NASDAQ:FANG - Diamondback Energy Stock Price, Price Target & More

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$131.15 -0.94 (-0.71 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$131.15
Today's Range$130.00 - $133.02
52-Week Range$85.73 - $138.25
Volume885,844 shs
Average Volume1.14 million shs
Market Capitalization$12.93 billion
P/E Ratio22.12
Dividend Yield0.38%
Beta0.73
Diamondback Energy logoDiamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. Its activities are primarily focused on the Wolfcamp, Spraberry, Clearfork, Bone Spring, and Cline formations. As of December 31, 2017, the company's net acreage position was approximately 206,660 acres in the Permian Basin; and estimated proved oil and natural gas reserves were 335,352 thousand barrels of crude oil equivalent. It also held working interests in 1,166 gross producing wells, as well as royalty interests in 64 additional wells. In addition, the company, through its subsidiary, Viper Energy Partners LP, owns mineral interests in approximately 247,602 gross acres primarily in Midland County, Texas. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNASDAQ:FANG
CUSIP25278X10
Phone432-221-7400

Debt

Debt-to-Equity Ratio0.30
Current Ratio0.53
Quick Ratio0.52

Price-To-Earnings

Trailing P/E Ratio22.12
Forward P/E Ratio19.46
P/E Growth0.73

Sales & Book Value

Annual Sales$1.21 billion
Price / Sales10.73
Cash Flow$8.6397 per share
Price / Cash15.18
Book Value$56.86 per share
Price / Book2.31

Profitability

EPS (Most Recent Fiscal Year)$5.30
Net Income$516.75 million
Net Margins35.09%
Return on Equity10.53%
Return on Assets7.77%

Miscellaneous

Employees251
Outstanding Shares98,610,000
Market Cap$12,932.83

Diamondback Energy (NASDAQ:FANG) Frequently Asked Questions

What is Diamondback Energy's stock symbol?

Diamondback Energy trades on the NASDAQ under the ticker symbol "FANG."

How often does Diamondback Energy pay dividends? What is the dividend yield for Diamondback Energy?

Diamondback Energy declared a special dividend on Wednesday, May 9th. Stockholders of record on Monday, May 21st will be given a dividend of $0.125 per share on Tuesday, May 29th. The ex-dividend date is Friday, May 18th. View Diamondback Energy's Dividend History.

How were Diamondback Energy's earnings last quarter?

Diamondback Energy Inc (NASDAQ:FANG) released its quarterly earnings results on Tuesday, May, 8th. The oil and natural gas company reported $1.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.59 by $0.05. The oil and natural gas company earned $480.20 million during the quarter, compared to analyst estimates of $445.78 million. Diamondback Energy had a return on equity of 10.53% and a net margin of 35.09%. The business's revenue was up 104.1% on a year-over-year basis. During the same quarter last year, the company posted $1.04 EPS. View Diamondback Energy's Earnings History.

When is Diamondback Energy's next earnings date?

Diamondback Energy is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Diamondback Energy.

What price target have analysts set for FANG?

26 brokerages have issued 12-month price targets for Diamondback Energy's stock. Their predictions range from $118.00 to $181.00. On average, they anticipate Diamondback Energy's share price to reach $146.92 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Ratings for Diamondback Energy.

What is the consensus analysts' recommendation for Diamondback Energy?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last year. There are currently 2 hold ratings and 24 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Diamondback Energy stock?

Here are some recent quotes from research analysts about Diamondback Energy stock:
  • 1. Williams Capital analysts commented, "We believe this is a s olid well that provides upside to our RNAV." (5/9/2018)
  • 2. According to Zacks Investment Research, "Diamondback Energy, Inc. is an oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The Company's activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. Diamondback Energy, Inc. is headquartered in Midland, Texas. " (1/18/2018)

Who are some of Diamondback Energy's key competitors?

Who are Diamondback Energy's key executives?

Diamondback Energy's management team includes the folowing people:
  • Mr. Travis D. Stice, CEO & Director (Age 56)
  • Mr. Michael L. Hollis, Pres, COO & Director (Age 43)
  • Ms. Teresa L. Dick, Exec. VP, CFO & Assistant Sec. (Age 48)
  • Mr. Russell D. Pantermuehl, Exec. VP of Reservoir Engineering (Age 58)
  • Mr. Paul S. Molnar, Exec. VP of Exploration & Bus. Devel. (Age 62)

Has Diamondback Energy been receiving favorable news coverage?

Media coverage about FANG stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Diamondback Energy earned a news sentiment score of 0.06 on Accern's scale. They also gave media stories about the oil and natural gas company an impact score of 45.69 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Diamondback Energy's major shareholders?

Diamondback Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.18%), Fisher Asset Management LLC (0.12%), Vigilant Capital Management LLC (0.10%), CENTRAL TRUST Co (0.05%), First National Bank of Omaha (0.04%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%). Company insiders that own Diamondback Energy stock include Elizabeth Moses, Hof Matthew Kaes Van't, Jennifer Soliman, Mark Lawrence Plaumann, Michael L Hollis, Paul Molnar, Randall J Holder, Russell Pantermuehl, Steven E West, Teresa L Dick and Travis D Stice. View Institutional Ownership Trends for Diamondback Energy.

Which institutional investors are selling Diamondback Energy stock?

FANG stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Miller Howard Investments Inc. NY, Essex Investment Management Co. LLC, Amalgamated Bank, Fjarde AP Fonden Fourth Swedish National Pension Fund, CENTRAL TRUST Co, MHI Funds LLC and State of Alaska Department of Revenue. Company insiders that have sold Diamondback Energy company stock in the last year include Hof Matthew Kaes Van't, Jennifer Soliman, Michael L Hollis, Paul Molnar, Randall J Holder, Russell Pantermuehl, Teresa L Dick and Travis D Stice. View Insider Buying and Selling for Diamondback Energy.

Which institutional investors are buying Diamondback Energy stock?

FANG stock was bought by a variety of institutional investors in the last quarter, including Vigilant Capital Management LLC, Fisher Asset Management LLC, Nikko Asset Management Americas Inc., Peregrine Capital Management LLC, Bright Rock Capital Management LLC, DnB Asset Management AS, Nisa Investment Advisors LLC and Columbia Partners L L C Investment Management. View Insider Buying and Selling for Diamondback Energy.

How do I buy shares of Diamondback Energy?

Shares of FANG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Diamondback Energy's stock price today?

One share of FANG stock can currently be purchased for approximately $131.15.

How big of a company is Diamondback Energy?

Diamondback Energy has a market capitalization of $12.93 billion and generates $1.21 billion in revenue each year. The oil and natural gas company earns $516.75 million in net income (profit) each year or $5.30 on an earnings per share basis. Diamondback Energy employs 251 workers across the globe.

How can I contact Diamondback Energy?

Diamondback Energy's mailing address is 500 West Texas Suite 1200, Midland TX, 79701. The oil and natural gas company can be reached via phone at 432-221-7400 or via email at [email protected]


MarketBeat Community Rating for Diamondback Energy (NASDAQ FANG)

Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  873 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  1,258
MarketBeat's community ratings are surveys of what our community members think about Diamondback Energy and other stocks. Vote "Outperform" if you believe FANG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FANG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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