Diamondback Energy, Inc. (FANG)
| Market Cap | 43.47B |
| Revenue (ttm) | 10.56B |
| Net Income (ttm) | 3.32B |
| Shares Out | 289.44M |
| EPS (ttm) | 15.53 |
| PE Ratio | 9.67 |
| Forward PE | 9.86 |
| Dividend | $6.21 (4.13%) |
| Ex-Dividend Date | Mar 6, 2025 |
| Volume | 2,578,359 |
| Open | 146.52 |
| Previous Close | 145.80 |
| Day's Range | 145.22 - 151.02 |
| 52-Week Range | 137.09 - 214.50 |
| Beta | 1.83 |
| Analysts | Buy |
| Price Target | 213.38 (+42.06%) |
| Earnings Date | Apr 29, 2025 |
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. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas. [Read more]
Financial Performance
In 2024, Diamondback Energy's revenue was $10.56 billion, an increase of 32.69% compared to the previous year's $7.96 billion. Earnings were $3.32 billion, an increase of 6.28%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for FANG stock is "Buy." The 12-month stock price forecast is $213.38, which is an increase of 42.06% from the latest price.
News
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Diamondback Energy's strong FCF and commitment to returning at least 50% of quarterly FCF to shareholders ensure robust shareholder returns. Focused on the Permian Basin, Diamondback's strategic acqui...
Diamondback Energy Prices Offering of Senior Notes
MIDLAND, Texas, March 06, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) announced today that it has priced an offering (the “Notes Offering”) of $1,200,000,000 in ag...
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Diamondback Energy, Inc. (FANG) Q4 2024 Earnings Call Transcript
Diamondback Energy, Inc. (FANG) Q4 2024 Earnings Call Transcript
Cramer's Mad Dash: Diamondback Energy
Jim Cramer breaks down why he's keeping an eye on shares of Diamondback Energy.
Letter to Stockholders Issued by Diamondback Energy, Inc.
MIDLAND, Texas, Feb. 24, 2025 (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 Fourth Quarter and Full Year 2024 Financial and Operating Results; Increases Base Dividend
MIDLAND, Texas, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and fu...
Diamondback Energy Vs. Viper Energy: Which Stock Has The Edge Ahead Of Q4 Earnings?
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Diamondback Energy: CEO Steps Down And Another Acquisition
Diamondback Energy's CEO transition has Kaes Van't Hof replacing Travis Stice. The company announced a strategic Midland Basin acreage acquisition. Diamondback's future growth may require exploring ne...
Diamondback Energy, Inc. Announces Leadership Transition Plan and Additional Updates to Executive Team and Board of Directors
MIDLAND, Texas, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced its leadership transition plan, representing the culmination ...
The More It Drops, The More Buffett And I Buy
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Double Eagle IV Midco, LLC Enters Into Definitive Purchase Agreement With Diamondback Energy, Inc.
FORT WORTH, Texas--(BUSINESS WIRE)--DOUBLE EAGLE IV MIDCO, LLC ENTERS INTO DEFINITIVE PURCHASE AGREEMENT WITH DIAMONDBACK ENERGY, INC.
Diamondback Energy to expand in Permian with $4.08 billion deal
Oil and gas company Diamondback Energy said on Tuesday it would buy certain units of Texas-based energy producer Double Eagle in a cash-and-stock deal for about $4.08 billion.
Diamondback Energy, Inc. Announces Midland Basin Acquisition
MIDLAND, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to a...
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