
FANG · NASDAQ
Diamondback Energy, Inc.
$205.99 +8.85 (+4.49%)
Company overview
Diamondback Energy, Inc. is an independent oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It concentrates on the Spraberry and Wolfcamp formations of the Midland Basin, and the Wolfcamp and Bone Spring formations of the Delaware Basin, both part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin, and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It held working interests in 5,289 gross producing wells and royalty interests in 6,455 additional wells.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Exchange
- NASDAQ
- Market cap
- $57.7B
- Employees
- 1,983
- Headquarters
- Midland, TX
- Website
- diamondbackenergy.com
- CEO
- Matthew Kaes Van't Hof
- Listed
- October 12, 2012
- P/E
- 242.34
- Dividend yield
- 2.13%
Company financials
- Revenue
- $15.2B
- Gross profit
- $6.4B
- Operating income
- $3.4B
- EBITDA
- $5.4B
- Net income
- $403M
- EPS
- $0.85
- Total assets
- $70.1B
- Total debt
- $13.9B
- Gross margin
- 41.83%
- Net margin
- 2.65%
- Earnings yield
- 0.41%
No geographic segmentation.
Showing FY 2025