Diamondback Energy, Inc. (FANG)

US — Energy Sector
Peers: DVN  CTRA  EOG  COP  AR  CPE  ESTE  VTLE  PXD  OXY  APA  HES  EQT 

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Key Metrics & Ratings

  • symbol FANG
  • Rev/Share 44.387
  • Book/Share 144.1342
  • PB 1.0128
  • Debt/Equity 0.3616
  • CurrentRatio 0.859
  • ROIC 0.0611

 

  • MktCap 39311204400.0
  • FreeCF/Share -15.4793
  • PFCF -8.769
  • PE 9.8031
  • Debt/Assets 0.1985
  • DivYield 0.0389
  • ROE 0.1213

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 2
  • DCF Score 4
  • P/B Score 3
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Resumed FANG Evercore ISI -- Outperform -- $165 May 6, 2025
Resumed FANG RBC Capital Mkts -- Outperform -- $180 May 2, 2025
Upgrade FANG BofA Securities Neutral Buy -- $170 April 29, 2025
Upgrade FANG Citigroup Neutral Buy -- $180 April 7, 2025
Upgrade FANG Wolfe Research Peer Perform Outperform -- $190 Jan. 3, 2025
Resumed FANG Citigroup -- Neutral -- $195 Oct. 14, 2024
Upgrade FANG BMO Capital Markets Market Perform Outperform $205 $215 Oct. 4, 2024
Resumed FANG JP Morgan -- Overweight $167 $182 Oct. 2, 2024
Upgrade FANG Barclays Equal Weight Overweight $216 $210 Oct. 2, 2024
Resumed FANG Jefferies -- Hold -- $185 Sept. 16, 2024

News

Diamondback Energy, Inc. Announces Midland Basin Acquisition
FANG
Published: February 18, 2025 by: GlobeNewsWire
Sentiment: Neutral

MIDLAND, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco, LLC (“Double Eagle”) in exchange for approximately 6.9 million shares of Diamondback common stock and $3 billion of cash, subject to customary adjustments (the “Double Eagle Acquisition”). The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the Company's credit facility and/or proceeds from term loans and senior notes offerings.

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image for news Diamondback Energy, Inc. Announces Midland Basin Acquisition
Earnings Preview: Diamondback Energy (FANG) Q4 Earnings Expected to Decline
FANG
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Negative

Diamondback (FANG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Earnings Preview: Diamondback Energy (FANG) Q4 Earnings Expected to Decline
An Important Warning For Dividend Investors
AMLP, ARCC, ARE, BIP, BIPC, BIZD, BXP, BXSL, CEG, CVX, DVN, EPD, FANG, GBDC, MAIN, NVDA, O, PR, QQQ, REXR, SCHD, SPY, VNQ, VST, WPC
Published: February 17, 2025 by: Seeking Alpha
Sentiment: Negative

Dividend stocks may look cheap, but are they actually value traps? We uncover the truth. The REIT, energy, and BDC sectors face major headwinds—find out which stocks to avoid. Our high-yield strategy targets hidden gems while sidestepping the biggest pitfalls.

Read More
image for news An Important Warning For Dividend Investors
Final Trades: Toast, CME Group, Goldman Sachs and Diamondback Energy
CME, FANG
Published: February 14, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you their top stocks to watch for the second half.

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image for news Final Trades: Toast, CME Group, Goldman Sachs and Diamondback Energy
Diamondback in talks to buy Double Eagle for more than $5 billion, WSJ reports
FANG
Published: February 14, 2025 by: Reuters
Sentiment: Positive

Diamondback Energy is in talks to buy EnCap-backed Double Eagle, a big West Texas energy producer, for more than $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.

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image for news Diamondback in talks to buy Double Eagle for more than $5 billion, WSJ reports
Diamondback Energy (FANG) Outperforms Broader Market: What You Need to Know
FANG
Published: February 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Diamondback Energy (FANG) closed at $162.01 in the latest trading session, marking a +0.22% move from the prior day.

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image for news Diamondback Energy (FANG) Outperforms Broader Market: What You Need to Know

About Diamondback Energy, Inc. (FANG)

  • IPO Date 2012-10-12
  • Website https://www.diamondbackenergy.com
  • Industry Oil & Gas Exploration & Production
  • CEO Mr. Travis D. Stice
  • Employees 1983

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.