Diamondback Energy, Inc. (FANG)

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Company Performance

Current Price

as of Sep 17, 2024

$179.77

P/E Ratio

9.29

Market Cap

$53.16B

Description

Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.

Metrics

Overview

  • HQMidland, TX
  • SectorEnergy Minerals
  • IndustryOil & Gas Production
  • TickerFANG
  • Price$179.77+2.84%

Trading Information

  • Market Cap$53.16B
  • Float60.44%
  • Average Daily Volume (1m)1,469,212
  • Average Daily Volume (3m)1,403,005
  • EPS$19.35

Company

  • Revenue$9.28B
  • Rev Growth (1yr)29.39%
  • Net Income$831.00M
  • Gross Margin49.30%
  • EBITDA Margin66.13%
  • EBITDA$1.64B
  • EV$41.85B
  • EV/Revenue4.51
  • P/E9.29
  • P/S3.46