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. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
| Revenue | $11,023,000,000 |
| Net Income | $3,338,000,000 |
| Free Cash Flow | $-5,374,000,000 |
| Book Value / Share | $186.67 |
| Total Liabilities | $27,430,000,000 |
| Total Equity | $37,736,000,000 |
| Debt / Equity | 0.33 |
| Current Ratio | 0.44 |
| Interest Coverage | 15.11 |
| Working Capital | $-2,701,000,000 |
Core multiples and valuation signals — useful to compare vs peers.
| P/E (TTM) | 10.48 |
| Industry P/E | N/A |
| Forward P/E | 9.70 |
| P/B | 0.93 |
| Price / Sales | 3.17 |
| P / FCF | -6.51 |
| EV / EBITDA | 6.19 |
| Graham Number | $249.30 |
| DCF (placeholder) | — |
| Gross Margin | 45.11% |
| Operating Margin | 39.88% |
| Net Margin | 30.28% |
| ROIC | 5.75% |
| Asset Turnover | 0.16 |
| RSI (14) | 47.25 |
| SMA 50 | 142.18 |
| SMA 200 | 147.24 |
| MACD | 0.26 |
| Signal | NEUTRAL |
| Name | Title |
|---|---|
| Mr. Travis D. Stice | Executive Chairman of the Board (1962) |
| Mr. Matthew Kaes Van't Hof | CEO & Director (1987) |
| Mr. Daniel N. Wesson | Executive VP & COO (1984) |
| Ms. Teresa L. Dick CPA | Chief Accounting Officer, Executive VP & Assistant Secretary (1970) |
| Mr. P. Matt Zmigrosky | Executive VP, Chief Legal & Administrative Officer and Secretary (1979) |
| Mr. Jere W. Thompson III | Executive VP & CFO (1988) |
| Mr. David L. Cannon | Senior Vice President of Geoscience & Technology (—) |
| Mr. Greg Dolezal | Senior VP & Chief Information Officer (—) |
The latest trading day saw Diamondback Energy (FANG) settling at $142.11, representing a +1.64% change from its previous close.
Diamondback Energy's smart acquisitions offer downside protection and big upside as commodity prices recover. See more on FANG stock here.
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