FANG:NGS-Diamondback Energy Inc. (USD)

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

Last Closing

USD 196.53

Change

+2.28 (+1.17)%

Market Cap

USD 7.74B

Volume

0.91M

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: 2024-03-27 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
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HPKEW HighPeak Energy Inc

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ETFs Containing FANG

NOPE 6.06 % 0.00 %

N/A

N/A
ATFV Alger 35 ETF 4.81 % 0.00 %

+0.45 (+0.42%)

USD 0.02B
NVIR Listed Funds Trust - Hori.. 4.79 % 0.00 %

+0.04 (+0.42%)

USD 3.33M
BUL Pacer US Cash Cows Growth.. 4.45 % 0.00 %

+0.60 (+0.42%)

USD 0.05B
PXI Invesco DWA Energy Moment.. 4.01 % 0.60 %

+0.20 (+0.42%)

USD 0.07B
FRTY Alger Mid Cap 40 ETF 3.70 % 0.00 %

+0.25 (+0.42%)

USD 0.03B
UNCU:LSE First Trust US Equity Inc.. 3.41 % 0.00 %

+0.22 (+0.42%)

USD 0.29B
VNMC Natixis ETF Trust II - Na.. 3.20 % 0.00 %

+0.08 (+0.42%)

USD 4.09M
NDIV Amplify ETF Trust - Ampli.. 3.04 % 0.00 %

-0.07 (0.42%)

USD 0.01B
SPGP Invesco S&P 500 GARP ETF 2.68 % 0.36 %

+0.39 (+0.42%)

USD 4.59B
FTDS First Trust Dividend Stre.. 2.52 % 0.00 %

-0.11 (0.42%)

USD 0.03B
CBLS Listed Funds Trust - Chan.. 2.41 % 0.00 %

+0.22 (+0.42%)

USD 0.01B
FTIF First Trust Bloomberg Inf.. 2.29 % 0.00 %

+0.11 (+0.42%)

USD 1.22M
QQXT First Trust NASDAQ-100 Ex.. 1.85 % 0.60 %

-0.04 (0.42%)

USD 0.15B
AVMV Avantis U.S. Mid Cap Valu.. 1.28 % 0.00 %

+0.08 (+0.42%)

USD 0.02B
QQEW First Trust NASDAQ-100 Eq.. 1.11 % 0.60 %

+0.60 (+0.42%)

USD 2.19B
FTA First Trust Large Cap Val.. 0.96 % 0.61 %

-0.17 (0.42%)

USD 1.16B
AVMC Avantis U.S. Mid Cap Equi.. 0.75 % 0.00 %

+0.25 (+0.42%)

USD 0.01B
USVT Lyrical US VALUE ETF 0.64 % 0.00 %

-0.02 (0.42%)

USD 6.01M
FEX First Trust Large Cap Cor.. 0.48 % 0.61 %

+0.25 (+0.42%)

USD 1.17B
FAB First Trust Multi Cap Val.. 0.48 % 0.70 %

N/A

USD 0.16B
MUMC-B:CA Manulife Multifactor U.S... 0.44 % 0.00 %

+0.27 (+0.42%)

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

N/A

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

+0.08 (+0.42%)

USD 0.44B
FRAK 0.00 % 0.54 %

N/A

N/A
IEO 0.00 % 0.42 %

N/A

N/A
JHMM John Hancock Multifactor .. 0.00 % 0.44 %

+0.16 (+0.42%)

USD 3.59B
JPME JPMorgan Diversified Retu.. 0.00 % 0.24 %

+0.20 (+0.42%)

USD 0.36B
ONEO SPDR® Russell 1000 Momen.. 0.00 % 0.20 %

+0.30 (+0.42%)

USD 0.14B
ONEY SPDR® Russell 1000® Yie.. 0.00 % 0.20 %

-0.01 (0.42%)

USD 0.78B
PXE Invesco Dynamic Energy Ex.. 0.00 % 0.63 %

-0.03 (0.42%)

USD 0.15B
QQQE Direxion NASDAQ-100 Equal.. 0.00 % 0.35 %

+0.55 (+0.42%)

USD 1.21B
MXDU 0.00 % 0.34 %

N/A

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

-0.21 (0.42%)

USD 0.02B
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 %

N/A

CAD 8.01M
FEX:LSE First Trust US Large Cap .. 0.00 % 0.00 %

+89.00 (+0.42%)

USD 0.09B
FEXD:LSE First Trust US Large Cap .. 0.00 % 0.00 %

+62.50 (+0.42%)

USD 0.09B
FEXU:LSE First Trust Global Funds .. 0.00 % 0.00 %

+0.51 (+0.42%)

USD 0.09B
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.00 %

+0.12 (+0.42%)

USD 0.33B
SPOG:LSE iShares V Public Limited .. 0.00 % 0.00 %

+15.75 (+0.42%)

USD 0.32B
FTGU:F First Trust Global Funds .. 0.00 % 0.00 %

+0.54 (+0.42%)

USD 0.10B
IS0D:F iShares Oil & Gas Explora.. 0.00 % 0.00 %

+0.23 (+0.42%)

USD 0.32B
FTGU:XETRA First Trust US Large Cap .. 0.00 % 0.00 %

+0.84 (+0.42%)

USD 0.10B
IS0D:XETRA iShares Oil & Gas Explora.. 0.00 % 0.00 %

+0.14 (+0.42%)

USD 0.32B
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 26.74% 100% F 84% B
Dividend Return 1.99% 78% C+ 88% B+
Total Return 28.73% 100% F 85% B
Trailing 12 Months  
Capital Gain 48.00% 100% F 86% B+
Dividend Return 5.54% 60% D- 76% C+
Total Return 53.54% 100% F 87% B+
Trailing 5 Years  
Capital Gain 93.57% 92% A 82% B
Dividend Return 22.73% 57% F 84% B
Total Return 116.30% 83% B 84% B
Average Annual (5 Year Horizon)  
Capital Gain 37.16% 59% D- 88% B+
Dividend Return 41.60% 59% D- 89% A-
Total Return 4.44% 60% D- 83% B
Risk Return Profile  
Volatility (Standard Deviation) 79.99% 41% F 20% F
Risk Adjusted Return 52.01% 59% D- 83% B
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 11.21 46% 66%
Price/Book Ratio 2.09 43% 46%
Price / Cash Flow Ratio 5.86 12% 36%
Price/Free Cash Flow Ratio 6.63 29% 32%
Management Effectiveness  
Return on Equity 20.15% 56% 89%
Return on Invested Capital 16.43% 41% 86%
Return on Assets 9.83% 72% 95%
Debt to Equity Ratio 39.95% 47% 45%

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:
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:
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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.

Low Dividend Growth

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