Diamondback Energy Inc
NASDAQ:FANG

Watchlist Manager
Diamondback Energy Inc Logo
Diamondback Energy Inc
NASDAQ:FANG
Watchlist
Price: 154.94 USD 1.23% Market Closed
Market Cap: 45.2B USD
Have any thoughts about
Diamondback Energy Inc?
Write Note

Gross Margin
Diamondback Energy Inc

72%
Current
80%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
72%
=
Gross Profit
6.9B
/
Revenue
9.6B

Gross Margin Across Competitors

Country US
Market Cap 45.4B USD
Gross Margin
72%
Country MY
Market Cap 5.2T MYR
Gross Margin
92%
Country US
Market Cap 123B USD
Gross Margin
47%
Country CN
Market Cap 749.5B CNY
Gross Margin
48%
Country US
Market Cap 67.2B USD
Gross Margin
62%
Country CA
Market Cap 89.8B CAD
Gross Margin
50%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 39.5B USD
Gross Margin
76%
Country AU
Market Cap 44.7B AUD
Gross Margin
45%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
Country US
Market Cap 25.7B USD
Gross Margin
56%
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

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
72%
=
Gross Profit
6.9B
/
Revenue
9.6B
What is the Gross Margin of Diamondback Energy Inc?

Based on Diamondback Energy Inc's most recent financial statements, the company has Gross Margin of 72%.