(FANG) Diamondback Energy - Overview

Sector: Energy | Industry: Oil & Gas E&P | Exchange: NASDAQ (USA) | Market Cap: 52.554m USD | Total Return: 52.2% in 12m

Oil, Natural Gas, Reserves, Exploration
Total Rating 45
Safety 24
Buy Signal -0.40
Oil & Gas E&P
Industry Rotation: -31.1
Market Cap: 52.6B
Avg Turnover: 623M USD
ATR: 3.75%
Peers RS (IBD): 50.8
Risk 5d forecast
Volatility31.2%
Rel. Tail Risk1.55%
Reward TTM
Sharpe Ratio1.49
Alpha25.64
Character TTM
Beta0.633
Beta Downside0.669
Drawdowns 3y
Max DD42.10%
CAGR/Max DD0.32
EPS (Earnings per Share) EPS (Earnings per Share) of FANG over the last years for every Quarter: "2021-03": 2.3, "2021-06": 2.4, "2021-09": 2.94, "2021-12": 3.63, "2022-03": 5.2, "2022-06": 7.07, "2022-09": 6.48, "2022-12": 5.29, "2023-03": 4.1, "2023-06": 3.68, "2023-09": 5.49, "2023-12": 4.74, "2024-03": 4.5, "2024-06": 4.52, "2024-09": 3.38, "2024-12": 3.64, "2025-03": 4.54, "2025-06": 2.67, "2025-09": 3.08, "2025-12": 1.74, "2026-03": 0,
EPS CAGR: -53.34%
EPS Trend: -75.2%
Last SUE: -4.00
Qual. Beats: 0
Revenue Revenue of FANG over the last years for every Quarter: 2021-03: 1184, 2021-06: 1681, 2021-09: 1910, 2021-12: 2022, 2022-03: 2408, 2022-06: 2768, 2022-09: 2437, 2022-12: 2030, 2023-03: 1925, 2023-06: 1919, 2023-09: 2340, 2023-12: 2217, 2024-03: 2218, 2024-06: 2473, 2024-09: 2636, 2024-12: 3696, 2025-03: 4031, 2025-06: 3651, 2025-09: 3924, 2025-12: 3376, 2026-03: null,
Rev. CAGR: 9.43%
Rev. Trend: 72.5%
Last SUE: 1.22
Qual. Beats: 7

Warnings

Beneish M-Score 1.00 > -1.5 - likely earnings manipulation

Altman Z'' 0.35 < 1.0 - financial distress zone

Tailwinds

No distinct edge detected

Description: FANG Diamondback Energy

Diamondback Energy, Inc. (FANG) is an independent oil and natural gas company. It focuses on acquiring, developing, and exploring unconventional onshore reserves.

The companys operations are concentrated in the Permian Basin, specifically targeting the Spraberry and Wolfcamp formations in the Midland Basin, and the Wolfcamp and Bone Spring formations in the Delaware Basin. These basins are significant sources of U.S. shale oil production.

Founded in 2007, Diamondback Energy is headquartered in Midland, Texas. Understanding a companys specific basin focus, like Diamondbacks Permian operations, is crucial for evaluating its production and reserve potential; further research on ValueRay can provide detailed insights into these aspects.

Headlines to Watch Out For
  • Crude oil prices dictate revenue and profitability
  • Natural gas prices impact secondary revenue streams
  • Permian Basin drilling success drives production growth
  • Regulatory changes to drilling permits pose operational risk
  • Acquisition strategy expands reserve base and production capacity
Piotroski VR‑10 (Strict) 6.0
Net Income: 1.66b TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 9.90 > 1.0
NWC/Revenue: -17.92% < 20% (prev -24.50%; Δ 6.58% < -1%)
CFO/TA 0.12 > 3% & CFO 8.76b > Net Income 1.66b
Net Debt (14.38b) to EBITDA (7.16b): 2.01 < 3
Current Ratio: 0.42 > 1.5 & < 3
Outstanding Shares: last quarter (285.3m) vs 12m ago -2.24% < -2%
Gross Margin: 35.09% > 18% (prev 0.45%; Δ 3.46k% > 0.5%)
Asset Turnover: 21.66% > 50% (prev 16.38%; Δ 5.28% > 0%)
Interest Coverage Ratio: 8.68 > 6 (EBITDA TTM 7.16b / Interest Expense TTM 244.0m)
Altman Z'' 0.35
A: -0.04 (Total Current Assets 1.92b - Total Current Liabilities 4.60b) / Total Assets 71.06b
B: 0.07 (Retained Earnings 4.74b / Total Assets 71.06b)
C: 0.03 (EBIT TTM 2.12b / Avg Total Assets 69.18b)
D: 0.17 (Book Value of Equity 4.74b / Total Liabilities 28.09b)
Altman-Z'' Score: 0.35 = B
Beneish M 1.00
DSRI: 0.64 (Receivables 1.39b/1.58b, Revenue 14.98b/11.02b)
GMI: 1.28 (GM 35.09% / 45.05%)
AQI: 91.06 (AQ_t 0.96 / AQ_t-1 0.01)
SGI: 1.36 (Revenue 14.98b / 11.02b)
TATA: -0.10 (NI 1.66b - CFO 8.76b) / TA 71.06b)
Beneish M-Score: 50.50 (Cap -4..+1) = D
What is the price of FANG shares? As of April 14, 2026, the stock is trading at USD 189.10 with a total of 3,362,908 shares traded.
Over the past week, the price has changed by -2.66%, over one month by +3.69%, over three months by +25.81% and over the past year by +52.19%.
Is FANG a buy, sell or hold? Diamondback Energy has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy FANG.
  • StrongBuy: 16
  • Buy: 12
  • Hold: 3
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the FANG price?
Analysts Target Price 215.4 13.9%
Diamondback Energy (FANG) - Fundamental Data Overview as of 11 April 2026
P/E Trailing = 32.4582
P/E Forward = 15.6495
P/S = 3.6764
P/B = 1.4751
P/EG = 104.3207
Revenue TTM = 14.98b USD
EBIT TTM = 2.12b USD
EBITDA TTM = 7.16b USD
Long Term Debt = 13.73b USD (from longTermDebt, last quarter)
Short Term Debt = 763.0m USD (from shortTermDebt, last quarter)
Debt = 14.49b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 14.38b USD (from netDebt column, last quarter)
Enterprise Value = 66.94b USD (52.55b + Debt 14.49b - CCE 106.0m)
Interest Coverage Ratio = 8.68 (Ebit TTM 2.12b / Interest Expense TTM 244.0m)
EV/FCF = 49.22x (Enterprise Value 66.94b / FCF TTM 1.36b)
FCF Yield = 2.03% (FCF TTM 1.36b / Enterprise Value 66.94b)
FCF Margin = 9.08% (FCF TTM 1.36b / Revenue TTM 14.98b)
Net Margin = 11.11% (Net Income TTM 1.66b / Revenue TTM 14.98b)
Gross Margin = 35.09% ((Revenue TTM 14.98b - Cost of Revenue TTM 9.72b) / Revenue TTM)
Gross Margin QoQ = 24.29% (prev 34.63%)
Tobins Q-Ratio = 0.94 (Enterprise Value 66.94b / Total Assets 71.06b)
Interest Expense / Debt = 0.54% (Interest Expense 78.0m / Debt 14.49b)
Taxrate = 17.45% (327.0m / 1.87b)
NOPAT = 1.75b (EBIT 2.12b * (1 - 17.45%))
Current Ratio = 0.42 (Total Current Assets 1.92b / Total Current Liabilities 4.60b)
Debt / Equity = 0.39 (Debt 14.49b / totalStockholderEquity, last quarter 36.97b)
Debt / EBITDA = 2.01 (Net Debt 14.38b / EBITDA 7.16b)
Debt / FCF = 10.58 (Net Debt 14.38b / FCF TTM 1.36b)
Total Stockholder Equity = 38.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.41% (Net Income 1.66b / Total Assets 71.06b)
RoE = 4.34% (Net Income TTM 1.66b / Total Stockholder Equity 38.35b)
RoCE = 4.07% (EBIT 2.12b / Capital Employed (Equity 38.35b + L.T.Debt 13.73b))
RoIC = 3.28% (NOPAT 1.75b / Invested Capital 53.30b)
WACC = 6.53% (E(52.55b)/V(67.04b) * Re(8.21%) + D(14.49b)/V(67.04b) * Rd(0.54%) * (1-Tc(0.17)))
Discount Rate = 8.21% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 26.32%
[DCF] Terminal Value 77.95% ; FCFF base≈1.36b ; Y1≈892.9m ; Y5≈408.3m
 [DCF] Fair Price = N/A (negative equity: EV 11.13b - Net Debt 14.38b = -3.25b; debt exceeds intrinsic value)
 EPS Correlation: -75.21 | EPS CAGR: -53.34% | SUE: -4.0 | # QB: 0
Revenue Correlation: 72.47 | Revenue CAGR: 9.43% | SUE: 1.22 | # QB: 7
EPS next Quarter (2026-06-30): EPS=4.10 | Chg7d=+0.293 | Chg30d=+1.810 | Revisions Net=+8 | Analysts=22
EPS current Year (2026-12-31): EPS=14.79 | Chg7d=+1.111 | Chg30d=+4.706 | Revisions Net=+6 | Growth EPS=+10.7% | Growth Revenue=+4.7%
EPS next Year (2027-12-31): EPS=15.48 | Chg7d=+0.711 | Chg30d=+2.862 | Revisions Net=+7 | Growth EPS=+4.7% | Growth Revenue=-0.4%
[Analyst] Revisions Ratio: +0.50 (12 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.1% (Discount Rate 8.2% - Earnings Yield 3.1%)
[Growth] Growth Spread = +2.8% (Analyst 8.0% - Implied 5.1%)
External Resources
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