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.

Customers Bancorp

LCI Industries

Top Ranked Momentum Stocks to Buy for May 7th

The IBD SmartSelect Composite Rating for Diamondback Energy increased from 90 to 96 Wednesday. The post Diamondback Energy Earns Composite Rating Upgrade appeared first on Investor's Business Daily.

Diamondback Energy Earns Composite Rating Upgrade

Diamondback Energy, Inc. (FANG) CEO Travis Stice on Q1 2021 Results - Earnings Call Transcript

Diamondback's (FANG) Q1 capex adds up to $296 million. The company coughs up $273 million on drilling and completion activity and spends another $8 million on non-operated properties.

Diamondback (FANG) Q1 Earnings Beat Estimates, Increase Y/Y

Camber Energy

Helmerich & Payne

Cimarex Energy

As May gets in gear, energy markets will be gearing up for the summer driving season. This summer driving season might be one for the ages given that last year's version of the same didn't happen at all courtesy of the Covid-19 global pandemic health crisis and its associated repercussions on travel.

Summer Driving Season and Small-Cap Energy Stocks

Diamondback (FANG) delivered earnings and revenue surprises of 32.95% and 16.44%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Diamondback Energy (FANG) Beats Q1 Earnings and Revenue Estimates

MIDLAND, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2021.

Diamondback Energy, Inc. Announces First Quarter 2021 Financial and Operating Results

Diamondback (FANG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Diamondback (FANG) Might Surprise This Earnings Season

Quarterly increase in output and average price realization of crude oil are likely to boost Diamondback's (FANG) Q1 results.

What's in the Cards for Diamondback (FANG) in Q1 Earnings?

Diamondback (FANG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Diamondback (FANG) Stock

Matador Resources

Range Resources

A little over a year ago, the Saudi's had just declared diplomatic oil policy war on the Russians, who declared it right back, seemingly threatening to divide the new OPEC+ model and ruin what had been the savior for the oil market back in 2016. With the growth of US and Russian production, OPEC lost […]

The Race to Find High-Growth Oil Stocks as Oil Bull Roars (OTC US: VKIN) (NASDAQ: FANG) (NYSEAMERICAN: CEI) (NYSE: MTDR) (NYSE: RRC)

Huntsman

Pilgrim's Pride

Western Digital

Wells Fargo

Invest in high earnings yield stocks including WDC, FANG, WFC, HUN and PPC for handsome rewards.

5 High Earnings Yield Picks That are Worth Your Attention

Chevron

EOG Resources

Marathon Oil

ONEOK

Occidental Petroleum

Exxon Mobil

Despite yesterday's oil price fall, some of the top gainers of the S&P 500 year to date are energy-related names Marathon Oil (MRO), Diamondback Energy (FANG), Occidental Petroleum (OXY), EOG Resources (EOG), ONEOK (OKE) and ExxonMobil (XOM).

Oil Price Slips as EIA Reports Unexpected Inventory Build

Baker Hughes Co

Halliburton

Transocean

Schlumberger

Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States increases for five consecutive weeks.

Permian Witnesses Addition of Oil Rigs in 8 of Past 10 Weeks

Devon Energy

Oil has come a long way from the depths of last April's negative prices. In fact, some of the top gainers of the S&P 500 this year are energy-related names like Diamondback Energy (FANG), Marathon Oil (MRO), EOG Resources (EOG), ExxonMobil (XOM), Occidental Petroleum (OXY) and Devon Energy (DVN).

The Saga of Oil Recovery From Its Historic Plunge a Year Ago

ConocoPhillips

PDC Energy Inc

Phillips 66

Pioneer Natural Resources

Whiting Petroleum

The best oil stocks to pursue, for now, are primarily those that have positioned themselves to withstand even more headwinds in the future.

7 Slick Oil Stocks to Buy Now

The oil stock is already up about 60% this year.

Is Diamondback Energy Stock a Buy?

DCP Midstream

Kinder Morgan

Western Gas Partners

Halliburton (HAL), Kinder Morgan (KMI) and Schlumberger (SLB) all report first-quarter results this week and are viewed as an important read on the sector's outlook for the remainder of 2021.

Energy Q1 Earnings Ahead: Can Higher Prices Quell Winter Woes?

The price of West Texas Intermediate (WTI) shoots up nearly 7% since Apr 12, 2021. Stocks that are well placed to cash in on this rosy scenario are Diamondback (FANG), Matador (MTDR) and EOG Resources (EOG).

3 Oil Stocks You Can Add to Your Portfolio Right Away

APA Corporation

Some of the top gainers of the S&P 500 yesterday were energy-related names like Diamondback Energy (FANG), NOV Inc. (NOV), EOG Resources (EOG), Occidental Petroleum (OXY), Pioneer Natural Resources Company (PXD) and APA Corporation (APA).

Oil Names Rally on EIA Inventory Report, Demand Optimism

Hess

Oasis Petroleum

With oil prices having rebounded to around $60 per barrel, Permian operators like Matador Resources (MTDR), EOG Resources (EOG) and Diamondback Energy (FANG) have announced plans to increase production.

U.S. Shale Oil Output Rising, Permian to Hit 1-Year High

Diamondback Energy (FANG) amends its first-quarter oil and natural gas average production view to 307,400 Boe/d with oil output of 184,200 barrels per day.

Diamondback (FANG) Gives Preliminary Update on Q1 Production

OPEC-plus, the extended version of OPEC that came together several years ago to drive more policy power back into the global cartel-based oil regime, keeps delaying its expected production hike process because uncertainty still remains due to issues with vaccine distribution and the dangerous possibilities of new COVID-19 variants still emerging around the world. That […]

Investing in the Coming Oil Boom (NYSE: MTDR) (OTC US: AGYP) (NASDAQ: FANG)

MIDLAND, Texas, April 12, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today provided an operational update for the first quarter of 2021 and announced revised full year 2021 guidance.

Diamondback Energy, Inc. Provides First Quarter Update and Announces Revised 2021 Guidance

Baker Hughes' (BKR) data shows that the count of oil drilling rigs in Permian Basin has risen in six of the past seven weeks.

News for Diamondback Energy Stock (FANG)