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.

Marathon Petroleum

Micron Technology

Nucor

NVIDIA

Steel Dynamics

22V Research put together a list of candidates, and said many are likely to see reversals in February.

Nvidia and 5 Other Stocks at High Risk for Short Selling

Cognizant Technology Solutions

Golar LNG

Goodyear Tire & Rubber

MercadoLibre

Regeneron Pharmaceuticals

UnitedHealth Group

As Feb. gets underway, I'm finding under-appreciated, undervalued stocks to buy. When seeking value in the stock market the hope is that other investors will see what you see: The underappreciated value inherent in strong businesses that don't necessarily garner a lot of attention.

The 7 Most Undervalued Stocks to Buy in February 2023

Matador Resources

Pioneer Natural Resources

Exploration and production businesses are witnessing big gains from a healthy crude price trajectory. Thus, Diamondback (FANG), Pioneer (PXD) & Matador (MTDR) are poised to gain.

3 Permian Explorers to Keep an Eye on Healthy Oil Prices

MIDLAND, Texas, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has completed its previously announced acquisition of all leasehold interests and related assets of Lario Permian, LLC, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers (collectively “Lario”).

Diamondback Energy, Inc. Announces Closing of Lario Acquisition

Bunge Global SA

Chesapeake Energy

Darling Ingredients

Enerplus

Marathon Oil

Ovintiv

PBF Energy

Targa Resources

Vincent S. Maddi is the Co-Founder and Portfolio Manager at SIR Capital Management.

Top 10 Holdings of Vincent Maddi

ConocoPhillips

Chevron

Devon Energy

Halliburton

Kinder Morgan

Occidental Petroleum

Energy prices remain volatile but have been trending upwards so far in 2023. The price of crude oil is currently hovering just above $80 a barrel.

7 Energy Stocks to Buy as a New Bull Market Emerges

Recently, Zacks.com users have been paying close attention to Diamondback (FANG). This makes it worthwhile to examine what the stock has in store.

Is Trending Stock Diamondback Energy, Inc. (FANG) a Buy Now?

U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hitting its lowest level since 2005 as buyers became more choosy about asset purchases.

U.S. oil & gas M&A hit 17-year low; big firms dominate deals-report

HF Sinclair Corp

Exxon Mobil

DINO, XOM and FANG are three fundamentally and operationally strong energy companies that should enable you to live off dividends through sector volatility.

3 Safe Dividend Stocks Worth Considering in the Energy Space

Energy stocks Chesapeake Energy Corporation (NASDAQ:CHK) and Diamondback Energy Inc (NASDAQ:FANG) are in the spotlight today, after Gerdes Energy Research initiated coverage on both with a "buy" rating.

More "Buy" Ratings for These 2 Energy Stocks

NextEra Energy

Last year was terrible for the stock market overall, but the energy sector actually performed quite well. Indeed, it was the only segment in the S&P 500 that rose in 2022.

3 Dividend-Paying Energy Stocks to Buy for 2023

The oil company has outperformed since the bear market began.

Up 22% in This Bear Market, Is Diamondback Energy Still a Winner?

MIDLAND, Texas, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release fourth quarter 2022 financial results on February 21, 2023 after the market closes.

Diamondback Energy, Inc. Schedules Fourth Quarter 2022 Conference Call for February 22, 2023

Bancolombia

Coterra Energy

Energy Transfer LP Unit

Himax Tech

ICL-Israel Chemicals

Kenon Hlds

Dorian LPG

Mativ Inc

Owl Rock Capital Corp

Petroleo Brasileiro

Sociedad Quimica Y Minera De Chile

ZIM Integrated Shipping Services

“Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." - YCharts Value Screener. 57 Value Rank and Graham Formula results reflect established value stock detection criteria. Of those, 48 met the dogcatcher ideal of dividends from $1K invested exceeding their single-share stock prices.

48 January Value Dog Buys

3 Permian Explorers in Focus on Healthy Oil Prices

Even before energy prices began spiking, Diamondback Energy Inc. ( FANG , Financial) began growing its free cash flow aggressively. That growth began in the fourth quarter of 2019, when the average closing price of West Texas Intermediate was $56.99 and the high of the year was $66.24.

Diamondback: A Free Cash Flow Star

Investors need to pay close attention to Diamondback Energy (FANG) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Diamondback Energy (FANG) Stock?

Management is growing through acquisitions that have historically been accretive. Now management is also divesting noncore assets.

Diamondback Energy: Navigating The Fine Print

Amazon

General Electric

Hess

Investors hope for a Santa Claus Rally this time of year. And some S&P 500 stocks deliver a gift to them whether Santa shows up or not.

7 Stocks Pay Off Big During Santa Claus Rally

Diamondback Energy is one of the largest E&Ps in the Permian Basin and boasts an incredibly wealthy resource base. The company's reserves are sufficient to allow it to be patient and acquire acreage at good prices.

Diamondback Energy: Strong Balance Sheet, High Yield, Low Valuation

Southwestern Energy

Here are three natural gas stocks to watch in the stock market this upcoming year.

3 Natual Gas Stocks For Your 2023 Watchlist

Black Stone Minerals LP

Canadian Natural Resources

Texas Pacific Land Trust

Woodside Energy Group Ltd

This may feel like an odd time to be talking about the best natural gas stocks to buy. Natural gas futures trading on the New York Mercantile Exchange's Henry Hub just closed at a two-month low despite much of the U.S. bracing for an “Arctic blast.

7 Best Natural Gas Stocks to Buy Now

News for Diamondback Energy Stock (FANG)