Our top pick for
Diamondback Energy, Inc is an oil & gas e&p business based in the US. Diamondback Energy shares (FANG) are listed on the NASDAQ and all prices are listed in US Dollars. Diamondback Energy employs 712 staff and has a trailing 12-month revenue of around USD$3.2 billion.
Since the stock market crash in March caused by coronavirus, Diamondback Energy's share price has had significant negative movement.
Its last market close was USD$28.04, which is 63.30% down on its pre-crash value of USD$76.4 and 92.71% up on the lowest point reached during the March crash when the shares fell as low as USD$14.55.
If you had bought USD$1,000 worth of Diamondback Energy shares at the start of February 2020, those shares would have been worth USD$278.66 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$383.59.
|Latest market close||USD$28.04|
|52-week range||USD$14.55 - USD$96.92|
|50-day moving average||USD$31.664|
|200-day moving average||USD$38.749|
|Wall St. target price||USD$57.27|
|Dividend yield||USD$1.5 (5.12%)|
|Earnings per share (TTM)||USD$6.708|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-19)||-28.90%|
|1 month (2020-10-27)||5.53%|
|3 months (2020-08-27)||-29.49%|
|6 months (2020-05-26)||-37.55%|
|1 year (2019-11-26)||-63.63%|
|2 years (2018-11-26)||-74.35%|
|3 years (2017-11-24)||-74.58%|
|5 years (2015-11-25)||-64.37%|
Valuing Diamondback Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Diamondback Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Diamondback Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Diamondback Energy shares trade at around 40x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Diamondback Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.7513. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Diamondback Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Diamondback Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.7 billion.
The EBITDA is a measure of a Diamondback Energy's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$3.2 billion|
|Operating margin TTM||35.41%|
|Gross profit TTM||USD$3.1 billion|
|Return on assets TTM||3.29%|
|Return on equity TTM||-21.22%|
|Market capitalisation||USD$4.5 billion|
TTM: trailing 12 months
There are currently 9.0 million Diamondback Energy shares held short by investors – that's known as Diamondback Energy's "short interest". This figure is 10% up from 8.2 million last month.
There are a few different ways that this level of interest in shorting Diamondback Energy shares can be evaluated.
Diamondback Energy's "short interest ratio" (SIR) is the quantity of Diamondback Energy shares currently shorted divided by the average quantity of Diamondback Energy shares traded daily (recently around 3.0 million). Diamondback Energy's SIR currently stands at 2.95. In other words for every 100,000 Diamondback Energy shares traded daily on the market, roughly 2950 shares are currently held short.
However Diamondback Energy's short interest can also be evaluated against the total number of Diamondback Energy shares, or, against the total number of tradable Diamondback Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Diamondback Energy's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Diamondback Energy shares in existence, roughly 60 shares are currently held short) or 0.0752% of the tradable shares (for every 100,000 tradable Diamondback Energy shares, roughly 75 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Diamondback Energy.
Find out more about how you can short Diamondback Energy stock.
Dividend payout ratio: 26.25% of net profits
Recently Diamondback Energy has paid out, on average, around 26.25% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.12% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Diamondback Energy shareholders could enjoy a 5.12% return on their shares, in the form of dividend payments. In Diamondback Energy's case, that would currently equate to about $1.5 per share.
While Diamondback Energy's payout ratio might seem fairly standard, it's worth remembering that Diamondback Energy may be investing much of the rest of its net profits in future growth.
Diamondback Energy's most recent dividend payout was on 20 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 12 August 2020 (the "ex-dividend date").
Over the last 12 months, Diamondback Energy's shares have ranged in value from as little as $14.55 up to $96.92. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Diamondback Energy's is 2.2559. This would suggest that Diamondback Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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.
Everything we know about the NewRez IPO, plus information on how to buy in.
Everything we know about the Perella Weinberg IPO, plus information on how to buy in.
Everything we know about the Nanobiotix IPO, plus information on how to buy in.
Everything we know about the Diversey IPO, plus information on how to buy in.
Everything we know about the Certara IPO, plus information on how to buy in.
Everything we know about the Arrival IPO, plus information on how to buy in.
Everything we know about the iSpecimen IPO, plus information on how to buy in.
Everything we know about the IDEX Biometrics ASA IPO, plus information on how to buy in.
Steps to owning and managing MYSZ, with 24-hour and historical pricing before you buy.
Steps to owning and managing MG, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.