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
Why Is Diamondback (FANG) Up 5.9% Since Last Earnings Report?
Why Diamondback Energy (FANG) is a Top Momentum Stock for the Long-Term
Top Wall Street analysts suggest these 3 dividend stocks for consistent income
Oil Remains Above $80: Are Permian Stocks Well Poised to Gain?
Here's Why Diamondback Energy (FANG) is a Strong Growth Stock
Energy CEO Sells 10,000 Shares, Valued at $2.1 Million, Following 53% Rally
28,279 Shares in Diamondback Energy, Inc. $FANG Acquired by Bank of Nova Scotia
Callan Family Office LLC Purchases Shares of 12,186 Diamondback Energy, Inc. $FANG
Allworth Financial LP Takes $2.08 Million Position in Diamondback Energy, Inc. $FANG
Diamondback Hits a Milestone at Just the Right Time
Aurora Investment Counsel Acquires New Holdings in Diamondback Energy, Inc. $FANG
Capital Financial Group Inc. Co. ADV Takes $684,000 Position in Diamondback Energy, Inc. $FANG
This New Pipeline Could Unlock Years of Growth for 4 Energy Stocks. Here's Why That's a Win for All of Them.
SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST
Fielder Capital Group LLC Buys New Stake in Diamondback Energy, Inc. $FANG
Dividend Champion, Contender, And Challenger Highlights: Week August 16
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