Diamondback Energy Inc
General ticker "FANG" information:
- Sector: Energy
- Industry: Oil, Gas & Consumable Fuels
- Capitalization: $34.4B
Diamondback Energy Inc follows the US Stock Market performance with the rate: 20.0%.
Estimated limits based on current volatility of 1.6%: low 153.44$, high 158.28$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-11-14, amount 0.90$ (Y2.32%)
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [123.57$, 181.52$]
- 2024-12-30 to 2025-12-30 estimated range: [133.20$, 193.60$]
Financial Metrics affecting the FANG estimates:
- Positive: Non-GAAP EPS, $ of 18.01 > 2.29
- Positive: Operating cash flow per share per price, % of 21.51 > 12.76
- Negative: Investing cash flow per share, $ of -18.46 <= -3.48
- Positive: Industry operating cash flow per share per price (median), % of 20.76 > 10.07
- Positive: Return on assets ratio (scaled to [-100,100]) of 10.32 > 7.10
Short-term FANG quotes
Long-term FANG plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $6,797.00MM | $9,643.00MM | $8,412.00MM |
| Operating Expenses | $2,796.00MM | $3,135.00MM | $3,842.00MM |
| Operating Income | $4,001.00MM | $6,508.00MM | $4,570.00MM |
| Non-Operating Income | $-1,094.00MM | $-772.00MM | $-322.00MM |
| Interest Expense | $199.00MM | $159.00MM | $177.00MM |
| Income(Loss) | $2,907.00MM | $5,736.00MM | $4,248.00MM |
| Taxes | $631.00MM | $1,174.00MM | $912.00MM |
| Profit(Loss) | $2,276.00MM | $4,562.00MM | $3,336.00MM |
| Stockholders Equity | $12,088.00MM | $15,009.00MM | $16,625.00MM |
| Inventory | $62.00MM | $67.00MM | $63.00MM |
| Assets | $22,898.00MM | $26,209.00MM | $29,001.00MM |
| Operating Cash Flow | $3,944.00MM | $6,325.00MM | $5,920.00MM |
| Capital expenditure | $2,299.00MM | $3,505.00MM | $4,714.00MM |
| Investing Cash Flow | $-1,539.00MM | $-3,330.00MM | $-3,323.00MM |
| Financing Cash Flow | $-1,841.00MM | $-3,503.00MM | $-2,176.00MM |
| Earnings Per Share* | $12.35 | $24.61 | $17.34 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.