How to buy Diamondback Energy stock in Canada
Own Diamondback Energy shares in just a few minutes.
Diamondback Energy Inc is an oil & gas e&p business based in the US. Diamondback Energy shares (FANG.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $150.57 – a decrease of 0.52% over the previous day. Diamondback Energy employs 972 staff and has a market cap (total outstanding shares value) of $27.9 billion.
How to buy shares in Diamondback Energy
- Choose a platform. If you're a beginner, our stock-dealing table below can help you choose.
- Open your account. Provide your personal information and sign up.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: FANG in this case.
- Research stocks. The platform should provide the latest information available.
- Buy your stocks. It's that simple.
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Is it a good time to buy Diamondback Energy stock?
Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Buy Diamondback Energy, Inc. stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is Diamondback Energy under- or over-valued?
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Diamondback Energy P/E ratio, PEG ratio and EBITDA
Diamondback Energy's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Diamondback Energy stocks trade at around 8x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of September 24, 2023 (21.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Diamondback Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.201. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.
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 stock prices of multiple high-growth companies.
Diamondback Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $6.3 billion ($8.5 billion CAD).
The EBITDA is a measure of a Diamondback Energy's overall financial performance and is widely used to measure a its profitability.
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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