FANG Stock: Diamondback Energy, Inc. Stock Price, Analysis & Insights
Get live fang stock price $146.17, comprehensive Diamondback Energy, Inc. stock analysis, charts, news, and expert forecast. Real-time fang stock data and investment insights.
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Company Overview
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Company Information
- CEO
- Travis D. Stice
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Employees
- 1983
Contact Information
- Address
- 500 West Texas Avenue
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Energy sector with established market position
✓ Valuation metrics suggest potential value opportunity (P/E: 10.3)
✓ Lower volatility stock (Beta: 0.62) may provide portfolio stability
Business Model & Strategy
Diamondback Energy, Inc. operates in the Oil & Gas Exploration & Production industry, focusing on energy exploration, production, and distribution. Under the leadership of CEO Travis D. Stice, the company navigates Energy sector dynamics while pursuing growth opportunities. The Oil & Gas Exploration & Production model requires operational efficiency, safety standards, and environmental compliance to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
Diamondback Energy, Inc. competes in the Oil & Gas Exploration & Production within the broader Energy. With 42.5 billion in market capitalization, the company is positioned as a established player in its sector. The Energy is characterized by commodity price volatility, energy transition, and geopolitical factors. As a publicly traded company on the NASDAQ Global Select, Diamondback Energy, Inc. provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Diamondback Energy, Inc. should consider industry-specific trends, competitive positioning, and Energy sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for Diamondback Energy, Inc. shareholders
- ⚠Market volatility can significantly impact stock price, especially for mid-cap stocks
- ⚠Sector-specific risks in Energy may affect company performance
- ⚠Past performance does not guarantee future results for Diamondback Energy, Inc.
- ⚠Investors should consider how Diamondback Energy, Inc. fits within their overall portfolio allocation
- ⚠Valuation metrics suggest potential, but require fundamental analysis
Market Cap
42.50B
P/E Ratio
10.26
Beta
0.62
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Energy leader with 42.50B market capitalization
- Trading Volume: 1.17M shares traded today
- Price Range: 52-week range of $114.00 - $186.07
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Diamondback Energy, Inc.
Diamondback Energy, Inc. (FANG) operates in the Oil & Gas Exploration & Production industry within the Energy sector. With a current market capitalization of 42.50B, the company represents a significant player in its market. The stock is currently trading at $146.17 with a negativedaily change of 1.34%.
The company's 1983 employee base and presence on the NASDAQ Global Selectexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of 10.26, beta of 0.62, and 52-week price range from $114.00 to $186.07when evaluating investment opportunities.
Why Invest in Diamondback Energy, Inc.?
Strengths
- • Established market presence in Energy
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Travis D. Stice
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Energy Stocks
About Energy Sector
The Energy sector includes companies that explore, produce, refine, and distribute oil, gas, and other energy resources.