Diamondback Energy Inc

$200.56
(as of Jul 26, 3:58 PM EST)

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Ticker Information for Diamondback Energy Inc

Stock Price
$200.56
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
$35,633,131,520
EBITDA
$6,344,000,000
Dividends per Share
$9.26
P/E Ratio
11.26
Forward P/E Ratio
11.52
Earnings per Share
$17.74
Earnings per Share Estimate Next Year
$20.53
Profit Margin
38.66%
Shares Outstanding
178,344,000
Percent Owned by Insiders
0.51%
Percent Owned by Institutions
93.85%
52-Week High
$214.50
52-Week Low
$136.37

Technical Indicators for Diamondback Energy Inc

50-Day Moving Average
$197.92
200-Day Moving Average
$178.41
RSI
46.61
4.54

Analyst Ratings for Diamondback Energy Inc

Strong Buy
15
Buy
7
Hold
6
Sell
0
Strong Sell
0

News About Diamondback Energy Inc

Jul 24, 2024, 6:15 PM EST
The latest trading session saw Diamondback Energy (FANG) ending at $198.83, denoting a +0.24% adjustment from its last day's close. See more.
Jul 22, 2024, 12:59 PM EST
For the 12 months through June 30, momentum stocks (those with rapidly rising prices) gained about 58%. See more.
Jul 22, 2024, 10:00 AM EST
Jim Cramer's 5 Favorite Dividend Stocks See more.
Jul 19, 2024, 3:41 PM EST
(Bloomberg) -- The US Federal Trade Commission is investigating whether executives at major oil companies including Hess Corp., Occidental Petroleum Corp. and Diamondback Energy Inc. improperly communicated with OPEC officials. See more.
Jul 18, 2024, 7:51 AM EST
We recently published a list of 9 Best AI Energy Infrastructure Stocks to Buy Now. See more.