Diamondback Energy, Inc.

US$178.96As of Sun 8 Nov 2026, 12:00 UTC

NASDAQ:FANGEnergy

Country USA

PE (Fwd) •••

TSR 10Y CAGR 9.91%

Div yield 2.64%

ROE 4.86%

Oil & Gas Exploration & Production

Beta (5Y) 0.47

PE TTM 24.78

TSR TTM 27.99%

Mkt cap US$49.96B

ROIC 3.45%

SE Grade™

Value

Quality

Moat

Consensus

Reference

$195

9.16%

(26.63%)

Hold 3|9|5|5|10

TTM

FYE 31 Dec USD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

3.687

Revenue$B

6.408

6.715

7.116

7.467

7.680

8.197

8.434

8.951

9.152

9.732

4.088

4.85%

4.88%

27.35

Revenue growth%

19.87

22.17

23.04

22.84

25.35

23.35

23.72

23.26

20.98

22.47

14.36

23.26

22.94

27.55

Gross margin%

8.61

8.56

7.41

4.42

3.38

2.87

2.77

1.48

0.40

2.95

16.12

2.77

3.17

11.77

Operating margin%

28.05

26.41

28.38

29.45

30.95

31.40

31.37

33.51

36.33

35.52

16.10

33.51

31.16

28.96

Net margin%

24.29

25.21

23.31

24.44

26.71

27.33

26.58

25.90

25.67

27.84

18.81

26.58

25.79

20.45

P/E ratio (avg)x

31.09

31.21

30.47

29.90

33.21

30.55

34.14

31.61

28.46

29.01

25.55

30.55

30.82

30.37

EV/EBITx

12.24

12.91

13.71

13.88

14.20

13.49

13.98

15.25

16.71

18.42

29.59

15.25

13.93

27.62

FCF yield (avg)%

7.92

8.45

11.06

12.13

11.72

12.90

15.27

16.42

13.89

12.42

21.52

13.89

12.28

4.52

FCF margin%

10.39

8.69

11.40

14.31

14.61

15.86

16.21

16.33

18.45

20.92

17.53

16.33

15.23

0.149

FCF / Net incomex

1.089

1.194

1.247

1.261

1.176

1.099

1.140

1.243

1.277

1.444

0.646

1.243

1.219

15.32

ROIC%

31.14

33.83

31.18

28.89

29.88

32.63

30.05

32.98

32.84

35.25

16.35

32.84

31.91

2.69

Return on equity%

13.82

16.56

15.43

14.53

16.05

15.21

17.55

16.16

14.81

14.97

3.65

15.21

15.32

27.33

Return on assets%

9.25

10.36

8.04

7.28

6.75

8.48

6.35

6.18

4.75

6.13

25.64

6.18

7.02

20.09

EPS$

10.99

11.58

12.70

11.84

12.20

13.11

13.47

13.81

12.64

13.93

21.66

2.68%

3.37%

—

19.64

EPS growth%

24.52

25.40

27.58

25.96

28.73

31.40

29.78

31.68

33.44

30.47

12.98

31.40

29.25

6.15

Bookvalue per sh$

13.41

15.59

15.21

14.53

15.10

16.61

18.50

19.33

20.24

19.72

6.56

5.48%

3.80%

—

14.18

FCF per share$

13.61

14.79

15.99

17.26

16.52

15.98

14.86

14.42

15.55

17.45

14.91

1.10%

2.65%

—

6.50

Dividend per sh$

22.22

25.63

29.19

33.95

37.83

42.94

45.39

48.78

52.38

59.67

12.13

9.54%

9.85%

—

6.22

Div yield (avg)%

22.64

21.34

19.25

22.22

24.39

26.89

28.25

29.72

27.04

29.90

28.34

28.25

25.64

13.56

Payout ratio%

12.83

11.20

8.57

10.62

13.48

15.11

12.47

14.79

11.84

14.75

12.17

14.75

12.65

278.8

Shares (diluted)M

308.0

343.0

367.8

355.9

328.9

338.2

322.8

325.9

296.3

336.5

286.1

0.46%

1.94%

8.21

Buyback yield%

21.67

20.03

21.48

20.61

20.08

21.10

19.88

18.82

19.67

19.50

8.47

19.67

20.05

1.560

D/E ratiox

0.997

1.024

1.090

1.088

1.286

1.405

1.480

1.482

1.719

1.681

0.408

1.482

1.346

2.705

Enterprise value$B

3.107

3.266

3.893

4.001

4.416

4.955

5.460

6.373

7.243

7.817

2.756

12.10%

10.66%

3.493

LT debt$B

10.73

10.94

12.76

14.22

15.77

16.12

15.20

16.49

18.67

21.26

5.906

6.16%

6.83%

Peers (US$49.96B)

Cap (US$)

EOG Resources, Inc.

76.28B

9.543x

Occidental Petroleum…

56.36B

8.656x

Devon Energy Corporati…

48.11B

9.786x

Woodside Energy Group…

40.14B

13.25x

Capital

TTM

10Y

Leveragex

0.196

(0.088)

(0.076)

EBIT/Intx

0.129

7.578

5.476

Own earn%

119.48

(9.41)

(9.85)

Sh yield%

14.43

48.13

45.59

Owners

Insiders/Inst%

5.52

40.75

Short interest%

2.03

SBC / revenue%

2.51

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

26–36

$1 testx

—

Incr. ROIC%

Diamondback Energy, Inc. is an independent oil and natural gas company that acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It primarily focuses on developing the Spraberry and Wolfcamp formations of the Midland Basin and the Wolfcamp and Bone Spring formations of the Delaware Basin, both part of the Permian Basin in West Texas and New Mexico.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$9.732B

4.88%

1.00×

Cost of revenue

$4.356B

4.70%

0.98×

Operating expenses

$2.208B

4.80%

0.99×