Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
175.81
-0.96 (-0.54%)
At close: Nov 1, 2024, 4:00 PM
175.60
-0.21 (-0.12%)
After-hours: Nov 1, 2024, 7:25 PM EDT

Diamondback Energy Statistics

Total Valuation

FANG has a market cap or net worth of $51.82 billion. The enterprise value is $58.15 billion.

Market Cap 51.82B
Enterprise Value 58.15B

Important Dates

The next confirmed earnings date is Monday, November 4, 2024, after market close.

Earnings Date Nov 4, 2024
Ex-Dividend Date Aug 15, 2024

Share Statistics

FANG has 294.74 million shares outstanding. The number of shares has increased by 0.01% in one year.

Shares Outstanding 294.74M
Shares Change (YoY) +0.01%
Shares Change (QoQ) -0.06%
Owned by Insiders (%) 35.17%
Owned by Institutions (%) 55.75%
Float 190.87M

Valuation Ratios

The trailing PE ratio is 9.09 and the forward PE ratio is 10.77. FANG's PEG ratio is 2.69.

PE Ratio 9.09
Forward PE 10.77
PS Ratio 3.55
Forward PS 4.00
PB Ratio 1.80
P/FCF Ratio 24.97
PEG Ratio 2.69
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.64, with an EV/FCF ratio of 28.02.

EV / Earnings 16.83
EV / Sales 6.57
EV / EBITDA 8.64
EV / EBIT 11.94
EV / FCF 28.02

Financial Position

The company has a current ratio of 3.66, with a Debt / Equity ratio of 0.66.

Current Ratio 3.66
Quick Ratio 3.62
Debt / Equity 0.66
Debt / EBITDA 1.81
Debt / FCF 5.86
Interest Coverage 23.30

Financial Efficiency

Return on equity (ROE) is 21.34% and return on invested capital (ROIC) is 11.35%.

Return on Equity (ROE) 21.34%
Return on Assets (ROA) 9.63%
Return on Capital (ROIC) 11.35%
Revenue Per Employee $8.57M
Profits Per Employee $3.35M
Employee Count 1,032
Asset Turnover 0.28
Inventory Turnover 30.18

Taxes

In the past 12 months, FANG has paid $1.02 billion in taxes.

Income Tax 1.02B
Effective Tax Rate 21.50%

Stock Price Statistics

The stock price has increased by +9.66% in the last 52 weeks. The beta is 1.87, so FANG's price volatility has been higher than the market average.

Beta (5Y) 1.87
52-Week Price Change +9.66%
50-Day Moving Average 183.29
200-Day Moving Average 188.88
Relative Strength Index (RSI) 40.75
Average Volume (20 Days) 2,256,227

Short Selling Information

The latest short interest is 6.07 million, so 2.06% of the outstanding shares have been sold short.

Short Interest 6.07M
Short Previous Month 5.59M
Short % of Shares Out 2.06%
Short % of Float 3.18%
Short Ratio (days to cover) 1.87

Income Statement

In the last 12 months, FANG had revenue of $8.85 billion and earned $3.46 billion in profits. Earnings per share was $19.34.

Revenue 8.85B
Gross Profit 7.02B
Operating Income 4.87B
Pretax Income 4.50B
Net Income 3.46B
EBITDA 6.73B
EBIT 4.87B
Earnings Per Share (EPS) $19.34
Full Income Statement

Balance Sheet

The company has $6.91 billion in cash and $12.16 billion in debt, giving a net cash position of -$5.25 billion or -$17.82 per share.

Cash & Cash Equivalents 6.91B
Total Debt 12.16B
Net Cash -5.25B
Net Cash Per Share -$17.82
Equity (Book Value) 18.53B
Book Value Per Share 97.81
Working Capital 5.69B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.85 billion and capital expenditures -$3.77 billion, giving a free cash flow of $2.08 billion.

Operating Cash Flow 5.85B
Capital Expenditures -3.77B
Free Cash Flow 2.08B
FCF Per Share $7.04
Full Cash Flow Statement

Margins

Gross margin is 79.36%, with operating and profit margins of 55.05% and 39.34%.

Gross Margin 79.36%
Operating Margin 55.05%
Pretax Margin 53.38%
Profit Margin 39.34%
EBITDA Margin 76.11%
EBIT Margin 55.05%
FCF Margin 22.36%

Dividends & Yields

This stock pays an annual dividend of $9.36, which amounts to a dividend yield of 5.32%.

Dividend Per Share $9.36
Dividend Yield 5.32%
Dividend Growth (YoY) 56.40%
Years of Dividend Growth 1
Payout Ratio 48.39%
Buyback Yield -0.01%
Shareholder Yield 5.31%
Earnings Yield 6.67%
FCF Yield 4.00%
Dividend Details

Analyst Forecast

The average price target for FANG is $214.90, which is 22.23% higher than the current price. The consensus rating is "Buy".

Price Target $214.90
Price Target Difference 22.23%
Analyst Consensus Buy
Analyst Count 21
Revenue Growth Forecast (5Y) 13.18%
EPS Growth Forecast (5Y) 0.72%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

FANG has an Altman Z-Score of 2.07 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.07
Piotroski F-Score 5