Diamondback Energy Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $154.23
- Today's High:
- $157.26
- Open Price:
- $154.5
- 52W Low:
- $97.3128
- 52W High:
- $162.2456
- Prev. Close:
- $152.56
- Volume:
- 2596076
Company Statistics
- Market Cap.:
- $23.60 billion
- Book Value:
- 85.152
- Revenue TTM:
- $8.62 billion
- Operating Margin TTM:
- 67.37%
- Gross Profit TTM:
- $8.17 billion
- Profit Margin:
- 50.08%
- Return on Assets TTM:
- 14.26%
- Return on Equity TTM:
- 30.06%
Company Profile
Diamondback Energy Inc had its IPO on 2012-10-12 under the ticker symbol FANG.
The company operates in the Energy sector and Oil & Gas E&P industry. Diamondback Energy Inc has a staff strength of 972 employees.
Stock update
Shares of Diamondback Energy Inc opened at $154.5 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $154.23 - $157.26, and closed at $156.31.
This is a +2.46% increase from the previous day's closing price.
A total volume of 2,596,076 shares were traded at the close of the day’s session.
In the last one week, shares of Diamondback Energy Inc have increased by +1.07%.
Diamondback Energy Inc's Key Ratios
Diamondback Energy Inc has a market cap of $23.60 billion, indicating a price to book ratio of 1.7983 and a price to sales ratio of 2.7386.
In the last 12-months Diamondback Energy Inc’s revenue was $8.62 billion with a gross profit of $8.17 billion and an EBITDA of $7.24 billion. The EBITDA ratio measures Diamondback Energy Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Diamondback Energy Inc’s operating margin was 67.37% while its return on assets stood at 14.26% with a return of equity of 30.06%.
In Q1, Diamondback Energy Inc’s quarterly earnings growth was a negative -10.8% while revenue growth was a negative 20.2%.
Diamondback Energy Inc’s PE and PEG Ratio
- Forward PE
- 5.3677
- Trailing PE
- 5.2655
- PEG
- 1.201
Its diluted EPS in the last 12-months stands at $24.75 per share while it has a forward price to earnings multiple of 5.3677 and a PEG multiple of 1.201. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Diamondback Energy Inc’s profitability.
Diamondback Energy Inc stock is trading at a EV to sales ratio of 3.1369 and a EV to EBITDA ratio of 4.1896. Its price to sales ratio in the trailing 12-months stood at 2.7386.
Diamondback Energy Inc stock pays annual dividends of $9.09 per share, indicating a yield of 7.1% and a payout ratio of 39.62%.
Balance sheet and cash flow metrics
- Total Assets
- $27.59 billion
- Total Liabilities
- $1.89 billion
- Operating Cash Flow
- $-1279000000.00
- Capital Expenditure
- $1.54 billion
- Dividend Payout Ratio
- 39.62%
Diamondback Energy Inc ended 2024 with $27.59 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $27.59 billion while shareholder equity stood at $15.46 billion.
Diamondback Energy Inc ended 2024 with $2.31 billion in deferred long-term liabilities, $1.89 billion in other current liabilities, 2000000.00 in common stock, $967.00 million in retained earnings and $0 in goodwill. Its cash balance stood at $46.00 million and cash and short-term investments were $46.00 million. The company’s total short-term debt was $10,000,000 while long-term debt stood at $6.95 billion.
Diamondback Energy Inc’s total current assets stands at $1.16 billion while long-term investments were $573.00 million and short-term investments were $0. Its net receivables were $942.00 million compared to accounts payable of $241.00 million and inventory worth $69.00 million.
In 2024, Diamondback Energy Inc's operating cash flow was $-1279000000.00 while its capital expenditure stood at $1.54 billion.
Comparatively, Diamondback Energy Inc paid $0.40 in dividends in 2024.
Other key metrics
- Current Trading Price
- $156.31
- 52-Week High
- $162.2456
- 52-Week Low
- $97.3128
- Analyst Target Price
- $172.08
Diamondback Energy Inc stock is currently trading at $156.31 per share. It touched a 52-week high of $162.2456 and a 52-week low of $162.2456. Analysts tracking the stock have a 12-month average target price of $172.08.
Its 50-day moving average was $145.32 and 200-day moving average was $137.04 The short ratio stood at 2.54 indicating a short percent outstanding of 0%.
Around 47.1% of the company’s stock are held by insiders while 9484.3% are held by institutions.
Frequently Asked Questions About Diamondback Energy Inc
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About
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.