Diamondback Energy FANG
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Diamondback Energy (FANG) Business Model and Operations Summary
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2024, the company reported net proven reserves of 3.6 billion barrels of oil equivalent. Net production averaged about 598,000 barrels per day in 2024, at a ratio of 56% oil, 23% natural gas liquids, and 21% natural gas.
Key Insights
Diamondback Energy (FANG) Core Market Data and Business Metrics
Latest Closing Price
$160.87Market Cap
$46.35 BillionAverage Daily Trade Volume
2,514,388 SharesPrice-Earnings Ratio
10.36Total Outstanding Shares
289.44 Million SharesCEO
Mr. Travis D. SticeTotal Employees
1,983Dividend
$1.00 Per Share QuarterlyIPO Date
October 12, 2012SIC Description
Crude Petroleum & Natural GasPrimary Exchange
NASDAQHeadquarters
500 West Texas, Midland, TX, 79701
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $-421 Million |
| Net Cash Flow From Investing Activities, Continuing | $-11.22 Billion |
| Net Cash Flow From Investing Activities | $-11.22 Billion |
| Net Cash Flow From Financing Activities | $4.39 Billion |
| Net Cash Flow From Operating Activities, Continuing | $6.41 Billion |
| Net Cash Flow From Financing Activities, Continuing | $4.39 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Operating Expenses | $6.67 Billion |
| Income/Loss Before Equity Method Investments | $4.48 Billion |
| Costs And Expenses | $6.67 Billion |
| Income/Loss From Continuing Operations After Tax | $3.70 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $363 Million |
| Income Tax Expense/Benefit, Current | $785 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $3.34 Billion |
| Comprehensive Income/Loss Attributable To Parent | $3.34 Billion |
| Other Comprehensive Income/Loss | $2 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Current Assets | $1.99 Billion |
| Equity Attributable To Parent | $37.74 Billion |
| Other Non-current Liabilities | $10.54 Billion |
| Liabilities | $27.43 Billion |
| Fixed Assets | $64.47 Billion |
| Long-term Debt | $12.07 Billion |
Historical Dividends
Current dividend: $1.00 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 24, 2025 | Mar 13, 2025 | Mar 6, 2025 | $1 | Quarterly |
| Nov 4, 2024 | Nov 21, 2024 | Nov 14, 2024 | $0.9 | Quarterly |
| Aug 5, 2024 | Aug 22, 2024 | Aug 15, 2024 | $0.9 | Quarterly |
| Aug 5, 2024 | Aug 22, 2024 | Aug 15, 2024 | $1.44 | Quarterly |
| Apr 30, 2024 | May 22, 2024 | May 15, 2024 | $1.07 | Quarterly |
| Apr 30, 2024 | May 22, 2024 | May 15, 2024 | $0.9 | Quarterly |