Diamondback Energy, Inc.
NASDAQ Global SelectCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Matthew Kaes Van't Hof
- Full Time Employees
- 1,762
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 500 West Texas Avenue Midland TX United States of America 79701
- IPO Date
- Oct 12, 2012
- CIK
- 0001539838
- Website
- diamondbackenergy.com
- Similar Companies
- Business
- Diamondback Energy, Inc. Diamondback Energy, Inc. is an independent oil and natural gas company focused on the acquisition, successful development, exploration, and production of unconventional onshore reserves primarily in the Permian Basin across West Texas and New Mexico. Founded in 2007 and headquartered in Midland, Texas, the company operates principally in the Midland Basin targeting the Spraberry and Wolfcamp formations and in the Delaware Basin targeting the Wolfcamp and Bone Spring formations; its core products include crude oil, natural gas, and natural gas liquids, with proven reserves of approximately 3,557 million barrels of oil equivalent as of year-end 2024, comprising 49% petroleum, 24% natural gas, and 27% natural gas liquids. The company conducts upstream activities through horizontal drilling and hydraulic fracturing techniques to optimize resource recovery and maintains midstream services in the Midland and Delaware Basins to support its operations. In recent strategic developments, Diamondback Energy, Inc. completed its transformative merger with Endeavor Energy Resources in September 2024, significantly expanding its Permian Basin footprint and production capacity; it followed with the acquisition of TRP assets for $238 million in late 2024 to further strengthen its Midland Basin presence, the $4 billion purchase of Double Eagle IV Midco subsidiaries in April 2025 adding approximately 40,000 net acres and enhancing operational synergies, and a drop-down transaction with subsidiary Viper Energy, Inc. in early 2025 aligning mineral interests with its development plans; additionally, the company divested non-core Permian assets including a 27.5% stake in EPIC Crude and its Environmental Disposal Systems business in 2025 for $1.25 billion to reallocate capital toward high-margin Permian upstream projects and debt reduction.
Insights Into Diamondback (FANG) Q2: Wall Street Projections for Key Metrics
Factors You Need to Know Ahead of Diamondback's Q2 Earnings Release
Bank of Nova Scotia Cuts Position in Diamondback Energy, Inc. $FANG
Diamondback Energy (FANG) Reports Next Week: Wall Street Expects Earnings Growth
Bradley Foster & Sargent Inc. CT Makes New Investment in Diamondback Energy, Inc. $FANG
Diamondback Energy (FANG) Ascends While Market Falls: Some Facts to Note
Diamondback Energy, Inc. (NASDAQ:FANG) Given Average Rating of “Buy” by Brokerages
Diamondback Energy (FANG) Increases Despite Market Slip: Here's What You Need to Know
Diamondback Energy (FANG) Stock Slides as Market Rises: Facts to Know Before You Trade
Occidental Petroleum Jumps 4% While ExxonMobil, Chevron Lag: Evercore Upgrade and Oil Spike Fuel OXY’s Lead
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
Diamondback Energy, Inc. Schedules Second Quarter 2026 Conference Call for August 4, 2026
Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2026 Conference Call for August 4, 2026
Diamondback Energy, Inc. Schedules Second Quarter 2026 Conference Call for August 4, 2026
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
The Market Is Dead Wrong: I'm Buying Dirt-Cheap Energy Stocks
Diamondback Energy (FANG) Registers a Bigger Fall Than the Market: Important Facts to Note
25% Yield!? Why Robinhood Traders Are Piling Into This FANG Income ETF Like There's No Tomorrow
Devon or Diamondback: Which E&P Stock Is the Better Investment?
Why I Like the Energy Stocks