Diamondback Energy Inc
NASDAQ:FANG

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Diamondback Energy Inc
NASDAQ:FANG
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Price: 154.94 USD 1.23% Market Closed
Market Cap: 45.2B USD
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Diamondback Energy Inc
Pre-Tax Income

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
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Diamondback Energy Inc
NASDAQ:FANG
Pre-Tax Income
$4.4B
CAGR 3-Years
92%
CAGR 5-Years
26%
CAGR 10-Years
38%
EQT Corp
NYSE:EQT
Pre-Tax Income
$342.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-8%
Hess Corp
NYSE:HES
Pre-Tax Income
$4.1B
CAGR 3-Years
62%
CAGR 5-Years
64%
CAGR 10-Years
5%
EOG Resources Inc
NYSE:EOG
Pre-Tax Income
$9.1B
CAGR 3-Years
33%
CAGR 5-Years
19%
CAGR 10-Years
7%
Texas Pacific Land Corp
NYSE:TPL
Pre-Tax Income
$573m
CAGR 3-Years
25%
CAGR 5-Years
8%
CAGR 10-Years
28%
Conocophillips
NYSE:COP
Pre-Tax Income
$15B
CAGR 3-Years
27%
CAGR 5-Years
7%
CAGR 10-Years
2%
No Stocks Found

Diamondback Energy Inc
Glance View

Market Cap
45.4B 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
182.2 USD
Undervaluation 15%
Intrinsic Value
Price

See Also

What is Diamondback Energy Inc's Pre-Tax Income?
Pre-Tax Income
4.4B USD

Based on the financial report for Sep 30, 2024, Diamondback Energy Inc's Pre-Tax Income amounts to 4.4B USD.

What is Diamondback Energy Inc's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
38%

Over the last year, the Pre-Tax Income growth was 3%. The average annual Pre-Tax Income growth rates for Diamondback Energy Inc have been 92% over the past three years , 26% over the past five years , and 38% over the past ten years .

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