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NASDAQ: FANG
Diamondback Energy Inc Stock

$195.02-2.74 (-1.39%)
Updated May 29, 2024
FANG Price
$195.02
Fair Value Price
$64.29
Market Cap
$34.78B
52 Week Low
$123.41
52 Week High
$211.96
P/E
11x
P/B
2.05x
P/S
4.06x
PEG
0.49x
Dividend Yield
4.75%
Revenue
$8.71B
Earnings
$3.20B
Gross Margin
77.6%
Operating Margin
49.37%
Profit Margin
36.7%
Debt to Equity
0.69
Operating Cash Flow
$6B
Beta
1.24
Next Earnings
Jun 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

FANG Overview

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. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 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.

Zen Score

Industry Average (31)
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Due Diligence Checks

FANG ($195.02) is overvalued by 203.33% relative to our estimate of its Fair Value price of $64.29 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
FANG ($195.02) is not significantly undervalued (203.33%) relative to our estimate of its Fair Value price of $64.29 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
FANG ($195.02) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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FANG News

Valuation

FANG fair value

Fair Value of FANG stock based on Discounted Cash Flow (DCF)
Price
$195.02
Fair Value
$64.29
Overvalued by
203.33%
FANG ($195.02) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FANG ($195.02) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FANG ($195.02) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

FANG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
11x
Industry
13.63x
Market
31x
FANG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FANG is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

FANG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.05x
Industry
1.98x
FANG is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FANG price to earnings growth (PEG)

For valuing profitable companies with growth potential
FANG is good value based... subscribe to Premium to read more.
PEG Value Valuation

FANG's financial health

Profit margin

Revenue
$2.2B
Net Income
$768.0M
Profit Margin
34.5%
FANG's Earnings (EBIT) of $4.30B... subscribe to Premium to read more.
Interest Coverage Financials
FANG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$29.7B
Liabilities
$11.7B
Debt to equity
0.69
FANG's short-term liabilities ($2.12B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FANG's long-term liabilities ($9.55B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FANG's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FANG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$1.3B
Investing
-$751.0M
Financing
-$269.0M
FANG's operating cash flow ($5.83B)... subscribe to Premium to read more.
Debt Coverage Financials

FANG vs Oil and Gas Stocks

TickerMarket Cap1d %P/EP/B
FANG$34.78B-1.39%11.00x2.05x
WDS$34.27B-2.11%20.63x1.00x
DVN$29.82B-3.52%8.95x2.45x
HES$45.87B-2.08%22.70x4.65x
CTRA$20.43B-0.40%15.87x1.56x

Diamondback Energy Stock FAQ

What is Diamondback Energy's quote symbol?

(NASDAQ: FANG) Diamondback Energy trades on the NASDAQ under the ticker symbol FANG. Diamondback Energy stock quotes can also be displayed as NASDAQ: FANG.

If you're new to stock investing, here's how to buy Diamondback Energy stock.

What is the 52 week high and low for Diamondback Energy (NASDAQ: FANG)?

(NASDAQ: FANG) Diamondback Energy's 52-week high was $211.96, and its 52-week low was $123.41. It is currently -7.99% from its 52-week high and 58.03% from its 52-week low.

How much is Diamondback Energy stock worth today?

(NASDAQ: FANG) Diamondback Energy currently has 178,343,733 outstanding shares. With Diamondback Energy stock trading at $195.02 per share, the total value of Diamondback Energy stock (market capitalization) is $34.78B.

Diamondback Energy stock was originally listed at a price of $17.50 in Oct 12, 2012. If you had invested in Diamondback Energy stock at $17.50, your return over the last 11 years would have been 1,014.4%, for an annualized return of 24.5% (not including any dividends or dividend reinvestments).

How much is Diamondback Energy's stock price per share?

(NASDAQ: FANG) Diamondback Energy stock price per share is $195.02 today (as of May 29, 2024).

What is Diamondback Energy's Market Cap?

(NASDAQ: FANG) Diamondback Energy's market cap is $34.78B, as of May 30, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Diamondback Energy's market cap is calculated by multiplying FANG's current stock price of $195.02 by FANG's total outstanding shares of 178,343,733.
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