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

Merger and integration expense

Other operating expense

Purchased oil expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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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Cost of revenue

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Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

Receivables

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Non-current assets

Net PPE

Intangibles

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Current liabilities

Short term debt

Income tax payable

Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

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Book value per share

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Funds from operations

Change in working capital

Cash from investing

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Other sources

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Change in stock

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Free cash flow

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.

Diamondback Energy (FANG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Diamondback Energy (FANG): Strong Industry, Solid Earnings Estimate Revisions

Diamondback (FANG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Diamondback (FANG)

Devon Energy

EOG Resources

Landbridge Co LLC

Marathon Oil

Occidental Petroleum

Some of the best-performing S&P 500 constituents in the first quarter were energy firms like Marathon Oil (MRO), Diamondback Energy (FANG), Occidental Petroleum (OXY), EOG Resources (EOG) and Devon Energy (DVN).

These Are the Best Performing S&P 500 Energy Stocks of Q1

Baker Hughes Co

Halliburton

Transocean

Schlumberger

Baker Hughes' (BKR) data shows that since January 2020, oil drillers in the United States have added the highest number of rigs in a week.

Permian Witnesses Addition of Oil Rigs for 6 Straight Weeks

Centennial Resource Development

SM Energy

There's a lot going on in the oil markets right now, but investors clearly think the outcome will be a positive one.

Why Centennial Resource Development, Diamondback Energy, SM Energy, and Marathon Oil All Rallied Today

Volatile oil exploration and production companies like Marathon Oil (MRO), Diamondback Energy (FANG), Occidental Petroleum (OXY), EOG Resources (EOG) and Devon Energy (DVN), among others in the space, will be the most affected by the OPEC+ meeting's outcome.

OPEC+ Likely to Extend Production Cuts Today: Here's Why

MIDLAND, Texas, March 30, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release first quarter 2021 financial results on May 3, 2021 after the market closes.

Diamondback Energy, Inc. Schedules First Quarter 2021 Conference Call for May 4, 2021

Baker Hughes' (BKR) data shows that the latest weekly oil & gas rig tally in the United States touches the highest mark since last April.

Permian Witnesses Addition of Oil Rigs for 5 Straight Weeks

Energy Select Sector SPDR Fund

Exxon Mobil

Checking in on our oil trade from 5 weeks ago … is it time to place another? … how Louis Navellier is sizing up the opportunity in the oil patch today In our February 19th Digest, we noted that, long-term, our world is moving away from oil, toward renewable energy.

Time for an Oil Trade?

Chevron

Despite the current uncertainty, some of the top gainers of the S&P 500 this year are energy-related names like Marathon Oil (MRO), Occidental Petroleum (OXY), Diamondback Energy (FANG), EOG Resources (EOG) and Devon Energy (DVN).

Key Reasons Why U.S. Oil Prices Have Been Volatile Lately

Aspen Group

Alibaba

GrubHub

One problem investors encounter when searching for undervalued opportunities is that not all stocks that seem cheap will be able to grow their share prices in the future. A company that is in permanent decline or is expected to see its earnings decreasing over the next few years is not very likely to see an increase in demand for its shares, even if it is trading at a discount to its current worth.

5 Growth Stocks Trading Below GF Value

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

Why Is Diamondback (FANG) Up 1.6% Since Last Earnings Report?

Baker Hughes' (BKR) data shows that since January oil and gas drillers in the United States added the highest rigs in a week.

Permian Witnesses Addition of Oil Rigs for 4 Straight Weeks

Why Diamondback Energy (FANG) Stock Might be a Great Pick

Align Technology

Capital One

Mosaic

We have narrowed down our search to five large-cap stocks that have skyrocketed more than 150% in the past year. These are: LB, MOS, COF, ALGN and FANG.

5 Top-Ranked Winners of Wall Street Since the Pandemic Trough

Etsy

Tapestry

After touching a low of 2,191 on Mar 23, 2020, the S&P 500 staged a strong comeback and is on track to hit a new milestone of 4,000.

5 S&P 500 Stocks That Zoomed 200% Plus From Pandemic Lows

Ovintiv

Savvy investors could use the temporary decline in an upward trending energy market to buy stocks like ExxonMobil (XOM), Chevron (CVX), Diamondback (FANG), Ovintiv (OVV) and EOG Resources (EOG) at a discount.

Exxon, Chevron & 3 Other Energy Stocks to Buy on the Dip

QEP Resources

Diamondback's (FANG) buyout pact with QEP Resources provides the latter's shareholders with 0.05 shares of its common stock for each share held.

Diamondback (FANG) Concludes Takeover Deal With QEP Resources

HollyFrontier

Despite yesterday's fall, some of the top gainers of the S&P 500 this year are energy-related names like Marathon Oil (MRO), Diamondback Energy (FANG), Occidental Petroleum (OXY), Devon Energy (DVN) and HollyFrontier (HFC).

Oil Falls After EIA Reports Inventory Build on All Fronts

Matador Resources

Pioneer Natural Resources

With the energy sector recovering significantly, it would be wise for investors to invest in firms operating in the Permian basin. FANG, MTDR, PXD and EOG are Permian stocks that will gain.

Here's Why Investing in Permian Explorers Seems Wise Now

MIDLAND, Texas, March 17, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that it has completed its previously announced acquisition of QEP Resources, Inc. (NYSE: QEP) (“QEP”) in an all-stock merger following approval of the merger and related proposals by the QEP stockholders at their special meeting held on March 16, 2021.

Diamondback Energy, Inc. Completes Acquisition of QEP Resources, Inc.

The surge in Diamondback's (FANG) shares is driven by the rebound in crude prices to around $65 a barrel from the recently announced OPEC+ supply cuts until April.

Diamondback's (FANG) Bull Run on the Bourse Continues Unabated

Baker Hughes Company's (BKR) weekly rig count data reveals that for the first time since November, oil and gas drillers cut rig count in the United States.

Permian Witnesses Addition of Oil Rigs for 3 Straight Weeks

Hess

To understand where the oil market is headed and how investors might hope to take advantage, one would do well to take a look at what Chevron (NYSE:CVX) said in its investor-day presentation earlier this month. First off, it helps to understand how the energy sector works.

Where to Focus Energy Sector Investments (NASDAQ: FANG) (OTC US: AGYP) (NYSE: HES)

CISCO, Texas--(BUSINESS WIRE)--THRC Holdings L.P. (“THRC”), a QEP Resources (NYSE: QEP) shareholder owning 5.84% of total shares outstanding, today issued the following statement announcing its public support of the pending acquisition of QEP by Diamondback Energy, Inc. (NYSE: FANG): “We have felt for some time that consolidation in this market has been necessary to shore up companies' balance sheets. We also believe that, while QEP has great management and assets, leverage is a real issue that

News for Diamondback Energy Stock (FANG)