FANG:NGS-Diamondback Energy Inc. (USD)

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

Last Closing

USD 194.57

Change

-0.14 (-0.07)%

Market Cap

USD 7.74B

Volume

0.68M

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: 2024-08-28 )

Largest Industry Peers for Oil & Gas E&P

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N/A

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DMLP Dorchester Minerals LP

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HPKEW HighPeak Energy Inc

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BRY Berry Petroleum Corp

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USD 0.41B

ETFs Containing FANG

OILT Texas Capital Funds Trust 8.42 % 0.00 %

+0.15 (+0.62%)

USD 0.01B
NOPE 6.06 % 0.00 %

N/A

N/A
IS0D:XETRA iShares Oil & Gas Explora.. 5.37 % 0.00 %

-0.04 (0.62%)

USD 0.32B
QQQA ProShares Nasdaq-100 Dors.. 5.02 % 0.00 %

+0.55 (+0.62%)

USD 0.01B
NVIR Listed Funds Trust - Hori.. 4.79 % 0.00 %

+0.19 (+0.62%)

N/A
RSPG Invesco S&P 500® Equal.. 4.62 % 0.00 %

+0.47 (+0.62%)

USD 0.60B
BUL Pacer US Cash Cows Growth.. 4.24 % 0.00 %

+0.85 (+0.62%)

USD 0.06B
MGNR American Beacon Select Fu.. 4.07 % 0.00 %

+0.60 (+0.62%)

USD 0.03B
PXI Invesco DWA Energy Moment.. 3.45 % 0.60 %

+0.57 (+0.62%)

USD 0.07B
DRLL EA Series Trust 3.45 % 0.00 %

+0.08 (+0.62%)

USD 0.35B
UNCU:LSE First Trust US Equity Inc.. 2.71 % 0.00 %

+0.44 (+0.62%)

USD 0.04B
UINC:LSE First Trust US Equity Inc.. 2.70 % 0.00 %

+16.50 (+0.62%)

USD 0.31B
GUSH Direxion Daily S&P Oil & .. 1.89 % 1.04 %

+0.50 (+0.62%)

USD 0.32B
AVMV American Century ETF Trus.. 1.32 % 0.00 %

+1.00 (+0.62%)

USD 0.02B
AVMC American Century ETF Trus.. 0.78 % 0.00 %

+0.84 (+0.62%)

USD 0.02B
MUMC-B:CA Manulife Multifactor U.S... 0.44 % 0.00 %

+0.70 (+0.62%)

CAD 0.05B
DRIP Drum Income Plus REIT Plc 0.00 % 0.99 %

-0.23 (0.62%)

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

+0.20 (+0.62%)

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 %

+1.56 (+0.62%)

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

+1.42 (+0.62%)

N/A
PXE Invesco Dynamic Energy Ex.. 0.00 % 0.63 %

+0.34 (+0.62%)

USD 0.11B
MXDU 0.00 % 0.34 %

N/A

N/A
EQRR ProShares Equities for Ri.. 0.00 % 0.35 %

+0.47 (+0.62%)

USD 0.01B
MIDF 0.00 % 0.00 %

N/A

N/A
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 %

+0.58 (+0.62%)

CAD 8.52M
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.00 %

+0.14 (+0.62%)

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

+0.50 (+0.62%)

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

+0.07 (+0.62%)

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 25.48% 100% F 84% B
Dividend Return 6.27% 78% C+ 92% A
Total Return 31.76% 100% F 86% B+
Trailing 12 Months  
Capital Gain 28.59% 94% A 81% B-
Dividend Return 8.66% 67% D+ 90% A-
Total Return 37.25% 100% F 84% B
Trailing 5 Years  
Capital Gain 98.38% 91% A- 83% B
Dividend Return 29.92% 57% F 89% A-
Total Return 128.30% 82% B 86% B+
Average Annual (5 Year Horizon)  
Capital Gain 48.36% 69% C- 90% A-
Dividend Return 53.33% 75% C 91% A-
Total Return 4.97% 67% D+ 85% B
Risk Return Profile  
Volatility (Standard Deviation) 72.04% 56% F 24% F
Risk Adjusted Return 74.03% 88% B+ 90% A-
Market Capitalization 7.74B 100% F 97% 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 10.10 82% 72%
Price/Book Ratio 2.02 36% 47%
Price / Cash Flow Ratio 5.94 21% 38%
Price/Free Cash Flow Ratio 5.96 55% 42%
Management Effectiveness  
Return on Equity 21.34% 80% 91%
Return on Invested Capital 16.43% 50% 85%
Return on Assets 9.63% 80% 94%
Debt to Equity Ratio 39.95% 55% 47%

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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

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

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.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.

What to not like:
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.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.