Diamondback Energy Inc

$209.97
(as of Jul 18, 3:58 PM EST)

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Ticker Information for Diamondback Energy Inc

Stock Price
$209.98
Ticker Symbol
FANG
Exchange
NASDAQ

Industry Information for Diamondback Energy Inc

Sector
Energy
Industry
Oil & Gas E&P

Company Description for Diamondback Energy Inc

Country
USA
Full Time Employees
1,023

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. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Fundamentals for Diamondback Energy Inc

Market Capitalization
$37,619,884,032
EBITDA
$6,344,000,000
Dividends per Share
$9.26
P/E Ratio
11.89
Forward P/E Ratio
11.52
Earnings per Share
$17.74
Earnings per Share Estimate Next Year
$20.79
Profit Margin
38.66%
Shares Outstanding
178,344,000
Percent Owned by Insiders
0.51%
Percent Owned by Institutions
93.86%
52-Week High
$214.50
52-Week Low
$134.56

Technical Indicators for Diamondback Energy Inc

50-Day Moving Average
$197.93
200-Day Moving Average
$176.81
RSI
64.87
4.43

Analyst Ratings for Diamondback Energy Inc

Strong Buy
15
Buy
7
Hold
5
Sell
0
Strong Sell
0

News About Diamondback Energy Inc

Jul 16, 2024, 8:03 AM EST
In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure. See more.
Jul 15, 2024, 8:00 PM EST
High-yield dividend stocks are one of the surest paths to beating inflation as the cost of everything remains high in mid-2024. See more.
Jul 12, 2024, 6:15 PM EST
Diamondback Energy (FANG) closed the latest trading day at $204.17, indicating a -1.45% change from the previous session's end. See more.
Jul 11, 2024, 9:00 AM EST
Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. See more.
Jul 10, 2024, 8:00 PM EST
With global population growth and rising energy needs colliding, it’s time to take a long look at high-growth energy stocks. See more.