Diamondback Energy, Inc. (FANG)

$185.97

-4.38

(-2.3%)

Market is closed - opens 7 PM, 17 Jun 2024

Insights on Diamondback Energy, Inc.

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 2.21B → 2.22B (in $), with an average increase of 0.5% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 960.0M → 768.0M (in $), with an average decrease of 20.0% per quarter

Performance

  • $185.77
    $190.00
    $185.97
    downward going graph

    0.11%

    Downside

    Day's Volatility :2.22%

    Upside

    2.12%

    downward going graph
  • $116.88
    $209.71
    $185.97
    downward going graph

    37.15%

    Downside

    52 Weeks Volatility :44.27%

    Upside

    11.32%

    downward going graph

Returns

PeriodDiamondback Energy, Inc.Sector (Energy)Index (NASDAQ Composite)
3 Months
-2.15%
-3.8%
10.7%
6 Months
19.49%
4.4%
19.4%
1 Year
44.45%
8.7%
28.3%
3 Years
105.79%
56.7%
25.7%

Highlights

Market Capitalization
33.9B
Book Value
$95.04
Dividend Share
9.26
Dividend Yield
4.87%
Earnings Per Share (EPS)
17.74
PE Ratio
10.73
PEG Ratio
1.2
Wall Street Target Price
224.8
Profit Margin
38.66%
Operating Margin TTM
52.42%
Return On Assets TTM
9.89%
Return On Equity TTM
19.91%
Revenue TTM
8.3B
Revenue Per Share TTM
46.19
Quarterly Revenue Growth YOY
17.4%
Gross Profit TTM
8.2B
EBITDA
6.3B
Diluted Eps TTM
17.74
Quarterly Earnings Growth YOY
0.1
EPS Estimate Current Year
19.09
EPS Estimate Next Year
20.63
EPS Estimate Current Quarter
4.42
EPS Estimate Next Quarter
4.85

Analyst Recommendation

Buy
    84%Buy
    15%Hold
    0
    0%Sell
Based on 32 Wall street analysts offering stock ratings for Diamondback Energy, Inc.(by analysts ranked 0 to 5 stars)
Based on 32 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
27
27
30
Hold
5
4
5
Sell
00
00
1

Analyst Forecast

What analysts predicted

Upside of 20.88%

Current $185.97
Target $224.80

Company Financials

FY18Y/Y Change
Revenue
2.2B
↑ 79.81%
Net Income
845.7M
↑ 75.36%
Net Profit Margin
39.03%
↓ 0.99%
FY19Y/Y Change
Revenue
4.0B
↑ 82.93%
Net Income
240.0M
↓ 71.62%
Net Profit Margin
6.05%
↓ 32.98%
FY20Y/Y Change
Revenue
2.8B
↓ 29.04%
Net Income
-4.7B
↓ 2046.67%
Net Profit Margin
-166.09%
↓ 172.14%
FY21Y/Y Change
Revenue
6.8B
↑ 141.63%
Net Income
2.2B
↓ 146.7%
Net Profit Margin
32.1%
↑ 198.19%
FY22Y/Y Change
Revenue
9.6B
↑ 41.87%
Net Income
4.4B
↑ 101.01%
Net Profit Margin
45.48%
↑ 13.38%
FY23Y/Y Change
Revenue
8.3B
↓ 13.52%
Net Income
3.1B
↓ 28.34%
Net Profit Margin
37.69%
↓ 7.79%
Q4 FY22Q/Q Change
Revenue
2.0B
↓ 16.7%
Net Income
1.0B
↓ 19.06%
Net Profit Margin
50.64%
↓ 1.47%
Q1 FY23Q/Q Change
Revenue
1.9B
↓ 5.17%
Net Income
712.0M
↓ 30.74%
Net Profit Margin
36.99%
↓ 13.65%
Q2 FY23Q/Q Change
Revenue
1.9B
↓ 1.51%
Net Income
556.0M
↓ 21.91%
Net Profit Margin
29.32%
↓ 7.67%
Q3 FY23Q/Q Change
Revenue
2.3B
↑ 23.42%
Net Income
915.0M
↑ 64.57%
Net Profit Margin
39.1%
↑ 9.78%
Q4 FY23Q/Q Change
Revenue
2.2B
↓ 5.26%
Net Income
960.0M
↑ 4.92%
Net Profit Margin
43.3%
↑ 4.2%
Q1 FY24Q/Q Change
Revenue
2.2B
↑ 0.45%
Net Income
768.0M
↓ 20.0%
Net Profit Margin
34.49%
↓ 8.81%
FY18Y/Y Change
Total Assets
21.6B
↑ 177.9%
Total Liabilities
7.4B
↑ 239.36%
FY19Y/Y Change
Total Assets
23.5B
↑ 8.96%
Total Liabilities
8.6B
↑ 16.09%
FY20Y/Y Change
Total Assets
17.6B
↓ 25.12%
Total Liabilities
7.8B
↓ 9.39%
FY21Y/Y Change
Total Assets
22.9B
↑ 29.96%
Total Liabilities
9.7B
↑ 23.52%
FY22Y/Y Change
Total Assets
26.2B
↑ 14.46%
Total Liabilities
10.5B
↑ 8.97%
FY23Y/Y Change
Total Assets
29.0B
↑ 10.65%
Total Liabilities
11.6B
↑ 10.0%
Q4 FY22Q/Q Change
Total Assets
26.2B
↑ 9.92%
Total Liabilities
10.5B
↑ 13.29%
Q1 FY23Q/Q Change
Total Assets
27.6B
↑ 5.27%
Total Liabilities
11.5B
↑ 9.0%
Q2 FY23Q/Q Change
Total Assets
27.6B
↓ 0.01%
Total Liabilities
11.4B
↓ 0.79%
Q3 FY23Q/Q Change
Total Assets
28.0B
↑ 1.67%
Total Liabilities
11.1B
↓ 2.73%
Q4 FY23Q/Q Change
Total Assets
29.0B
↑ 3.39%
Total Liabilities
11.6B
↑ 4.57%
Q1 FY24Q/Q Change
Total Assets
29.7B
↑ 2.38%
Total Liabilities
11.7B
↑ 0.86%
FY18Y/Y Change
Operating Cash Flow
1.6B
↑ 76.06%
Investing Cash Flow
-3.5B
↑ 11.84%
Financing Cash Flow
2.0B
↑ 195.94%
FY19Y/Y Change
Operating Cash Flow
2.7B
↑ 74.75%
Investing Cash Flow
-3.9B
↑ 10.99%
Financing Cash Flow
2.1B
↑ 2.96%
FY20Y/Y Change
Operating Cash Flow
2.1B
↓ 22.53%
Investing Cash Flow
-2.1B
↓ 45.96%
Financing Cash Flow
-37.0M
↓ 101.76%
FY21Y/Y Change
Operating Cash Flow
3.9B
↑ 86.21%
Investing Cash Flow
-1.5B
↓ 26.75%
Financing Cash Flow
-1.8B
↑ 4875.68%
FY22Y/Y Change
Operating Cash Flow
6.3B
↑ 60.37%
Investing Cash Flow
-3.3B
↑ 116.37%
Financing Cash Flow
-3.5B
↑ 90.28%
Q4 FY22Q/Q Change
Operating Cash Flow
1.4B
↓ 25.14%
Investing Cash Flow
-1.4B
↑ 91.39%
Financing Cash Flow
67.0M
↓ 105.45%
Q1 FY23Q/Q Change
Operating Cash Flow
1.4B
↓ 1.11%
Investing Cash Flow
-1.3B
↓ 7.18%
Financing Cash Flow
-257.0M
↓ 483.58%
Q2 FY23Q/Q Change
Operating Cash Flow
1.5B
↑ 6.18%
Investing Cash Flow
-595.0M
↓ 53.48%
Financing Cash Flow
-950.0M
↑ 269.65%

Technicals Summary

Sell

Neutral

Buy

Diamondback Energy, Inc. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Diamondback Energy, Inc.
Diamondback Energy, Inc.
-4.43%
19.49%
44.45%
105.79%
83.08%
Canadian Natural Resources Limited
Canadian Natural Resources Limited
-10.33%
7.3%
23.5%
83.67%
152.28%
Conocophillips
Conocophillips
-8.71%
-4.8%
4.26%
78.95%
85.38%
Eog Resources, Inc.
Eog Resources, Inc.
-7.57%
-2.78%
4.26%
39.58%
38.34%
Occidental Petroleum Corporation
Occidental Petroleum Corporation
-4.8%
1.48%
2.91%
95.94%
20.14%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Diamondback Energy, Inc.
Diamondback Energy, Inc.
10.73
10.73
1.2
19.09
0.2
0.1
0.05
95.04
Canadian Natural Resources Limited
Canadian Natural Resources Limited
13.81
13.81
12.75
2.66
0.19
0.08
0.05
18.46
Conocophillips
Conocophillips
12.56
12.56
0.72
8.83
0.22
0.11
0.03
42.18
Eog Resources, Inc.
Eog Resources, Inc.
9.41
9.41
2.61
12.0
0.27
0.14
0.03
49.83
Occidental Petroleum Corporation
Occidental Petroleum Corporation
17.28
17.28
2.63
3.79
0.14
0.04
0.01
25.4
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Diamondback Energy, Inc.
Diamondback Energy, Inc.
Buy
$33.9B
83.08%
10.73
38.66%
Canadian Natural Resources Limited
Canadian Natural Resources Limited
Buy
$73.0B
152.28%
13.81
20.86%
Conocophillips
Conocophillips
Buy
$129.1B
85.38%
12.56
18.63%
Eog Resources, Inc.
Eog Resources, Inc.
Buy
$68.4B
38.34%
9.41
31.27%
Occidental Petroleum Corporation
Occidental Petroleum Corporation
Hold
$53.0B
20.14%
17.28
16.0%

Institutional Holdings

  • Vanguard Group Inc

    12.23%
  • BlackRock Inc

    8.02%
  • State Street Corporation

    6.14%
  • Wellington Management Company LLP

    5.19%
  • T. Rowe Price Associates, Inc.

    4.83%
  • FMR Inc

    3.01%

Corporate Announcements

  • Diamondback Energy, Inc. Dividends March,2024

    In the quarter ending March,2024. Diamondback Energy, Inc. has declared dividend of $2.18

    Read More

Company Information

diamondback energy is an independent oil and natural gas company headquartered in midland, tx. diamondback’s growth strategy is focused on the acquisition, development, exploration and exploitation of unconventional, long-life, onshore oil and natural gas reserves in the major oil producing permian basin in west texas. the company’s operations are directed primarily at the large acreage areas of the clearfork, spraberry, wolfcamp, cline, strawn and atoka formations, collectively known as the wolfberry trend.

Organization
Diamondback Energy, Inc.
Employees
1023
CEO
Mr. Travis D. Stice
Industry
Energy Minerals

FAQs