FANG:NGS-Diamondback Energy Inc. (USD)

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

Last Closing

USD 192.34

Change

-4.22 (-2.15)%

Market Cap

USD 7.74B

Volume

1.18M

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: 2024-05-22 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
CHK Chesapeake Energy Corp

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APA APA Corporation

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CHRD Chord Energy Corp

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CHKEW Chesapeake Energy Corporation

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CHKEZ Chesapeake Energy Corporation

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CHKEL Chesapeake Energy Corporation

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USD 5.28B
NEXT Nextdecade Corp

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HPK Highpeak Energy Acquisition Co..

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USD 1.77B
DMLP Dorchester Minerals LP

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USD 1.30B
CLMT Calumet Specialty Products Par..

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USD 1.27B

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 %

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NVIR Listed Funds Trust - Hori.. 4.71 % 0.00 %

N/A

USD 3.52M
RSPG Invesco S&P 500® Equal.. 4.67 % 0.00 %

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USD 0.60B
PXI Invesco DWA Energy Moment.. 3.99 % 0.60 %

N/A

USD 0.07B
FXN First Trust Energy AlphaD.. 3.82 % 0.63 %

N/A

USD 0.61B
FCG First Trust Natural Gas E.. 3.62 % 0.60 %

N/A

USD 0.41B
UINC:LSE First Trust US Equity Inc.. 3.35 % 0.00 %

N/A

USD 0.31B
UNCU:LSE First Trust US Equity Inc.. 3.35 % 0.00 %

N/A

USD 0.03B
EQRR ProShares Equities for Ri.. 3.04 % 0.35 %

N/A

USD 0.02B
DRLL EA Series Trust - Strive .. 2.95 % 0.00 %

N/A

USD 0.35B
XOP SPDR® S&P Oil & Gas Expl.. 2.73 % 0.35 %

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USD 3.66B
FTIF First Trust Bloomberg Inf.. 2.41 % 0.00 %

N/A

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

N/A

USD 0.79B
AVMV Avantis U.S. Mid Cap Valu.. 1.35 % 0.00 %

N/A

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

N/A

USD 0.58B
AVMC Avantis U.S. Mid Cap Equi.. 0.81 % 0.00 %

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USD 0.02B
MUMC:CA Manulife Multifactor U.S... 0.47 % 0.55 %

N/A

CAD 8.26M
JHMM John Hancock Multifactor .. 0.42 % 0.44 %

N/A

USD 3.69B
DRIP Drum Income Plus REIT Plc 0.00 % 0.99 %

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USD 0.05B
FRAK 0.00 % 0.54 %

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IEO 0.00 % 0.42 %

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QQQE Direxion NASDAQ-100 Equal.. 0.00 % 0.35 %

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USD 1.16B
MXDU 0.00 % 0.34 %

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BUL Pacer US Cash Cows Growth.. 0.00 % 0.00 %

N/A

USD 0.05B
MIDF 0.00 % 0.00 %

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

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USD 4.83B
MUMC-B:CA Manulife Multifactor U.S... 0.00 % 0.00 %

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CAD 0.05B
RYE 0.00 % 0.40 %

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SPYB 0.00 % 0.35 %

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N/A
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.00 %

N/A

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

N/A

USD 0.32B
SMRT:PA Amundi Index Solutions - .. 0.00 % 0.00 %

N/A

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

N/A

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

N/A

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

N/A

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

N/A

USD 0.04B
SENT 0.00 % 0.00 %

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N/A
LYFE 0.00 % 0.00 %

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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 24.04% 82% B 83% B
Dividend Return 3.26% 56% F 89% A-
Total Return 27.30% 82% B 84% B
Trailing 12 Months  
Capital Gain 43.13% 100% F 86% B+
Dividend Return 6.89% 56% F 82% B
Total Return 50.02% 100% F 87% B+
Trailing 5 Years  
Capital Gain 84.75% 82% B 80% B-
Dividend Return 23.88% 57% F 85% B
Total Return 108.62% 73% C 83% B
Average Annual (5 Year Horizon)  
Capital Gain 41.56% 59% D- 89% A-
Dividend Return 46.18% 65% D 90% A-
Total Return 4.62% 60% D- 84% B
Risk Return Profile  
Volatility (Standard Deviation) 77.07% 41% F 21% F
Risk Adjusted Return 59.92% 65% D 86% 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.