Revenue segments as reported by the company.

Oil, natural gas and natural gas liquid sales

Midstream services

Other operating income

Sales of purchased oil

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Lease operating expenses

Production and ad valorem taxes

Gathering and transportation

Midstream services expense

Depreciation, depletion, amortization and accretion

Impairment of oil and natural gas properties

General and administrative

Merger and integration expense

Other operating expense

Purchased oil expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Diamondback Energy

Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Diamondback Energy excels in Q4 2022, navigates challenges, eyes opportunities

Diamondback Energy's Q4 2022 performance was marked by robust financial results, strategic acquisitions, and operational optimizations. While facing inflationary pressures and market challenges, the company is focused on maintaining capital efficiency and hedging oil prices. Opportunities lie in asset optimization, e-fleet technology adoption, and potential M&A activities.

Diamondback Energy excels in operational efficiencies and strategic financial management

Diamondback Energy's Q1 2023 earnings call highlighted strong operational performance, cost efficiencies, and strategic capital allocation. The company's commitment to efficiency, hedging strategies, and focus on reducing debt showcase a resilient financial strategy amidst market challenges and opportunities.

Diamondback Energy excels in Q2 with focus on efficiency and growth

Diamondback Energy's Q2 earnings call highlighted strong performance, operational efficiencies, and strategic capital allocation. The company's focus on cost control, value creation, and disciplined M&A positions it well for future growth. Challenges in managing service costs, production dynamics, and technology optimization underscore the need for continued strategic focus.

Diamondback Energy prioritizes capital efficiency and shareholder returns in Q3

Diamondback Energy's Q3 call highlights a strategic focus on capital efficiency and shareholder returns. The company aims for modest growth through cost savings and consistent operational performance. Challenges include managing costs, activity levels, and addressing industry consolidation dynamics.

Diamondback Energy prioritizes capital efficiency and cost control post-merger

Diamondback Energy's Q4 2023 performance highlighted a focus on capital efficiency, cost control, and maintaining production levels amidst market challenges.
The company's strengths lie in size and scale benefits, strategic hedging, and plans for operational improvements post-merger.
Challenges include managing commodity price volatility, balancing debt reduction, and navigating market uncertainties.
Opportunities arise from asset sales, tax benefits, synergies with Endeavor, and future M&A activities for growth and efficiency.

Diamondback Energy focuses on efficiency and growth strategies in Q1 2024 earnings call

Diamondback Energy's Q1 2024 earnings call highlighted a proactive approach to addressing industry challenges while capitalizing on growth opportunities. The company's strategic initiatives, cost management efforts, and focus on operational efficiencies position them well for future success in a dynamic market environment.

Diamondback Energy excels in Q3, eyes cost efficiency and diversification

Diamondback Energy's Q3 2024 earnings call highlighted a strong performance with a focus on free cash flow generation and cost optimization.
The company's strategic initiatives to decrease breakeven per barrel, explore new revenue streams, and maintain shareholder returns demonstrate a proactive approach.
While facing challenges in a competitive landscape, Diamondback Energy's adaptability and commitment to shareholder value position them well for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.

On July 18, OPEC and Russia agreed to increase the overall crude oil production by 400,000 barrels per day on a monthly basis starting August 2021 until reaching an increase of a total of 5.8 million barrels per day by September 2022. This production increase will be on top of the current production of 96.8 million barrels per day.

Diamondback Energy Is Ready to Deliver

APA Corporation

Devon Energy

Hess

Marathon Oil

Occidental Petroleum

Some of the top losers of the S&P 500 yesterday are energy-related names Occidental Petroleum (OXY), Diamondback Energy (FANG), Devon Energy (DVN), APA Corporation (APA), Marathon Oil (MRO) and Hess (HES).

Oil Stocks Routed on Rising Fuel Supplies, OPEC+ Impasse

Avnet

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LyondellBasell Industries

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EOG Resources

Energy companies like MRO, FANG, DVN, OXY and EOG have seen solid gains this year. Year to date, all these stocks are up anywhere between 60% and 95%.

Oil Moves Higher on Another Significant Stockpile Drawdown

Bull of the Day: Diamondback Energy (FANG)

Applied Materials

Charles River Laboratories

Ford Motor Company

Generac Holdings

Landbridge Co LLC

Nucor

NVIDIA

SPDR S&P 500 ETF Trust

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Baker Hughes Co

Continental Resources

ConocoPhillips

Oil energy companies are likely to have experienced a turnaround to profits in the June quarter from the prior-year comparable period. Firms that are expected to beat estimates are FANG, MRO, CLR & COP.

Bet on 4 Oil Stocks Poised to Beat Earnings Estimates in Q2

Crescent Point Energy

Halliburton

Phillips 66

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Diamondback (FANG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Diamondback (FANG) Stock Stands Out in a Strong Industry

Avery Dennison

Boyd Gaming

FedEx

Intuit

Diamondback Energy (FANG), Boyd Gaming (BYD), Avery Dennison (AVY), Intuit (INTU) and FedEx (FDX) could be compelling dividend growth picks for the second half.

5 Solid Dividend Growth Picks for the Second Half

Let's take a deep look into the S&P 500's top sector of the first half of 2021 - Energy - and its high flyers like MRO, FANG, DVN, OXY and EOG.

5 Energy Stocks That Powered S&P 500's Stunning 1H Gains

Schlumberger

Five energy giants gained on Thursday morning as U.S. crude oil prices topped $75 a barrel, the highest price reached since 2018, ahead of a decision from OPEC+ on production policy for the second half of the year.

5 Energy Stocks Pop as US Oil Prices Surpass $75 a Barrel

MIDLAND, Texas, June 30, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release second quarter 2021 financial results on August 2, 2021 after the market closes.

Diamondback Energy, Inc. Schedules Second Quarter 2021 Conference Call for August 3, 2021

Volatile oil exploration and production stocks like MRO, FANG, OXY, DVN, EOG and HES will be most affected by the OPEC+ meeting outcome.

Breaking Down What to Expect From Tomorrow's OPEC+ Meeting

HollyFrontier

Kinder Morgan

As the first half of 2021 comes to a close, investors are optimistically looking forward to the remainder of the year as the economy begins to reopen.

4 Outperforming Energy Stocks to Consider Heading Into 2nd Half of the Year

Canadian Natural Resources

Imperial Oil

PetroChina Company Ltd.

The suffocating economic blanket is lifting on the global economy and that means energy stocks are rebounding from their year-long slumber. The post 7 of the Hottest Energy Stocks to Buy This Summer appeared first on InvestorPlace.

7 of the Hottest Energy Stocks to Buy This Summer

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Diamondback Energy (FANG) is a Strong Growth Stock

Exxon Mobil

Energy companies like MRO, FANG, DVN, OXY, EOG, HES and XOM have seen solid gains this year. Year to date, all of these stocks are up anywhere between 55% and 104%.

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Apple

Getting juicy payouts that last requires balancing views of the company's past, present, and future.

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Bank of America

Goldman Sachs

Marathon Oil (MRO) is the top S&P 500 year-to-date gainer. Diamondback Energy (FANG), Devon Energy (DVN), Hess (HES) and EOG Resources (EOG) have also surged.

$100 Oil or Not, Energy is an Excellent Bet for Investors

MIDLAND, Texas, June 21, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) announced today that the Company fully redeemed the $191 million aggregate principal amount of outstanding legacy 4.625% Senior Notes Due 2021 of Energen Corporation, a subsidiary of the Company. The repayment of these notes will reduce cash interest expense by approximately $9 million annually.

Diamondback Energy, Inc. Fully Redeemed $191 Million of 4.625% Senior Notes Due 2021

Marathon Oil (MRO) is the top S&P 500 year-to-date gainer. Diamondback Energy (FANG), Devon Energy (DVN), Occidental Petroleum (OXY), EOG Resources (EOG), Hess (HES) and Apache (APA) have also surged.

U.S. Oil Extends Climb to 32-Month High on Demand Recovery

Diamondback Energy (FANG) closed the most recent trading day at $90.37, moving -0.53% from the previous trading session.

Diamondback Energy (FANG) Stock Moves -0.53%: What You Should Know

Some of the major gainers of the S&P 500 this year are energy-related names Marathon Oil (MRO), Devon Energy (DVN), Diamondback Energy (FANG), EOG Resources (EOG), Hess (HES), Schlumberger (SLB) and Occidental Petroleum (OXY).

Will Rising Fuel Stockpiles Stall Oil's Upward Momentum?

Camber Energy

Helmerich & Payne

Matador Resources

SilverBow Resources

Cimarex Energy

According to the most recent report from the Energy Information Administration (EIA), US crude output is set to fall 230,000 barrels per day to 11.08 million barrels per day in 2021. The EIA also notes that US production will rise next year by 710,000 barrels per day to 11.79 million barrels per day.

Investor Alert: Positioning for the Looming Oil Shortage (CEI, HP, FANG, XEC, SBOW, MTDR, HES

News for Diamondback Energy Stock (FANG)