivable:  
Joint interest and other, net208192
Oil and natural gas sales, net ($132 million and $109 million related to Viper)734654
Income tax receivable01
Inventories5763
Derivative instruments717
Prepaid expenses and other current assets43109
Total current assets1,9481,621
Property and equipment:  
Oil and natural gas properties, full cost method of accounting ($8,455 million and $8,659 million excluded from amortization at March 31, 2024 and December 31, 2023, respectively) ($4,649 million and $4,629 million and $1,719 million and $1,769 million excluded from amortization related to Viper)43,24042,430
Other property, equipment and land675673
Accumulated depletion, depreciation, amortization and impairment ($913 million and $866 million related to Viper)(16,891)(16,429)
Property and equipment, net27,02426,674
Equity method investments529529
Derivative instruments71
Deferred income taxes, net6145
Investment in real estate, net8384
Other assets3847
Total assets29,69029,001
Current liabilities:  
Accounts payable - trade243261
Accrued capital expenditures570493
Other accrued liabilities337475
Revenues and royalties payable732764
Derivative instruments10286
Income taxes payable13429
Total current liabilities2,1182,108
Long-term debt ($1,094 million and $1,083 million related to Viper)6,6296,641
Derivative instruments144122
Asset retirement obligations266239
Deferred income taxes2,5022,449
Other long-term liabilities1212
Total liabilities11,67111,571
Commitments and contingencies (Note 15)
Stockholders’ equity:  
Common stock, $0.01 par value; 400,000,000 shares authorized; 178,339,978 and 178,723,871 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively22
Additional paid-in capital14,25114,142
Retained earnings (accumulated deficit)2,7052,489
Accumulated other comprehensive income (loss)(8)(8)
Total Diamondback Energy, Inc. stockholders’ equity16,95016,625
Non-controlling interest1,069805
Total equity18,01917,430
Total liabilities and stockholders' equity$ 29,690$ 29,001
FANG
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. The company also owns, operates, develops, and acquires midstream infrastructure assets, including 770 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.
 CEO
 WEBSITEdiamondbackenergy.com
 INDUSTRYOil - E&P
 EMPLOYEES972

Diamondback Energy Inc Frequently Asked Questions


What is the ticker symbol for Diamondback Energy Inc? What does FANG stand for in stocks?

FANG is the stock ticker symbol of Diamondback Energy Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Diamondback Energy Inc (FANG)?

As of Wed May 08 2024, market cap of Diamondback Energy Inc is 36.23 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FANG stock?

You can check FANG's fair value in chart for subscribers.

What is the fair value of FANG stock?

You can check FANG's fair value in chart for subscribers. The fair value of Diamondback Energy Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Diamondback Energy Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FANG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Diamondback Energy Inc a good stock to buy?

The fair value guage provides a quick view whether FANG is over valued or under valued. Whether Diamondback Energy Inc is cheap or expensive depends on the assumptions which impact Diamondback Energy Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FANG.

What is Diamondback Energy Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, FANG's PE ratio (Price to Earnings) is 11.33 and Price to Sales (PS) ratio is 4.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FANG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Diamondback Energy Inc's stock?

In the past 10 years, Diamondback Energy Inc has provided 0.125 (multiply by 100 for percentage) rate of return.