Diamondback Energy Overview
- Year Founded
-
2007
- Status
-
Public
- Employees
-
1,983
- Stock Symbol
-
FANG
- Investments
-
26
- Share Price
-
$136.65
- (As of Tuesday Closing)
Diamondback Energy General Information
Description
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2024, the company reported net proven reserves of 3.6 billion barrels of oil equivalent. Net production averaged about 598,000 barrels per day in 2024, at a ratio of 56% oil, 23% natural gas liquids, and 21% natural gas.
Contact Information
Website
www.diamondbackenergy.comCorporate Office
- 500 West Texas Avenue
- Suite 100
- Midland, TX 79701
- United States
Corporate Office
- 500 West Texas Avenue
- Suite 100
- Midland, TX 79701
- United States
Diamondback Energy Timeline
Diamondback Energy Stock Performance
As of 29-Apr-2025, Diamondback Energy’s stock price is $136.65. Its current market cap is $40.2B with 294M shares.
(As of Tuesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $136.65 | $137.82 | $114.00 - $214.50 | $40.2B | 294M | 2.8M | $15.53 |
Diamondback Energy Financials Summary
As of 31-Dec-2024, Diamondback Energy has a trailing 12-month revenue of $11B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 61,779,590 | 61,779,590 | 33,863,980 | 30,927,823 |
| Revenue | 11,023,000 | 11,023,000 | 8,339,000 | 9,566,000 |
| EBITDA | 7,483,000 | 7,483,000 | 6,151,000 | 7,222,000 |
| Net Income | 3,338,000 | 3,338,000 | 3,143,000 | 4,386,000 |
| Total Assets | 67,292,000 | 67,292,000 | 29,001,000 | 26,209,000 |
| Total Debt | 13,329,000 | 13,329,000 | 6,801,000 | 6,379,000 |
Diamondback Energy Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Diamondback Energy Comparisons
Industry
Financing
Details
Diamondback Energy Competitors (47)
One of Diamondback Energy’s 47 competitors is Coterra Energy, a Private Debt Financed company based in Houston, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Coterra Energy | Private Debt Financed | Houston, TX | ||||
| Ring Energy | Corporation | The Woodlands, TX | ||||
| Vital Energy (Tulsa) | Formerly PE-Backed | Tulsa, OK | ||||
| Gulfport Energy | Corporate Backed or Acquired | Oklahoma City, OK | ||||
| Devon Energy | Formerly VC-backed | Oklahoma City, OK |
Diamondback Energy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Diamondback Energy Investments & Acquisitions (26)
Diamondback Energy’s most recent deal was a Merger/Acquisition with Double Eagle Energy Holdings IV (Midland Basin Entities Subsidiaries) for . The deal was made on 01-Apr-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Double Eagle Energy Holdings IV (Midland Basin Entities Subsidiaries) | 01-Apr-2025 | Merger/Acquisition | Energy Exploration | ||
| TRP Energy (15,000 Net Acres of Midland Basin Assets Located in Upton and Reagan Counties) | 03-Nov-2024 | Corporate Asset Purchase | Buildings and Property | ||
| Dorsey Energy Colorado | 31-Oct-2024 | Merger/Acquisition | Energy Exploration | ||
| Epic Crude | 24-Sep-2024 | Corporate Asset Purchase | Other Energy | ||
| Endeavor Energy Resources | 10-Sep-2024 | Merger/Acquisition | Energy Production |
Diamondback Energy ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
37.31 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile
Oil & Gas Producers
Industry
of 294
Rank
Percentile
Oil & Gas Exploration and Production
Subindustry
of 154
Rank
Percentile
Diamondback Energy Exits (3)
Diamondback Energy’s most recent exit was on 15-Dec-2016 from VTX Energy Partners. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| VTX Energy Partners | 15-Dec-2016 | Completed |
|
||
| Permian Basin West Texas | 31-Mar-2015 | Completed |
|
||
| Element Petroleum (Permian oil and gas assets 2013) | 01-Jan-2013 | Corporate Asset Purchase | Completed |
Diamondback Energy Affiliates
Subsidiaries (5)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Cottonmouth Ventures | Midland, TX | 2021 | |
| Viper Energy Partners | Midland, TX | 2013 | |
| Diamondback O&g | Oklahoma City, OK | 2007 | |
| Energen Corporation | Midland, TX | 1978 | |
| Ajax Resources | London, United Kingdom |
Diamondback Energy FAQs
-
When was Diamondback Energy founded?
Diamondback Energy was founded in 2007.
-
Where is Diamondback Energy headquartered?
Diamondback Energy is headquartered in Midland, TX.
-
What is the size of Diamondback Energy?
Diamondback Energy has 1,983 total employees.
-
What industry is Diamondback Energy in?
Diamondback Energy’s primary industry is Energy Exploration.
-
Is Diamondback Energy a private or public company?
Diamondback Energy is a Public company.
-
What is Diamondback Energy’s stock symbol?
The ticker symbol for Diamondback Energy is FANG.
-
What is the current stock price of Diamondback Energy?
As of 29-Apr-2025 the stock price of Diamondback Energy is $136.65.
-
What is the current market cap of Diamondback Energy?
The current market capitalization of Diamondback Energy is $40.2B.
-
What is Diamondback Energy’s current revenue?
The trailing twelve month revenue for Diamondback Energy is $11B.
-
Who are Diamondback Energy’s competitors?
Coterra Energy, Ring Energy, Vital Energy (Tulsa), Gulfport Energy, and Devon Energy are some of the 47 competitors of Diamondback Energy.
-
What is Diamondback Energy’s annual earnings per share (EPS)?
Diamondback Energy’s EPS for 12 months was $15.53.
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