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Diamondback Energy (FANG) Competitors

$200.76
+0.96 (+0.48%)
(As of 07/26/2024 ET)

FANG vs. CLR, OXY, CXO, APA, COP, EOG, DVN, MRO, EQT, and RRC

Should you be buying Diamondback Energy stock or one of its competitors? The main competitors of Diamondback Energy include Continental Resources (CLR), Occidental Petroleum (OXY), Concho Resources (CXO), APA (APA), ConocoPhillips (COP), EOG Resources (EOG), Devon Energy (DVN), Marathon Oil (MRO), EQT (EQT), and Range Resources (RRC). These companies are all part of the "oils/energy" sector.

Diamondback Energy vs.

Diamondback Energy (NASDAQ:FANG) and Continental Resources (NYSE:CLR) are both large-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, institutional ownership, dividends, risk, earnings, media sentiment, analyst recommendations, community ranking and profitability.

Diamondback Energy currently has a consensus target price of $209.65, indicating a potential upside of 4.43%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Diamondback Energy
1 Sell rating(s)
5 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.71
Continental Resources
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Diamondback Energy pays an annual dividend of $3.60 per share and has a dividend yield of 1.8%. Continental Resources pays an annual dividend of $1.12 per share. Diamondback Energy pays out 20.3% of its earnings in the form of a dividend. Continental Resources pays out 11.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Continental Resources has a net margin of 40.29% compared to Diamondback Energy's net margin of 36.71%. Continental Resources' return on equity of 43.58% beat Diamondback Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Diamondback Energy36.71% 19.36% 11.62%
Continental Resources 40.29%43.58%19.13%

Diamondback Energy received 154 more outperform votes than Continental Resources when rated by MarketBeat users. Likewise, 78.02% of users gave Diamondback Energy an outperform vote while only 64.93% of users gave Continental Resources an outperform vote.

CompanyUnderperformOutperform
Diamondback EnergyOutperform Votes
1352
78.02%
Underperform Votes
381
21.98%
Continental ResourcesOutperform Votes
1198
64.93%
Underperform Votes
647
35.07%

In the previous week, Diamondback Energy had 21 more articles in the media than Continental Resources. MarketBeat recorded 21 mentions for Diamondback Energy and 0 mentions for Continental Resources. Diamondback Energy's average media sentiment score of 0.94 beat Continental Resources' score of 0.00 indicating that Diamondback Energy is being referred to more favorably in the media.

Company Overall Sentiment
Diamondback Energy Positive
Continental Resources Neutral

Diamondback Energy has higher revenue and earnings than Continental Resources. Continental Resources is trading at a lower price-to-earnings ratio than Diamondback Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Diamondback Energy$8.41B4.26$3.14B$17.7411.32
Continental Resources$5.72B0.00$1.66B$9.84N/A

90.0% of Diamondback Energy shares are held by institutional investors. Comparatively, 13.4% of Continental Resources shares are held by institutional investors. 0.5% of Diamondback Energy shares are held by company insiders. Comparatively, 58.6% of Continental Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Diamondback Energy has a beta of 1.9, meaning that its share price is 90% more volatile than the S&P 500. Comparatively, Continental Resources has a beta of 2.32, meaning that its share price is 132% more volatile than the S&P 500.

Summary

Diamondback Energy beats Continental Resources on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FANG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FANG vs. The Competition

MetricDiamondback EnergyCrude petroleum & natural gas IndustryEnergy SectorNASDAQ Exchange
Market Cap$35.80B$8.71B$8.20B$8.21B
Dividend Yield1.81%23.56%11.70%3.97%
P/E Ratio11.3215.7416.0218.66
Price / Sales4.265.5171.1091.84
Price / Cash7.107.029.1334.11
Price / Book2.061.873.794.51
Net Income$3.14B$1.22B$961.59M$216.36M
7 Day Performance-2.29%-0.86%-0.14%1.82%
1 Month Performance0.79%1.21%1.53%7.09%
1 Year Performance39.08%-2.81%353.20%4.89%

Diamondback Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CLR
Continental Resources
0 of 5 stars
0.00 / 5 stars
N/AN/AN/A$26.96B$5.72B7.551,254Analyst Forecast
OXY
Occidental Petroleum
4.5607 of 5 stars
4.56 / 5 stars
$60.55
+0.0%
$72.31
+19.4%
-3.7%$53.69B$28.92B16.5412,570Dividend Announcement
Analyst Revision
CXO
Concho Resources
0 of 5 stars
0.00 / 5 stars
$65.60
flat
N/AN/A$12.88B$4.59B-1.251,453Gap Up
High Trading Volume
APA
APA
4.4222 of 5 stars
4.42 / 5 stars
$31.21
-0.2%
$38.86
+24.5%
-22.0%$11.58B$8.19B3.492,271Upcoming Earnings
COP
ConocoPhillips
4.8441 of 5 stars
4.84 / 5 stars
$110.86
-0.2%
$143.24
+29.2%
-5.1%$129.65B$55.18B12.559,900Upcoming Earnings
Short Interest ↑
EOG
EOG Resources
4.5687 of 5 stars
4.57 / 5 stars
$127.20
+0.1%
$143.20
+12.6%
-1.6%$73.10B$24.19B10.053,050Upcoming Earnings
Analyst Revision
News Coverage
DVN
Devon Energy
4.9945 of 5 stars
4.99 / 5 stars
$46.35
+0.2%
$59.13
+27.6%
-12.8%$29.29B$15.26B8.851,900Analyst Forecast
MRO
Marathon Oil
4.7214 of 5 stars
4.72 / 5 stars
$27.88
0.0%
$32.14
+15.3%
+6.8%$15.73B$6.70B11.521,681Analyst Forecast
News Coverage
EQT
EQT
4.7879 of 5 stars
4.79 / 5 stars
$34.33
-0.1%
$45.50
+32.6%
-17.3%$15.16B$6.91B24.87881Earnings Report
Analyst Upgrade
Analyst Revision
News Coverage
RRC
Range Resources
4.7864 of 5 stars
4.79 / 5 stars
$31.80
+0.7%
$37.15
+16.8%
+2.3%$7.70B$3.37B16.14548Earnings Report
Analyst Forecast
News Coverage

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This page (NASDAQ:FANG) was last updated on 7/27/2024 by MarketBeat.com Staff

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