Diamondback Energy, Inc. (FANG)
| Market Cap | 45.24B |
| Revenue (ttm) | 9.16B |
| Net Income (ttm) | 3.20B |
| Shares Out | 291.99M |
| EPS (ttm) | 17.29 |
| PE Ratio | 8.96 |
| Forward PE | 10.68 |
| Dividend | $8.29 (5.35%) |
| Ex-Dividend Date | Nov 14, 2024 |
| Volume | 7,828,516 |
| Open | 152.16 |
| Previous Close | 153.06 |
| Day's Range | 152.00 - 156.20 |
| 52-Week Range | 147.93 - 214.50 |
| Beta | 1.85 |
| Analysts | Buy |
| Price Target | 214.75 (+38.6%) |
| Earnings Date | Nov 4, 2024 |
About FANG
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 Basi... [Read more]
Financial Performance
In 2023, Diamondback Energy's revenue was $7.96 billion, a decrease of -12.37% compared to the previous year's $9.08 billion. Earnings were $3.12 billion, a decrease of -28.15%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for FANG stock is "Buy." The 12-month stock price forecast is $214.75, which is an increase of 38.60% from the latest price.
News
Verde Clean Fuels, Inc. Announces $50 Million Equity Investment by Cottonmouth Ventures, LLC, a Wholly-Owned Subsidiary of Diamondback Energy, Inc.
HOUSTON--(BUSINESS WIRE)--Verde Clean Fuels, Inc. (“Verde” or, the “Company”) (NASDAQ: VGAS) announced today the entry into a stock purchase agreement with Cottonmouth Ventures, LLC ("Cottonmouth" and...
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Diamondback Energy, Halliburton, and VoltaGrid Sign Agreement for Four Electric Simul-Frac Fleets in the Permian Basin
HOUSTON, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy (NYSE: FANG), Halliburton Energy Services (NYSE: HAL), and VoltaGrid LLC have entered into a landmark agreement to deploy four advanced el...
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Diamondback Energy, Inc. (FANG) Q3 2024 Earnings Call Transcript
Diamondback Energy, Inc. (NASDAQ:FANG) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Adam Lawlis - VP, IR Travis Stice - Chairman and CEO Kaes Van't Hof - Presiden...
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Letter to Stockholders Issued By Diamondback Energy, Inc.
MIDLAND, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commis...
Diamondback Energy, Inc. Announces Third Quarter 2024 Financial and Operating Results
MIDLAND, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the third quarter ended S...
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