Diamondback Energy Inc (FANG)

113.63
-1.96(-1.70%)
After Hours
113.63
0.00(0.00%)
- Real-time Data
  • Volume:
    2,200,201
  • Bid/Ask:
    0.00/0.00
  • Day's Range:
    113.09 - 116.63

FANG Overview

Prev. Close
115.59
Day's Range
113.09-116.63
Revenue
5.54B
Open
116.34
52 wk Range
42-117.71
EPS
1.93
Volume
2,200,201
Market Cap
20.59B
Dividend (Yield)
2.00
(1.89%)
Average Volume (3m)
2,893,521
P/E Ratio
59.97
Beta
2.54
1-Year Change
146.27%
Shares Outstanding
181,174,549
Next Earnings Date
14 Feb 2022
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Diamondback Energy Inc Company Profile

Sector
Energy
Employees
732

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.

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