Diamondback Energy Statistics
Total Valuation
FANG has a market cap or net worth of $52.98 billion. The enterprise value is $67.04 billion.
Important Dates
The last earnings date was Monday, November 4, 2024, after market close.
| Earnings Date | Nov 4, 2024 |
| Ex-Dividend Date | Nov 14, 2024 |
Share Statistics
FANG has 291.99 million shares outstanding. The number of shares has increased by 3.02% in one year.
| Current Share Class | 291.99M |
| Shares Outstanding | 291.99M |
| Shares Change (YoY) | +3.02% |
| Shares Change (QoQ) | +14.78% |
| Owned by Insiders (%) | 35.46% |
| Owned by Institutions (%) | 59.90% |
| Float | 188.20M |
Valuation Ratios
The trailing PE ratio is 10.49 and the forward PE ratio is 12.18. FANG's PEG ratio is 1.35.
| PE Ratio | 10.49 |
| Forward PE | 12.18 |
| PS Ratio | 3.67 |
| Forward PS | 3.44 |
| PB Ratio | 1.42 |
| P/TBV Ratio | 1.42 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 9.30 |
| PEG Ratio | 1.35 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 20.94 |
| EV / Sales | 7.32 |
| EV / EBITDA | 9.83 |
| EV / EBIT | 14.40 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.45, with a Debt / Equity ratio of 0.34.
| Current Ratio | 0.45 |
| Quick Ratio | 0.40 |
| Debt / Equity | 0.34 |
| Debt / EBITDA | 1.91 |
| Debt / FCF | n/a |
| Interest Coverage | 39.45 |
Financial Efficiency
Return on equity (ROE) is 12.26% and return on invested capital (ROIC) is 7.73%.
| Return on Equity (ROE) | 12.26% |
| Return on Assets (ROA) | 6.20% |
| Return on Capital (ROIC) | 7.73% |
| Revenue Per Employee | $8.87M |
| Profits Per Employee | $3.10M |
| Employee Count | 1,032 |
| Asset Turnover | 0.20 |
| Inventory Turnover | 22.10 |
Taxes
In the past 12 months, FANG has paid $949.00 million in taxes.
| Income Tax | 949.00M |
| Effective Tax Rate | 21.71% |
Stock Price Statistics
The stock price has increased by +16.21% 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 | +16.21% |
| 50-Day Moving Average | 181.65 |
| 200-Day Moving Average | 190.66 |
| Relative Strength Index (RSI) | 50.38 |
| Average Volume (20 Days) | 1,998,906 |
Short Selling Information
The latest short interest is 5.17 million, so 1.77% of the outstanding shares have been sold short.
| Short Interest | 5.17M |
| Short Previous Month | 6.07M |
| Short % of Shares Out | 1.77% |
| Short % of Float | 2.75% |
| Short Ratio (days to cover) | 2.12 |
Income Statement
In the last 12 months, FANG had revenue of $9.16 billion and earned $3.20 billion in profits. Earnings per share was $17.29.
| Revenue | 9.16B |
| Gross Profit | 6.99B |
| Operating Income | 4.66B |
| Pretax Income | 4.50B |
| Net Income | 3.20B |
| EBITDA | 6.82B |
| EBIT | 4.66B |
| Earnings Per Share (EPS) | $17.29 |
Full Income StatementBalance Sheet
The company has $370.00 million in cash and $13.03 billion in debt, giving a net cash position of -$12.66 billion or -$43.37 per share.
| Cash & Cash Equivalents | 370.00M |
| Total Debt | 13.03B |
| Net Cash | -12.66B |
| Net Cash Per Share | -$43.37 |
| Equity (Book Value) | 38.82B |
| Book Value Per Share | 127.86 |
| Working Capital | -2.44B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $5.70 billion and capital expenditures -$11.40 billion, giving a free cash flow of -$5.70 billion.
| Operating Cash Flow | 5.70B |
| Capital Expenditures | -11.40B |
| Free Cash Flow | -5.70B |
| FCF Per Share | -$19.52 |
Full Cash Flow StatementMargins
Gross margin is 76.35%, with operating and profit margins of 50.84% and 35.21%.
| Gross Margin | 76.35% |
| Operating Margin | 50.84% |
| Pretax Margin | 47.73% |
| Profit Margin | 35.21% |
| EBITDA Margin | 74.46% |
| EBIT Margin | 50.84% |
| FCF Margin | 22.36% |
Dividends & Yields
This stock pays an annual dividend of $3.24, which amounts to a dividend yield of 1.79%.
| Dividend Per Share | $3.24 |
| Dividend Yield | 1.79% |
| Dividend Growth (YoY) | 3.75% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 18.74% |
| Buyback Yield | -3.02% |
| Shareholder Yield | -1.23% |
| Earnings Yield | 6.04% |
| FCF Yield | -10.76% |
Dividend DetailsAnalyst Forecast
The average price target for FANG is $217.00, which is 19.59% higher than the current price. The consensus rating is "Buy".
| Price Target | $217.00 |
| Price Target Difference | 19.59% |
| Analyst Consensus | Buy |
| Analyst Count | 21 |
| Revenue Growth Forecast (5Y) | 13.18% |
| EPS Growth Forecast (5Y) | 0.72% |
Stock ForecastsStock 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 1.14 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.14 |
| Piotroski F-Score | 4 |