Full history for every metric is available with a Kvantra account
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | 2.8 | 6.7 | 9.6 | 8.3 | 11.0 | 15.0 | 18.6 | 19.4 |
| Operating profit | $bn | 4.92 | 6.00 | ||||||
| Net profit | $bn | -4.52 | 2.18 | 4.39 | 3.14 | 3.34 | 1.66 | 2.17 | 6.42 |
| EPS reported | $ | 5.73 | 7.31 | ||||||
| Operating cashflow per share | $ | 30.30 | 37.00 | ||||||
| Capex per share | $ | 12.19 | 13.92 | ||||||
| FCF per share | $ | 18.11 | 23.08 | ||||||
| Free cash flow | $bn | 5.24 | 6.46 | ||||||
| Net debt | $bn | 14.8 | 12.7 | ||||||
| Book value equity | $bn | 37.0 | 39.0 | ||||||
| Book value per share | $ | 127.9 | 139.2 | ||||||
| Number of shares | m | 289.08 | 279.96 | ||||||
| DPS (TTM paid) | $ | 4.00 | 4.25 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 26.24 | 24.36 | ||||||
| P/B LTM | x | 1.18 | 1.28 | ||||||
| P/S LTM | x | 2.89 | 2.67 | ||||||
| P/FCF LTM | x | 8.30 | 7.69 | ||||||
| EV/EBITDA LTM | x | 8.14 | 7.74 | ||||||
| EV/Sales LTM | x | 3.88 | 3.35 | ||||||
| Earnings Yield LTM | % | 3.81% | 4.11% | ||||||
| FCF Yield | % | 12.05% | 13.00% | ||||||
| Quality | |||||||||
| ROE | % | 4.50% | 5.78% | ||||||
| ROIC | % | 6.00% | 7.08% | ||||||
| Operating margin | % | 32.73% | 32.23% | ||||||
| Gross margin | % | 35.16% | 46.99% | ||||||
| FCF/Sales | % | 34.84% | 34.72% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -63.10% | -49.17% | ||||||
| Sales Growth YoY | % | +36.31% | +21.61% | ||||||
| Net Income Growth YoY | % | -50.15% | -48.26% | ||||||
| FCF Growth | % | - | +1361.8% | ||||||
| Operating Profit Growth | % | +11.87% | +9.85% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 2.66% | 2.39% | ||||||
| Dividend Growth | % | -51.75% | +8.97% | ||||||
| Payout Ratio | % | 69.79% | 71.67% | ||||||
| FCF/Debt | x | 0.35 | 0.49 | ||||||
| Net Debt/EBITDA | x | 2.06 | 1.57 | ||||||
| EBIT/Net interest | x | 20.16 | 23.80 | ||||||
| Net debt/market cap | % | 33.99% | 25.49% | ||||||
| Net debt/Equity | x | 0.40 | 0.33 | ||||||
| Gross debt/equity | x | 0.40 | 0.34 | ||||||
ETFs that hold Diamondback Energy
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| First Trust Nasdaq Oil & Gas ETF | FTXN | 9 | 3.64% |
| iShares U.S. Oil & Gas Exploration & Production ETF | IEO | 7 | 4.33% |
| First Trust Natural Gas ETF | FCG | 7 | 4.06% |
| Tortoise Capital Series Trust - Energy Fund | TNGY | 6 | 7.26% |
| iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc) | IOGP.L | 6 | 5.18% |
| Hamilton Energy YIELD MAXIMIZER ETF | EMAX.TO | 8 | 5.28% |
| Strive U.S. Energy ETF | DRLL | 9 | 4.03% |
| Invesco Energy Exploration & Production ETF | PXE | 8 | 4.62% |
| Ninepoint Energy Income Fund | NRGI.NE | 7 | 6.24% |
Funds with Diamondback Energy among their ten largest holdings, largest fund first.
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| First Trust Nasdaq Oil & Gas ETF | FTXN | 9 | 3.64% |
| iShares U.S. Oil & Gas Exploration & Production ETF | IEO | 7 | 4.33% |
| First Trust Natural Gas ETF | FCG | 7 | 4.06% |
| Tortoise Capital Series Trust - Energy Fund | TNGY | 6 | 7.26% |
| iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc) | IOGP.L | 6 | 5.18% |
| Hamilton Energy YIELD MAXIMIZER ETF | EMAX.TO | 8 | 5.28% |
| Strive U.S. Energy ETF | DRLL | 9 | 4.03% |
| Invesco Energy Exploration & Production ETF | PXE | 8 | 4.62% |
| Ninepoint Energy Income Fund | NRGI.NE | 7 | 6.24% |
Funds with Diamondback Energy among their ten largest holdings, largest fund first.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free