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Diamondback Energy Inc

FANG.O

Latest Trade

33.77USD

Change

-0.02(-0.06%)

Volume

4,800,920

Today's Range

32.99

 - 

34.00

52 Week Range

14.55

 - 

99.84

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
33.79
Open
33.49
Volume
4,800,920
3M AVG Volume
52.64
Today's High
34.00
Today's Low
32.99
52 Week High
99.84
52 Week Low
14.55
Shares Out (MIL)
157.82
Market Cap (MIL)
5,193.99
Forward P/E
13.43
Dividend (Yield %)
4.56

Next Event

Q3 2020 Diamondback Energy Inc Earnings Release

Latest Developments

More

Diamondback Energy Reports Q2 Loss Per Share $15.17

Diamondback Energy Inc Sees Q2 2020 Average Production Of 176.3 MBO/D (294.1 MBOE/D)

Diamondback Energy Prices Offering Of Senior Notes

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About Diamondback Energy Inc

Diamondback Energy, Inc. is an independent oil and natural gas company. The Company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2016, the Company's total net acreage position in the Permian Basin was approximately 105,894 net acres. As of December 31, 2016, the Company, through its subsidiary, Viper Energy Partners LP (Viper), owned mineral interests underlying approximately 107,568 gross acres primarily in Midland County, Texas in the Permian Basin. The Permian Basin area covers a portion of western Texas and eastern New Mexico. The Company's reserves are located in the Permian Basin of West Texas, in particular in the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. The Company refers to the Clearfork, Spraberry, Wolfcamp, Strawn and Atoka formations collectively as the Wolfberry play.

Industry

Oil & Gas Operations

Contact Info

500 WEST TEXAS, SUITE 1200

MIDLAND, TX

79701

United States

+1.405.4636900

https://ir.diamondbackenergy.com/

Executive Leadership

Steven E. West

Independent Chairman of the Board

Travis D. Stice

Chief Executive Officer, Director

Kaes Van't Hof

Chief Financial Officer and Executive Vice President - Business Development

Jennifer Soliman

Chief Human Resource Officer, Executive Vice President

Teresa L. Dick

Executive Vice President, Chief Accounting Officer, Assistant Secretary

Key Stats

1.85 mean rating - 33 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

1.2K

2018

2.2K

2019

4.0K

2020(E)

2.8K
EPS (USD)

2017

5.180

2018

5.870

2019

6.930

2020(E)

2.546
Price To Earnings (TTM)
--
Price To Sales (TTM)
1.53
Price To Book (MRQ)
0.48
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
55.55
LT Debt To Equity (MRQ)
55.55
Return on Investment (TTM)
-15.89
Return on Equity (TTM)
-14.13

Latest News

Latest News

UPDATE 1-Diamondback Energy posts Q2 loss on $2.54 bln charge due to oil plunge

Diamondback Energy Inc on Monday posted a quarterly loss from a year-ago profit, as the Permian basin producer took a $2.54 billion impairment charge against its oil and gas properties after crude prices plummeted.

Diamondback Energy posts Q2 loss on $2.54 bln charge due to oil plunge

Permian basin producer Diamondback Energy Inc on Monday posted a quarterly loss from a year-ago profit, as it took a $2.54 billion impairment charge against its oil and gas properties after crude prices plummeted.

UPDATE 1-Shale producer Diamondback Energy cuts 2020 production forecast

Shale producer Diamondback Energy Inc on Tuesday cut its 2020 production forecast due to higher-than-expected curtailed volumes in the second quarter and volatile oil prices.

Diamondback Energy cuts 2020 production forecast

Shale producer Diamondback Energy Inc on Tuesday cut its 2020 production forecast due to higher-than-expected curtailed volumes in the second quarter and volatile oil prices.

Shale producers Diamondback, Parsley to cut May oil output

Diamondback Energy Inc <FANG.O> and Parsley Energy <PE.N> topped Wall Street profit estimates on Monday and said they plan to cut expected May oil output as the shale producers battle an unprecedented slump in oil prices and a global supply glut.

Diamondback Energy reports quarterly loss on $1 billion charge

Shale producer Diamondback Energy Inc reported a first-quarter loss on Monday due to a $1 billion charge and said it would cut 10% to 15% of expected May oil output as it battles an unprecedented slump in oil prices.

UPDATE 1-Diamondback Energy cuts 2020 production forecast

Oil and gas producer Diamondback Energy Inc cut its full-year 2020 production forecast by about 5% on Tuesday as it curtailed drilling activity and curbed spending to cope with a slump in oil prices.

Diamondback Energy cuts 2020 production forecast

Oil and gas producer Diamondback Energy Inc on Tuesday cut its full-year 2020 production forecast by about 5% as it curtailed drilling activity and curbed spending to cope with a slump in oil prices.

UPDATE 3-Shale producers Diamondback, Parsley to cut drilling as oil prices tumble

U.S. shale producers Diamondback Energy Inc and Parsley Energy Inc said they would scale back drilling as crude prices extended their free fall, marking on Monday their biggest daily plunge since the 1991 Gulf War.

Diamondback Energy cuts drilling activity on weaker oil prices

Oil and gas producer Diamondback Energy Inc said on Monday it was reducing drilling activity immediately and expects to drop two rigs in April 2020 and a third later in the second quarter of 2020 as a result of weak oil prices.

Shares of shale firms Concho, Diamondback, Devon rise on dividend hike 'fireworks'

Shares of U.S. shale producers Concho Resources <CXO.N>, Devon Energy <DVN.N> and Diamondback Energy <FANG.O> rose on Wednesday after the companies hiked dividends and posted profits that beat Wall Street expectations.

Concho, Devon to spend less in 2020 as investors press for returns

Shale producers Concho Resources Inc <CXO.N> and Devon Energy Corp <DVN.N> reined in spending plans for the year as investors try to save cash in the backdrop of weak oil and gas prices.

Diamondback Energy beats output estimates as well spacing troubles ease

Diamondback Energy Inc <FANG.O> beat analysts' estimates for fourth-quarter production on Tuesday, as the Permian Basin-focused oil and gas producer benefited from an easing in well spacing issues that pressured the previous quarter.

Diamondback Energy quarterly production rises 65%

U.S. oil and gas producer Diamondback Energy Inc said on Tuesday its average daily production in the fourth quarter rose 65%.

Diamondback Energy shares plunge on lower oil output

Shares of Diamondback Energy Inc plummeted 13% on Wednesday after the company reported a dip in third-quarter oil output, raising fresh concerns about well spacing in the top U.S. shale basin.

Diamondback Energy shares plunge on lower oil output

Shares of Diamondback Energy Inc plummeted 13% on Wednesday after the oil and gas firm disclosed a dip in third-quarter oil output, raising fresh concerns about well spacing in the top U.S. shale basin.

Permian producer Diamondback misses on profit, shares plunge

Permian producer Diamondback Energy Inc on Tuesday missed Wall Street estimates for quarterly profit on the back of lower oil and gas prices, sending its shares down 12% after hours.

Permian producer Diamondback's adjusted profit dips 13% on lower prices

Permian producer Diamondback Energy Inc reported a 13% fall in adjusted quarterly profit, hurt by lower oil and gas prices.

Diamondback Energy profit rises 77% on higher production

Diamondback Energy Inc reported a 77% rise in quarterly adjusted profit on Tuesday, as the Permian-basin focused oil producer benefited from higher output.

Texas shale pioneers struggle to appease investors, compete with majors

Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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