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FANG

Diamondback Energy, Inc.

$190.88

Earnings Summary

Revenue
$2227Mn
Net Profits
$768Mn
Net Profit Margins
34.49%
PE Ratio
10.85

Highlights

Revenue:

Diamondback Energy, Inc.’s revenue jumped 15.69% since last year same period to $2227Mn in the Q1 2024. On a quarterly growth basis, Diamondback Energy, Inc. has generated 0.45% jump in its revenue since last 3-months.

Net Profits:

Diamondback Energy, Inc.’s net profit jumped 7.87% since last year same period to $768Mn in the Q1 2024. On a quarterly growth basis, Diamondback Energy, Inc. has generated -20% fall in its net profits since last 3-months.

Net Profit Margins:

Diamondback Energy, Inc.’s net profit margin fell -6.76% since last year same period to 34.49% in the Q1 2024. On a quarterly growth basis, Diamondback Energy, Inc. has generated -20.36% fall in its net profit margins since last 3-months.

PE Ratio:

Diamondback Energy, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 10.85.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Diamondback Energy, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
4.76
EPS Estimate Current Year
4.76

Highlights

EPS Estimate Current Quarter:

Diamondback Energy, Inc.’s earning per share (EPS) estimates for the current quarter stand at 4.76 - a 7.69% jump from last quarter’s estimates.

EPS Estimate Current Year:

Diamondback Energy, Inc.’s earning per share (EPS) estimates for the current year stand at 4.76.

Key Ratios

Key ratios of the Diamondback Energy, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
4.5
Return on Assets (ROA)
0.1
Return on Equity (ROE)
0.2
Dividend Per Share (DPS)
5.26

Highlights

Earning Per Share (EPS):

Diamondback Energy, Inc.’s earning per share (EPS) jumped 9.76% since last year same period to 4.5 in the Q1 2024. This indicates that the Diamondback Energy, Inc. has generated 9.76% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Diamondback Energy, Inc.’s return on assets (ROA) stands at 0.1.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Diamondback Energy, Inc.’s return on equity (ROE) stands at 0.2.

Dividend Per Share (DPS):

Diamondback Energy, Inc. declared 5.26 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
4.42
4.5
1.81%