Diamondback Energy Inc

Diamondback Energy Inc

FANG

Get informed when a big investor buys or sells

+ Follow
Market Cap$53.87B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Diamondback Energy IncDiamondback Energy Inc134.42.17%1%40.4

Earnings Call Q1 2026

May 5, 2026 - AI Summary

Activity step-up (“green light”): 2–3 more rigs + keep 5 completion crews more consistently - Management said the Board moved from *yellow-light* to a *green-light framework* to add activity quickly and capital-efficiently. - Why now (macro): ~2 months into the world’s largest oil supply disruption with global inventories declining rapidly; Permian-only positioning means Diamondback is “an advantaged area” beneficiary. - Why now (micro): best inventory quality/depth in North America + strong execution at low cost structure; ability to move fast using DUC backlog and having prepared plans to ramp up/down quickly. - Timing/cadence: incremental activity is described as back-half weighted (additional lateral footage largely in H2), supporting a production baseline higher later in the year.
Production performance: Q1 well performance beat expectations; guidance assumes continued strength - Investors were told Q1 well performance was stronger than expected, with “a lot more well performance” than other dynamics. - Drivers: completion optimization (perforating strategies, rate design, sand loadings), plus workover improvements (acid/coring/surfactant-related efforts) and reduced downtime from machine learning/automation (“AI” emphasis). - Forward-looking expectation: management characterized ~520k+ barrels/day of oil as a “new baseline” for now (while remaining flexible quarter-to-quarter given macro uncertainty). - Risk/uncertainty: activity decisions remain “fluid” because the oil market shock could resolve or change quickly.
Capital allocation: return-of-capital framework remains; more flexibility for cyclical moves - Management reiterated the company does not plan to move away from the existing return-of-capital framework, emphasizing that it allows flexibility to make more cyclical moves rather than constrained execution within a strict 90-day quarterly window. - Dividend: they bumped the dividend (timing referenced as current quarter). - Buybacks: they indicated buyback pace may slow somewhat, but stressed the company’s strong buyback track record (they cited 42 million shares / ~$6B repurchased to date at ~$148/share historically) and implied continued meaningful repurchases depending on free cash flow and stock price. - Balance sheet priority: with oil prices high/volatile, management emphasized using excess free cash flow primarily to pay down debt (and keep some cash for “rainy day”).

Exclusive for Stockcircle Pro members

Sign upSign Up
$220.71

Target Price by Analysts

4.8% upsideDiamondback Energy Target Price DetailsTarget Price
$316.99

Current Fair Value

50.5% upside

Undervalued by 50.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$53.87 Billion
Enterprise Value$68.10 Billion
Dividend Yield$4.15 (2.17%)
Earnings per Share$5.73
Beta0.44
Outstanding Shares282,792,000

Return

Return on Equity1.10%ROE
Return on Assets0.58%
Return on Invested Capital0.27%

Valuation & Multiples

P/E Ratio134.36P/E Ratio
PEG-149.71PEG
Price to Sales3.97Price to Sales
Price to Book Ratio1.4Price to Book Ratio
Enterprise Value to Revenue4.47
Enterprise Value to EBIT384.77
Enterprise Value to Net Income168
Total Debt to Enterprise0.21
Debt to Equity0.4Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 4, 2026
EPS Estimate
$3.74
Average shareholder expectation
Revenue Estimate
$3.83 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 3, 2026
EPS Estimate
$6.06
Average shareholder expectation
Revenue Estimate
$4.95 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.6216▲ 4.27%
Total Calls3,001,715▼ 15.50%
Total Puts1,865,873▼ 9.27%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %64.14%▲ 4.12%
Total Invested$36.66B▲ 40.03%
Investors Holding1,236▲ 77.00%

ESG Score

No data

About Diamondback Energy Inc

CEO: Travis Stice

Relevant Senate Committees

Joint Committee on Taxation

This committee provides crucial analysis and 'revenue estimates' for tax legislation, directly influencing corporate tax structures and capital investment credits, which are highly relevant to Diamondback Energy's financial planning and operations.

Finance

As the primary tax-writing committee, it drives corporate valuations through tax policy (e.g., corporate tax rates, depletion allowances, energy tax credits), directly impacting Diamondback Energy's profitability and investment decisions.

Agriculture, Nutrition, and Forestry

This committee's oversight of the CFTC and regulation of derivatives/futures markets is highly relevant for Diamondback Energy, which utilizes these markets for hedging crude oil and natural gas prices.

Energy and Natural Resources

This committee directly oversees national energy policy, public lands leasing, and the Department of Energy, all of which critically impact the operational environment and valuation of oil and gas companies like Diamondback Energy.

Environment and Public Works

The EPA regulations, which this committee oversees, directly impact operational costs, permitting, and environmental compliance for oil and gas extraction companies like Diamondback Energy (e.g., emissions, water quality, fracking).

Foreign Relations

U.S. foreign policy, treaties, and sanctions legislation (e.g., on oil-producing nations) directly influence global energy prices and supply/demand, which are critical drivers for Diamondback Energy's profitability.