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Diamondback Energy Inc FANG

Morningstar Rating
$200.76 +0.96 (0.48%)
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Company Report

Diamondback Deal to Acquire Endeavor Is a Solid One

Diamondback Energy was a modest-size oil and gas producer when it went public in 2012, but it has rapidly become one of the largest Permian-focused oil firms through a combination of organic growth and corporate acquisitions, most recently Endeavor Energy in 2024. The firm consistently ranks among the lowest-cost independent producers in the entire industry, supporting a maintainable margin advantage.

Price vs Fair Value

FANG is trading within a range we consider fairly valued.
Price
$200.76
Fair Value
$227.00
Uncertainty
High
1-Star Price
$852.70
5-Star Price
$156.20
Economic Moat
Zyklq
Capital Allocation
Nzlrlwyjj

Bulls Say, Bears Say

Bulls

Diamondback is one of the lowest-cost oil producers operating in the United States.

Bears

Well productivity could decline when the best acreage is exhausted, pushing up break-evens over time.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
$199.80
Day Range
$197.73201.32
52-Week Range
$142.71214.50
Bid/Ask
$198.89 / $203.00
Market Cap
$35.80 Bil
Volume/Avg
775,693 / 1.4 Mil

Key Statistics

Price/Earnings (Normalized)
10.82
Price/Sales
4.15
Dividend Yield (Trailing)
4.61%
Dividend Yield (Forward)
4.61%
Total Yield
6.32%

Company Profile

Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Mid Value
Total Number of Employees
1,023

Competitors

Valuation

Metric
FANG
DVN
OXY
Price/Earnings (Normalized)
10.828.5818.71
Price/Book Value
2.112.412.38
Price/Sales
4.151.972.14
Price/Cash Flow
6.294.495.28
Price/Earnings
FANG
DVN
OXY

Financial Strength

Metric
FANG
DVN
OXY
Quick Ratio
0.870.860.52
Current Ratio
0.921.040.95
Interest Coverage
25.7112.346.61
Quick Ratio
FANG
DVN
OXY

Profitability

Metric
FANG
DVN
OXY
Return on Assets (Normalized)
11.70%14.30%4.28%
Return on Equity (Normalized)
20.54%29.77%14.61%
Return on Invested Capital (Normalized)
14.66%20.25%7.35%
Return on Assets
FANG
DVN
OXY
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Oil & Gas E&P Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ConocoPhillips
COP
QzcbcrwjQrkkrd$129.1 Bil
EOG Resources Inc
EOG
RpnvphmbrJbcpkvj$73.1 Bil
Occidental Petroleum Corp
OXY
TdtzgdjBxnpn$53.7 Bil
Hess Corp
HES
LhdbckhffxYslnnhj$46.3 Bil
Devon Energy Corp
DVN
MtmtsrdkdtNlvtqv$29.1 Bil
EQT Corp
EQT
KczbfdclScdj$20.4 Bil
Marathon Oil Corp
MRO
ShlfndfjfBcjf$15.6 Bil
APA Corp
APA
QcvcfrbdBqmxg$11.6 Bil
Antero Resources Corp
AR
YymbrcmtNdgzm$9.2 Bil

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