Diamondback Energy Statistics
Total Valuation
FANG has a market cap or net worth of $35.60 billion. The enterprise value is $42.02 billion.
| Market Cap | 35.60B |
| Enterprise Value | 42.02B |
Important Dates
The next confirmed earnings date is Tuesday, April 30, 2024, after market close.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | Mar 4, 2024 |
Share Statistics
FANG has 178.34 million shares outstanding. The number of shares has increased by 1.96% in one year.
| Shares Outstanding | 178.34M |
| Shares Change (YoY) | +1.96% |
| Shares Change (QoQ) | -0.04% |
| Owned by Insiders (%) | 0.59% |
| Owned by Institutions (%) | 93.64% |
| Float | 177.39M |
Valuation Ratios
The trailing PE ratio is 11.51 and the forward PE ratio is 11.00. FANG's PEG ratio is 1.20.
| PE Ratio | 11.51 |
| Forward PE | 11.00 |
| PS Ratio | 4.28 |
| Forward PS | 4.00 |
| PB Ratio | 2.16 |
| P/FCF Ratio | 29.82 |
| PEG Ratio | 1.20 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.03, with an EV/FCF ratio of 34.85.
| EV / Earnings | 13.37 |
| EV / Sales | 5.00 |
| EV / EBITDA | 7.03 |
| EV / EBIT | 9.93 |
| EV / FCF | 34.85 |
Financial Position
The company has a current ratio of 0.77, with a Debt / Equity ratio of 0.40.
| Current Ratio | 0.77 |
| Quick Ratio | 0.68 |
| Debt / Equity | 0.40 |
| Debt / EBITDA | 1.11 |
| Debt / FCF | 5.51 |
| Interest Coverage | 24.17 |
Financial Efficiency
Return on equity (ROE) is 19.70% and return on invested capital (ROIC) is 15.22%.
| Return on Equity (ROE) | 19.70% |
| Return on Assets (ROA) | 11.20% |
| Return on Capital (ROIC) | 15.22% |
| Revenue Per Employee | $8.15M |
| Profits Per Employee | $3.05M |
| Employee Count | 1,032 |
| Asset Turnover | 0.30 |
| Inventory Turnover | 27.62 |
Taxes
In the past 12 months, FANG has paid $912.00 million in taxes.
| Income Tax | 912.00M |
| Effective Tax Rate | 22.49% |
Stock Price Statistics
The stock price has increased by +37.67% in the last 52 weeks. The beta is 1.92, so FANG's price volatility has been higher than the market average.
| Beta (1Y) | 1.92 |
| 52-Week Price Change | +37.67% |
| 50-Day Moving Average | 187.46 |
| 200-Day Moving Average | 161.23 |
| Relative Strength Index (RSI) | 53.86 |
| Average Volume (30 Days) | 1,817,124 |
Short Selling Information
The latest short interest is 5.16 million, so 2.89% of the outstanding shares have been sold short.
| Short Interest | 5.16M |
| Short Previous Month | 5.51M |
| Short % of Shares Out | 2.89% |
| Short % of Float | 2.91% |
| Short Ratio (days to cover) | 3.54 |
Income Statement
In the last 12 months, FANG had revenue of $8.41 billion and earned $3.14 billion in profits. Earnings per share was $17.34.
| Revenue | 8.41B |
| Gross Profit | 6.62B |
| Operating Income | 4.57B |
| Pretax Income | 4.06B |
| Net Income | 3.14B |
| EBITDA | 5.98B |
| EBIT | 4.23B |
| Earnings Per Share (EPS) | $17.34 |
Balance Sheet
The company has $585.00 million in cash and $6.64 billion in debt, giving a net cash position of -$6.06 billion or -$33.96 per share.
| Cash & Cash Equivalents | 585.00M |
| Total Debt | 6.64B |
| Net Cash | -6.06B |
| Net Cash Per Share | -$33.96 |
| Equity / Book Value | 16.63B |
| Book Value Per Share | 93.22 |
| Working Capital | -487.00M |
Cash Flow
In the last 12 months, operating cash flow was $5.92 billion and capital expenditures -$4.71 billion, giving a free cash flow of $1.21 billion.
| Operating Cash Flow | 5.92B |
| Capital Expenditures | -4.71B |
| Free Cash Flow | 1.21B |
| FCF Per Share | $6.70 |
Margins
Gross margin is 78.66%, with operating and profit margins of 54.33% and 37.36%.
| Gross Margin | 78.66% |
| Operating Margin | 54.33% |
| Pretax Margin | 48.20% |
| Profit Margin | 37.36% |
| EBITDA Margin | 71.04% |
| EBIT Margin | 50.29% |
| FCF Margin | 14.34% |
Dividends & Yields
This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 0.42%.
| Dividend Per Share | $0.84 |
| Dividend Yield | 0.42% |
| Dividend Growth (YoY) | -28.21% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 4.84% |
| Buyback Yield | -1.96% |
| Shareholder Yield | -1.54% |
| Earnings Yield | 8.74% |
| FCF Yield | 3.35% |
Analyst Forecast
The average price target for FANG is $199.75, which is 0.08% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $199.75 |
| Price Target Difference | 0.08% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 20 |
| Revenue Growth Forecast (5Y) | -0.76% |
| EPS Growth Forecast (5Y) | 2.02% |
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 2.74 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.74 |
| Piotroski F-Score | 4 |