Diamondback Energy Inc

FANG

NASDAQ. Currency in USD

142.00 -3.46 ( -2.38% )

Real time prices: December 05

Market Cap.
25.83B
Beta (5Y monthly)
2.06
Price/Earnings
6.67
EPS (TTM)
22.38
Forward Dividend
8.96 (6.05%)
Ex-Dividend Date
Nov 17, 2022
Volume
2.46M
1y Target Est.
183.60
Day's Range
140.57
-
149.90
52 Week's Range
95.02
-
168.95

Historical Summary

Performance
EPS growth
Share Buybacks

About Diamondback Energy Inc

Sector
Energy
Industry
Oil & Gas E&P
Website
https://www.diamondbackenergy.com
Exchange
NASDAQ (XNAS)
Shares Outstanding
181.18M
Employees
870
Address
500 West Texas Avenue, Midland, TX, United States, 79701
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Latest news

Diamondback Energy, Inc. Announces Closing of FireBird Acquisition
Diamondback Energy, Inc. Announces Closing of FireBird Acquisition

MIDLAND, Texas, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or...
By GlobeNewswire Inc. - 5 days ago

This Ultra-High-Yield Dividend Stock Thinks Its Shares Are a Screaming Bargain
This Ultra-High-Yield Dividend Stock Thinks Its Shares Are a Screaming Bargain

The company significantly ramped up its share repurchases last quarter.
By The Motley Fool - 5 days ago

The Zacks Analyst Blog Highlights Diamondback Energy, Chevron, ConocoPhillips, Transocean and Enbridge
The Zacks Analyst Blog Highlights Diamondback Energy, Chevron, ConocoPhillips, Transocean and Enbridge

Diamondback Energy, Chevron, ConocoPhillips, Transocean and Enbridge are part of the Zacks top Analyst Blog.
By Zacks Investment Research - 5 days ago

Diamondback Energy Prices Offering of Senior Notes
Diamondback Energy Prices Offering of Senior Notes

MIDLAND, Texas, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) announced...
By GlobeNewswire Inc. - 6 days ago

Oil & Gas Stock Roundup: Spotlight on Deals by Diamondback, Chevron
Oil & Gas Stock Roundup: Spotlight on Deals by Diamondback, Chevron

Apart from Diamondback Energy (FANG) and Chevron (CVX), ConocoPhillips (COP), Transocean (RIG) and Enbridge (ENB)...
By Zacks Investment Research - 6 days ago

Are Options Traders Betting on a Big Move in Diamondback Energy (FANG) Stock?
Are Options Traders Betting on a Big Move in Diamondback Energy (FANG) Stock?

Investors need to pay close attention to Diamondback Energy (FANG) stock based on the movements...
By Zacks Investment Research - 1 week ago

12 Analysts Have This to Say About Diamondback Energy
12 Analysts Have This to Say About Diamondback Energy

Diamondback Energy (NASDAQ:FANG) has observed the following analyst ratings within the last quarter: Bullish Somewhat...
By Benzinga - 1 week ago

Benzinga's Top Ratings Upgrades, Downgrades For November 28, 2022
Benzinga's Top Ratings Upgrades, Downgrades For November 28, 2022

Upgrades Barclays upgraded the previous rating for PerkinElmer Inc (NYSE:PKI) from Underweight to Equal-Weight. For...
By Benzinga - 1 week ago