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

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Margins

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

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Production and ad valorem taxes

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Impairment of oil and natural gas properties

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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

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Earnings data Q1 2024

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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.

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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.

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Oil will probably continue its northbound journey on an encouraging U.S. economic growth outlook. Matador (MTDR), Diamondback (FANG), Pioneer (PXD) and Callon (CPE) are set to gain from the same.

US Economy Recovering Faster Than Expected: Oil Firms to Gain

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Government's fiscal aid and vaccine rollout will expedite economic recovery. This necessitates investment in Diamondback Energy (FANG), Capital One Financial (COF), Rent-A-Center (RCII), Rocky Brands (RCKY) and Matador Resources (MTDR).

Stimulus Package & Vaccine Rollout to Aid Recovery: 5 Picks

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

Why Diamondback (FANG) Might be Well Poised for a Surge

Oil price will probably continue their northbound journey. EOG Resources (EOG), Diamondback (FANG) and ConocoPhillips (COP) are well placed to gain.

3 Oil Stocks Rewarding Higher Dividend Yields Than the S&P 500

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Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.

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The sell-off continued, but not everything lost ground.

2 Bright Spots in Friday's Stock Market Downturn

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The top five gainers of the S&P 500 yesterday were all energy firms - Diamondback Energy (FANG), EOG Resources (EOG), Marathon Oil (MRO), Apache (APA) and Hess (HES).

Oil Soars on OPEC+ Surprise: Energy Stocks Post Big Gains

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Sleep Number

As the Nasdaq eroded all the gains made this year and turned red due to the tech sell-off, there are still some stocks that have gained more than 50% so far this year.

Nasdaq Turns Red YTD: 5 Top-Ranked Stocks Up More Than 50%

MIDLAND, Texas, March 04, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced that, in connection with the pending all-stock acquisition of QEP Resources, Inc. (“QEP”), it has commenced (i) a cash tender offer (the “Diamondback Tender Offer”) to purchase any and all of Diamondback's outstanding 5.375% Senior Notes due 2025 (the “2025 Notes”) and (ii) cash tender offers (the “QEP Tender Offers” and, together with the Diamondback Tender Offer, the “Tender Offers”) to purchase any and all of QEP's outstanding 5.375% Senior Notes due 2022 (the “2022 Notes”), 5.250% Senior Notes due 2023 (the “2023 Notes”) and 5.625% Senior Notes due 2026 (the “2026 Notes” and, together with the 2022 Notes and the 2023 Notes, the “QEP Notes” and, the QEP Notes together with the 2025 Notes, the “Notes”) from holders of each series of the Notes. In connection with the Tender Offers, Diamondback is also soliciting consents from holders of each series of the Notes (collectively, the “Consent Solicitations”) to effect certain amendments to the indentures governing each series of the Notes (collectively, the “Indentures”). The terms and conditions of the Diamondback Tender Offer and related Consent Solicitation are described in the Offer to Purchase for Cash and Consent Solicitation Statement, dated March 4, 2021 (the “Diamondback Offer to Purchase”). The terms and conditions of the QEP Tender Offers and Consent Solicitation are described in the Offer to Purchase for Cash and Consent Solicitation Statement, dated March 4, 2021 (the “QEP Offer to Purchase” and, together with the Diamondback Offer to Purchase, the “Offers to Purchase”).

Diamondback Energy, Inc. Announces Conditional Tender Offers and Consent Solicitations for Its 5.375% Senior Notes due 2025 and QEP Resources, Inc.'s 5.375% Senior Notes due 2022, 5.250% Senior Notes due 2023 and 5.625% Senior Notes due 2026

The momentum in crude rally will continue, brightening prospects for explorers and producers. Pioneer (PXD), Matador (MTDR), Diamondback (FANG) and EOG Resources (EOG) are set to gain.

Tap the Crude Rally With These 4 Permian Explorers

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

Do Options Traders Know Something About Diamondback Energy (FANG) Stock We Don't?

Permian Basin Witnesses Addition of 4 Oil Drilling Rigs

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Oakmark Fund manager Bill Nygren (Trades, Portfolio) disclosed his fourth-quarter portfolio earlier this week.

Bill Nygren Adds 4 Stocks to Portfolio in 4th Quarter

As of late, it has definitely been a great time to be an investor in Diamondback Energy (FANG).

Diamondback Energy's (FANG) Shares March Higher, Can It Continue?

MIDLAND, Tx., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that it has completed its previously announced acquisition of leasehold interests and related oil and gas assets from Guidon Operating LLC, a portfolio company of Blackstone Energy Partners. Aggregate consideration consisted of $375 million in cash and 10.68 million shares of the Company's common stock after accounting for post-effective date adjustments. As a result of the acquisition, Diamondback adds approximately 32,500 net acres in the Northern Midland Basin, primarily held by production allowing for capital efficient full field development.

Diamondback Energy, Inc. Announces Closing of Acquisition from Guidon Operating LLC

Diamondback (FANG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Diamondback (FANG) Hits Fresh High: Is There Still Room to Run?

The recent rise in oil prices hasn't altered the oil producer's strategy.

This Oil Stock Plans to Stand Firm in 2021

Diamondback Energy, Inc. (FANG) CEO Travis Stice on Q4 2020 Results - Earnings Call Transcript

Diamondback (FANG) records $104 million in cash equivalents and long-term debt of $5.62 billion as of Dec 31, 2021.

Diamondback (FANG) Q4 Earnings Beat on Higher Production

The oil market is likely going to become a big deal in 2021 because 2020 featured such brutal action, at one point taking the price of WTI Crude down to negative $40/barrel – an all-time low. That crash was precipitated by lockdowns associated with the COVID-19 pandemic health crisis, specifically in March thru May.

All Eyes on Oil Stocks as Shortage Fears Grow (NYSE: MTDR) (OTC US: AGYP) (NASDAQ: FANG)

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These are the stocks posting the largest moves after the bell on Monday, Feb. 22.

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Shares of Diamondback Energy (NASDAQ:FANG) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 57.51% over the past year to $0.82, which beat the estimate of $0.81.

Recap: Diamondback Energy Q4 Earnings

MIDLAND, Texas, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2020.

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2020 Financial and Operating Results; Increases Dividend

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

News for Diamondback Energy Stock (FANG)