Equities
  • Price (USD)202.58
  • Today's Change1.84 / 0.92%
  • Shares traded1.42m
  • 1 Year change+43.58%
  • Beta1.8791
Data delayed at least 15 minutes, as of Apr 22 2024 21:00 BST.
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About the company

Diamondback Energy, Inc. is an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. The Company's activities are primarily focused on horizontal development of the Spraberry and Wolfcamp formations of the Midland Basin and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the larger Permian Basin in West Texas and New Mexico. Its total acreage position in the Permian Basin includes approximately 607,877 gross (493,769 net) acres, which consists primarily of 428,324 gross (349,707 net) acres in the Midland Basin and 174,828 gross (143,742 net) acres in the Delaware Basin. The Company is also engaged in midstream gathering, compression, water handling, disposal and treatment operations. Its subsidiary Viper Energy, Inc., also owns mineral interests in the Permian Basin.

  • Revenue in USD (TTM)8.41bn
  • Net income in USD3.12bn
  • Incorporated2011
  • Employees1.02k
  • Location
    Diamondback Energy IncSUITE 1210, 500 WEST TEXASMIDLAND 79701United StatesUSA
  • Phone+1 (405) 463-6900
  • Fax+1 (302) 636-5454
  • Websitehttps://ir.diamondbackenergy.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FANG:NSQ since
announced
Transaction
value
Endeavor Energy Resources LPAnnounced12 Feb 202412 Feb 2024Announced33.50%25.79bn
Data delayed at least 15 minutes, as of Apr 22 2024 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Coterra Energy Inc5.91bn1.62bn20.99bn894.0013.131.616.453.552.132.137.7817.370.291617.465.886,615,213.008.0112.598.6213.5081.9980.7527.4835.221.18153.790.142851.45-34.6622.00-60.0724.3118.6036.16
Devon Energy Corp15.26bn3.75bn33.10bn1.90k8.902.755.222.175.865.8623.7818.970.63332.619.298,030,527.0015.6911.0918.0612.9251.9148.9824.7917.390.986115.730.34670.95-20.4011.39-37.1146.9912.7057.09
Diamondback Energy Inc8.41bn3.12bn36.13bn1.02k11.682.187.114.2917.3517.3546.7393.020.304727.6210.738,222,874.0012.084.8813.375.4678.6679.8039.6617.830.739111.870.275970.81-12.7731.05-28.1529.846.2484.38
Cheniere Energy Inc20.39bn9.88bn37.01bn1.61k3.967.522.791.8140.5240.5284.0721.350.48366.2128.1912,706,540.0028.607.8536.059.4480.6538.8759.1316.741.5116.080.7285---38.9920.62591.9583.80-10.25--
ONEOK Inc17.68bn2.66bn46.64bn4.78k14.422.8313.612.645.545.5436.4228.270.51518.4610.923,701,990.007.756.268.566.95----15.0410.320.66486.360.5679106.08-21.047.0254.4318.23-5.723.32
Hess Corp10.51bn1.38bn48.13bn1.76k34.785.3412.724.584.494.4934.1729.260.4611.329.475,985,763.007.611.898.962.2471.9571.0516.544.930.9566.010.4773362.78-7.1810.70-34.06--14.3911.84
Data as of Apr 22 2024. Currency figures normalised to Diamondback Energy Inc's reporting currency: US Dollar USD

Institutional shareholders

43.96%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Dec 202321.10m11.83%
Wellington Management Co. LLPas of 31 Dec 202313.81m7.74%
SSgA Funds Management, Inc.as of 31 Dec 202311.15m6.25%
BlackRock Fund Advisorsas of 31 Dec 202310.07m5.64%
T. Rowe Price Associates, Inc. (Investment Management)as of 31 Dec 20235.92m3.32%
Geode Capital Management LLCas of 31 Dec 20234.10m2.30%
JPMorgan Investment Management, Inc.as of 31 Dec 20233.51m1.97%
Fidelity Management & Research Co. LLCas of 31 Dec 20233.46m1.94%
Massachusetts Financial Services Co.as of 31 Dec 20232.93m1.64%
Invesco Capital Management LLCas of 31 Dec 20232.38m1.34%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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