Diamondback Energy Inc

$178.71
(as of Feb 22, 1:37 PM EST)

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Ticker Information for Diamondback Energy Inc

Stock Price
$178.71
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
0

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. The company also owns, operates, develops, and acquires midstream infrastructure assets, including 770 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.

Fundamentals for Diamondback Energy Inc

Market Capitalization
$32,005,924,864
EBITDA
$6,067,999,744
Dividends per Share
$8.12
P/E Ratio
10.36
Forward P/E Ratio
9.65
Earnings per Share
$17.35
Earnings per Share Estimate Next Year
$20.28
Profit Margin
37.69%
Shares Outstanding
178,058,000
Percent Owned by Insiders
0.56%
Percent Owned by Institutions
93.39%
52-Week High
$183.96
52-Week Low
$115.11

Technical Indicators for Diamondback Energy Inc

50-Day Moving Average
$156.40
200-Day Moving Average
$148.68
RSI
76.51
4.48

Analyst Ratings for Diamondback Energy Inc

Strong Buy
16
Buy
5
Hold
3
Sell
2
Strong Sell
0

News About Diamondback Energy Inc

Feb 18, 2024, 6:00 AM EST
Diamondback Energy's (NASDAQ:FANG) stock is up by a considerable 19% over the past month. See more.
Feb 17, 2024, 10:00 AM EST
(Bloomberg) — This week’s $26 billion combination of two Texas oil companies is the latest in a series of deals that’s ushering in the era of Big Shale. See more.
Feb 16, 2024, 7:00 PM EST
Over the last year, several oil and gas majors have undergone high-profile mergers as we enter the era of the megamerger. See more.
Feb 16, 2024, 7:00 PM EST
For income investors looking at equity alternatives to fixed income securities, here are stocks that can beat bonds to consider holding. See more.
Feb 16, 2024, 5:27 PM EST
The stock market paused for a modest breather, but Nvidia, Walmart and Home Depot headline the coming week's earnings calendar. See more.