Daniel Wesson - Diamondback Energy Senior Vice President of Operations

FANG Stock  USD 196.53  2.28  1.17%   

President

Mr. Daniel N. Wesson is Senior Vice President of Operations of the company. Mr. Wesson has served as Senior Vice President of Operations since February 2019. Prior to his current position with us, he served as our Vice President of Operations from April 2017 to February 2019, our Completions Manager from January 2013 to April 2017 and as an Operations Engineer since joining us in February 2012. Before joining Diamondback, Mr. Wesson served in various operations and engineering roles for BOPCO from 2010 to 2012 and ConocoPhillips from 2007 to 2010 since 2019.
Age 39
Tenure 5 years
Address 500 West Texas Avenue, Midland, TX, United States, 79701
Phone432 221 7400
Webhttps://www.diamondbackenergy.com
Wesson received his BS degree in Mechanical Engineering from Louisiana State University and is a member of the Permian Basin Society of Petroleum Engineers.

Diamondback Energy Management Efficiency

The company has return on total asset (ROA) of 0.0983 % which means that it generated a profit of $0.0983 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2015 %, meaning that it created $0.2015 on every $100 dollars invested by stockholders. Diamondback Energy's management efficiency ratios could be used to measure how well Diamondback Energy manages its routine affairs as well as how well it operates its assets and liabilities. The Diamondback Energy's current Return On Capital Employed is estimated to increase to 0.18. The Diamondback Energy's current Return On Assets is estimated to increase to 0.11. At this time, Diamondback Energy's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Diamondback Energy's current Total Current Assets is estimated to increase to about 1.7 B, while Fixed Asset Turnover is projected to decrease to 0.16.
The company currently holds 6.8 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Diamondback Energy has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Diamondback Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Diamondback Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Diamondback Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diamondback to invest in growth at high rates of return. When we think about Diamondback Energy's use of debt, we should always consider it together with cash and equity.

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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. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas. Diamondback Energy operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 870 people. Diamondback Energy (FANG) is traded on NASDAQ Exchange in USA. It is located in 500 West Texas Avenue, Midland, TX, United States, 79701 and employs 1,023 people. Diamondback Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Diamondback Energy Leadership Team

Elected by the shareholders, the Diamondback Energy's board of directors comprises two types of representatives: Diamondback Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Diamondback. The board's role is to monitor Diamondback Energy's management team and ensure that shareholders' interests are well served. Diamondback Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Diamondback Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Hawkins, Senior Vice President—Land
Matt Zmigrosky, Executive Vice President General Counsel, Secretary
Matthew Hof, President CFO
Jeffrey White, VP of Operations
Jere III, Senior Development
Mark Plaumann, Independent Director
Randall Holder, Vice President General Counsel, Secretary
Kaes Hof, Senior Vice President—Strategy and Corporate Development
Kara BlubaughFew, Senior Vice President of Accounting and Controller
Steven West, Chairman of the Board
Russell Pantermuehl, VP of Reservoir Engineering
Jennifer Soliman, Chief Human Resource Officer, Senior Vice President
Michael Hollis, COO and VP
David Meek, Vice Resources
Paul Molnar, Vice President - Geoscience
Elizabeth Moses, VP of Bus. Devel. and Land
Al Barkmann, Vice President of Reservoir Engineering
Travis Stice, CEO and President and Director
Daniel Wesson, Senior Vice President of Operations
Joe Niederhofer, Senior Vice President of Midstream Operations
Teresa Dick, Executive Officer
Marc IV, Senior Affairs
Adam Lawlis, IR Contact Officer
Michael Cross, Independent Director
David Cannon, Senior Vice President of Geoscience and Technology
Greg Dolezal, VP Officer
Marc Dingler, Senior Vice President of Government Affairs and Deputy General Counsel
David Houston, Independent Director
Melanie Trent, Independent Director
Johnny Dossey, Vice Marketing

Diamondback Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Diamondback Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Diamondback Energy Investors Sentiment

The influence of Diamondback Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Diamondback. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Diamondback Energy's public news can be used to forecast risks associated with an investment in Diamondback. The trend in average sentiment can be used to explain how an investor holding Diamondback can time the market purely based on public headlines and social activities around Diamondback Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Diamondback Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Diamondback Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Diamondback Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Diamondback Energy.

Diamondback Energy Implied Volatility

    
  29.72  
Diamondback Energy's implied volatility exposes the market's sentiment of Diamondback Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Diamondback Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Diamondback Energy stock will not fluctuate a lot when Diamondback Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamondback Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamondback Energy's short interest history, or implied volatility extrapolated from Diamondback Energy options trading.

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When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Diamondback Energy's price analysis, check to measure Diamondback Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamondback Energy is operating at the current time. Most of Diamondback Energy's value examination focuses on studying past and present price action to predict the probability of Diamondback Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondback Energy's price. Additionally, you may evaluate how the addition of Diamondback Energy to your portfolios can decrease your overall portfolio volatility.
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Is Diamondback Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
8.12
Earnings Share
17.33
Revenue Per Share
44.217
Quarterly Revenue Growth
0.113
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.