FANG:NSD-Diamondback Energy, Inc (USD)

COMMON STOCK | Oil & Gas E&P | NSD

Last Closing Price

USD 23.59

Change

-0.28 (-1.17)%

Market Cap

USD 2.94B

Volume

4.63M

Average Target Price

USD 47.73 (+102.32%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It 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, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2019, the company's total acreage position was approximately 455,378 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,127,575 thousand barrels of crude oil equivalent. It also held working interests in 2,656 gross producing wells, as well as royalty interests in 4,161 additional wells. In addition, the company owns mineral interests approximately 814,224 gross acres and 24,304 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, such as 867 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-03-30 )

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ETFs Containing FANG

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FRAK VanEck Vectors Unconventi.. 4.12 % 0.54 %

-0.06 (-1.52%)

USD0.01B
DRIP Direxion Daily S&P Oil & .. 2.52 % 1.07 %

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XOP SPDR S&P Oil & Gas Explor.. 0.00 % 0.35 %

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FXN First Trust Energy AlphaD.. 0.00 % 0.65 %

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GUSH Direxion Daily S&P Oil & .. 0.00 % 1.04 %

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USD0.15B

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -74.60% 54% F 3% F
Dividend Return 0.40% 25% F 27% F
Total Return -74.19% 54% F 3% F
Trailing 12 Months  
Capital Gain -76.77% 64% D 8% F
Dividend Return 0.93% 20% F 20% F
Total Return -75.84% 68% D+ 9% F
Trailing 5 Years  
Capital Gain -69.30% 73% C 24% F
Dividend Return 1.87% 17% F 6% F
Total Return -67.43% 73% C 23% F
Average Annual (5 Year Horizon)  
Capital Gain 7.96% 88% B+ 65% D
Dividend Return 0.19% 17% F 3% F
Total Return 8.15% 83% B 62% D-
Risk Return Profile  
Volatility (Standard Deviation) 26.83% 88% B+ 57% F
Risk Adjusted Return 30.39% 96% A 59% F
Market Capitalization 2.94B 100% A+ 87% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 12.66 18% F 60% D-
Price/Book Ratio 0.22 54% F 95% A
Price / Cash Flow Ratio 1.08 30% F 55% F
EV/EBITDA 3.48 41% F 53% F
Management Effectiveness  
Return on Equity 2.17% 62% D- 51% F
Return on Invested Capital 7.23% 61% D- 64% D
Return on Assets 3.81% 57% F 77% C+
Debt to Equity Ratio 40.54% 76% C 47% F
Technical Ratios  
Short Ratio 2.56 56% F 53% F
Short Percent 4.80% 68% D+ 45% F
Beta 1.13 75% C 42% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.