Revenue segments as reported by the company.

Oil, natural gas and natural gas liquid sales

Midstream services

Other operating income

Sales of purchased oil

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Lease operating expenses

Production and ad valorem taxes

Gathering and transportation

Midstream services expense

Depreciation, depletion, amortization and accretion

Impairment of oil and natural gas properties

General and administrative

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Purchased oil expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Diamondback Energy

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 is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2024

Diamondback Energy excels in Q4 2022, navigates challenges, eyes opportunities

Diamondback Energy's Q4 2022 performance was marked by robust financial results, strategic acquisitions, and operational optimizations. While facing inflationary pressures and market challenges, the company is focused on maintaining capital efficiency and hedging oil prices. Opportunities lie in asset optimization, e-fleet technology adoption, and potential M&A activities.

Diamondback Energy excels in operational efficiencies and strategic financial management

Diamondback Energy's Q1 2023 earnings call highlighted strong operational performance, cost efficiencies, and strategic capital allocation. The company's commitment to efficiency, hedging strategies, and focus on reducing debt showcase a resilient financial strategy amidst market challenges and opportunities.

Diamondback Energy excels in Q2 with focus on efficiency and growth

Diamondback Energy's Q2 earnings call highlighted strong performance, operational efficiencies, and strategic capital allocation. The company's focus on cost control, value creation, and disciplined M&A positions it well for future growth. Challenges in managing service costs, production dynamics, and technology optimization underscore the need for continued strategic focus.

Diamondback Energy prioritizes capital efficiency and shareholder returns in Q3

Diamondback Energy's Q3 call highlights a strategic focus on capital efficiency and shareholder returns. The company aims for modest growth through cost savings and consistent operational performance. Challenges include managing costs, activity levels, and addressing industry consolidation dynamics.

Diamondback Energy prioritizes capital efficiency and cost control post-merger

Diamondback Energy's Q4 2023 performance highlighted a focus on capital efficiency, cost control, and maintaining production levels amidst market challenges.
The company's strengths lie in size and scale benefits, strategic hedging, and plans for operational improvements post-merger.
Challenges include managing commodity price volatility, balancing debt reduction, and navigating market uncertainties.
Opportunities arise from asset sales, tax benefits, synergies with Endeavor, and future M&A activities for growth and efficiency.

Diamondback Energy focuses on efficiency and growth strategies in Q1 2024 earnings call

Diamondback Energy's Q1 2024 earnings call highlighted a proactive approach to addressing industry challenges while capitalizing on growth opportunities. The company's strategic initiatives, cost management efforts, and focus on operational efficiencies position them well for future success in a dynamic market environment.

Diamondback Energy excels in Q3, eyes cost efficiency and diversification

Diamondback Energy's Q3 2024 earnings call highlighted a strong performance with a focus on free cash flow generation and cost optimization.
The company's strategic initiatives to decrease breakeven per barrel, explore new revenue streams, and maintain shareholder returns demonstrate a proactive approach.
While facing challenges in a competitive landscape, Diamondback Energy's adaptability and commitment to shareholder value position them well for future growth.

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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 is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.

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Getting a jump-start on other investors is part of investing. And analysts think there's an opportunity to leap ahead of a major index.

You Can Still Score On 6 Stocks Before They Join The Nasdaq 100

MIDLAND, Texas, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) announced today that it has been added to the Nasdaq-100® Index, the top 100 largest domestic and international non-financial companies on The Nasdaq based on market capitalization. Nasdaq announced the inclusion on Friday, December 9, 2022, which will become effective prior to market open on Monday, December 19, 2022.

Diamondback Energy Added to the Nasdaq – 100 Index

Nasdaq Inc. NDAQ, -1.54% said late Friday it's adding CoStar Group Inc. CSGP, -2.05% , Rivian Automotive Inc. RIVN, -4.51% , Warner Bros. Discovery Inc. WBD, +3.07% , GlobalFoundries Inc. GFS, +1.60% , Baker Hughes Com.

Nasdaq adds six companies to the Nasdaq-100 Index

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Diamondback (FANG) reported earnings 30 days ago. What's next for the stock?

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The company offers investors a great value proposition.

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Top Wall Street analysts bet on these stocks to brace for a sharp downturn

MIDLAND, Texas, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has completed its previously announced acquisition of all leasehold interests and related assets of FireBird Energy LLC (“FireBird”).

Diamondback Energy, Inc. Announces Closing of FireBird Acquisition

The company significantly ramped up its share repurchases last quarter.

This Ultra-High-Yield Dividend Stock Thinks Its Shares Are a Screaming Bargain

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Management announced the latest in a long line of accretive acquisitions. Management will be selling noncore assets into a considerably better environment than was the case when Chevron sold some properties.

Diamondback Energy: Sticking With The Plan

Diamondback Energy's dividends are trending up. Recent dividend annualized to 6%. A discussion of FANG's recent acquisition in the current environment.

Diamondback Energy: Dividends Are Going Up

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Exploration and production businesses are witnessing big gains from a healthy crude price trajectory. Thus, Diamondback (FANG), Pioneer (PXD) & Matador (MTDR) are poised to gain.

Keep an Eye on 3 Permian Explorers as Oil Price is Still Healthy

Diamondback's (FANG) latest acquisition augments its presence in the Permian Basin by adding about 25,000 gross (15,000 net) acres in the core of the Northern Midland Basin.

Diamondback (FANG) to Buy Permian Basin Assets From Lario

Stressing on its shareholder return program, Diamondback Energy (FANG) has committed to return half of the free cash flow through dividends and buybacks.

Here's Why Diamondback (FANG) Stumbled Post Q3 Earnings

Now might be a good time to dip a toe into the oil patch.

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Today's sell-off may be giving oil investors a chance to scoop up a bargain in the oil patch.

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Diamondback Energy has made another deal that will boost its cash flow.

This High-Yield Stock Is Adding More Fuel to Its Dividend Growth Engine

MIDLAND, Texas, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets of Lario Permian, LLC, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers (collectively “Lario”) in exchange for 4.18 million shares of Diamondback common stock and $850 million of cash. The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the Company's credit facility and/or proceeds from a senior notes offering. The cash outlay at closing is expected to be approximately $775 million due to the expected Free Cash Flow to be generated by the acquired assets between the effective date and the closing date, which is expected to be January 31, 2023.

Diamondback Energy, Inc. Announces Northern Midland Basin Acquisition

Oil prices have been steadily increasing in recent years, and it seems they will continue for a while. Demand is at an all-time high due to geopolitical instability, and prices have followed suit.

News for Diamondback Energy Stock (FANG)