FANG:NGS-Diamondback Energy Inc. (USD)

EQUITY | Oil & Gas E&P | Nasdaq Global Select

Last Closing

USD 196.74

Change

-1.31 (-0.66)%

Market Cap

USD 7.74B

Volume

1.61M

Analyst Target

USD 59.38
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Diamondback Energy Inc is an independent oil and natural gas company. It is currently engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
APA APA Corporation

+0.16 (+0.66%)

USD 8.68B
CHKEZ Chesapeake Energy Corporation

N/A

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CLMT Calumet Specialty Products Par..

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USD 1.81B
NEXT Nextdecade Corp

-0.01 (-0.17%)

USD 1.52B
DMLP Dorchester Minerals LP

-0.25 (-0.79%)

USD 1.33B
HPKEW HighPeak Energy Inc

-0.17 (-4.66%)

USD 0.90B
BRY Berry Petroleum Corp

+0.05 (+0.99%)

USD 0.40B
PNRG PrimeEnergy Corporation

-3.88 (-2.36%)

USD 0.29B
EPSN Epsilon Energy Ltd

-0.05 (-0.77%)

USD 0.13B

ETFs Containing FANG

OILT Texas Capital Funds Trust 8.50 % 0.00 %

+0.25 (+-1.07%)

USD 0.01B
NOPE 6.06 % 0.00 %

N/A

N/A
IS0D:XETRA iShares Oil & Gas Explora.. 5.28 % 0.00 %

+0.19 (+-1.07%)

USD 0.32B
BUL Pacer US Cash Cows Growth.. 5.09 % 0.00 %

-0.13 (-1.07%)

USD 0.06B
PXE Invesco Dynamic Energy Ex.. 4.87 % 0.63 %

+0.19 (+-1.07%)

USD 0.11B
NVIR Listed Funds Trust - Hori.. 4.79 % 0.00 %

+0.47 (+-1.07%)

N/A
RSPG Invesco S&P 500® Equal.. 4.61 % 0.00 %

+0.45 (+-1.07%)

USD 0.52B
QQQG Pacer Nasdaq 100 Top 50 C.. 3.55 % 0.00 %

-0.12 (-1.07%)

USD 1.69M
FXN First Trust Energy AlphaD.. 3.45 % 0.63 %

+0.16 (+-1.07%)

USD 0.42B
DRLL EA Series Trust 3.27 % 0.00 %

+0.06 (+-1.07%)

USD 0.32B
EQRR ProShares Equities for Ri.. 3.15 % 0.35 %

+0.02 (+-1.07%)

USD 0.01B
MGNR American Beacon Select Fu.. 2.94 % 0.00 %

-0.05 (-1.07%)

USD 0.07B
UNCU:LSE First Trust US Equity Inc.. 2.74 % 0.00 %

+0.14 (+-1.07%)

USD 0.04B
UINC:LSE First Trust US Equity Inc.. 2.69 % 0.00 %

+12.00 (+-1.07%)

USD 0.31B
FRTY Alger Mid Cap 40 ETF 2.54 % 0.00 %

+0.03 (+-1.07%)

USD 0.06B
LIVR Intelligent Livermore ETF 2.38 % 0.00 %

-0.28 (-1.07%)

USD 0.03B
GUSH Direxion Daily S&P Oil & .. 1.62 % 1.04 %

+0.51 (+-1.07%)

USD 0.38B
FILL iShares MSCI Global Energ.. 1.28 % 0.39 %

+0.05 (+-1.07%)

USD 0.10B
DRIP Drum Income Plus REIT Plc 0.00 % 0.99 %

-0.23 (-1.07%)

USD 0.04B
FCG First Trust Natural Gas E.. 0.00 % 0.60 %

+0.27 (+-1.07%)

N/A
FRAK 0.00 % 0.54 %

N/A

N/A
IEO 0.00 % 0.42 %

N/A

N/A
ONEO SPDR® Russell 1000 Momen.. 0.00 % 0.20 %

-0.23 (-1.07%)

N/A
ONEY SPDR® Russell 1000® Yie.. 0.00 % 0.20 %

+0.17 (+-1.07%)

N/A
PXI Invesco DWA Energy Moment.. 0.00 % 0.60 %

+0.27 (+-1.07%)

USD 0.07B
MXDU 0.00 % 0.34 %

N/A

N/A
MIDF 0.00 % 0.00 %

N/A

N/A
RYE 0.00 % 0.40 %

N/A

N/A
SPYB Tradr 2X Long SPY Weekly .. 0.00 % 0.35 %

-0.17 (-1.07%)

N/A
OILD MicroSectorsTM Oil & Gas .. 0.00 % 1.24 %

-0.11 (-1.07%)

USD 0.02B
OILU MicroSectorsTM Oil & Gas .. 0.00 % 1.22 %

+0.27 (+-1.07%)

USD 0.05B
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.00 %

+0.30 (+-1.07%)

N/A
SPOG:LSE iShares V Public Limited .. 0.00 % 0.00 %

+20.50 (+-1.07%)

N/A
IS0D:F iShares Oil & Gas Explora.. 0.00 % 0.00 %

+0.21 (+-1.07%)

N/A
SENT 0.00 % 0.00 %

N/A

N/A
LYFE 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas E&P) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 26.88% 94% A 85% B
Dividend Return 3.26% 63% D 90% A-
Total Return 30.14% 94% A 85% B
Trailing 12 Months  
Capital Gain 54.21% 100% F 88% B+
Dividend Return 7.26% 56% F 84% B
Total Return 61.47% 100% F 89% A-
Trailing 5 Years  
Capital Gain 77.21% 80% B- 80% B-
Dividend Return 22.56% 50% F 84% B
Total Return 99.77% 70% C- 82% B
Average Annual (5 Year Horizon)  
Capital Gain 40.99% 56% F 89% A-
Dividend Return 45.58% 61% D- 90% A-
Total Return 4.59% 60% D- 84% B
Risk Return Profile  
Volatility (Standard Deviation) 77.43% 44% F 21% F
Risk Adjusted Return 58.87% 67% D+ 85% B
Market Capitalization 7.74B 100% F 98% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas E&P) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.40 67% 65%
Price/Book Ratio 2.21 50% 44%
Price / Cash Flow Ratio 6.09 20% 36%
Price/Free Cash Flow Ratio 6.97 25% 32%
Management Effectiveness  
Return on Equity 19.91% 88% 89%
Return on Invested Capital 16.43% 47% 85%
Return on Assets 9.89% 69% 94%
Debt to Equity Ratio 39.95% 50% 46%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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:
Superior return on equity

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

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.

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 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:
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.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

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