Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Research context
Diamondback Energy Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas E&P
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Diamondback Energy, Inc is currently in a long term uptrend where the price is trading 39.1% above its 200 day moving average.
From a valuation standpoint, the stock is 47.8% cheaper than other stocks from the Energy sector with a price to sales ratio of 4.2.
Diamondback Energy, Inc's total revenue sank by 30.3% to $769M since the same quarter in the previous year.
Its net income has dropped by 51.7% to $-739M since the same quarter in the previous year.
Finally, its free cash flow grew by 1925.0% to $146M since the same quarter in the previous year.
Based on the above factors, Diamondback Energy, Inc gets an overall score of 3/5.