Diamondback Energy Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Public

  • Employees
  • 1,023

Employees

  • Stock Symbol
  • FANG

Stock Symbol

  • Investments
  • 21

  • Share Price
  • $193.67
  • (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 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Energy Exploration
Other Industries
Energy Production
Stock Exchange
NAS
Corporate Office
  • 500 West Texas Avenue
  • Suite 1200
  • Midland, TX 79701
  • United States
+1 (432) 000-0000

Diamondback Energy Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Diamondback Energy Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$193.67 $193.97 $123.41 - $211.96 $34.5B 178M 1.44M $17.74

Diamondback Energy Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 42,365,633 33,863,980 30,927,823 26,966,675
Revenue 8,655,000 8,339,000 9,566,000 6,747,000
EBITDA 6,312,000 6,167,000 7,227,000 4,370,000
Net Income 3,199,000 3,143,000 4,386,000 2,182,000
Total Assets 29,690,000 29,001,000 26,209,000 22,898,000
Total Debt 6,629,000 6,801,000 6,379,000 6,773,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Diamondback Energy Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Diamondback Energy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the
Energy Exploration
Midland, TX
1,023 As of 2023
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Houston, TX
0000 As of 0000
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The Woodlands, TX
000 As of 0000
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Diamondback Energy Competitors (52)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Coterra Energy Private Debt Financed Houston, TX 0000 00.00 000000000 00 00.00
Ring Energy Corporation The Woodlands, TX 000 00000 000000000 00000
Vital Energy (Tulsa) Formerly PE-Backed Tulsa, OK 000 00.000 000000000 00 00.000
Callon Petroleum Corporate Backed or Acquired Houston, TX 000 00.000 000000&0 00.000
Marathon Oil Pending Transaction (M&A) Houston, TX 0000 00.00 000000&0 00.00
You’re viewing 5 of 52 competitors. Get the full list »

Diamondback Energy Executive Team (14)

Name Title Board Seat Contact Info
Travis Stice Chief Executive Officer and Chairman
John Kennedy General Manager of Corporate Development
Tracy Dick Executive Vice President, Chief Accounting Officer & Assistant Secretary
Matt Zmigrosky Chief Administrative Officer, Administration & Executive Vice President
Greg Dolezal Chief Information Officer & Vice President
You’re viewing 5 of 14 executive team members. Get the full list »

Diamondback Energy Board Members (10)

Name Representing Role Since
00000 0000000 Self Board Member 000 0000
0000 00000000 Diamondback Energy Board Member 000 0000
0000000 00000 Self Board Member 000 0000
0000000 00000 00 Self Director 000 0000
000000000 00000 Self Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Diamondback Energy Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Diamondback Energy Investments & Acquisitions (21)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Endeavor Energy Resources 12-Feb-2024 0000000000 0000 Energy Production 000000 00
Digital Wildcatters 30-Nov-2023 0000 00000 00.00 Media and Information Services (B2B)
Deep Blue Midland Basin 01-Sep-2023 00000 0000 Energy Infrastructure 0000 000'
Verde Clean Fuels 10-Feb-2023 0000 0000 Energy Production
Lario Permian 31-Jan-2023 Merger/Acquisition 00.000 Energy Exploration 000000 00
You’re viewing 5 of 21 investments and acquisitions. Get the full list »

Diamondback Energy Subsidiaries (5)

Company Name Industry Location Founded
Cottonmouth Ventures Venture Capital Midland, TX 2021
FireBird Energy Energy Exploration Fort Worth, TX 0000
Rattler Midstream Partners Other Energy Midland, TX 0000
Viper Energy Partners Other Energy Midland, TX 0000
Ajax Resources Special Purpose Acquisition Company (SPAC) London, United Kingdom
To view Diamondback Energy’s complete subsidiaries history, request access »

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

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

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

00 of 16,191

Rank

00.00

Percentile

Oil & Gas Producers

Industry

00 of 309

Rank

00.00

Percentile

Oil & Gas Exploration and Production

Subindustry

00 of 166

Rank

00.0

Percentile

To view Diamondback Energy’s complete esg history, request access »

Diamondback Energy Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
Permian Basin West Texas 31-Mar-2015 0000000000 00000 Completed
  • 3 buyers
Element Petroleum (Permian oil and gas assets 2013) 01-Jan-2013 Corporate Asset Purchase Completed
To view Diamondback Energy’s complete exits history, request access »

Diamondback Energy FAQs

  • When was Diamondback Energy founded?

    Diamondback Energy was founded in 2007.

  • Who is the CEO of Diamondback Energy?

    Travis Stice is the CEO of Diamondback Energy.

  • Where is Diamondback Energy headquartered?

    Diamondback Energy is headquartered in Midland, TX.

  • What is the size of Diamondback Energy?

    Diamondback Energy has 1,023 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 11-Jun-2024 the stock price of Diamondback Energy is $193.67.

  • What is the current market cap of Diamondback Energy?

    The current market capitalization of Diamondback Energy is $34.5B.

  • What is Diamondback Energy’s current revenue?

    The trailing twelve month revenue for Diamondback Energy is $8.65B.

  • Who are Diamondback Energy’s competitors?

    Coterra Energy, Ring Energy, Vital Energy (Tulsa), Callon Petroleum, and Marathon Oil are some of the 52 competitors of Diamondback Energy.

  • What is Diamondback Energy’s annual earnings per share (EPS)?

    Diamondback Energy’s EPS for 12 months was $17.74.

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