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Diamondback Energy, Inc. logo

Diamondback Energy, Inc.

FANG

NASDAQEnergyOil & Gas Exploration & Production

Open in GoAI

Previous close

$210.72

−$0.30 · -0.14%

Aug 21, 4:00 PM ET

FANG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

72

Undervalued

Momentum

44

Neutral

Sentiment

71

Bullish

Risk resilience

71

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
US

Market position

Day range

Current $210.72

52-week range

Current $210.72

Open
$212
Previous close
$211.02
Volume
1.41M
Market cap
59.28B USD
50-day average
$192.35
+9.55% above average
200-day average
$178.01
+18.38% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
58.23B USD
P/E (TTM)
41.16×
P/B (TTM)
1.56×
P/S (TTM)
3.47×
EV / EBITDA
8.14×
Earnings yield
3.83%
Free cash flow yield
12.05%
Dividend yield
2.02%

Profitability & efficiency

Gross margin
44.46%
Operating margin
27.68%
Net margin
9.27%
Return on equity
4.50%
Return on assets
2.34%
Return on invested capital
6.00%

Financial health

Debt / equity
0.33×
Current ratio
0.42×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends76%52%29%5%Gross margin, FY2021: 63.29%Gross margin, FY2022: 70.05%Gross margin, FY2023: 57.54%Gross margin, FY2024: 45.11%Gross margin, FY2025: 35.16%Operating margin, FY2021: 59.30%Operating margin, FY2022: 68.03%Operating margin, FY2023: 54.80%Operating margin, FY2024: 39.88%Operating margin, FY2025: 32.73%Net margin, FY2021: 32.34%Net margin, FY2022: 45.85%Net margin, FY2023: 37.69%Net margin, FY2024: 30.28%Net margin, FY2025: 11.07%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 63.29%. Gross margin FY2022 70.05%. Gross margin FY2023 57.54%. Gross margin FY2024 45.11%. Gross margin FY2025 35.16%. Operating margin FY2021 59.30%. Operating margin FY2022 68.03%. Operating margin FY2023 54.80%. Operating margin FY2024 39.88%. Operating margin FY2025 32.73%. Net margin FY2021 32.34%. Net margin FY2022 45.85%. Net margin FY2023 37.69%. Net margin FY2024 30.28%. Net margin FY2025 11.07%.

Income trends

Revenue

15.03B USD+36.31%

Operating income

4.92B USD+11.87%

Net income

1.66B USD-50.15%
Income trends across reported periods16.36B USD11.02B USD5.67B USD327.8M USDRevenue, FY2021: 6.75B USDRevenue, FY2022: 9.57B USDRevenue, FY2023: 8.34B USDRevenue, FY2024: 11.02B USDRevenue, FY2025: 15.03B USDOperating income, FY2021: 4B USDOperating income, FY2022: 6.51B USDOperating income, FY2023: 4.57B USDOperating income, FY2024: 4.4B USDOperating income, FY2025: 4.92B USDNet income, FY2021: 2.18B USDNet income, FY2022: 4.39B USDNet income, FY2023: 3.14B USDNet income, FY2024: 3.34B USDNet income, FY2025: 1.66B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.75B USD. Revenue FY2022 9.57B USD. Revenue FY2023 8.34B USD. Revenue FY2024 11.02B USD. Revenue FY2025 15.03B USD. Operating income FY2021 4B USD. Operating income FY2022 6.51B USD. Operating income FY2023 4.57B USD. Operating income FY2024 4.4B USD. Operating income FY2025 4.92B USD. Net income FY2021 2.18B USD. Net income FY2022 4.39B USD. Net income FY2023 3.14B USD. Net income FY2024 3.34B USD. Net income FY2025 1.66B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.03B USD11.02B USD8.34B USD9.57B USD6.75B USD
Cost of goods sold9.74B USD6.05B USD3.54B USD2.87B USD2.48B USD
Gross profit5.28B USD4.97B USD4.8B USD6.7B USD4.27B USD
Selling, general, and administrative288M USD213M USD150M USD144M USD146M USD
Operating expenses365M USD576M USD228M USD193M USD269M USD
Interest income—156M USD—1M USD1M USD
Interest expense244M USD291M USD175M USD160M USD200M USD
Depreciation and amortization5.04B USD2.85B USD1.75B USD1.34B USD1.28B USD
Operating income4.92B USD4.4B USD4.57B USD6.51B USD4B USD
Net income1.66B USD3.34B USD3.14B USD4.39B USD2.18B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+0.68%
11 comparable reports
Latest EPS result
6.48
Estimate 6.08 · Beat by 6.58%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates6.865.073.271.48Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 3.64, estimate 3.57, surprise +1.96%, Beat. Q2 2025, reported May 5, 2025: actual 4.54, estimate 4.18, surprise +8.61%, Beat. Q3 2025, reported Aug 4, 2025: actual 2.67, estimate 2.76, surprise -3.26%, Miss. Q4 2025, reported Nov 3, 2025: actual 3.08, estimate 2.94, surprise +4.76%, Beat. Q1 2026, reported Feb 23, 2026: actual 1.74, estimate 2, surprise -13.00%, Miss. Q2 2026, reported May 4, 2026: actual 4.23, estimate 3.74, surprise +13.10%, Beat. Q3 2026, reported Aug 3, 2026: actual 6.48, estimate 6.08, surprise +6.58%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 4.93, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.08B4.33B3.59B2.84BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 3.7B USD, estimate 3.55B USD, surprise +4.03%, Beat. Q2 2025, reported May 5, 2025: actual 4.03B USD, estimate 3.77B USD, surprise +6.94%, Beat. Q3 2025, reported Aug 4, 2025: actual 3.65B USD, estimate 3.35B USD, surprise +9.05%, Beat. Q4 2025, reported Nov 3, 2025: actual 3.92B USD, estimate 3.53B USD, surprise +11.20%, Beat. Q1 2026, reported Feb 23, 2026: actual 3.03B USD, estimate 3.28B USD, surprise -7.53%, Miss. Q2 2026, reported May 4, 2026: actual 4.24B USD, estimate 3.83B USD, surprise +10.57%, Beat. Q3 2026, reported Aug 3, 2026: actual 4.82B USD, estimate 4.89B USD, surprise -1.31%, Miss. Q4 2026, reported Nov 2, 2026: actual —, estimate 4.46B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$219.08

3.97% upside
Past 12 months12-month forecastHigh $255Average $219.08Low $100

Rating distribution

53 ratings
Strong buy12%
Buy4789%
Hold59%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions
Roth CapitaldowngradeBuyNeutral
The Benchmark CompanydowngradeBuyHold
Wolfe ResearchupgradePeer PerformOutperform

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$4.00

2025 complete year+128.6% since 2021

2026 partial: $3.25

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 13, 2026

$1.10

Quarterly

Record Aug 13, 2026 · Payment Aug 20, 2026

Dividend

Ex-dividend May 14, 2026

$1.10

Quarterly

Record May 14, 2026 · Payment May 21, 2026

Dividend

Ex-dividend Mar 5, 2026

$1.05

Quarterly

Record Mar 5, 2026 · Payment Mar 12, 2026

Dividend

Ex-dividend Nov 13, 2025

$1.00

Quarterly

Record Nov 13, 2025 · Payment Nov 20, 2025

Dividend

Ex-dividend Aug 14, 2025

$1.00

Quarterly

Record Aug 14, 2025 · Payment Aug 21, 2025

Dividend

Ex-dividend May 15, 2025

$1.00

Quarterly

Record May 15, 2025 · Payment May 22, 2025

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