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Diamondback Energy (FANG) Stock

Profile

Full Name:

Diamondback Energy, Inc.

Sector:

Energy

Country:

United States

IPO:

12 October 2012

Description:

Diamondback Energy Inc is an independent oil and gas company that currently primarily acquires, develops, explores, and produces unconventional onshore oil and gas reserves in the Permian Basin in West Texas. The company's main activities include the production of shale oil, natural shale gas, gas condensate, and conducting geological exploration work. All of the company's proven oil reserves, as well as its current production, are concentrated in two shale oil basins, the Midland Basin and Permian Basin. Diamondback Energy Inc was founded in 2007, and its headquarters is located in Midland, Texas.

Key Details

Price

$165.33

TTM Dividend Yield

5.01%(-6.00% YoY)

Annual Revenue

$8.41 B(-12.77% YoY)

Annual EPS

$17.34(-29.54% YoY)

PE Ratio

9.46(+9.36% YoY)

Beta

0.47

Events Calendar

Earnings

Next earnings date:

Feb 24, 2025

Recent quarterly earnings:

Nov 04, 2024

Recent annual earnings:

Feb 21, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 14, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

18 Oct '24 Wells Fargo
Overweight
18 Oct '24 Susquehanna
Positive
16 Oct '24 Truist Securities
Buy
16 Oct '24 Keybanc
Overweight
15 Oct '24 Piper Sandler
Overweight
10 Oct '24 Scotiabank
Sector Outperform
04 Oct '24 BMO Capital
Outperform
03 Oct '24 Benchmark
Buy
02 Oct '24 Barclays
Overweight
01 Oct '24 Wells Fargo
Overweight

Market Data

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Institutional Ownership

Diamondback Energy (FANG) Rises Higher Than Market: Key Facts
Diamondback Energy (FANG) Rises Higher Than Market: Key Facts
Diamondback Energy (FANG) Rises Higher Than Market: Key Facts
FANG
Zacks14 January 2025

Diamondback Energy (FANG) finished the last trading day at $177.61, which is an increase of 1.62% compared to the day before.

Diamondback Energy (FANG) Rises Higher Than Market: Key Facts
Diamondback Energy (FANG) Rises Higher Than Market: Key Facts
Diamondback Energy (FANG) Rises Higher Than Market: Key Facts
FANG
zacks.com13 January 2025

Diamondback Energy (FANG) finished the last trading day at $177.61, which is an increase of 1.62% compared to the day before.

Diamondback Energy, Inc. Schedules Fourth Quarter 2024 Conference Call for February 25, 2025
Diamondback Energy, Inc. Schedules Fourth Quarter 2024 Conference Call for February 25, 2025
Diamondback Energy, Inc. Schedules Fourth Quarter 2024 Conference Call for February 25, 2025
FANG
globenewswire.com09 January 2025

MIDLAND, Texas, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) has announced that it will share its financial results for the fourth quarter of 2024 on February 24, 2025, after the market closes.

Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors
Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors
Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors
FANG
Zacks08 January 2025

On the most recent trading day, Diamondback Energy (FANG) closed at $172.42, which is an increase of 1.64% compared to its last closing price.

Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors
Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors
Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors
FANG
zacks.com07 January 2025

On the most recent trading day, Diamondback Energy (FANG) closed at $172.42, which is an increase of 1.64% compared to its last closing price.

Why the Market Dipped But Diamondback Energy (FANG) Gained Today
Why the Market Dipped But Diamondback Energy (FANG) Gained Today
Why the Market Dipped But Diamondback Energy (FANG) Gained Today
FANG
zacks.com27 December 2024

Diamondback Energy (FANG) closed at $158.34 in the most recent trading session, showing a slight increase of 0.2% from its previous closing price.

Better Energy Stock: Diamondback Energy vs. Occidental Petroleum
Better Energy Stock: Diamondback Energy vs. Occidental Petroleum
Better Energy Stock: Diamondback Energy vs. Occidental Petroleum
FANG
fool.com26 December 2024

Occidental Petroleum (OXY 0.58%) and Diamondback Energy (FANG 1.07%) are among the top producers in the highly productive Permian Basin, which stretches across Texas and New Mexico. This region has played a major role in making the United States a significant oil producer.

Exxon Mobil Vs. Diamondback Energy: Only One Is A Compelling Buy
Exxon Mobil Vs. Diamondback Energy: Only One Is A Compelling Buy
Exxon Mobil Vs. Diamondback Energy: Only One Is A Compelling Buy
FANG
seekingalpha.com12 December 2024

Diamondback Energy and Exxon Mobil are two leading companies in the energy sector. Both offer substantial returns to their shareholders. I will compare them directly and explain which one I believe is the better investment at this time.

Wall Street Analysts Think Diamondback (FANG) Is a Good Investment: Is It?
Wall Street Analysts Think Diamondback (FANG) Is a Good Investment: Is It?
Wall Street Analysts Think Diamondback (FANG) Is a Good Investment: Is It?
FANG
zacks.com05 December 2024

Investors frequently depend on the advice of Wall Street analysts to help them choose whether to buy, sell, or keep a stock. News articles about these analysts from brokerage firms changing their ratings can significantly influence a stock's price.

Why Diamondback Energy Is My Top Pick For U.S. Oil
Why Diamondback Energy Is My Top Pick For U.S. Oil
Why Diamondback Energy Is My Top Pick For U.S. Oil
FANG
seekingalpha.com05 November 2024

Diamondback Energy's merger with Endeavor Energy improves its resources and efficiency, strengthening its role in the Permian Basin. The company's careful approach to reducing debt and maintaining a strong financial position, backed by good credit ratings and ample cash, ensures stability. Shareholders enjoy good returns through dividends and a $6 billion buyback plan, even while prioritizing debt reduction.

FAQ

  • What is the primary business of Diamondback Energy?
  • What is the ticker symbol for Diamondback Energy?
  • Does Diamondback Energy pay dividends?
  • What sector is Diamondback Energy in?
  • What industry is Diamondback Energy in?
  • What country is Diamondback Energy based in?
  • When did Diamondback Energy go public?
  • Is Diamondback Energy in the S&P 500?
  • Is Diamondback Energy in the NASDAQ 100?
  • Is Diamondback Energy in the Dow Jones?
  • When was Diamondback Energy's last earnings report?
  • When does Diamondback Energy report earnings?
  • Should I buy Diamondback Energy stock now?

What is the primary business of Diamondback Energy?

Diamondback Energy Inc is an independent oil and gas company that currently primarily acquires, develops, explores, and produces unconventional onshore oil and gas reserves in the Permian Basin in West Texas. The company's main activities include the production of shale oil, natural shale gas, gas condensate, and conducting geological exploration work. All of the company's proven oil reserves, as well as its current production, are concentrated in two shale oil basins, the Midland Basin and Permian Basin. Diamondback Energy Inc was founded in 2007, and its headquarters is located in Midland, Texas.

What is the ticker symbol for Diamondback Energy?

The ticker symbol for Diamondback Energy is NASDAQ:FANG

Does Diamondback Energy pay dividends?

Yes, Diamondback Energy pays dividends. The last payment was $0.90, with an ex-dividend date on 14 November 2024

What sector is Diamondback Energy in?

Diamondback Energy is in the Energy sector

What industry is Diamondback Energy in?

Diamondback Energy is in the Oil & Gas Equipment & Services industry

What country is Diamondback Energy based in?

Diamondback Energy is headquartered in United States

When did Diamondback Energy go public?

Diamondback Energy's initial public offering (IPO) was on 12 October 2012

Is Diamondback Energy in the S&P 500?

Yes, Diamondback Energy is included in the S&P 500 index

Is Diamondback Energy in the NASDAQ 100?

Yes, Diamondback Energy is included in the NASDAQ 100 index

Is Diamondback Energy in the Dow Jones?

No, Diamondback Energy is not included in the Dow Jones index

When was Diamondback Energy's last earnings report?

Diamondback Energy's most recent earnings report was on 4 November 2024

When does Diamondback Energy report earnings?

The next expected earnings date for Diamondback Energy is 24 February 2025

Should I buy Diamondback Energy stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions