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.

Chevron

Exxon Mobil

Diamondback upshifted among oil stocks with its $26 billion acquisition of Endeavour Energy. Investors are hot on details.

Permian Basin's Largest Producer, After Chevron And Exxon, Due To Report

Vital Energy Inc

Diamondback Energy acquires Endeavor Energy, adding 357,000 BOEPD and 344,000 net acres to its Permian Basin assets. The acquisition is financed with $18 billion in common stock issuance and $8 billion in cash. The deal is the second most expensive Permian acquisition since 2023, indicating a trend of highly valued deals in the region.

Diamondback Acquires Endeavor In $26 Billion Permian Oil Deal, With Read-Through For Vital Energy

Crown Castle International

The best retirement portfolios, even those with heavy positioning in fixed income assets like bonds, may need rebalancing from time to time. And, as older Americans fear financial uncertainty, traditional retirement planning may no longer be enough.

Retirement Riches: 3 Stocks That Can Beat Bonds for Income

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

Should You Buy Diamondback Energy (FANG) Ahead of Earnings?

Diamondback Energy (FANG) beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two.

Diamondback's (FANG) Q4 Earnings Preview: Things to Consider

Abercrombie & Fitch

Interactive Brokers

Toyota Motor

Waste Management

Walmart

“Magnificent Seven” components like Nvidia (NASDAQ: NVDA ) aren't the only stocks hitting new highs. As of this writing, plenty of stocks outside of the “Magnificent Seven,” and outside of the tech sector, for that matter, have recently hit record highs.

Not Just Nvidia! 7 More Stocks Hitting New Highs

Occidental Petroleum

A wave of consolidation is sweeping through the energy sector right now. Since last autumn, a number of billion-dollar takeover deals have been announced that are focused on the Permian Basin situated across parts of Texas and New Mexico.

Exit Now! 3 Energy Stocks to Sell in February 2024.

Diamondback (FANG) joins forces with Endeavor Energy Resources, forming a $26B Permian Basin powerhouse, poised for substantial growth and profitability.

Diamondback (FANG) to Merge With Endeavor in a $26B Deal

CENAQ Energy Corp

HOUSTON--(BUSINESS WIRE)--Verde Clean Fuels, Inc. (NASDAQ: VGAS) (“Verde” or the “Company”) and Cottonmouth Ventures LLC, a subsidiary of Diamondback Energy (NASDAQ: FANG) (“Diamondback”), today announced that the parties have executed a Joint Development Agreement (“JDA”) for the proposed development, construction, and operation of a facility to produce commodity-grade gasoline utilizing associated natural gas feedstock supplied from Diamondback's operations in the Permian Basin. The JDA provi.

Verde Clean Fuels, Inc. and Cottonmouth Ventures LLC Announce Joint Development Agreement for a Proposed Natural Gas-to-Gasoline Facility in Permian Basin

Diamondback Energy is buying Endeavor Energy Resources. The merger will make Diamondback bigger and better.

Diamondback Energy Follows ExxonMobil and Occidental Petroleum with a Permian Megadeal

Energy explorer Diamondback agreed to acquire privately held oil and gas producer Endeavor, which has prime locations in the Permian Basin.

Diamondback Stock Is Soaring. Here Are Two Reasons Why.

Diamondback Energy Inc (NASDAQ:FANG) stock is shooting higher today, after reports that the oil and gas name is acquiring Endeavor Energy for $26 billion.

Giant Oil & Gas Merger Sends Stock Higher

Midland-based Diamondback Energy FANG was already a big upstream company in the prolific Permian Basin which straddles the border between West Texas and Southeast New Mexico. But the company led by CEO Travis Stice is now poised to become one of the region's giants in the wake of its announced $26 billion acquisition of privately held Endeavor Energy Resources Monday.

Another Oil Giant Emerges In The Permian Basin

Diamondback Energy (NASDAQ: FANG ) stock rose after the oil producer said it would pay $26 billion for privately held Endeavor Energy. The cash and stock deal, with Diamondback holding a majority stake, continues a trend of consolidation in the oil business around the heavily-fracked Permian Basin of west Texas and New Mexico.

FANG Stock Pops as Diamondback Energy Strikes a $26 BILLION Deal

Diamondback Energy (FANG) shares rose in pre-market trading Monday after the company announced plans for a merger with Endeavor Energy Resources, the latest in a string of big energy sector deals in recent months.

Diamondback Energy Stock Rises After Deal to Acquire Endeavor—Key Chart Pattern to Watch

Texas oil and natural gas firm Diamondback Energy announced Monday it will buy its privately held competitor Endeavor Energy in an agreement valuing the latter at roughly $26 billion, the latest massive energy deal amid an otherwise quiet time for dealmaking.

$26 Billion Oil Mega-Merger: Diamondback Energy Acquiring Rival Endeavor

Diamondback Energy Inc (NASDAQ:FANG, ETR:7DB) has agreed to pay $26 billion to take control of Endeavor Energy Resources, beating to the punch ConocoPhillips (NYSE:COP, ETR:YCP) to secure one of the most coveted private oil producers in the United States. This strategic move propels Diamondback into a leading position within the Permian Basin, the largest US oilfield, significantly expanding its operational footprint in Texas and New Mexico.

Diamondback Energy makes beats ConocoPhillips to land $26bn Endeavor Energy

The combined company would be the third-largest oil and gas producer in the region behind Exxon and Chevron, with both firms having announced recent deals.

Diamondback in $26B deal to buy Endeavor Energy in growing Permian push

Endeavor Group Holdings

Diamondback Energy to buy Endeavor Energy Resources, after IEA warning against new fossil fuel developments

US oil companies to merge in $26bn deal as firms rush to buy up drilling land

Diamondback Energy agreed to buy rival Endeavor Energy in cash and stock, creating another Permian shale giant.

Diamondback Energy Will Buy Permian Rival Endeavor For $26 Billion

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Diamondback Energy, Inc. (NASDAQ: FANG) and Endeavor Energy Resources, L.P. is fair to Diamondback shareholders. The proposed transaction consideration will consist of approximately 117.3 million shares of Diamondback common stock and $8 billion of cash, subject to customary adjustments. Upon completion of the proposed transaction, the Company's existing shareholders are expected to.

FANG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Diamondback Energy, Inc. Is Fair to Shareholders

Diamondback Energy on Monday decided to buy the largest privately held oil and gas producer in the Permian basin, Endeavor Energy Partners, in a cash-and-stock deal for about $26 billion, including debt.

Diamondback Energy to buy Endeavor Energy in $26 billion deal

MIDLAND, Texas, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) and Endeavor Energy Resources, L.P. (“Endeavor”), today announced that they have entered into a definitive merger agreement under which Diamondback and Endeavor will merge in a transaction valued at approximately $26 billion, inclusive of Endeavor's net debt. The combination will create a premier Permian independent operator.

Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

Diamondback Energy Inc. and Endeavor Energy Resources are reportedly in the late stages of deal talks that would see the shale rivals form a massive company.

Diamondback in talks to buy shale rival Endeavor for around $25 billion: report

Permian rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a merger that would create an oil and gas company which could be valued at more than $50 billion, the Wall Street Journal reported on Sunday.

News for Diamondback Energy Stock (FANG)