Diamondback Energy Inc

$201.47
(as of May 3, 3:59 PM EST)

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Ticker Information for Diamondback Energy Inc

Stock Price
$201.47
Ticker Symbol
FANG
Exchange
NASDAQ

Industry Information for Diamondback Energy Inc

Sector
Energy
Industry
Oil & Gas E&P

Company Description for Diamondback Energy Inc

Website
https://www.diamondbackenergy.com
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
$35,246,125,056
EBITDA
$6,296,000,000
Dividends per Share
$9.26
P/E Ratio
11.13
Forward P/E Ratio
11.52
Earnings per Share
$17.75
Earnings per Share Estimate Next Year
$20.41
Profit Margin
38.66%
Shares Outstanding
178,344,000
Percent Owned by Insiders
0.53%
Percent Owned by Institutions
93.88%
52-Week High
$211.96
52-Week Low
$118.12

Technical Indicators for Diamondback Energy Inc

50-Day Moving Average
$194.56
200-Day Moving Average
$164.62
RSI
45.45
ATR
4.41

Analyst Ratings for Diamondback Energy Inc

Strong Buy
15
Buy
7
Hold
3
Sell
0
Strong Sell
0

News About Diamondback Energy Inc

May 3, 2024, 2:41 PM EST
In this article, we will be taking a look at the 30 Most Profitable Companies with Highest Margins in the World. See more.
May 2, 2024, 8:00 PM EST
A potential economic slowdown could cause a dip in prices, but there are still oil and gas stocks to buy which will lead to long-term profits. See more.
May 2, 2024, 9:29 AM EST
Diamondback Energy, Inc. See more.
May 1, 2024, 1:30 PM EST
The folks who run Diamondback Energy apparently take the company’s name seriously. See more.
Apr 30, 2024, 4:14 PM EST
(Adds background in paragraph 4,5 and 6, details in paragraph 7) See more.