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Diamondback Energy Inc

FANG.OQ

Latest Trade

96.82USD

Change

-0.51(-0.52%)

Volume

1,754,346

Today's Range

95.80

 - 

98.12

52 Week Range

85.21

 - 

140.78

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
97.33
Open
97.35
Volume
1,754,346
3M AVG Volume
34.60
Today's High
98.12
Today's Low
95.80
52 Week High
140.78
52 Week Low
85.21
Shares Out (MIL)
163.04
Market Cap (MIL)
15,869.02
Forward P/E
13.82
Dividend (Yield %)
0.77

Next Event

Q3 2019 Diamondback Energy Inc Earnings Release

Latest Developments

More

Diamondback Energy Inc Says Co Entered Into A Consent Letter With Respect To Second Amended And Restated Credit Agreement, Dated As Of November 1, 2013

Carl Icahn Dissolves Shared Share Stake In Diamondback Energy, Ups In Conduent

Diamondback Energy Expects To Realize Greater Than 95% Of WTI Pricing For H2 2019 - Co Exec, Conf Call

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About Diamondback Energy Inc

Diamondback Energy, Inc. is an independent oil and natural gas company. The Company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2016, the Company's total net acreage position in the Permian Basin was approximately 105,894 net acres. As of December 31, 2016, the Company, through its subsidiary, Viper Energy Partners LP (Viper), owned mineral interests underlying approximately 107,568 gross acres primarily in Midland County, Texas in the Permian Basin. The Permian Basin area covers a portion of western Texas and eastern New Mexico. The Company's reserves are located in the Permian Basin of West Texas, in particular in the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. The Company refers to the Clearfork, Spraberry, Wolfcamp, Strawn and Atoka formations collectively as the Wolfberry play.

Industry

Oil & Gas Operations

Contact Info

500 W Texas Ave Ste 1210

+1.405.4636900

https://www.diamondbackenergy.com/

Executive Leadership

Steven E. West

Independent Chairman of the Board

Michael L. Hollis

President, Chief Operating Officer, Director

Travis D. Stice

Chief Executive Officer, Director

Kaes Van't Hof

Chief Financial Officer and Executive Vice President - Business Development

Jennifer Soliman

Chief Human Resource Officer, Executive Vice President

Key Stats

1.69 mean rating - 36 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.5K

2017

1.2K

2018

2.2K

2019(E)

4.1K
EPS (USD)

2016

1.870

2017

5.180

2018

5.870

2019(E)

7.041
Price To Earnings (TTM)
15.57
Price To Sales (TTM)
5.19
Price To Book (MRQ)
1.14
Price To Cash Flow (TTM)
8.25
Total Debt To Equity (MRQ)
31.93
LT Debt To Equity (MRQ)
31.93
Return on Investment (TTM)
6.09
Return on Equity (TTM)
5.38

Latest News

Diamondback Energy profit rises 77% on higher production

Diamondback Energy Inc reported a 77% rise in quarterly adjusted profit on Tuesday, as the Permian-basin focused oil producer benefited from higher output.

Texas shale pioneers struggle to appease investors

Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas.

Corvex's Meister likes Diamondback Energy after it bought Energen

Corvex Management manager Keith Meister on Tuesday named Diamondback Energy Inc. one of the hedge fund's top investment picks after the energy company bought a rival last year.

UPDATE 1-Corvex's Meister likes Diamondback Energy after it bought Energen

Corvex Management manager Keith Meister on Tuesday named Diamondback Energy Inc. one of the hedge fund's top investment picks after the energy company bought a rival last year.

Carlyle Group, Diamondback partner to develop Permian assets

Private equity firm Carlyle Group LP said on Tuesday it would fund the development of Diamondback Energy Inc's oil and gas assets in the prolific Permian basin of Texas.

Diamondback Energy shares drop on $9.2 billion deal for shale rival

Diamondback Energy Inc <FANG.O> shares fell 10 percent early on Wednesday following the U.S. oil and gas producer's all-stock, $9.2 billion deal for shale rival Energen Corp <EGN.N>.

Diamondback Energy shares drop on $9.2 billion deal for shale rival

Diamondback Energy Inc shares fell 10 percent early on Wednesday following the U.S. oil and gas producer's all-stock, $9.2 billion deal for shale rival Energen Corp.

Diamondback to buy Energen in $9.2 billion deal to boost Permian presence

U.S. oil and gas producer Diamondback Energy Inc on Tuesday agreed to buy shale rival Energen Corp in an all-stock deal valued at $9.2 billion, giving it an expanded footprint in the country's largest and fastest growing oil field.

Diamondback Energy to buy Energen in $9.2 bln deal

U.S. oil and gas company Diamondback Energy Inc said on Tuesday it would buy Energen Corp in an all-stock deal valued at $9.2 billion, including debt.

BRIEF-Diamondback Energy Q1 Adjusted Non-GAAP Earnings Per Share $1.64

* DIAMONDBACK ENERGY, INC. ANNOUNCES FIRST QUARTER 2018 FINANCIAL AND OPERATING RESULTS

BRIEF-Diamondback Energy Increases Size Of Board To Seven

* DIAMONDBACK ENERGY, INC. ANNOUNCES APPOINTMENTS TO THE BOARD OF DIRECTORS

BRIEF-Diamondback Energy Says Produced 102.6 mboe/d oil in Q1

* DIAMONDBACK ENERGY, INC. PROVIDES FIRST QUARTER 2018 PRODUCTION UPDATE

Diamondback Energy seeks investors to develop Permian acreage: sources

U.S. oil and gas exploration and production company Diamondback Energy Inc is seeking investors, including buyout firms, to finance part of its drilling operations in the Permian Basin, according to three people familiar with the matter.

BRIEF-Diamondback Energy Q4 Earnings Per Share $1.16

* DIAMONDBACK ENERGY, INC. ANNOUNCES FOURTH QUARTER 2017 FINANCIAL AND OPERATING RESULTS; INITIATING DIVIDEND

BRIEF-Diamondback Energy Prices Upsized $300 Million Tack-On Offering Of Senior Notes

* DIAMONDBACK ENERGY PRICES UPSIZED $300 MILLION TACK-ON OFFERING OF SENIOR NOTES

BRIEF-Diamondback Energy Launches $250 Mln Tack-On Offering Of Senior Notes

* DIAMONDBACK ENERGY LAUNCHES $250 MILLION TACK-ON OFFERING OF SENIOR NOTES

BRIEF-Diamondback Energy - Co & Units Entered Into A Amendment To Second Amended & Restated Credit Agreement

* DIAMONDBACK ENERGY INC - ON NOV 28, 2017, CO & UNITS ENTERED INTO A FIFTH AMENDMENT TO SECOND AMENDED & RESTATED CREDIT AGREEMENT

BRIEF-Diamondback Energy Q3 earnings per share $0.74

* Diamondback Energy Inc announces third quarter 2017 financial and operating results

BRIEF-Diamondback Energy ‍production for Q3 of 2017 was 85.0 MBOE/D

* Diamondback Energy, Inc. provides third quarter 2017 production update

BRIEF-Viper Energy Partners ‍production for Q3 of 2017 was 12.6 MBOE/D​

* Viper Energy Partners Lp, a subsidiary of Diamondback Energy, Inc., provides third quarter 2017 production update

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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