Diamondback Energy

$133.13 0.00% ($0.00)
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  • 1W
  • 1M
  • 1Y
  • 5Y
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About Diamondback Energy

Diamondback Energy, Inc. is an independent oil and natural gas company. The Company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2016, the Company's total net acreage position in the Permian Basin was approximately 105,894 net acres. As of December 31, 2016, the Company, through its subsidiary, Viper Energy Partners LP (Viper), owned mineral interests underlying approximately 107,568 gross acres primarily in Midland County, Texas in the Permian Basin. The Permian Basin area covers a portion of western Texas and eastern New Mexico. The Company's reserves are located in the Permian Basin of West Texas, in particular in the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. The Company refers to the Clearfork, Spraberry, Wolfcamp, Strawn and Atoka formations collectively as the Wolfberry play.

Stock Analysis

last close $133.13
1-mo return 20.6%
3-mo return 4.8%
avg daily vol. 2.34M
52-week high 162.24
52-week low 65.93
market cap. $21.1B
forward pe 5.3
annual div. 12.2
roe 31.6%
ltg forecast 19.4%
dividend yield 9.16%
annual rev. $9.1B
inst own. 93.1%

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