Diamondback Energy Inc
NASDAQ:FANG

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Diamondback Energy Inc
NASDAQ:FANG
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Price: 161.25 USD 1.84%
Market Cap: 47.1B USD
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Diamondback Energy Inc
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Diamondback Energy Inc
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Diamondback Energy Inc
NASDAQ:FANG
Net Income (Common)
$3.2B
CAGR 3-Years
94%
CAGR 5-Years
25%
CAGR 10-Years
39%
EQT Corp
NYSE:EQT
Net Income (Common)
$314.2m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-5%
Hess Corp
NYSE:HES
Net Income (Common)
$2.6B
CAGR 3-Years
138%
CAGR 5-Years
N/A
CAGR 10-Years
-5%
EOG Resources Inc
NYSE:EOG
Net Income (Common)
$7.1B
CAGR 3-Years
33%
CAGR 5-Years
19%
CAGR 10-Years
9%
Texas Pacific Land Corp
NYSE:TPL
Net Income (Common)
$448.7m
CAGR 3-Years
24%
CAGR 5-Years
8%
CAGR 10-Years
29%
Conocophillips
NYSE:COP
Net Income (Common)
$9.9B
CAGR 3-Years
28%
CAGR 5-Years
4%
CAGR 10-Years
1%
No Stocks Found

Diamondback Energy Inc
Glance View

Market Cap
47.2B USD
Industry
Energy
Economic Moat
Narrow

In the vast expanses of the Permian Basin, a region renowned for its rich hydrocarbon reserves, Diamondback Energy Inc. has carved out a distinguished presence. Founded in 2007 and headquartered in Midland, Texas, the company has strategically focused its operations on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves. Diamondback's core asset portfolio is concentrated in the heart of the Permian Basin, which is one of the most prolific oil-producing regions in the United States. By strategically acquiring and developing tier one acreage, Diamondback has effectively positioned itself to capitalize on both economies of scale and operational efficiencies, solidifying its status as a formidable player in the energy sector. Diamondback generates revenue primarily through the extraction and sale of crude oil, natural gas, and natural gas liquids. The company's operations are tightly integrated, enabling it to maintain a low cost structure while maximizing output and profitability. Central to its business model is a commitment to technological innovation and productivity optimization, which allows Diamondback to enhance recovery rates and reduce production costs. This integration of operational efficiency with forward-thinking exploration provides Diamondback with a resilient financial framework, enabling it to navigate the volatile market conditions characteristic of the energy industry. Moreover, by maintaining a disciplined approach to capital expenditure and having a keen focus on shareholder returns, the company has been able to deliver consistent performance and pursue growth opportunities even amidst fluctuating commodity prices.

FANG Intrinsic Value
177.02 USD
Undervaluation 9%
Intrinsic Value
Price

See Also

What is Diamondback Energy Inc's Net Income (Common)?
Net Income (Common)
3.2B USD

Based on the financial report for Sep 30, 2024, Diamondback Energy Inc's Net Income (Common) amounts to 3.2B USD.

What is Diamondback Energy Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
39%

Over the last year, the Net Income (Common) growth was 1%. The average annual Net Income (Common) growth rates for Diamondback Energy Inc have been 94% over the past three years , 25% over the past five years , and 39% over the past ten years .

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