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

Merger and integration expense

Other operating expense

Purchased oil expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Crap players and energy investors will likely understand the title of this article better than most. That because "snake eyes" is typically a bad come-out roll on a crap table unless you're betting "Don't Pass". Today, with high O&G pricing, odds are much better on FANG.

Diamondback Energy: No Snake Eyes Here

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The three major U.S. equity indexes closed higher on Thursday. The Dow Jones Industrial Average added 1.03%, the Standard & Poor's 500 rose 1.21%, and the Nasdaq Composite closed up 1.08%.

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Why Diamondback Energy (FANG) is a Top Growth Stock for the Long-Term

Surging commodity prices and exposure to higher margins are likely to have boosted Diamondback Energy's (FANG) profit levels in the second quarter.

Is Diamondback (FANG) Headed for Another Earnings Beat in Q2?

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After a brutal sell-off, energy stocks seem to have found their footing.

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Goldman Sachs on Monday picked five top energy stocks of ahead of their quarterly earnings, saying it keeps a “constructive” view on the sector thanks to cash flows and valuations, among other highlights.

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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.

Diamondback Energy (FANG) Reports Next Week: Wall Street Expects Earnings Growth

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Some times you have to break an egg to make an omelet. These are the seven best high-yield retirement stocks to buy for your nest egg.

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Occidental Petroleum

Oil prices were down as fears over demand destruction kicked in.

Why Occidental Petroleum, Devon Energy, and Diamondback Energy Shares Fell Today

Even with oil prices cooling off, these oil companies can richly reward their investors.

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Core Laboratories Inc

The market is worried that global oil demand could drop if parts of China go back into COVID-19 lockdowns.

Why Energy Stocks Plunged Today

Higher oil prices enabled the company to boost its cash returns.

Why Diamondback Energy Stock Jumped 12% in the First Half of 2022

MIDLAND, Texas, July 11, 2022 (GLOBE NEWSWIRE) -- Travis Stice, Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback" or the "Company"), is pleased to announce that effective July 7, 2022, the Company increased the size of Diamondback's Board of Directors to ten members, adding Rebecca A. Klein and Frank D. Tsuru as independent directors.

Diamondback Energy, Inc. Announces Appointments to the Board of Directors

These energy stocks offer high-octane income streams fueled by oil prices.

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Energy stocks bounced back big after oil stopped falling, China unveiled new stimulus, and supply worries mounted again.

Why Ovintiv, Devon Energy, and Diamondback Energy Rallied Today

Goldman Sachs

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The depressed P/E ratios of these three S&P 500 growth stocks make them value stocks in a growth wrapper—and bargain buys for investors.

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Consumer-discretionary names like Dollar Tree, Etsy, and TJX Cos. were outperforming the market as investors focused on the risk of a recession.

Energy Stocks, an Early Winner This Year, Are Tuesday's Big Losers

The company has a reliable portfolio of assets that it's using to maintain its strong production. At current prices, we expect the company to be able to provide a double-digit dividend yield, with additional shareholder returns.

Diamondback Energy: Reliability At A Great Price

Why These 3 Oil Dividend Stocks Tumbled More Than 15% in June

MIDLAND, Texas, July 01, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release second quarter 2022 financial results on August 1, 2022 after the market closes.

Diamondback Energy, Inc. Schedules Second Quarter 2022 Conference Call for August 2, 2022

These oil-fueled dividends will fluctuate with crude prices.

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The income potential of variable income entities is best realized when these vehicles are purchased near industry bottoms. There is a base dividend that is likely to grow and be maintained throughout the cycle.

Diamondback Energy: Potential Income From 2020 Acquisitions Realized

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Investors who can ride out the short-term volatility are poised to find attractive Nasdaq stocks to buy at bargain valuations. These are the best Nasdaq stocks to buy before they rebound.

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News for Diamondback Energy Stock (FANG)