Diamondback Energy Inc FANG

Morningstar Rating
$181.29 +3.77 (2.12%)
View Full Chart

Company Report

Diamondback's Higher Costs Are Within Reason as It Pulls Back on Buybacks

Diamondback Energy was a modest-size oil and gas producer when it went public in 2012, but it has rapidly become one of the largest Permian-focused oil firms through a combination of organic growth and corporate acquisitions, most recently Endeavor Energy in 2024. The firm consistently ranks among the lowest-cost independent producers in the entire industry, supporting a maintainable margin advantage.

Price vs Fair Value

FANG is trading at a 435% premium.
Price
$181.29
Fair Value
$627.00
Uncertainty
High
1-Star Price
$913.80
5-Star Price
$661.50
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Diamondback is one of the lowest-cost oil producers operating in the United States.

Bears

Well productivity could decline when the best acreage is exhausted, pushing up break-evens over time.

News

Trading Information

Previous Close Price
$177.52
Day Range
$178.53183.30
52-Week Range
$143.08214.50
Bid/Ask
$181.29 / $181.50
Market Cap
$53.07 Bil
Volume/Avg
3.0 Mil / 1.7 Mil

Key Statistics

Price/Earnings (Normalized)
9.50
Price/Sales
3.49
Dividend Yield (Trailing)
5.94%
Dividend Yield (Forward)
5.94%
Total Yield
6.44%

Company Profile

Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Mid Value
Total Number of Employees
1,023

Competitors

Valuation

Metric
FANG
OXY
DVN
Price/Earnings (Normalized)
9.5014.907.19
Price/Book Value
1.852.042.03
Price/Sales
3.491.881.66
Price/Cash Flow
5.474.503.80
Price/Earnings
FANG
OXY
DVN

Financial Strength

Metric
FANG
OXY
DVN
Quick Ratio
3.620.590.91
Current Ratio
3.661.041.11
Interest Coverage
30.326.7913.00
Quick Ratio
FANG
OXY
DVN

Profitability

Metric
FANG
OXY
DVN
Return on Assets (Normalized)
12.21%4.68%14.62%
Return on Equity (Normalized)
22.10%15.67%30.07%
Return on Invested Capital (Normalized)
15.10%7.97%20.63%
Return on Assets
FANG
OXY
DVN

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Morningstar Rating for Stocks
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Economic Moat
Market Cap
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MRO
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