Diamondback Energy Stock Today
| FANG Stock | USD 154.94 1.88 1.23% |
Performance0 of 100
| Odds Of DistressLess than 10
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Diamondback Energy is trading at 154.94 as of the 22nd of December 2024. This is a 1.23 percent increase since the beginning of the trading day. The stock's lowest day price was 152.0. Diamondback Energy has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Note, on November 15, 2024, Representative Greg Landsman of US Congress acquired $15k to $50k worth of Diamondback Energy's common stock.
Business Domain Energy | IPO Date 12th of October 2012 |
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. The company has 291.99 M outstanding shares of which 5.5 M shares are currently shorted by private and institutional investors with about 2.69 trading days to cover. More on Diamondback Energy
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Diamondback Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO and President and Director | Travis Stice | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Petroleum and Natural Gas (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Granite FAANG | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, SP 500 Index, Dow Jones Oil, Nasdaq 100, NASDAQ 100 Pre, ARCA Oil, SP OIL GAS, NASDAQ Composite, NASDAQ Composite Total, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsDiamondback Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Diamondback Energy's financial leverage. It provides some insight into what part of Diamondback Energy's total assets is financed by creditors.
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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. The company currently falls under 'Large-Cap' category with a current market capitalization of 45.24 B. Diamondback Energy conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 291.99 M outstanding shares of which 5.5 M shares are currently shorted by private and institutional investors with about 2.69 trading days to cover.
Diamondback Energy currently holds about 27 M in cash with 5.92 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check Diamondback Energy Probability Of Bankruptcy
Ownership AllocationDiamondback Energy holds a total of 291.99 Million outstanding shares. Over half of Diamondback Energy's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. On November 15, 2024, Representative Greg Landsman of US Congress acquired $15k to $50k worth of Diamondback Energy's common stock.
Check Diamondback Ownership Details
Diamondback Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Wellington Management Company Llp | 2024-09-30 | 2.9 M | |
| Amvescap Plc. | 2024-09-30 | 2.7 M | |
| Pacer Advisors, Inc. | 2024-09-30 | 2.7 M | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.4 M | |
| Diamond Hill Capital Management Inc | 2024-09-30 | 2.2 M | |
| Massachusetts Financial Services Company | 2024-09-30 | 2 M | |
| Northern Trust Corp | 2024-09-30 | 1.9 M | |
| Goldman Sachs Group Inc | 2024-09-30 | 1.7 M | |
| Legal & General Group Plc | 2024-09-30 | 1.6 M | |
| Vanguard Group Inc | 2024-09-30 | 23.5 M | |
| Blackrock Inc | 2024-06-30 | 14.9 M |
Diamondback Energy Historical Income Statement
Diamondback Stock Against Markets
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 closely tied 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Oil & Gas Exploration & Production space 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 (0.37) | Dividend Share 8.29 | Earnings Share 17.33 | Revenue Per Share 49.46 | Quarterly Revenue Growth 0.087 |
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.