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
- 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.
Can FANG's Higher 2026 Output Guidance Keep Earnings Momentum Alive?
Diamondback Energy: Strong Oil Leverage And Low Production Costs
Diamondback (FANG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Balefire LLC Takes Position in Diamondback Energy, Inc. $FANG
Diamondback Energy Q2 Earnings Beat Estimates, Revenues Rise Y/Y
Diamondback Q2 Earnings Call Focuses on Growth and Debt Reduction
Diamondback Energy: The Permian Gas Recovery Is Mispriced -- See My New Price Target
Diamondback Energy Inc (FANG) (Q2 2026) Earnings Call Highlights: Strategic Growth and Operational Excellence Drive Value
Diamondback Energy, Inc. (FANG) Q2 2026 Earnings Call Transcript
Diamondback Energy Q2 Earnings Call Highlights
Diamondback Energy Reveals Brutal Truth: High Oil Prices Are Here to Stay
Compared to Estimates, Diamondback (FANG) Q2 Earnings: A Look at Key Metrics
Diamondback Energy (FANG) Q2 Earnings and Revenues Beat Estimates
Diamondback Energy Lifts Production Guidance, Reports Surging Profit on High Oil Prices
Shale producer Diamondback Energy beats second-quarter profit estimates
Diamondback Energy, Inc. Announces Second Quarter 2026 Financial and Operating Results
Letter to Stockholders Issued by Diamondback Energy, Inc.
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