FANG:NGS-Diamondback Energy Inc. (USD)

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

Last Closing

USD 194.59

Change

-2.15 (-1.09)%

Market Cap

USD 7.74B

Volume

1.11M

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: 2024-05-16 )

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Symbol Name Price(Change) Market Cap
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CHKEW Chesapeake Energy Corporation

N/A

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HPK Highpeak Energy Acquisition Co..

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ETFs Containing FANG

OILT Texas Capital Texas Oil I.. 7.49 % 0.00 %

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USD 0.01B
NOPE 6.06 % 0.00 %

N/A

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PXE Invesco Dynamic Energy Ex.. 5.06 % 0.63 %

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NVIR Listed Funds Trust - Hori.. 4.89 % 0.00 %

+0.39 (+2.20%)

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RSPG Invesco S&P 500® Equal.. 4.50 % 0.00 %

+1.76 (+2.20%)

USD 0.60B
PXI Invesco DWA Energy Moment.. 3.93 % 0.60 %

+0.98 (+2.20%)

USD 0.07B
UNCU:LSE First Trust US Equity Inc.. 3.26 % 0.00 %

+0.17 (+2.20%)

USD 0.03B
EQRR ProShares Equities for Ri.. 3.08 % 0.35 %

+1.19 (+2.20%)

USD 0.02B
FTIF First Trust Bloomberg Inf.. 2.43 % 0.00 %

+0.38 (+2.20%)

USD 1.22M
ONEY SPDR® Russell 1000® Yie.. 1.56 % 0.20 %

+1.69 (+2.20%)

USD 0.80B
AVMV Avantis U.S. Mid Cap Valu.. 1.43 % 0.00 %

+0.72 (+2.20%)

USD 0.02B
WEBA:XETRA Amundi US Tech 100 Equal .. 1.33 % 0.00 %

-0.13 (2.20%)

USD 0.59B
AVMC Avantis U.S. Mid Cap Equi.. 0.85 % 0.00 %

+0.53 (+2.20%)

USD 0.02B
JHMM John Hancock Multifactor .. 0.43 % 0.44 %

+0.69 (+2.20%)

USD 3.75B
DRIP Drum Income Plus REIT Plc 0.00 % 0.99 %

-0.41 (2.20%)

USD 0.05B
FCG First Trust Natural Gas E.. 0.00 % 0.60 %

+0.50 (+2.20%)

USD 0.43B
FRAK 0.00 % 0.54 %

N/A

N/A
GUSH Direxion Daily S&P Oil & .. 0.00 % 1.04 %

+1.59 (+2.20%)

USD 0.43B
IEO 0.00 % 0.42 %

N/A

N/A
QQQE Direxion NASDAQ-100 Equal.. 0.00 % 0.35 %

+0.09 (+2.20%)

USD 1.20B
MXDU 0.00 % 0.34 %

N/A

N/A
BUL Pacer US Cash Cows Growth.. 0.00 % 0.00 %

+0.16 (+2.20%)

USD 0.05B
MIDF 0.00 % 0.00 %

N/A

N/A
SPGP Invesco S&P 500 GARP ETF 0.00 % 0.36 %

+1.39 (+2.20%)

USD 4.91B
MUMC-B:CA Manulife Multifactor U.S... 0.00 % 0.00 %

+0.04 (+2.20%)

CAD 0.05B
RYE 0.00 % 0.40 %

N/A

N/A
SPYB 0.00 % 0.35 %

N/A

N/A
MUMC:CA Manulife Multifactor U.S... 0.00 % 0.55 %

+0.18 (+2.20%)

CAD 8.39M
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.00 %

+0.16 (+2.20%)

USD 0.32B
SPOG:LSE iShares V Public Limited .. 0.00 % 0.00 %

+14.25 (+2.20%)

USD 0.33B
SMRT:PA Amundi Index Solutions - .. 0.00 % 0.00 %

N/A

USD 0.03B
IS0D:F iShares Oil & Gas Explora.. 0.00 % 0.00 %

+0.36 (+2.20%)

USD 0.32B
SM8T:F Amundi Index Solutions - .. 0.00 % 0.00 %

-1.20 (2.20%)

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

+0.06 (+2.20%)

USD 0.32B
SM8T:XETRA Amundi Index Solutions - .. 0.00 % 0.00 %

-0.10 (2.20%)

USD 0.04B
SENT 0.00 % 0.00 %

N/A

N/A
LYFE 0.00 % 0.00 %

N/A

N/A
SMRU:PA Amundi Index Solutions - .. 0.00 % 0.00 %

+0.32 (+2.20%)

USD 3.34M

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 25.49% 88% B+ 84% B
Dividend Return 3.26% 67% D+ 90% A-
Total Return 28.75% 94% A 85% B
Trailing 12 Months  
Capital Gain 51.15% 100% F 88% B+
Dividend Return 7.19% 56% F 84% B
Total Return 58.34% 100% F 89% A-
Trailing 5 Years  
Capital Gain 75.27% 82% B 79% B-
Dividend Return 22.56% 57% F 85% B
Total Return 97.83% 73% 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 69% 66%
Price/Book Ratio 2.21 46% 44%
Price / Cash Flow Ratio 6.09 19% 36%
Price/Free Cash Flow Ratio 6.97 23% 32%
Management Effectiveness  
Return on Equity 19.91% 88% 89%
Return on Invested Capital 16.43% 44% 85%
Return on Assets 9.89% 71% 94%
Debt to Equity Ratio 39.95% 46% 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 Earnings Growth

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

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.