Diamondback Energy Inc (FANG)

NASDAQ
Currency in USD
158.50
+0.02(+0.01%)
Closed
Pre Market
158.20-0.30(-0.19%)
FANG Scorecard
Full Analysis
9 analysts have revised their earnings downwards for the upcoming period
Unusual trading volume
Fair Value
Day's Range
156.16158.73
52 wk Range
137.09214.50
Key Statistics
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Prev. Close
158.5
Open
156.8
Day's Range
156.16-158.73
52 wk Range
137.09-214.5
Volume
7.8M
Average Volume (3m)
2.45M
1-Year Change
-18.59%
Book Value / Share
129.24
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
205.66
Upside
+29.75%
Members' Sentiments
Bearish
Bullish
ProTips
Stock generally trades with low price volatility
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Diamondback Energy Inc Company Profile

Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, 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. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Industry
Oil & Gas
Sector
Energy
Employees
1983

Diamondback Energy Inc SWOT Analysis


Permian Powerhouse
Diamondback Energy's dominance in the Permian Basin strengthens with strategic mergers, positioning it as a formidable competitor to industry giants
Financial Fortitude
Robust financials with a P/E ratio of 8.84x and a 5.34% dividend yield underscore Diamondback's attractive valuation and shareholder-friendly policies
Analyst Optimism
Explore the bullish sentiment surrounding Diamondback, with price targets ranging from $210 to $220 and "Overweight" ratings from leading analysts
Future-Focused Strategy
Delve into Diamondback's operational efficiency gains, capital discipline, and innovative ventures in gas power generation and water management
Read full SWOT analysis

Diamondback Energy Inc Earnings Call Summary for Q2/2024

  • Increased production guidance and capital expenditure budget, emphasizing operational efficiencies and financial flexibility
  • Plans to reduce net debt through asset sales and organic cash flow, adjusting share buybacks based on oil prices
  • Acquisition of Endeavor assets expected to enhance operational capacity and shareholder returns
  • Focus on managing gas price volatility in Permian Basin and improving drilling and completion processes
  • Q3 projected as low point for activity, Q4 for capital expenditures; preparing for increased flexibility in 2025
Last Updated: 08/08/2024, 12:38 am
Read Full Transcript

Compare FANG to Peers and Sector

Metrics to compare
FANG
Peers
Sector
Relationship
P/E Ratio
13.8x13.3x4.9x
PEG Ratio
−1.33−0.640.00
Price/Book
1.2x1.1x1.1x
Price / LTM Sales
4.3x2.2x1.1x
Upside (Analyst Target)
33.8%35.8%35.4%
Fair Value Upside
Unlock26.9%9.6%Unlock

Analyst Ratings

25 Buy
5 Hold
0 Sell
Ratings:
30 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 205.66
(+29.75% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 15.53%
Dividend Yield
2.52%
Industry Median 4.06%
Annualised payout
4.00
Paid quarterly
5-Years Growth
+45.96%
Growth Streak

Earnings

Latest Release
Feb 24, 2025
EPS / Forecast
3.64 / 3.45
Revenue / Forecast
3.71B / 3.55B
EPS Revisions
Last 90 days

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FAQ

What Is the Diamondback (FANG) Stock Price Today?

The Diamondback stock price today is 158.50

What Stock Exchange Does Diamondback Trade On?

Diamondback is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Diamondback?

The stock symbol for Diamondback is "FANG."

Does Diamondback Pay Dividends? What’s The Current Dividend Yield?

The Diamondback dividend yield is 2.52%.

What Is the Diamondback Market Cap?

As of today, Diamondback market cap is 45.88B.

What is Diamondback Earnings Per Share?

The Diamondback EPS is 15.53.

What Is the Next Diamondback Earnings Date?

Diamondback will release its next earnings report on 04 May 2025.

From a Technical Analysis Perspective, Is FANG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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