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.Company Description
- CEO
- Matthew Kaes Van't Hof
- Full Time Employees
- 1,762
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- Fasken Center 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.
Company News
Here's Why Diamondback Energy (FANG) is a Strong Momentum Stock
Here Are Thursday’s Top Wall Street Analyst Research Calls: AngloGold Ashanti, Bank of America, Cirrus Logic, Crocs, Diamondback Energy, Devon Energy, Netflix, PayPal, Spotify Technolgy , and More
Diamondback Energy (FANG) Ascends While Market Falls: Some Facts to Note
Will Diamondback (FANG) Beat Estimates Again in Its Next Earnings Report?
Diamondback (NASDAQ: FANG) flags $97 million derivative loss amid high prices
Why Diamondback Energy (FANG) is a Top Growth Stock for the Long-Term
Diamondback Energy, Inc. Schedules Third Quarter 2026 Conference Call for November 3, 2026
Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Schedules Third Quarter 2026 Conference Call for November 3, 2026
Oil Hovers Around $90: Are Permian Stocks Well Poised to Gain?
Oil May Be Stronger Than It Looks—And Diamondback Is on Sale
Diamondback Energy (FANG) Stock Drops Despite Market Gains: Important Facts to Note
This Overlooked Pipeline Stock Just Became a Rival's Joint-Venture Partner Without Anyone Noticing
This Diamondback Insider Is One of the World's Richest People. She Just Sold $2 Billion of Stock.
First Look: Buffett Steps Down, Fed Hikes, Paramount-WBD Merger
Diamondback Energy, Inc. $FANG Shares Purchased by Bank of America Corp DE
Corient Private Wealth LP Has $8.64 Million Stock Holdings in Diamondback Energy, Inc. $FANG
Diamondback Energy Inc (FANG) Stock Down 8.0% -- Now Undervalued? GF Score: 61/100
15 stocks that have grown dividends the most — and nearly all have beaten the S&P 500
Solitude Pipeline Announcement Benefits Both Devon And Diamondback
Here's Why Diamondback Energy (FANG) is a Strong Growth Stock