Diamondback Energy Inc

FANG · NASDAQ · Energy / Oil & Gas E&P

184.93USD+2.73 (+1.50%)

Price History

Full chart

Market Stats

Previous Close182.20

Open184.02

Day Range183.14 – 186.08

52-Week Range133.81 – 216.90

Volume1.67M

Market Cap57.88B

P/E (TTM)39.19

Forward P/E11.74

EPS5.25

Dividend Yield2.14%

Beta0.54

50-Day Avg197.42

200-Day Avg188.20

About

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, the United States. The company primarily 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, both of 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.

Company Details

SectorEnergy
IndustryOil & Gas E&P
CEOMr. Matthew Kaes Van't Hof
Employees1.76K
HeadquartersFasken Center, Midland, TX, United States, 79701, USA
Websitehttps://www.diamondbackenergy.com

Leadership

Mr. Matthew Kaes Van't HofCEO & Director · b. 1987
Mr. Jere W. Thompson IIIExecutive VP & CFO · b. 1989
Mr. Daniel N. WessonExecutive VP & COO · b. 1984
Mr. P. Matt ZmigroskyExecutive VP, Chief Legal & Administrative Officer and Secretary · b. 1979
Ms. Teresa L. Dick CPAExecutive VP of Accounting & Assistant Secretary · b. 1970
Mr. Gregory M. LarsonSenior VP & Chief Accounting Officer
Mr. David L. CannonSenior Vice President of Geoscience & Technology
Mr. Greg DolezalSenior VP & Chief Information Officer
Mr. Adam T. LawlisVice President of Investor Relations
Mr. Johnny D. DosseyVice President of Marketing · b. 1966

Financials

Income Statement

Currency: USD	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	12.72M	27.25M	49.37M	74.96M	208.00M	495.72M	446.73M	527.11M	1.21B	2.18B	3.96B	2.81B	6.75B	9.57B	8.34B	11.02B	15.03B
Growth (%)	-	+114.32%	+81.14%	+51.85%	+177.48%	+138.32%	-9.88%	+17.99%	+128.61%	+80.58%	+82.17%	-29.04%	+139.85%	+41.78%	-12.83%	+32.19%	+36.31%
Cost of Revenue	705.16K	15.00M	30.50M	47.18M	101.57M	261.31M	339.40M	306.50M	551.00M	1.06B	2.37B	2.18B	2.48B	2.87B	3.54B	6.05B	9.74B
Gross Profit	12.01M	12.26M	18.87M	27.78M	106.43M	234.40M	107.33M	220.60M	654.00M	1.12B	1.59B	637.00M	4.27B	6.70B	4.80B	4.97B	5.28B
Gross Margin	94.45%	44.97%	38.22%	37.06%	51.17%	47.29%	24.03%	41.85%	54.27%	51.33%	40.19%	22.64%	63.29%	70.05%	57.54%	45.11%	35.16%
Operating Expense	10.67M	3.07M	3.72M	10.47M	11.24M	21.73M	847.60M	289.22M	49.00M	106.00M	898.00M	6.11B	269.00M	193.00M	228.00M	576.00M	365.00M
Operating Income	1.34M	9.18M	15.15M	17.31M	95.19M	212.67M	-740.27M	-68.62M	605.00M	1.01B	695.00M	-5.48B	4.00B	6.51B	4.57B	4.40B	4.92B
Operating Margin	10.52%	33.69%	30.68%	23.09%	45.77%	42.90%	-165.71%	-13.02%	50.21%	46.46%	17.53%	-194.67%	59.30%	68.03%	54.80%	39.88%	32.73%
EBITDA	4.55M	17.21M	18.00M	47.66M	159.31M	509.48M	-489.89M	53.98M	865.00M	1.81B	1.99B	-4.27B	4.37B	7.23B	6.17B	7.64B	7.16B
EBITDA Margin	35.81%	63.16%	36.45%	63.58%	76.59%	102.78%	-109.66%	10.24%	71.78%	83.36%	50.08%	-151.80%	64.78%	75.56%	73.98%	69.30%	47.62%
Net Income	-2.71M	8.23M	-386.00K	-36.52M	54.59M	193.75M	-550.63M	-165.03M	482.00M	846.00M	240.00M	-4.52B	2.18B	4.39B	3.14B	3.34B	1.66B
Net Income Margin	-21.28%	30.20%	-0.78%	-48.72%	26.24%	39.09%	-123.26%	-31.31%	40.00%	38.88%	6.05%	-160.58%	32.34%	45.85%	37.69%	30.28%	11.07%
R&D	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-
R&D as % of Total Revenue	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-	-	-	-	-	-
Interest Expense	10.94K	836.00K	2.53M	3.61M	8.06M	34.51M	41.51M	40.68M	41.00M	87.84M	173.00M	201.00M	200.00M	160.00M	175.00M	291.00M	244.00M
Interest Expense % of Total Revenue	0.09%	3.07%	5.12%	4.82%	3.87%	6.96%	9.29%	7.72%	3.40%	4.04%	4.36%	7.15%	2.96%	1.67%	2.10%	2.64%	1.62%

Balance Sheet

Currency: USD	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	100.07M	172.52M	249.48M	606.70M	1.52B	3.10B	2.76B	5.35B	7.77B	21.60B	23.53B	17.62B	22.90B	26.21B	29.00B	67.29B	71.06B
Total Liabilities	15.87M	66.88M	134.54M	144.63M	676.07M	1.11B	641.75M	1.33B	2.19B	7.43B	8.63B	7.82B	9.65B	10.52B	11.57B	27.43B	28.09B
Total Equity	84.20M	105.64M	129.04M	462.07M	845.54M	1.75B	1.88B	3.70B	5.25B	13.70B	14.91B	8.79B	12.09B	15.01B	16.63B	37.74B	36.97B
Cash	2.43M	4.09M	6.80M	26.36M	15.55M	30.18M	20.11M	1.67B	112.45M	214.52M	123.00M	104.00M	654.00M	157.00M	582.00M	161.00M	106.00M
Total Debt	7.65M	44.77M	85.00M	5.08M	464.54M	685.35M	501.91M	1.12B	1.51B	4.52B	5.49B	5.93B	6.77B	6.38B	6.80B	12.43B	14.88B
Net Debt	5.22M	40.68M	78.04M	-21.28M	448.98M	655.17M	481.79M	-546.80M	1.39B	4.31B	5.25B	5.83B	6.12B	6.22B	6.22B	12.27B	14.77B

Cash Flow

Currency: USD	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	2.70M	5.19M	31.00M	49.69M	155.78M	356.39M	416.50M	332.08M	889.00M	1.56B	2.73B	2.12B	3.94B	6.33B	5.92B	6.41B	8.76B
Investing Cash Flow	-32.15M	-55.24M	-81.11M	-183.08M	-940.14M	-1.48B	-895.05M	-1.31B	-3.13B	-3.50B	-3.89B	-2.10B	-1.54B	-3.33B	-3.32B	-11.22B	-7.81B
Financing Cash Flow	23.85M	51.73M	52.95M	152.78M	773.56M	1.14B	468.48M	2.62B	689.00M	2.04B	2.10B	-37.00M	-1.84B	-3.50B	-2.18B	4.39B	-1.01B
Capital Expenditure	26.63M	56.31M	87.24M	176.49M	939.92M	1.45B	902.09M	1.19B	3.30B	3.48B	3.70B	2.04B	2.30B	3.50B	4.71B	11.79B	3.52B
Free Cash Flow	-23.93M	-51.12M	-56.24M	-126.80M	-784.15M	-1.09B	-485.59M	-859.09M	-2.41B	-1.91B	-968.00M	74.00M	1.65B	2.82B	1.21B	-5.37B	5.24B
Dividends Paid	-	5.58M	-	0	0	2.31M	37.31M	37.00M	37.00M	37.00M	112.00M	236.00M	312.00M	1.57B	1.44B	1.58B	1.16B
FCF to OCF	-885.78%	-984.65%	-181.43%	-255.17%	-503.38%	-306.18%	-116.59%	-258.70%	-271.43%	-122.11%	-35.41%	3.49%	41.71%	44.58%	20.37%	-83.80%	59.77%
Dividend Paid to FCF	-	-10.91%	-	0.00%	0.00%	-0.21%	-7.68%	-4.31%	-1.53%	-1.94%	-11.57%	318.92%	18.97%	55.74%	119.73%	-29.36%	22.08%

Earnings

Report Date	Nov 16, 2012	Feb 25, 2013	May 7, 2013	Aug 6, 2013	Nov 4, 2013	Feb 19, 2014	May 7, 2014	Aug 5, 2014	Nov 4, 2014	Feb 17, 2015	May 6, 2015	Aug 5, 2015	Nov 3, 2015	Feb 16, 2016	May 3, 2016	Aug 2, 2016	Nov 7, 2016	Feb 14, 2017	May 2, 2017	Aug 1, 2017	Nov 6, 2017	Feb 13, 2018	May 8, 2018	Aug 8, 2018	Nov 6, 2018	Feb 19, 2019	May 7, 2019	Aug 6, 2019	Nov 5, 2019	Feb 18, 2020	May 4, 2020	Aug 3, 2020	Nov 2, 2020	Feb 22, 2021	May 3, 2021	Aug 2, 2021	Nov 1, 2021	Feb 22, 2022	May 2, 2022	Aug 1, 2022	Nov 7, 2022	Feb 21, 2023	May 1, 2023	Jul 31, 2023	Nov 6, 2023	Feb 20, 2024	Apr 30, 2024	Aug 5, 2024	Nov 4, 2024	Feb 18, 2025	May 5, 2025	Aug 4, 2025	Nov 3, 2025	Feb 23, 2026	May 4, 2026	Aug 3, 2026	Nov 2, 2026
EPS Estimate	0.29	0.13	0.17	0.25	0.35	0.41	0.56	0.70	0.60	0.56	0.38	0.37	0.32	0.44	-0.06	0.17	0.34	0.53	0.60	0.92	1.23	1.52	1.59	1.64	1.72	1.61	1.35	1.75	1.71	1.82	1.30	0.03	0.36	0.84	1.80	2.20	2.79	3.38	4.67	6.67	6.36	5.22	4.30	3.89	4.99	4.66	4.41	4.50	3.92	3.38	4.20	2.72	2.94	2.41	3.75	5.96	4.92
EPS Actual	0.26	0.18	0.12	0.30	0.35	0.40	0.53	0.70	0.61	0.48	0.38	0.41	0.40	0.58	0.02	0.26	0.54	0.90	1.04	1.25	1.33	1.56	1.64	1.59	1.67	1.21	1.39	1.70	1.47	1.93	1.45	0.15	0.62	0.82	2.30	2.40	2.94	3.63	5.20	7.07	6.48	5.29	4.10	3.68	5.49	4.74	4.50	4.52	3.38	3.64	4.54	2.67	3.08	1.74	4.23	6.48	-
Surprise	-10.34%	38.46%	-29.41%	20.00%	0.00%	-2.44%	-5.36%	0.00%	1.67%	-14.29%	0.00%	10.81%	25.00%	31.82%	133.33%	52.94%	58.82%	69.81%	73.33%	35.87%	8.13%	2.63%	3.14%	-3.05%	-2.91%	-24.84%	2.96%	-2.86%	-14.04%	6.04%	11.54%	400.00%	72.22%	-2.38%	27.78%	9.09%	5.38%	7.40%	11.35%	6.00%	1.89%	1.34%	-4.65%	-5.40%	10.02%	1.72%	2.04%	0.44%	-13.78%	7.55%	8.10%	-1.84%	4.76%	-27.80%	12.80%	8.72%	-
Timing	Pre-market	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap57.88B

Enterprise Value56.37B

Trailing P/E39.19

Forward P/E11.74

PEG Ratio22.29

Price / Sales3.55

Price / Book1.07

EPS5.25

Book Value135.08

Revenue (TTM)16.25B

Gross Profit (TTM)11.76B

EBITDA11.78B

Profit Margin9.03%

Operating Margin48.47%

Return on Equity3.49%

Return on Assets1.31%

Shares Outstanding281.31M

Shares Float213.36M

Beta0.54

Dividend Yield2.14%

Dividend Rate4.40

Payout Ratio27.37%

Analyst Ratings

Strong Buy

Based on 32 analystsTarget 238.24

Strong Buy
21
Buy
6
Hold
5

Ownership Breakdown

Institutions: 73.51%
Insiders: 23.88%
Retail / Other: 2.61%

Top Institutional Holders

BlackRock Inc
18.79M6.71%
Wellington Management Company LLP
16.42M5.86%
Vanguard Capital Management, LLC
12.78M4.56%
State Street Corp
12.56M4.49%
Amvescap Plc.
11.18M3.99%
Vanguard Portfolio Management, LLC
9.71M3.47%
Capital World Investors
8.94M3.19%
Boston Partners Global Investors, Inc
5.85M2.09%
Geode Capital Management, LLC
5.39M1.92%
Bank of New York Mellon Corp
4.85M1.73%
FMR Inc
4.59M1.64%
Morgan Stanley - Brokerage Accounts
3.90M1.39%
JPMorgan Chase & Co
3.79M1.35%

Top Fund Holders

Vanguard Equity-Income Inv
6.91M2.47%
Vanguard MStar Total Stk Mkt Idx Invest
6.67M2.38%
Invesco QQQ Trust
5.85M2.09%
Vanguard 500 Index Investor
5.37M1.92%
American Funds American Balanced A
5.12M1.83%
Vanguard MStar Mid Cap Index Instl
4.50M1.61%
State Street®EngySelSectSPDR®ETF
4.27M1.53%

Dividends

20264×

1.18Nov 12, 20261.10Aug 13, 20261.10May 14, 20261.05Mar 5, 2026

20254×

1.00Nov 13, 20251.00Aug 14, 20251.00May 15, 20251.00Mar 6, 2025

20244×

0.90Nov 14, 20242.34Aug 15, 20241.97May 14, 20243.08Mar 4, 2024

20234×

3.37Nov 15, 20230.84Aug 9, 20230.83May 10, 20232.95Mar 2, 2023

20224×

2.26Nov 16, 20223.05Aug 15, 20223.05May 11, 20220.60Mar 3, 2022

20214×

0.50Nov 9, 20210.45Aug 11, 20210.40May 12, 20210.40Mar 3, 2021