Revenue segments as reported by the company.

Oil, natural gas and natural gas liquid sales

Midstream services

Other operating income

Sales of purchased oil

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Lease operating expenses

Production and ad valorem taxes

Gathering and transportation

Midstream services expense

Depreciation, depletion, amortization and accretion

Impairment of oil and natural gas properties

General and administrative

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Diamondback Energy

Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q2 2023

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Earnings data Q1 2024

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Diamondback Energy excels in Q4 2022, navigates challenges, eyes opportunities

Diamondback Energy's Q4 2022 performance was marked by robust financial results, strategic acquisitions, and operational optimizations. While facing inflationary pressures and market challenges, the company is focused on maintaining capital efficiency and hedging oil prices. Opportunities lie in asset optimization, e-fleet technology adoption, and potential M&A activities.

Diamondback Energy excels in operational efficiencies and strategic financial management

Diamondback Energy's Q1 2023 earnings call highlighted strong operational performance, cost efficiencies, and strategic capital allocation. The company's commitment to efficiency, hedging strategies, and focus on reducing debt showcase a resilient financial strategy amidst market challenges and opportunities.

Diamondback Energy excels in Q2 with focus on efficiency and growth

Diamondback Energy's Q2 earnings call highlighted strong performance, operational efficiencies, and strategic capital allocation. The company's focus on cost control, value creation, and disciplined M&A positions it well for future growth. Challenges in managing service costs, production dynamics, and technology optimization underscore the need for continued strategic focus.

Diamondback Energy prioritizes capital efficiency and shareholder returns in Q3

Diamondback Energy's Q3 call highlights a strategic focus on capital efficiency and shareholder returns. The company aims for modest growth through cost savings and consistent operational performance. Challenges include managing costs, activity levels, and addressing industry consolidation dynamics.

Diamondback Energy prioritizes capital efficiency and cost control post-merger

Diamondback Energy's Q4 2023 performance highlighted a focus on capital efficiency, cost control, and maintaining production levels amidst market challenges.
The company's strengths lie in size and scale benefits, strategic hedging, and plans for operational improvements post-merger.
Challenges include managing commodity price volatility, balancing debt reduction, and navigating market uncertainties.
Opportunities arise from asset sales, tax benefits, synergies with Endeavor, and future M&A activities for growth and efficiency.

Diamondback Energy focuses on efficiency and growth strategies in Q1 2024 earnings call

Diamondback Energy's Q1 2024 earnings call highlighted a proactive approach to addressing industry challenges while capitalizing on growth opportunities. The company's strategic initiatives, cost management efforts, and focus on operational efficiencies position them well for future success in a dynamic market environment.

Diamondback Energy excels in Q3, eyes cost efficiency and diversification

Diamondback Energy's Q3 2024 earnings call highlighted a strong performance with a focus on free cash flow generation and cost optimization.
The company's strategic initiatives to decrease breakeven per barrel, explore new revenue streams, and maintain shareholder returns demonstrate a proactive approach.
While facing challenges in a competitive landscape, Diamondback Energy's adaptability and commitment to shareholder value position them well for future growth.

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Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.

Diamondback (FANG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Diamondback Energy (FANG) to Report a Decline in Earnings: What to Look Out for

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TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback Energy

Top Wall Street analysts are upbeat on these dividend stocks

Diamondback Energy (FANG) concluded the recent trading session at $184.38, signifying a +1.92% move from its prior day's close.

Diamondback Energy (FANG) Ascends While Market Falls: Some Facts to Note

Agree Realty

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The market is experiencing robust earnings growth, low inflation, and solid GDP figures, leading many to feel bullish despite underlying economic challenges. While valuations are high, investors are banking on an "immaculate soft landing" for growth, making high-quality dividend stocks an attractive choice. I'm gradually shifting my focus to high-yield dividend stocks, anticipating better risk/reward scenarios compared to the S&P 500 in the coming years.

Wakeup Call - It's Time To Buy High-Yield Dividends

Diamondback Energy (FANG) closed at $183.99 in the latest trading session, marking a +0.02% move from the prior day.

Diamondback Energy (FANG) Rises Yet Lags Behind Market: Some Facts Worth Knowing

American energy investors face persistent challenges, with recent price drops influenced by economic fears and geopolitical factors, particularly in the Permian Basin. The Permian has driven significant production growth, but it hasn't translated into strong shareholder value due to hypergrowth and declining reserve quality. Investors need to be selective in the energy sector, as many stocks may struggle. However, the right choices can lead to substantial long-term gains.

Double-Digit Yield Potential - 3 Of The Smartest Energy Plays Money Can Buy

Exxon Mobil

Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil and Devon Energy.

What Investors Should Note From OPEC's Monthly Oil Market Report

It would be wise to focus on DVN & FANG stocks, as the crude price is favorable with BKR's weekly rig count report stating that the tally is increasing.

US Rig Count Rises: Time to Keep an Eye on DVN & FANG Stocks?

As the largest remaining Permian pure-play, we view Diamondback's asset base as highly attractive with per barrel costs at the low end of US E&Ps and a leading reserve life. The acquisition of Endeavor should further build on these strengths, extending

Diamondback Energy: Permian's Last Man Standing

Diamondback Energy (FANG) closed at $194.96 in the latest trading session, marking a +0.46% move from the prior day.

Diamondback Energy (FANG) Rises But Trails Market: What Investors Should Know

Chevron

EOG, FANG, XOM and CVX, with their vast resources and strategic positioning, are poised to leverage the Permian Basin's output for substantial returns.

4 Permian-Focused Energy Stocks to Put in Your Watchlist

Diamondback Energy on Thursday signaled lower prices for its third-quarter oil and gas production, making it the third U.S. shale producer to do so in just a week.

Diamondback Energy flags lower oil and gas prices for third quarter

It would be wise to focus on EOG & FANG stocks, as the crude price is favorable despite BKR's weekly rig count report stating that the tally is declining.

US Rig Count Falls: Should You Keep an Eye on EOG & FANG Stocks?

Diamondback Energy Inc (FANG, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With its shares currently priced at $198.05 and experiencing a daily gain of 1.77%, despite a slight three-month dip of -2.08%, the company stands out in the competitive energy sector.

The Investment Case for Diamondback Energy Inc (FANG): How Financial Growth and Innovation

VNOM's newly acquired assets are not only immediately financially accretive but also offer a significant untapped inventory that bolsters long-term production growth.

Viper Energy Concludes Acquisition of Tumbleweed Royalty Subsidiaries

Diamondback Energy Inc FANG shares were climbing in early trading on Friday, during a rise in energy stocks with growing Middle East tensions.

Diamondback Energy Is 'Making All The Right Moves,' Says Bullish Analyst

Diamondback Energy Inc (FANG, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With its shares currently trading at $191.13 and experiencing a daily gain of 1.5%, despite a three-month dip of -6.6%, the company stands out in the competitive energy sector.

Why Investors Are Eyeing Diamondback Energy Inc (FANG): The Key Drivers of Market

October 4, 2024 - Diamondback Energy (FANG, Financial), a leading company that primarily focuses on finding and producing oil and natural gas in the Permian Basin, West Texas, that is known for its rich energy resources, is experiencing a surge in investor interest. Here's a breakdown of the key drivers:

Middle East Tensions Boost Diamondback's Bottom Line: Acquisition and Proven Performance

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If Oil Prices Jump Past This Level On Middle East Tensions These Stocks Could Kick Into Overdrive

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Morgan Stanley Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday

The oil company couldn't overcome the pressure of falling oil prices.

Why Diamondback Energy Stock Dropped More Than 11% in September

While oil stocks rise across the board amid escalating tensions in the Middle East, Diamondback Energy Inc (NASDAQ:FANG) stock is getting an extra boost, up 2.8% to trade at $182.44, after Barclays upgraded the oil equity to "overweight" from "equal weight.

Analyst: Oil Stock Boasts Clear Positive Event Path

Oil stocks responded to rising oil prices Wednesday, as Israel and Iran broadened their conflict in the Middle East.

Oil Stocks Stir, Oil Prices Rise As Israel-Iran War Broadens

FANG increases its third-quarter production forecast to 565,000-569,000 barrels of oil equivalent per day and elevates CapEx to $675-$700 million.

Diamondback Boosts Q3 Production & CapEx Guidance After Acquisition

MIDLAND, Texas, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced revised Q3 2024 production and capital guidance. This guidance has been updated to give effect to the Endeavor Energy Resources, L.P. (“Endeavor”) merger, which was completed on September 10, 2024.

News for Diamondback Energy Stock (FANG)