FADiamondback 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
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