Diamondback Energy, Inc. (FANG)
- Previous Close
199.60 - Open
201.23 - Bid 200.98 x 100
- Ask 212.36 x 100
- Day's Range
200.10 - 203.85 - 52 Week Range
123.41 - 211.96 - Volume
794,070 - Avg. Volume
1,812,595 - Market Cap (intraday)
35.901B - Beta (5Y Monthly) 1.92
- PE Ratio (TTM)
11.61 - EPS (TTM)
17.34 - Earnings Date Apr 30, 2024
- Forward Dividend & Yield 8.12 (4.07%)
- Ex-Dividend Date Mar 4, 2024
- 1y Target Est
208.12
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. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
www.diamondbackenergy.comRecent News: FANG
Performance Overview: FANG
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: FANG
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Statistics: FANG
Valuation Measures
Market Cap
35.59B
Enterprise Value
41.81B
Trailing P/E
11.51
Forward P/E
10.45
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
4.31
Price/Book (mrq)
2.14
Enterprise Value/Revenue
5.01
Enterprise Value/EBITDA
6.78
Financial Highlights
Profitability and Income Statement
Profit Margin
39.49%
Return on Assets (ttm)
9.83%
Return on Equity (ttm)
20.15%
Revenue (ttm)
7.96B
Net Income Avi to Common (ttm)
3.12B
Diluted EPS (ttm)
17.34
Balance Sheet and Cash Flow
Total Cash (mrq)
582M
Total Debt/Equity (mrq)
39.04%
Levered Free Cash Flow (ttm)
273.62M
Research Analysis: FANG
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: FANG
FANG: Lowering target price to $214.00
DIAMONDBACK ENERGY INC has an Investment Rating of HOLD; a target price of $214.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingNeutralPrice TargetAnalyst Report: Diamondback Energy, Inc.
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.
RatingBearishPrice TargetFANG: Raising target price to $216.00
DIAMONDBACK ENERGY INC has an Investment Rating of HOLD; a target price of $216.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingNeutralPrice TargetAnalyst Report: Diamondback Energy, Inc.
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.
RatingBearishPrice Target