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FANG

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

205.24USD+0.87 (+0.43%)Market Closed

Market Summary

FANG
USD205.24+0.87
Market Closed
0.43%

FANG Alerts

  • 7 major insider sales recently.

FANG Stock Price

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FANG RSI Chart

FANG Valuation

Market Cap

36.5B

Price/Earnings (Trailing)

11.49

Price/Sales (Trailing)

4.34

EV/EBITDA

6.93

Price/Free Cashflow

6.16

FANG Price/Sales (Trailing)

FANG Profitability

EBT Margin

50.50%

Return on Equity

19.1%

Return on Assets

10.95%

Free Cashflow Yield

16.23%

FANG Fundamentals

FANG Revenue

Revenue (TTM)

8.4B

Rev. Growth (Yr)

9.75%

Rev. Growth (Qtr)

-4.79%

FANG Earnings

Earnings (TTM)

3.2B

Earnings Growth (Yr)

-4.58%

Earnings Growth (Qtr)

1.42%

Breaking Down FANG Revenue

Last 7 days

0.2%

Last 30 days

5.0%

Last 90 days

33.4%

Trailing 12 Months

42.4%

How does FANG drawdown profile look like?

FANG Financial Health

Current Ratio

0.77

Debt/Equity

0.4

Debt/Cashflow

0.89

FANG Investor Care

Dividend Yield

3.92%

Dividend/Share (TTM)

7.99

Buy Backs (1Y)

2.80%

Diluted EPS (TTM)

17.34

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
GRUFITY'S FAIR VALUE MODEL

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Tracking the Latest Insider Buys and Sells of Diamondback Energy Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
thompson jere w iii
sold
-514,524
192
-2,675
exec. vp - strategy & corp dev
Mar 19, 2024
wesson daniel n
sold
-1,153,020
192
-6,000
exec. vp & coo
Mar 01, 2024
dick teresa l.
sold (taxes)
-3,581,770
182
-19,624
cao, exec. vp, assist. sec.
Mar 01, 2024
van't hof matthew kaes
acquired
-
-
76,930
president & cfo

1–10 of 50

Which funds bought or sold FANG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
OAK HARBOR WEALTH PARTNERS, LLC
added
3.97
170,421
689,541
0.22%
Apr 23, 2024
Strategic Investment Advisors / MI
added
51.54
684,171
1,414,740
0.18%
Apr 23, 2024
ARCADIA INVESTMENT MANAGEMENT CORP/MI
unchanged
-
17,236
79,268
0.01%
Apr 23, 2024
BFSG, LLC
unchanged
-
2,757
12,683
-%
Apr 23, 2024
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
unchanged
-
257,631
1,068,610
0.01%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
reduced
-4.26
326,000
1,784,000
0.06%
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
added
0.66
1,327,670
5,964,720
0.10%
Apr 23, 2024
Tyche Wealth Partners LLC
added
0.23
296,814
1,353,490
0.33%
Apr 23, 2024
TrueWealth Advisors, LLC
reduced
-8.41
96,705
664,388
0.26%
Apr 23, 2024
CIGNA INVESTMENTS INC /NEW
unchanged
-
82,000
376,000
0.07%

1–10 of 50

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
Apr 18, 2024
8-K
Current Report
Apr 18, 2024
8-K
Current Report
Apr 18, 2024
DEFA14A
DEFA14A
Apr 18, 2024
DEFA14A
DEFA14A
Apr 12, 2024
8-K
Current Report
Apr 12, 2024
DEFA14A
DEFA14A
Apr 11, 2024
424B2
Prospectus Filed
Apr 10, 2024
8-K
Current Report
Apr 10, 2024
FWP
Prospectus Filed
Apr 08, 2024
424B5
Prospectus Filed

Peers (Alternatives to Diamondback Energy Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
480.1B
344.6B
6.63% 2.38%
13.33
1.39
-16.70% -35.40%
302.4B
200.9B
5.29% -5.04%
14.15
1.51
-18.40% -39.75%
59.3B
28.9B
5.61% 7.38%
12.62
2.05
-22.04% -64.70%
16.1B
6.6B
2.69% 12.54%
10.34
2.42
-17.41% -56.98%
11.6B
8.7B
2.61% 7.38%
4.79
1.33
-25.73% -50.99%
MID-CAP
8.5B
2.2B
10.15% 42.39%
17.6
3.86
-62.59% -77.29%
4.2B
2.8B
2.54% 14.07%
9.68
1.48
19.47% 177.97%
3.7B
3.4B
5.94% 53.51%
2.12
1.06
172.35% 1311.12%
2.7B
1.7B
0.34% -14.77%
12.87
1.62
-26.01% -5.75%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
291.3M
307.6M
16.98% 4.99%
0.74
0.95
-32.91% 578.62%
166.2M
186.7M
-30.16% 80.93%
-3.58
0.89
-27.21% 56.92%
86.2M
220.8M
-8.07% -26.71%
-28.29
0.39
-38.52% -116.44%
75.1M
2.7B
13.76% -21.15%
354.25
0.03
-18.46% -93.92%
28.1M
23.9M
18.14% 3.70%
-10.35
1.17
-21.86% -149.09%

Diamondback Energy Inc News

Latest updates
MarketBeat • 7 hours ago
Yahoo Movies Canada • 22 Apr 2024 • 11:37 am
Nasdaq • 12 Apr 2024 • 03:28 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-4.8%2,2282,3401,9191,9252,0302,4372,7682,4082,0221,9101,6811,1847697204258991,1049751,021864633
Costs and Expenses2.3%1,0231,0009199007748237907487117467266131,5151,9763,0971,7011,488626610545438
  S&GA Expenses14.7%39.0034.0037.0040.0035.0034.0039.0036.0047.0038.0036.0025.0024.0020.0020.0024.0036.0019.0022.0027.0020.00
EBITDA Margin-0.73*-0.75*0.79*0.75*0.75*0.72*0.64*0.64*0.37*-0.06*-1.22*-1.51*--------
Interest Expenses-------------12111.0073.0016.0072.0039.0059.0017.0062.00
Income Taxes-4.3%26427616520726129040222127919394.0065.00-202-304-68183.00-124102102-33.0085.00
Earnings Before Taxes0.5%1,2751,2697519531,2891,5601,8631,0241,330867422288-958-1,409-3,092-317-59649045810.00391
EBT Margin-2.7%0.50*0.52*0.55*0.62*0.59*0.60*0.56*0.45*0.43*0.11*-0.38*-1.67*---------
Net Income1.4%9289155867469731,1841,461803992649328223-666-1,113-2,411-400-48736835643.00307
Net Income Margin-3.7%0.38*0.39*0.42*0.48*0.46*0.46*0.43*0.35*0.32*0.10*-0.28*-1.28*---------
Free Cashflow19.6%1,6241,3581,5131,4251,4411,9251,7071,2521,1671,199954624---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.4%29,00128,04927,58727,58926,20923,84323,44823,33122,89822,63922,89821,99617,61918,76020,33723,38623,53123,55323,53123,53121,596
  Current Assets-15.4%1,6211,9169181,1601,3921,0311,2011,3471,4461,4641,1428516025586541,268869845972693925
    Cash Equivalents-29.6%58282718.0046.0015734.0059.0016767245734412110892.0051.00149128100326149215
  Inventory-10.0%63.0070.0066.0069.0067.0059.0065.0062.0062.0053.0052.0052.0033.0033.0034.0036.0037.0045.0044.0039.0037.00
  Net PPE5.2%26,67425,36525,14525,51423,75921,90321,36921,10820,61920,40620,41920,35216,21417,43518,92721,42021,83522,04321,60321,04720,372
Liabilities4.6%11,57111,06511,37511,46610,5199,2859,0589,4799,65310,21710,44510,3447,8158,0918,5029,0708,6258,0647,7217,7547,429
  Current Liabilities-1.5%2,1082,1412,1231,8861,7161,6781,6401,8721,4381,9961,9721,8681,2361,2291,0611,3301,2631,1811,1801,1121,019
  Long Term Debt6.6%6,6416,2306,5436,9506,2385,3475,4015,8036,6426,9257,3607,4655,6245,6565,9525,6775,3714,7614,4724,6704,464
    LT Debt, Current----10.0010.0010.0055.0045.0045.0020.00-191191191-------
    LT Debt, Non Current6.6%6,6416,2306,5436,9506,2385,3475,4015,8036,6426,9257,3607,4655,6245,6565,9525,6775,3714,7614,4724,6704,464
Shareholder's Equity2.1%16,62516,28016,21216,12315,00914,55814,39013,85213,24512,42211,89011,6529,80410,66911,83514,31614,90615,48915,45014,51414,167
  Retained Earnings16.5%2,4892,1361,372967801195-458-1,326-1,998-2,908-3,475-3,713-3,864-3,065-1,8935598901,4071,069752762
  Additional Paid-In Capital0.0%14,14214,14914,18714,50214,21313,64613,77214,06714,08414,38914,39914,38412,65612,61512,60512,26512,35712,64112,93313,01912,936
Accumulated Depreciation2.8%16,42915,98815,55815,23814,84414,48714,16013,84013,54513,23412,91412,58312,31411,0319,2976,4165,0033,8153,4513,0952,774
Shares Outstanding-0.1%179179179182180176177178177181181164---------
Minority Interest14.3%8057046586596817151,0741,1091,1579399649791,0101,1171,1211,4901,6571,4391,446741467
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations19.6%1,6241,3581,5131,4251,4411,9251,7071,2521,1671,199954624403542324849887809666377412
  Share Based Compensation7.7%14.0013.0016.0011.0013.0014.0013.0015.0014.0014.0013.0010.0010.009.009.009.0021.004.009.0014.009.00
Cashflow From Investing-9860.0%-1,46415.00-595-1,279-1,378-720-516-716-216-425-311-587-246-320-612-923-1,144-972-835-937-1,684
Cashflow From Financing28.2%-405-564-950-25767.00-1,230-1,299-1,041-820-629-42129.00-148-182192101285-63.00369471978
  Dividend Payments304.7%60314915054239852654110791.0081.0072.0068.0059.0059.0059.0059.0030.0031.0030.0021.0012.00
  Buy Backs133.9%13156.003213323164723037.0040322.0012.00---1.002.0098.0018729610413.00-

FANG Income Statement

2023-12-31
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Other operating income$ 73$ 77$ 50
Total revenues8,4129,6436,797
Costs and expenses:   
Lease operating expenses872652565
Production and ad valorem taxes525611425
Depreciation, depletion, amortization and accretion1,7461,3441,275
General and administrative expenses150144146
Merger and integration expenses111478
Other operating expenses14011295
Total costs and expenses3,8423,1352,796
Income (loss) from operations4,5706,5084,001
Other income (expense):   
Interest expense, net(175)(159)(199)
Other income (expense), net68(5)13
Gain (loss) on derivative instruments, net:(259)(586)(848)
Gain (loss) on extinguishment of debt(4)(99)(75)
Income (loss) from equity investments, net487715
Total other income (expense), net(322)(772)(1,094)
Income (loss) before income taxes4,2485,7362,907
Provision for (benefit from) income taxes9121,174631
Net income (loss)3,3364,5622,276
Net income (loss) attributable to non-controlling interest19317694
Net income (loss) attributable to Diamondback Energy, Inc.$ 3,143$ 4,386$ 2,182
Earnings (loss) per common share:   
Basic (in dollars per share)$ 17.34$ 24.61$ 12.24
Diluted (in dollars per share)$ 17.34$ 24.61$ 12.24
Weighted average common shares outstanding:   
Basic (in shares)179,999176,539176,643
Diluted (in shares)179,999176,539176,643
Comprehensive income (loss):   
Net income (loss) attributable to Diamondback Energy, Inc.$ 3,143$ 4,386$ 2,182
Other comprehensive income (loss), net of tax:   
Pension and postretirement benefit plans(1)(7)0
Comprehensive income (loss) attributable to Diamondback Energy, Inc3,1424,3792,182
Oil sales   
Revenues:   
Revenues7,2797,6605,396
Natural gas sales   
Revenues:   
Revenues262858569
Natural gas liquid sales   
Revenues:   
Revenues6871,048782
Sales of purchased oil   
Revenues:   
Revenues11100
Costs and expenses:   
Cost of goods and services sold11100
Gathering, processing and transportation   
Costs and expenses:   
Cost of goods and services sold$ 287$ 258$ 212

FANG Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 582$ 157
Restricted cash37
Accounts receivable:  
Joint interest and other, net192104
Oil and natural gas sales, net654618
Income tax receivable1284
Inventories6367
Derivative instruments17132
Prepaid expenses and other current assets10923
Total current assets1,6211,392
Property and equipment:  
Oil and natural gas properties, full cost method of accounting ($8,659 million and $8,355 million excluded from amortization at December 31, 2023 and December 31, 2022, respectively)42,43037,122
Other property, equipment and land6731,481
Accumulated depletion, depreciation, amortization and impairment(16,429)(14,844)
Property and equipment, net26,67423,759
Funds held in escrow0119
Equity method investments529566
Assets held for sale0158
Derivative instruments123
Deferred income taxes, net4564
Investment in real estate, net8486
Other assets4742
Total assets29,00126,209
Current liabilities:  
Accounts payable - trade261127
Accrued capital expenditures493480
Current maturities of long-term debt010
Other accrued liabilities475399
Revenues and royalties payable764619
Derivative instruments8647
Income taxes payable2934
Total current liabilities2,1081,716
Long-term debt6,6416,238
Derivative instruments122148
Asset retirement obligations239336
Deferred income taxes2,4492,069
Other long-term liabilities1212
Total liabilities11,57110,519
Commitments and contingencies (Note 15)
Stockholders’ equity:  
Common stock, $0.01 par value; 400,000,000 shares authorized; 178,723,871 and 179,840,797 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively22
Additional paid-in capital14,14214,213
Retained earnings (accumulated deficit)2,489801
Accumulated other comprehensive income (loss)(8)(7)
Total Diamondback Energy, Inc. stockholders’ equity16,62515,009
Non-controlling interest805681
Total equity17,43015,690
Total liabilities and stockholders' equity$ 29,001$ 26,209
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 Tue Apr 23 2024, market cap of Diamondback Energy Inc is 36.47 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 Tue Apr 23 2024, FANG's PE ratio (Price to Earnings) is 11.49 and Price to Sales (PS) ratio is 4.34. 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 0.126 (multiply by 100 for percentage) rate of return.