FANG Stock Analysis: Diamondback Energy | NASDAQ
Oil & Gas E&P | NASDAQ, USA | Market Cap: 53.859m USD | 12M Return: 26.1% | US25278X1090 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 406M
EPS Trend: -54.6%
Qual. Beats: 3
Rev. Trend: 98.1%
Qual. Beats: 10
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Diamondback Energy, Inc. (FANG) is an independent oil and natural gas company focused on acquiring, developing, exploring, and exploiting unconventional, onshore reserves in the Permian Basin in West Texas. The companys operations are concentrated on the Spraberry and Wolfcamp formations of the Midland Basin, as well as the Wolfcamp and Bone Spring formations of the Delaware Basin, spanning parts of West Texas and New Mexico. Diamondback was founded in 2007 and is headquartered in Midland, Texas, and trades on the NASDAQ as a large-cap stock with a market capitalization of approximately $51.7 billion USD.
As an independent exploration and production (E&P) company, Diamondback operates without the refining or marketing arms of integrated oil majors, generating revenue primarily through the sale of crude oil, natural gas, and natural gas liquids produced from its acreage. The Permian Basin is one of the most prolific and lowest-cost shale producing regions in the United States, and FANGs concentration there reflects the broader industry trend of operators consolidating acreage and capital in the most economic core areas of major U.S. shale plays.
- WTI crude prices drive Permian revenue and free cash flow margins
- Production growth from Spraberry and Wolfcamp wells lifts total output
- Capital returns accelerate through dividends and share buybacks program
| Net Income: 2.17b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 8.38 > 1.0 |
| NWC/Revenue: -13.93% < 20% (prev -10.20%; Δ -3.73% < -1%) |
| CFO/TA 0.14 > 3% & CFO 10.4b > Net Income 2.17b |
| Net Debt (15.1b) to EBITDA (8.06b): 1.87 < 3 |
| Current Ratio: 0.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (280.0m) vs 12m ago -3.52% < -2% |
| Gross Margin: 46.99% > 18% (prev 38.93%; Δ 8.06% > 0.5%) |
| Asset Turnover: 25.09% > 50% (prev 20.08%; Δ 5.01% > 0%) |
| Interest Coverage Ratio: 10.94 > 6 (EBIT TTM 2.76b / Interest Expense TTM 252.0m) |
| A: -0.04 (Total Current Assets 3.15b - Total Current Liabilities 5.74b) / Total Assets 72.1b |
| B: 0.10 (Retained Earnings 7.33b / Total Assets 72.1b) |
| C: 0.04 (EBIT TTM 2.76b / Avg Total Assets 74.2b) |
| D: 1.44 (Book Value of Equity 39.0b / Total Liabilities 27.0b) |
| Altman-Z'' = 1.86 = BBB |
| DSRI: 1.20 (Receivables 2.37b/1.62b, Revenue 18.6b/15.3b) |
| GMI: 0.83 (GM 38.93% / 46.99%) |
| AQI: 0.01 (AQ_t 0.01 / AQ_t-1 0.95) |
| SGI: 1.22 (Revenue 18.6b / 15.3b) |
| TATA: -0.11 (NI 2.17b - CFO 10.4b) / TA 72.1b) |
| Beneish M = -3.46 (Cap -4..+1) = AA |
As of November 10, 2026, the stock is trading at USD 178.17 with a total of 2,790,767 shares traded. Over the past week, the price has changed by -10.80%, over one month by -7.27%, over three months by -9.96% and over the past year by +26.07%.
Current recommended Stop Loss: 167.00 (which is 6.3% or 1.7 ATR below the current price).
Diamondback Energy has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy FANG.
- StrongBuy: 21
- Buy: 6
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 240.2 | 34.8% |
P/E Trailing = 25.8869
P/E Forward = 9.2678
P/S = 3.3301
P/B = 1.4758
P/EG = 9.7565
Revenue TTM = 18.6b USD
EBIT TTM = 2.76b USD
EBITDA TTM = 8.06b USD
Long Term Debt = 13.7b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.55b USD (from shortTermDebt, last quarter)
Debt = 15.7b USD (corrected: LT Debt 13.7b + ST Debt 1.55b) + Leases 390.0m
Net Debt = 15.1b USD (calculated: Debt 15.7b - CCE 558.0m)
Enterprise Value = 69.0b USD (53.9b + Debt 15.7b - CCE 558.0m)
Interest Coverage Ratio = 10.94 (Ebit TTM 2.76b / Interest Expense TTM 252.0m)
EV/FCF = 10.67x (Enterprise Value 69.0b / FCF TTM 6.46b)
FCF Yield = 9.37% (FCF TTM 6.46b / Enterprise Value 69.0b)
FCF Margin = 34.72% (FCF TTM 6.46b / Revenue TTM 18.6b)
Net Margin = 11.67% (Net Income TTM 2.17b / Revenue TTM 18.6b)
Gross Margin = 46.99% ((Revenue TTM 18.6b - Cost of Revenue TTM 9.87b) / Revenue TTM)
Gross Margin QoQ = 46.03% (prev 45.16%)
Tobins Q-Ratio = 0.96 (Enterprise Value 69.0b / Total Assets 72.1b)
Interest Expense / Debt = 1.61% (Interest Expense 252.0m / Debt 15.7b)
Taxrate = 19.85% (546.0m / 2.75b)
NOPAT = 2.21b (EBIT 2.76b * (1 - 19.85%))
Current Ratio = 0.55 (Total Current Assets 3.15b / Total Current Liabilities 5.74b)
Debt / Equity = 0.40 (Debt 15.7b / totalStockholderEquity, last quarter 39.0b)
Debt / EBITDA = 1.87 (Net Debt 15.1b / EBITDA 8.06b)
Debt / FCF = 2.34 (Net Debt 15.1b / FCF TTM 6.46b)
Total Stockholder Equity = 37.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.93% (Net Income 2.17b / Total Assets 72.1b)
RoE = 5.78% (Net Income TTM 2.17b / Total Stockholder Equity 37.6b)
RoCE = 5.37% (EBIT 2.76b / Capital Employed (Equity 37.6b + L.T.Debt 13.7b))
RoIC = 3.28% (NOPAT 2.21b / Invested Capital 67.4b)
WACC = 5.43% (E(53.9b)/V(69.5b) * Re(6.64%) + D(15.7b)/V(69.5b) * Rd(1.61%) * (1-Tc(0.20)))
Discount Rate = 6.64% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 62.49 | Cagr: 22.19%
[DCF] Terminal Value 77.97% ; FCFF base≈4.05b ; Y1≈4.65b ; Y5≈6.84b
[DCF] Fair Price = 313.6 (EV 103b - Net Debt 15.1b = Equity 87.8b / Shares 280.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -54.62 | EPS CAGR: -9.50% | SUE: 2.09 | # QB: 3
Revenue Correlation: 98.06 | Revenue CAGR: 35.34% | SUE: 1.75 | # QB: 10
EPS current Quarter (2027-03-31): EPS=5.65 | Chg30d=+21.55% | Revisions=+79% | Analysts=22
EPS current Year (2026-12-31): EPS=22.95 | Chg30d=+9.44% | Revisions=+58% | GrowthEPS=+71.7% | GrowthRev=+32.6%
EPS next Year (2027-12-31): EPS=21.13 | Chg30d=+11.67% | Revisions=+58% | GrowthEPS=-7.9% | GrowthRev=-5.8%
[Analyst] Revisions Ratio: +68% (up=49, down=8)