Diamondback Energy Statistics
Total Valuation
FANG has a market cap or net worth of $53.27 billion. The enterprise value is $58.15 billion.
| Market Cap | 53.27B |
| 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 (%) | 55.86% |
| Float | 190.87M |
Valuation Ratios
The trailing PE ratio is 9.34 and the forward PE ratio is 11.07. FANG's PEG ratio is 2.69.
| PE Ratio | 9.34 |
| Forward PE | 11.07 |
| PS Ratio | 3.55 |
| Forward PS | 4.00 |
| PB Ratio | 1.80 |
| P/FCF Ratio | 24.97 |
| PEG Ratio | 2.69 |
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 +11.11% 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 | +11.11% |
| 50-Day Moving Average | 182.99 |
| 200-Day Moving Average | 189.02 |
| Relative Strength Index (RSI) | 47.29 |
| Average Volume (20 Days) | 2,106,318 |
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 |
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 |
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 |
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 5.18%.
| Dividend Per Share | $9.36 |
| Dividend Yield | 5.18% |
| 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% |
Analyst Forecast
The average price target for FANG is $214.90, which is 18.90% higher than the current price. The consensus rating is "Buy".
| Price Target | $214.90 |
| Price Target Difference | 18.90% |
| Analyst Consensus | Buy |
| Analyst Count | 21 |
| Revenue Growth Forecast (5Y) | 13.18% |
| EPS Growth Forecast (5Y) | 0.72% |
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 |