Diamondback Energy (FANG)

On 12 Nov 2026 Diamondback Energy closed at $182.20, +24.1% this year; market cap $51.01bn, P/E 23.5.

About

Energy · Oil & Gas Exploration & Production · NASDAQ · United States

Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Key figures

Market cap$51.01bn
P/E (trailing)23.5
EPS (TTM)$7.75
Beta0.47
Dividend$4.72
Dividend yield2.59%
Ex-dividend date12 Nov 2026
Latest report2 Nov 2026
Next earnings1 Feb 2027

Performance

YTD+24.1%
1Y+28.5%
3Y+9.0%
5Y+15.5%

Financials

YearRevenueNet incomeFree cash flow
2025$15.03bn$1.66bn$5.24bn
2024$11.02bn$3.34bn$-5.37bn
2023$8.34bn$3.14bn$1.21bn
2022$9.57bn$4.39bn$2.82bn
2021$6.75bn$2.18bn$1.65bn

Valuation

We publish no single base value for Diamondback Energy. Our valuation methods put it between $282.09 and $1,515.14 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method

Options

Call and put prices: our price for each next to the market's.

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Data as of 12 Nov 2026. Not investment advice.