Diamondback Energy Inc
NASDAQ:FANG

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Diamondback Energy Inc
NASDAQ:FANG
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Price: 176.6 USD -3.19% Market Closed
Market Cap: 51.6B USD
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Diamondback Energy Inc
Tax Provision

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
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Diamondback Energy Inc
NASDAQ:FANG
Tax Provision
-$949m
CAGR 3-Years
-85%
CAGR 5-Years
-30%
CAGR 10-Years
-31%
Devon Energy Corp
NYSE:DVN
Tax Provision
-$852m
CAGR 3-Years
N/A
CAGR 5-Years
-17%
CAGR 10-Years
8%
Hess Corp
NYSE:HES
Tax Provision
-$1.1B
CAGR 3-Years
-34%
CAGR 5-Years
-24%
CAGR 10-Years
N/A
EOG Resources Inc
NYSE:EOG
Tax Provision
-$2B
CAGR 3-Years
-33%
CAGR 5-Years
-20%
CAGR 10-Years
-1%
Texas Pacific Land Corp
NYSE:TPL
Tax Provision
-$124.3m
CAGR 3-Years
-30%
CAGR 5-Years
-9%
CAGR 10-Years
-23%
Conocophillips
NYSE:COP
Tax Provision
-$5B
CAGR 3-Years
-24%
CAGR 5-Years
-15%
CAGR 10-Years
0%
No Stocks Found

Diamondback Energy Inc
Glance View

Market Cap
51.7B USD
Industry
Energy

Diamondback Energy Inc., founded in 2007, has swiftly evolved into one of the leading independent oil and natural gas exploration and production companies in the United States. With a strategic focus on the prolific Permian Basin in West Texas, the company has built a robust portfolio of high-quality assets that promise efficient and sustainable production opportunities. Over the years, Diamondback has distinguished itself through its commitment to operational excellence and cost discipline, significantly enhancing its profitability even amidst fluctuating oil prices. Its agile business model not only allows for rapid adaptation to market conditions but also positions the company to capitalize on emerging technologies that improve recovery rates and lower costs. For investors, the allure of Diamondback Energy lies not only in its strong financial performance and proven track record of growth but also in its proactive approach to returning value to shareholders. The company has consistently emphasized returning capital through stock buybacks and dividends, reflecting its confidence in future cash flows. By striking a balance between growth initiatives and shareholder returns, Diamondback envisions a resilient business model that can thrive in a dynamic energy landscape. As the world transitions towards a more balanced energy mix, Diamondback Energy is committed to maintaining its competitive edge, reinforcing its status as a compelling opportunity for investors seeking exposure to the energy sector.

FANG Intrinsic Value
240.04 USD
Undervaluation 26%
Intrinsic Value
Price

See Also

What is Diamondback Energy Inc's Tax Provision?
Tax Provision
-949m USD

Based on the financial report for Sep 30, 2024, Diamondback Energy Inc's Tax Provision amounts to -949m USD.

What is Diamondback Energy Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
-31%

Over the last year, the Tax Provision growth was -4%. The average annual Tax Provision growth rates for Diamondback Energy Inc have been -85% over the past three years , -30% over the past five years , and -31% over the past ten years .

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