Diamondback Energy Statistics
Total Valuation
FANG has a market cap or net worth of $34.74 billion. The enterprise value is $40.47 billion.
| Market Cap | 34.74B |
| Enterprise Value | 40.47B |
Important Dates
The last earnings date was Tuesday, April 30, 2024, after market close.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | May 14, 2024 |
Share Statistics
FANG has 178.34 million shares outstanding. The number of shares has decreased by -1.93% in one year.
| Shares Outstanding | 178.34M |
| Shares Change (YoY) | -1.93% |
| Shares Change (QoQ) | -0.18% |
| Owned by Insiders (%) | 0.53% |
| Owned by Institutions (%) | 93.98% |
| Float | 177.22M |
Valuation Ratios
The trailing PE ratio is 10.98 and the forward PE ratio is 9.97. FANG's PEG ratio is 1.20.
| PE Ratio | 10.98 |
| Forward PE | 9.97 |
| PS Ratio | 3.99 |
| Forward PS | 3.25 |
| PB Ratio | 2.05 |
| P/FCF Ratio | 18.38 |
| PEG Ratio | 1.20 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.62, with an EV/FCF ratio of 21.41.
| EV / Earnings | 12.65 |
| EV / Sales | 4.64 |
| EV / EBITDA | 6.62 |
| EV / EBIT | 9.41 |
| EV / FCF | 21.41 |
Financial Position
The company has a current ratio of 0.92, with a Debt / Equity ratio of 0.39.
| Current Ratio | 0.92 |
| Quick Ratio | 0.87 |
| Debt / Equity | 0.39 |
| Debt / EBITDA | 1.08 |
| Debt / FCF | 3.51 |
| Interest Coverage | 24.58 |
Financial Efficiency
Return on equity (ROE) is 19.60% and return on invested capital (ROIC) is 15.33%.
| Return on Equity (ROE) | 19.60% |
| Return on Assets (ROA) | 11.20% |
| Return on Capital (ROIC) | 15.33% |
| Revenue Per Employee | $8.44M |
| Profits Per Employee | $3.10M |
| Employee Count | 1,032 |
| Asset Turnover | 0.31 |
| Inventory Turnover | 30.92 |
Taxes
In the past 12 months, FANG has paid $928.00 million in taxes.
| Income Tax | 928.00M |
| Effective Tax Rate | 22.49% |
Stock Price Statistics
The stock price has increased by +55.85% in the last 52 weeks. The beta is 1.90, so FANG's price volatility has been higher than the market average.
| Beta (1Y) | 1.90 |
| 52-Week Price Change | +55.85% |
| 50-Day Moving Average | 198.82 |
| 200-Day Moving Average | 167.46 |
| Relative Strength Index (RSI) | 38.48 |
| Average Volume (30 Days) | 1,564,029 |
Short Selling Information
The latest short interest is 4.96 million, so 2.78% of the outstanding shares have been sold short.
| Short Interest | 4.96M |
| Short Previous Month | 5.31M |
| Short % of Shares Out | 2.78% |
| Short % of Float | 2.80% |
| Short Ratio (days to cover) | 3.47 |
Income Statement
In the last 12 months, FANG had revenue of $8.71 billion and earned $3.20 billion in profits. Earnings per share was $17.73.
| Revenue | 8.71B |
| Gross Profit | 6.77B |
| Operating Income | 4.66B |
| Pretax Income | 4.13B |
| Net Income | 3.20B |
| EBITDA | 6.11B |
| EBIT | 4.30B |
| Earnings Per Share (EPS) | $17.73 |
Balance Sheet
The company has $899.00 million in cash and $6.63 billion in debt, giving a net cash position of -$5.73 billion or -$32.13 per share.
| Cash & Cash Equivalents | 899.00M |
| Total Debt | 6.63B |
| Net Cash | -5.73B |
| Net Cash Per Share | -$32.13 |
| Equity / Book Value | 16.95B |
| Book Value Per Share | 95.04 |
| Working Capital | -170.00M |
Cash Flow
In the last 12 months, operating cash flow was $5.83 billion and capital expenditures -$3.94 billion, giving a free cash flow of $1.89 billion.
| Operating Cash Flow | 5.83B |
| Capital Expenditures | -3.94B |
| Free Cash Flow | 1.89B |
| FCF Per Share | $10.59 |
Margins
Gross margin is 77.65%, with operating and profit margins of 53.51% and 36.71%.
| Gross Margin | 77.65% |
| Operating Margin | 53.51% |
| Pretax Margin | 47.36% |
| Profit Margin | 36.71% |
| EBITDA Margin | 70.16% |
| EBIT Margin | 49.37% |
| FCF Margin | 21.69% |
Dividends & Yields
This stock pays an annual dividend of $9.26, which amounts to a dividend yield of 4.76%.
| Dividend Per Share | $9.26 |
| Dividend Yield | 4.76% |
| Dividend Growth (YoY) | 1.87% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 52.23% |
| Buyback Yield | 1.93% |
| Shareholder Yield | 6.69% |
| Earnings Yield | 9.21% |
| FCF Yield | 5.44% |
Analyst Forecast
The average price target for FANG is $209.21, which is 7.51% higher than the current price. The consensus rating is "Buy".
| Price Target | $209.21 |
| Price Target Difference | 7.51% |
| Analyst Consensus | Buy |
| Analyst Count | 19 |
| Revenue Growth Forecast (5Y) | 9.26% |
| EPS Growth Forecast (5Y) | -0.90% |
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 2.68 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.68 |
| Piotroski F-Score | 7 |