Key Stats
Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.
Stock Score/grades
The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
- Altman Z Score 1.58
- Piotroski Score 4.00
- Grade Overweight
- Symbol (FANG)
- Company Diamondback Energy, Inc.
- Price $181.37
- Changes Percentage (0.69%)
- Change $1.25
- Day Low $180.00
- Day High $182.45
- Year High $214.50
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. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 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.
- Last Earnings 11/04/2024
- Ex-Dividend for 5/16 Dividend 11/14/2024
- Dividend Payable 11/21/2024
- Today N/A
- Next Earnings (Estimated) 02/18/2025
- Fiscal Year End N/A
- Average Stock Price Target $198.00
- High Stock Price Target $238.00
- Low Stock Price Target $121.00
- Potential Upside/Downside N/A
- Consensus Rating Neutral
- Rating Score (0-4) N/A
- Research Coverage N/A
- EPS (Most Recent Fiscal Year) $17.75
- Trailing P/E Ratio 10.72
- Forward P/E Ratio 10.72
- P/E Growth 10.72
- Net Income $3.14 B
Income Statement
Quarterly
Annual
Latest News of FANG
The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
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Diamondback Energy, Inc. (FANG) Stock Price, News, Quote & History
Occidental Petroleum, backed by Warren Buffett, is focusing on debt reduction and balance sheet cleanup. Analysts expect a 37% drop in Q3 profits, with earnings per share predicted at 74 cents. The co...
By Yahoo! Finance | 1 week ago -
Beyond the Balance Sheet: What SWOT Reveals About Diamondback Energy Inc (FANG)
Diamondback Energy Inc (NASDAQ:FANG) reported strong financial performance in its 10-Q report, showcasing robust revenue from oil sales despite geopolitical threats and environmental regulations....
By Yahoo! Finance | 1 week ago -
Diamondback Energy (FANG) Q3 2024 Earnings Call Transcript
Diamondback Energy reported strong Q3 2024 results with improvements in drilling and completion efficiencies, leading to lower costs. The company plans to maintain flexibility in its 2025 plan based o...
By Yahoo! Finance | 2 weeks ago