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Diamondback (FANG)
NASDAQ:FANG
FANG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$152.00 - $214.50
Previous CloseN/A
Volume499.52K
Average Volume (3M)2.00M
Market Cap
$45.84B
Enterprise Value$49.24B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)9.0
Beta0.49
Next Earnings
Feb 24, 2025EPS Estimate
3.36Last Dividend Ex-Date
Nov 14, 2024Dividend Yield5.28%
Share Statistics
EPS (TTM)17.46
Shares Outstanding291,989,200
10 Day Avg. Volume2,135,492
30 Day Avg. Volume2,001,543
Standard Deviation0.17
R-Squared0.32
Alpha0.00926
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.78
Price to Cash Flow (P/CF)9.50
P/FCF Ratio0.00
Enterprise Value/Market Cap1.07
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.11
Enterprise Value/Ebitda7.39
Forecast
1Y Price Target
$214.46Price Target Upside36.81% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering24
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Bulls Say, Bears Say
Bulls Say
Acquisition BenefitsDiamondback Energy announced an agreement to acquire Double Eagle IV Midco, LLC, which is expected to enhance its asset base.
Cash Flow And Financial PerformanceThe acquisition is seen as accretive on cash flow and free cash flow per share, indicating potential financial benefits.
Bears Say
Valuation ConcernsThe acquisition adds less than one year of inventory at a rich valuation, which may not meet expectations for long-term growth.
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Ownership Overview
11.61% Insiders
18.52% Mutual Funds
10.78% Other Institutional Investors
38.72% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FANG FAQ
What was Diamondback’s price range in the past 12 months?
Diamondback lowest stock price was $152.00 and its highest was $214.50 in the past 12 months.
What is Diamondback’s market cap?
Diamondback’s market cap is $45.84B.
When is Diamondback’s upcoming earnings report date?
Diamondback’s upcoming earnings report date is Feb 24, 2025 which is in 5 days.
How were Diamondback’s earnings last quarter?
Diamondback released its earnings results on Nov 04, 2024. The company reported $3.38 earnings per share for the quarter, missing the consensus estimate of $4.02 by -$0.64.
Is Diamondback overvalued?
According to Wall Street analysts Diamondback’s price is currently Undervalued.
Does Diamondback pay dividends?
Diamondback pays a Quarterly dividend of $0.899 which represents an annual dividend yield of 5.28%. See more information on Diamondback dividends here
What is Diamondback’s EPS estimate?
Diamondback’s EPS estimate is 3.36.
How many shares outstanding does Diamondback have?
Diamondback has 291,989,200 shares outstanding.
What happened to Diamondback’s price movement after its last earnings report?
Diamondback reported an EPS of $3.38 in its last earnings report, missing expectations of $4.02. Following the earnings report the stock price went down -2.298%.
Which hedge fund is a major shareholder of Diamondback?
Currently, no hedge funds are holding shares in FANG
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Diamondback Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$214.46 (36.81% Upside)
$214.46 (36.81% Upside)
Blogger Sentiment
Bullish
FANG Sentiment 94%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 107.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $195.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.46%
12-Months-Change
Fundamentals
Return on Equity
8.61%
Trailing 12-Months
Asset Growth
134.40%
Trailing 12-Months
Company Description
Diamondback
Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment involves in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.
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FANG Company Deck
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FANG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant operational improvements and strategic asset trades that enhance Diamondback's efficiency and free cash flow. However, the company remains cautious about macroeconomic conditions and is seeking to address shareholder concerns regarding gas and electricity margins.Read More>---
FANG Revenue Breakdown
99.19% Upstream
0.81% Other
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FANG Stock 12 Month Forecast
Average Price Target
$214.46
▲(36.81% Upside)
Technical Analysis
Best Analysts Covering FANG
1 Year
1 Year Success Rate
21/26 ratings generated profit
1 Year Average Return
+66.61%
reiterated a buy rating 28 days ago
Copying John Freeman's trades and holding each position for 1 Year would result in 80.77% of your transactions generating a profit, with an average return of +66.61% per trade.
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