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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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

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Earnings data Q1 2024

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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.

Diamondback Energy agreed to buy rival Endeavor Energy in cash and stock, creating another Permian shale giant.

Diamondback Energy Will Buy Permian Rival Endeavor For $26 Billion

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Diamondback Energy, Inc. (NASDAQ: FANG) and Endeavor Energy Resources, L.P. is fair to Diamondback shareholders. The proposed transaction consideration will consist of approximately 117.3 million shares of Diamondback common stock and $8 billion of cash, subject to customary adjustments. Upon completion of the proposed transaction, the Company's existing shareholders are expected to.

FANG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Diamondback Energy, Inc. Is Fair to Shareholders

Diamondback Energy on Monday decided to buy the largest privately held oil and gas producer in the Permian basin, Endeavor Energy Partners, in a cash-and-stock deal for about $26 billion, including debt.

Diamondback Energy to buy Endeavor Energy in $26 billion deal

MIDLAND, Texas, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) and Endeavor Energy Resources, L.P. (“Endeavor”), today announced that they have entered into a definitive merger agreement under which Diamondback and Endeavor will merge in a transaction valued at approximately $26 billion, inclusive of Endeavor's net debt. The combination will create a premier Permian independent operator.

Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

Diamondback Energy Inc. and Endeavor Energy Resources are reportedly in the late stages of deal talks that would see the shale rivals form a massive company.

Diamondback in talks to buy shale rival Endeavor for around $25 billion: report

Permian rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a merger that would create an oil and gas company which could be valued at more than $50 billion, the Wall Street Journal reported on Sunday.

Diamondback Energy, Endeavor Energy finalizing a merger to create $50 bln company -Wall Street Journal

Canadian Natural Resources

Deere & Company

Everest Group Ltd

Global Payments

iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF

Intel

iShares Core Total USD Bond Market ETF

Oracle

Oshkosh

RELX

Raytheon Technologies

Wintrust Financial

Barron's First New-Year Roundtable, published 1/11/24, listed 8 stocks of note for 2024. The follow-up article published 1/22/24 mentioned 27 more and included a buy-recommendation from Andrew Bary for BP. Barron's interviews of eleven financial-industry Roundtable-pros over those two-weeks tapped 35 predictions along-with the BP-feature. Four funds were missed by YCharts screen of active-stocks. Seven-selections paid no-dividends, leaving 23 in-the-pool. The combined Barron's two-part list tracked-by YCharts as of 2/8/24 projected ten-top analyst-estimated net-gains from ORCL, INTC RTX, GPN, DE, OSK, WTFC, FANG, BP & topped-by EG ranging 6.0%-27.58%.

Barron's Round Table New-Year 2024 Dividend Dogs

Diamondback Energy (FANG) closed at $149.62 in the latest trading session, marking a -0.4% move from the prior day.

Why Diamondback Energy (FANG) Dipped More Than Broader Market Today

VAALCO Energy

GeoPark

Halliburton

Kosmos Energy

Precision Drilling

Riley Exploration Permian

Industry watchers expect 2024 to be a much stronger year for energy stocks for growth than 2023. Fidelity, for example, expects energy stocks to rebound due to limited supply, healthy demand, and increasing investment In production.

7 Energy Stocks to Double Your Money by 2025

Diamondback Energy (FANG) reachead $156.93 at the closing of the latest trading day, reflecting a +1.34% change compared to its last close.

Diamondback Energy (FANG) Increases Despite Market Slip: Here's What You Need to Know

Energy Transfer LP Unit

Franco-Nevada C

Franco-Nevada isn't the highest-yielding stock on the market, but it can add valuable diversification to your portfolio. Diamondback Energy pays a rapidly rising base dividend and routinely amps up its returns with its variable dividend payments.

3 Great Dividend Stocks to Spice Up Your Portfolio

American Tower

Alexandria Real Estate Equities

CVS Health

Chevron

DTE Energy

Host Hotels & Resorts

Coca-Cola

NiSource

Philip Morris

Vici Properties

Analysts' top-rated dividend stocks in the S&P 500 yielding at least 3% include blue-chip stalwarts such as Coca-Cola, CVS Health and Chevron.

Analysts' Top S&P 500 Dividend Stocks to Buy Now

Pioneer Natural Resources

Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).

3 Permian Stocks to Watch as Oil Price is Still Healthy

Devon Energy

In this head-to-head, I will analyze which of these independent oil producers - Diamondback Energy or Devon Energy Corporation - is competing the hardest for our investment dollars. Each company will be evaluated on Dividends, Debt, Dollars, and Dirt (yes, DIRT!). The winner will be considered the better overall investment.

Devon Energy Vs. Diamondback Energy: A Battle Of The Permian

Baker Hughes Co

EOG Resources

Baker Hughes (BKR), in its weekly release, reports that its count of oil and gas rigs has increased after decreasing for two straight weeks.

Permian Oil Drilling Rig Count Falls for Two Straight Weeks

Diamondback Energy (FANG) reachead $151.16 at the closing of the latest trading day, reflecting a -1.74% change compared to its last close.

Diamondback Energy (FANG) Falls More Steeply Than Broader Market: What Investors Need to Know

The market is expected to see a rotation to "value" stocks, making energy stocks a good investment choice. Diamondback Energy is a strong energy stock with deep reserves, a top-tier balance sheet, and a commitment to distributing free cash flow to shareholders. Diamondback has outperformed growth stocks and is expected to continue to do so, especially if oil prices remain strong.

Diamondback Energy: 8% Distribution Yield At $80 WTI, I Expect Strong Upside

ConocoPhillips

Devon Energy's ample free cash flow supports its high-yielding dividend. Diamondback Energy is a great way to gain sector exposure in your portfolio.

Dividend Investors Won't Want to Overlook These 3 Dirt-Cheap Stocks in 2024

In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased for two straight weeks.

Permian Oil Rig Count Falls After Rising for 2 Straight Weeks

APA Corporation

Marathon Oil

As U.S. crude production gears up for new heights, our recommendation is to concentrate on domestic E&P companies with strong fundamentals, such as APA, FANG and MRO.

U.S. to Break Crude Production Record This Year and Next

MIDLAND, Texas, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release fourth quarter 2023 financial results on February 20, 2024 after the market closes.

Diamondback Energy, Inc. Schedules Fourth Quarter 2023 Conference Call for February 21, 2024

Diamondback Energy stock has performed reasonably well over the past year, outperforming the wider energy space as production has landed higher than guidance. Diamondback's low cost structure and capital returns potential look attractive, with the firm generating ample free cash flow at current oil prices. Diamondback looks around 20% undervalued in a $70 oil price environment, and I open on the stock with a Buy rating.

Diamondback Energy: Compelling Capital Returns And Moderately Undervalued

In the closing of the recent trading day, Diamondback Energy (FANG) stood at $155.76, denoting a -0.12% change from the preceding trading day.

Diamondback Energy (FANG) Stock Falls Amid Market Uptick: What Investors Need to Know

Diamondback Energy pays a rapidly rising base dividend. It also routinely pays variable dividends.

Are You Missing Out on This Energy Stock's Monster Dividend Raise?

In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased after decreasing for two straight weeks.

News for Diamondback Energy Stock (FANG)