FANG:NSD-Diamondback Energy, Inc (USD)

COMMON STOCK | Oil & Gas E&P | NSD

Last Closing Price

USD 78.67

Change

-0.67 (-0.84)%

Market Cap

USD 14.36B

Volume

1.59M

Avg Analyst Target

USD 97.82 (+24.34%)

Avg User Target

USD
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, 2020, the company's total acreage position was approximately 449,642 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,316,441 thousand barrels of crude oil equivalent. It also held working interests in 4,326 gross producing wells, as well as royalty interests in 4,553 additional wells. In addition, the company owns mineral interests approximately 787,264 gross acres and 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 927 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)

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Relative Returns (From:    To: 2021-07-22 )

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ETFs Containing FANG

Symbol Name Weight Mer Price(Change) Market Cap
CVY Invesco Zacks Multi-Asset.. 0.00 % 0.94 %

-0.19 (-0.81%)

USD0.13B
XOP SPDR S&P Oil & Gas Explor.. 0.00 % 0.35 %

-1.72 (-2.03%)

USD4.16B
IUSN:XETRA iShares III plc - iShares.. 0.00 % 0.35 %

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USD3.23B
IS0D:XETRA iShares Oil & Gas Explora.. 0.00 % 0.55 %

-0.07 (-0.56%)

USD0.19B
ZPRV:F SSgA SPDR ETFs Europe II .. 0.00 % 0.30 %

-0.56 (-1.23%)

USD0.26B
XDEW:F Xtrackers (IE) Public Lim.. 0.00 % 0.25 %

-0.32 (-0.48%)

USD6.03B
SXRG:F iShares VII Public Limite.. 0.00 % 0.43 %

-1.30 (-0.31%)

USD1.12B
IS0D:F iShares V Public Limited .. 0.00 % 0.55 %

+0.15 (+1.18%)

USD0.19B
SPOG:LSE iShares V Public Limited .. 0.00 % 0.55 %

-7.00 (-0.65%)

USD0.19B
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.55 %

-0.10 (-0.65%)

USD0.23B
QSY WisdomTree U.S. Quality S.. 0.00 % 0.38 %

-0.22 (-0.36%)

USD0.07B
VBR Vanguard Small-Cap Value .. 0.00 % 0.07 %

-2.31 (-1.36%)

USD48.08B
DON WisdomTree U.S. MidCap Di.. 0.00 % 0.38 %

-0.39 (-0.94%)

USD3.06B
SPYB SPDR S&P 500 Buyback ETF 0.00 % 0.35 %

N/A

USD0.02B
SPHB Invesco S&P 500 High Beta.. 0.00 % 0.25 %

-0.77 (-1.06%)

USD2.05B
RYE Invesco S&P 500 Equal Wei.. 0.00 % 0.40 %

-0.51 (-1.25%)

USD0.21B
PXI Invesco Exchange-Traded F.. 0.00 % 0.60 %

-0.53 (-2.02%)

USD0.21B
GUSH Direxion Daily S&P Oil & .. 0.00 % 1.14 %

-3.06 (-4.20%)

USD0.90B
FRAK VanEck Vectors Unconventi.. 0.00 % 0.54 %

-0.69 (-0.58%)

USD0.02B
FNY First Trust Mid Cap Growt.. 0.00 % 0.70 %

-0.37 (-0.51%)

USD0.44B
FCG First Trust Natural Gas E.. 0.00 % 0.60 %

-0.15 (-1.04%)

USD0.30B
EZM WisdomTree U.S. MidCap Ea.. 0.00 % 0.38 %

-0.62 (-1.20%)

USD0.73B
DRIP Direxion Daily S&P Oil & .. 0.00 % 1.06 %

+0.36 (+4.05%)

USD0.06B
SXRG:XETRA iShares VII Public Limite.. 0.00 % 0.43 %

-3.65 (-0.88%)

USD1.12B

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 62.54% 50% F 90% A-
Dividend Return 1.65% 33% F 61% D-
Total Return 64.19% 50% F 90% A-
Trailing 12 Months  
Capital Gain 91.55% 55% F 82% B-
Dividend Return 3.77% 50% F 64% D
Total Return 95.33% 55% F 82% B-
Trailing 5 Years  
Capital Gain -10.84% 46% F 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -10.84% 46% F 21% F
Average Annual (5 Year Horizon)  
Capital Gain -1.01% 42% F 22% F
Dividend Return 0.93% 33% F 25% F
Total Return -0.08% 37% F 21% F
Risk Return Profile  
Volatility (Standard Deviation) 56.10% 68% D+ 31% F
Risk Adjusted Return -0.14% 37% F 21% F
Market Capitalization 14.36B 100% A+ 93% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 39.60 28% F 27% F
Price/Book Ratio 1.27 70% C- 78% C+
Price / Cash Flow Ratio 6.78 35% F 44% F
EV/EBITDA 4.39 88% B+ 85% B
Management Effectiveness  
Return on Equity -31.18% 47% F 37% F
Return on Invested Capital 9.93% 95% A 79% C+
Return on Assets 0.02% 80% B- 46% F
Debt to Equity Ratio 63.95% 29% F 33% F
Technical Ratios  
Short Ratio 1.81 40% F 60% D-
Short Percent 2.63% 70% C- 55% F
Beta 2.76 45% F 4% 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

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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 capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Revenue Growth

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

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

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector