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Diamondback Energy, Inc. FANG · NASDAQ

$203.95 +4.27% (+$8.35)

Market cap
$57.1B
Enterprise value
$69.3B
P/E
36.0x
Forward P/E
9.8x
PEG
-
P/S
3.3x
P/FCF
8.8x
EV/EBITDA
9.7x
ROIC
5.9%
Gross margin
44.5%
Net margin
9.3%
Dividend yield
2.08%
Payout ratio
75.0%
Net debt/EBITDA
1.7x
Beta
0.41
Free float
76.2%

About the company

Diamondback Energy, Inc. (FANG) is an American energy company focused on exploration, production, and development of oil and natural gas resources. The company has assets primarily in oil and gas basins in the United States, such as the Permian Basin, Eagle Ford Shale, and Haynesville Shale. Diamondback Energy emphasizes on utilizing modern technologies and practices to maximize oil and gas production while reducing extraction costs. Their strategy includes acquiring additional coal projects and expanding production capacity. The company actively seeks new oil and gas resources and increases oil and gas reserves. Diamondback Energy is a significant player in the oil and gas industry and prioritizes sustainability and environmental responsibility. Shares of Diamondback Energy, Inc. (FANG) could represent an intriguing investment opportunity for those who believe in the growing demand for oil and gas resources and the outlook of the energy sector.

Sector

Energy

Industry

Oil & Gas Exploration & Production

CEO

Matthew Kaes Van't Hof

Employees

1,762

Headquarters

Midland

Valuation

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Growth and estimates

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Profitability and quality

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Financial health

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Capital and dividends

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Analysts

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Owners and insiders

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Segments

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Peer comparison

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Price and risk

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Statements

Every number

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