Diamondback Energy Key Executives
This section highlights Diamondback Energy's key executives, including their titles and compensation details.
Find Contacts at Diamondback Energy
(Showing 0 of )
Diamondback Energy Earnings
This section highlights Diamondback Energy's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-25 | $3.57 | $3.64 |
| Read Transcript | Q3 | 2024 | 2024-11-05 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-06 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-05-01 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-21 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-11-07 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-08-01 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-02 | N/A | N/A |
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It 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, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
$137.82
Stock Price
$40.53B
Market Cap
1.98K
Employees
Midland, TX
Location
Financial Statements
Access annual & quarterly financial statements for Diamondback Energy, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $11.02B | $8.41B | $9.64B | $6.80B | $2.81B |
| Cost of Revenue | $994.00M | $3.54B | $2.87B | $2.57B | $2.17B |
| Gross Profit | $10.03B | $4.87B | $6.78B | $4.23B | $644.00M |
| Gross Profit Ratio | 90.98% | 57.91% | 70.29% | 62.25% | 22.89% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $213.00M | $150.00M | $144.00M | $146.00M | $88.00M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $213.00M | $150.00M | $144.00M | $146.00M | $88.00M |
| Other Expenses | $5.46B | $151.00M | $112.00M | $6.00M | $11.00M |
| Operating Expenses | $5.68B | $290.00M | $256.00M | $152.00M | $99.00M |
| Cost and Expenses | $6.63B | $3.83B | $3.12B | $2.72B | $2.27B |
| Interest Income | $156.00M | $2.00M | $1.00M | $1.00M | $4.00M |
| Interest Expense | $288.00M | $177.00M | $159.00M | $199.00M | $197.00M |
| Depreciation and Amortization | $2.85B | $1.75B | $1.34B | $1.27B | $1.31B |
| EBITDA | $7.64B | $6.17B | $7.34B | $4.38B | $-4.26B |
| EBITDA Ratio | 69.30% | 73.36% | 76.10% | 64.38% | -151.58% |
| Operating Income | $4.40B | $4.57B | $6.51B | $4.00B | $547.00M |
| Operating Income Ratio | 39.88% | 54.33% | 67.49% | 58.86% | 19.45% |
| Total Other Income Expenses Net | $105.00M | $-322.00M | $-772.00M | $-1.09B | $-300.00M |
| Income Before Tax | $4.50B | $4.25B | $5.74B | $2.91B | $-5.78B |
| Income Before Tax Ratio | 40.83% | 50.50% | 59.48% | 42.77% | -205.33% |
| Income Tax Expense | $800.00M | $912.00M | $1.17B | $631.00M | $-1.10B |
| Net Income | $3.34B | $3.14B | $4.39B | $2.18B | $-4.67B |
| Net Income Ratio | 30.28% | 37.36% | 45.48% | 32.10% | -166.09% |
| EPS | $15.53 | $17.34 | $24.61 | $12.35 | $-29.57 |
| EPS Diluted | $15.53 | $17.34 | $24.61 | $12.30 | $-29.57 |
| Weighted Average Shares Outstanding | 213.54M | 180.00M | 176.54M | 176.64M | 157.98M |
| Weighted Average Shares Outstanding Diluted | 213.54M | 180.00M | 176.54M | 177.36M | 157.98M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.70B | $2.65B | $2.48B | $2.23B | $2.22B | $2.34B | $1.90B | $1.93B | $2.03B | $2.44B | $2.77B | $2.41B | $2.02B | $1.91B | $1.68B | $1.18B | $767.00M | $719.00M | $423.00M | $897.00M |
| Cost of Revenue | $320.00M | $290.00M | $1.26B | $1.04B | $970.00M | $165.00M | $848.00M | $814.00M | $709.00M | $746.00M | $751.00M | $704.00M | $668.00M | $707.00M | $682.00M | $509.00M | $467.00M | $502.00M | $536.00M | $664.00M |
| Gross Profit | $3.38B | $2.35B | $1.22B | $1.19B | $1.25B | $2.17B | $1.05B | $1.11B | $1.32B | $1.69B | $2.02B | $1.70B | $1.35B | $1.20B | $997.00M | $674.00M | $300.00M | $217.00M | $-113.00M | $233.00M |
| Gross Profit Ratio | 91.34% | 89.04% | 49.30% | 53.44% | 56.25% | 92.95% | 55.27% | 57.71% | 65.07% | 69.39% | 72.87% | 70.76% | 66.95% | 62.96% | 59.38% | 56.97% | 39.11% | 30.18% | -26.71% | 25.98% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $72.00M | $49.00M | $46.00M | $46.00M | $39.00M | $34.00M | $37.00M | $40.00M | $35.00M | $34.00M | $39.00M | $36.00M | $47.00M | $38.00M | $36.00M | $25.00M | $24.00M | $20.00M | $20.00M | $24.00M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $72.00M | $49.00M | $46.00M | $46.00M | $39.00M | $34.00M | $37.00M | $40.00M | $35.00M | $34.00M | $39.00M | $36.00M | $47.00M | $38.00M | $36.00M | $25.00M | $24.00M | $20.00M | $20.00M | $24.00M |
| Other Expenses | $1.91B | $1.60B | $-19.00M | $-14.00M | $-1.00M | $801.00M | $-21.00M | $46.00M | $27.00M | $32.00M | $1.00M | $8.00M | $-6.00M | $2.00M | $-7.00M | $1.00M | $1.00M | $82.00M | $83.00M | $1.00M |
| Operating Expenses | $1.98B | $1.65B | $65.00M | $60.00M | $42.00M | $835.00M | $46.00M | $86.00M | $62.00M | $66.00M | $39.00M | $44.00M | $41.00M | $38.00M | $40.00M | $25.00M | $24.00M | $22.00M | $20.00M | $26.00M |
| Cost and Expenses | $2.28B | $1.94B | $1.32B | $1.10B | $1.01B | $1.00B | $894.00M | $900.00M | $771.00M | $812.00M | $790.00M | $748.00M | $709.00M | $745.00M | $722.00M | $534.00M | $491.00M | $524.00M | $556.00M | $690.00M |
| Interest Income | $153.00M | $- | $- | $- | $- | $81.00M | $88.00M | $- | $33.00M | $106.00M | $- | $- | $- | $1.00M | $- | $2.00M | $- | $- | $- | $- |
| Interest Expense | $187.00M | $18.00M | $44.00M | $46.00M | $37.00M | $37.00M | $51.00M | $46.00M | $37.00M | $43.00M | $39.00M | $40.00M | $29.00M | $57.00M | $57.00M | $56.00M | $50.00M | $53.00M | $46.00M | $48.00M |
| Depreciation and Amortization | $1.17B | $742.00M | $483.00M | $469.00M | $469.00M | $442.00M | $432.00M | $403.00M | $365.00M | $336.00M | $330.00M | $313.00M | $320.00M | $341.00M | $341.00M | $273.00M | $268.00M | $288.00M | $344.00M | $409.00M |
| EBITDA | $2.76B | $1.68B | $1.67B | $1.58B | $1.73B | $1.75B | $1.28B | $1.40B | $1.71B | $2.00B | $2.21B | $1.42B | $1.68B | $1.26B | $801.00M | $625.00M | $-136.00M | $-1.07B | $-2.70B | $140.00M |
| EBITDA Ratio | 74.73% | 63.44% | 67.38% | 71.08% | 78.03% | 74.74% | 67.62% | 72.83% | 84.29% | 82.07% | 79.70% | 59.01% | 83.08% | 66.27% | 47.71% | 52.83% | -17.73% | -148.54% | -638.77% | 15.61% |
| Operating Income | $1.41B | $710.00M | $1.16B | $1.13B | $1.21B | $16.00M | $1.00B | $1.02B | $1.26B | $1.61B | $1.98B | $1.66B | $1.31B | $1.16B | $955.00M | $571.00M | $-746.00M | $-1.26B | $-2.67B | $-802.00M |
| Operating Income Ratio | 38.20% | 26.84% | 46.68% | 50.74% | 54.35% | 0.68% | 52.74% | 53.25% | 61.87% | 66.23% | 71.46% | 68.94% | 64.87% | 60.97% | 56.88% | 48.27% | -97.26% | -174.69% | -631.68% | -89.41% |
| Total Other Income Expenses Net | $-7.00M | $208.00M | $-13.00M | $-86.00M | $70.00M | $-71.00M | $-249.00M | $-72.00M | $33.00M | $-54.00M | $-115.00M | $-636.00M | $19.00M | $-297.00M | $-533.00M | $-283.00M | $-212.00M | $-153.00M | $-420.00M | $485.00M |
| Income Before Tax | $1.41B | $918.00M | $1.15B | $1.03B | $1.27B | $1.27B | $751.00M | $953.00M | $1.29B | $1.56B | $1.86B | $1.02B | $1.33B | $867.00M | $422.00M | $288.00M | $-958.00M | $-1.41B | $-3.09B | $-317.00M |
| Income Before Tax Ratio | 38.01% | 34.71% | 46.15% | 46.34% | 57.51% | 54.23% | 39.61% | 49.51% | 63.50% | 64.01% | 67.30% | 42.52% | 65.81% | 45.42% | 25.13% | 24.34% | -124.90% | -195.97% | -730.97% | -35.34% |
| Income Tax Expense | $115.00M | $210.00M | $252.00M | $223.00M | $264.00M | $276.00M | $165.00M | $207.00M | $261.00M | $290.00M | $402.00M | $221.00M | $279.00M | $193.00M | $94.00M | $65.00M | $-202.00M | $-304.00M | $-681.00M | $83.00M |
| Net Income | $1.07B | $659.00M | $837.00M | $768.00M | $960.00M | $915.00M | $556.00M | $712.00M | $1.01B | $1.17B | $1.40B | $779.00M | $1.00B | $643.00M | $308.00M | $220.00M | $-739.00M | $-1.11B | $-2.39B | $-272.00M |
| Net Income Ratio | 29.06% | 24.91% | 33.71% | 34.49% | 43.30% | 39.10% | 29.32% | 36.99% | 49.61% | 48.09% | 50.58% | 32.35% | 49.58% | 33.68% | 18.34% | 18.60% | -96.35% | -154.80% | -565.72% | -30.32% |
| EPS | $3.68 | $3.22 | $4.66 | $4.28 | $5.34 | $5.07 | $3.05 | $3.87 | $5.62 | $6.72 | $7.93 | $4.39 | $5.56 | $3.55 | $1.70 | $1.34 | $-4.68 | $-7.05 | $-15.16 | $-1.72 |
| EPS Diluted | $3.68 | $3.22 | $4.66 | $4.28 | $5.34 | $5.07 | $3.05 | $3.89 | $5.62 | $6.72 | $7.92 | $4.36 | $5.54 | $3.55 | $1.70 | $1.33 | $-4.68 | $-7.05 | $-15.16 | $-1.72 |
| Weighted Average Shares Outstanding | 291.85M | 204.73M | 178.36M | 178.48M | 178.81M | 178.87M | 180.37M | 183.01M | 177.64M | 174.41M | 176.57M | 177.56M | 180.14M | 181.03M | 181.01M | 164.17M | 157.95M | 157.83M | 157.83M | 158.29M |
| Weighted Average Shares Outstanding Diluted | 291.85M | 204.73M | 178.36M | 178.48M | 178.81M | 178.87M | 180.37M | 181.99M | 177.64M | 174.41M | 176.88M | 178.56M | 181.00M | 181.03M | 181.20M | 164.93M | 157.97M | 157.83M | 157.83M | 158.49M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $161.00M | $582.00M | $157.00M | $654.00M | $104.00M |
| Short Term Investments | $- | $- | $- | $10.00M | $- |
| Cash and Short Term Investments | $161.00M | $582.00M | $157.00M | $654.00M | $104.00M |
| Net Receivables | $- | $847.00M | $1.01B | $671.00M | $437.00M |
| Inventory | $116.00M | $63.00M | $67.00M | $62.00M | $33.00M |
| Other Current Assets | $248.00M | $129.00M | $162.00M | $59.00M | $28.00M |
| Total Current Assets | $2.11B | $1.62B | $1.39B | $1.45B | $602.00M |
| Property Plant Equipment Net | $1.44B | $26.67B | $23.76B | $20.62B | $16.21B |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $92.00M | $101.00M |
| Long Term Investments | $375.00M | $529.00M | $566.00M | $613.00M | $533.00M |
| Tax Assets | $173.00M | $45.00M | $64.00M | $40.00M | $73.00M |
| Other Non-Current Assets | $63.19B | $132.00M | $428.00M | $88.00M | $96.00M |
| Total Non-Current Assets | $65.18B | $27.38B | $24.82B | $21.45B | $17.02B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $67.29B | $29.00B | $26.21B | $22.90B | $17.62B |
| Account Payables | $253.00M | $261.00M | $127.00M | $36.00M | $71.00M |
| Short Term Debt | $1.25B | $160.00M | $10.00M | $45.00M | $191.00M |
| Tax Payables | $414.00M | $158.00M | $34.00M | $70.00M | $57.00M |
| Deferred Revenue | $- | $- | $64.00M | $1.18B | $725.00M |
| Other Current Liabilities | $2.89B | $1.53B | $1.54B | $1.29B | $917.00M |
| Total Current Liabilities | $4.81B | $2.11B | $1.72B | $1.44B | $1.24B |
| Long Term Debt | $- | $6.64B | $6.24B | $6.64B | $5.62B |
| Deferred Revenue Non-Current | $- | $- | $2.07B | $195.00M | $165.00M |
| Deferred Tax Liabilities Non-Current | $9.83B | $2.45B | $2.07B | $1.34B | $783.00M |
| Other Non-Current Liabilities | $12.79B | $373.00M | $496.00M | $235.00M | $172.00M |
| Total Non-Current Liabilities | $22.62B | $9.46B | $8.80B | $8.21B | $6.58B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $27.43B | $11.57B | $10.52B | $9.65B | $7.82B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $3.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| Retained Earnings | $4.24B | $2.49B | $801.00M | $-2.00B | $-3.86B |
| Accumulated Other Comprehensive Income Loss | $-6.00M | $-8.00M | $-7.00M | $- | $- |
| Other Total Stockholders Equity | $33.50B | $14.14B | $14.21B | $14.08B | $12.66B |
| Total Stockholders Equity | $37.74B | $16.62B | $15.01B | $12.09B | $8.79B |
| Total Equity | $39.86B | $17.43B | $15.69B | $13.24B | $9.80B |
| Total Liabilities and Stockholders Equity | $67.29B | $29.00B | $26.21B | $22.90B | $17.62B |
| Minority Interest | $2.13B | $805.00M | $681.00M | $1.16B | $1.01B |
| Total Liabilities and Total Equity | $67.29B | $29.00B | $26.21B | $22.90B | $17.62B |
| Total Investments | $375.00M | $529.00M | $566.00M | $613.00M | $533.00M |
| Total Debt | $900.00M | $6.80B | $6.25B | $6.69B | $5.82B |
| Net Debt | $739.00M | $6.22B | $6.09B | $6.03B | $5.71B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $161.00M | $370.00M | $6.91B | $899.00M | $582.00M | $827.00M | $18.00M | $46.00M | $157.00M | $27.00M | $43.00M | $149.00M | $654.00M | $457.00M | $344.00M | $121.00M | $104.00M | $92.00M | $51.00M | $149.00M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $10.00M | $- | $- | $525.00M | $533.00M | $- | $- | $- |
| Cash and Short Term Investments | $161.00M | $370.00M | $6.91B | $899.00M | $582.00M | $827.00M | $18.00M | $46.00M | $157.00M | $27.00M | $43.00M | $149.00M | $654.00M | $457.00M | $344.00M | $121.00M | $104.00M | $92.00M | $51.00M | $149.00M |
| Net Receivables | $- | $1.43B | $830.00M | $942.00M | $847.00M | $996.00M | $807.00M | $942.00M | $1.01B | $786.00M | $1.04B | $1.08B | $671.00M | $811.00M | $690.00M | $632.00M | $437.00M | $391.00M | $442.00M | $403.00M |
| Inventory | $116.00M | $126.00M | $55.00M | $57.00M | $63.00M | $70.00M | $66.00M | $69.00M | $67.00M | $59.00M | $65.00M | $62.00M | $62.00M | $53.00M | $52.00M | $52.00M | $33.00M | $33.00M | $34.00M | $36.00M |
| Other Current Assets | $248.00M | $96.00M | $32.00M | $53.00M | $129.00M | $23.00M | $27.00M | $103.00M | $162.00M | $159.00M | $56.00M | $57.00M | $59.00M | $143.00M | $56.00M | $46.00M | $28.00M | $42.00M | $127.00M | $680.00M |
| Total Current Assets | $2.11B | $2.02B | $7.83B | $1.95B | $1.62B | $1.92B | $918.00M | $1.16B | $1.39B | $1.03B | $1.20B | $1.35B | $1.45B | $1.46B | $1.14B | $851.00M | $602.00M | $558.00M | $654.00M | $1.27B |
| Property Plant Equipment Net | $1.44B | $63.05B | $27.10B | $27.02B | $26.67B | $25.36B | $25.14B | $25.51B | $23.76B | $21.90B | $21.37B | $21.11B | $20.62B | $20.41B | $20.42B | $20.35B | $16.21B | $17.43B | $18.93B | $21.42B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $-61.00M | $85.00M | $86.00M | $86.00M | $- | $- | $- | $- | $- | $92.00M | $93.00M | $94.00M | $105.00M | $101.00M | $104.00M | $106.00M | $-1.75B |
| Long Term Investments | $375.00M | $377.00M | $639.00M | $619.00M | $529.00M | $519.00M | $587.00M | $573.00M | $566.00M | $674.00M | $660.00M | $643.00M | $613.00M | $509.00M | $518.00M | $525.00M | $533.00M | $532.00M | $514.00M | $502.00M |
| Tax Assets | $173.00M | $62.00M | $32.00M | $61.00M | $45.00M | $60.00M | $60.00M | $62.00M | $64.00M | $74.00M | $33.00M | $37.00M | $40.00M | $25.00M | $28.00M | $32.00M | $73.00M | $75.00M | $78.00M | $1.89B |
| Other Non-Current Assets | $63.19B | $233.00M | $42.00M | $99.00M | $47.00M | $103.00M | $791.00M | $280.00M | $428.00M | $161.00M | $185.00M | $196.00M | $88.00M | $142.00M | $134.00M | $131.00M | $96.00M | $56.00M | $58.00M | $59.00M |
| Total Non-Current Assets | $65.18B | $63.73B | $27.81B | $27.74B | $27.38B | $26.13B | $26.67B | $26.43B | $24.82B | $22.81B | $22.25B | $21.98B | $21.45B | $21.18B | $21.19B | $21.14B | $17.02B | $18.20B | $19.68B | $22.12B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $67.29B | $65.75B | $35.64B | $29.69B | $29.00B | $28.05B | $27.59B | $27.59B | $26.21B | $23.84B | $23.45B | $23.33B | $22.90B | $22.64B | $22.34B | $22.00B | $17.62B | $18.76B | $20.34B | $23.39B |
| Account Payables | $253.00M | $198.00M | $331.00M | $243.00M | $261.00M | $358.00M | $249.00M | $241.00M | $127.00M | $139.00M | $62.00M | $49.00M | $36.00M | $21.00M | $104.00M | $71.00M | $71.00M | $95.00M | $189.00M | $245.00M |
| Short Term Debt | $1.25B | $1.00B | $48.00M | $51.00M | $206.00M | $53.00M | $52.00M | $10.00M | $10.00M | $10.00M | $55.00M | $45.00M | $45.00M | $20.00M | $- | $191.00M | $191.00M | $200.00M | $- | $- |
| Tax Payables | $414.00M | $289.00M | $49.00M | $134.00M | $158.00M | $37.00M | $15.00M | $51.00M | $34.00M | $31.00M | $3.00M | $149.00M | $70.00M | $- | $- | $- | $57.00M | $- | $- | $- |
| Deferred Revenue | $- | $- | $-48.00M | $-51.00M | $1.60B | $-53.00M | $-52.00M | $- | $64.00M | $- | $3.00M | $- | $40.00M | $1.34B | $- | $32.00M | $73.00M | $857.00M | $- | $- |
| Other Current Liabilities | $2.89B | $2.98B | $1.71B | $1.69B | $1.48B | $1.69B | $1.81B | $1.58B | $1.54B | $1.50B | $1.52B | $1.63B | $1.29B | $1.96B | $1.87B | $1.61B | $917.00M | $934.00M | $872.00M | $1.08B |
| Total Current Liabilities | $4.81B | $4.46B | $2.14B | $2.12B | $2.11B | $2.14B | $2.12B | $1.89B | $1.72B | $1.68B | $1.64B | $1.87B | $1.44B | $2.00B | $1.97B | $1.87B | $1.24B | $1.23B | $1.06B | $1.33B |
| Long Term Debt | $- | $11.92B | $11.98B | $6.63B | $6.64B | $6.23B | $6.54B | $6.95B | $6.24B | $5.35B | $5.40B | $5.80B | $6.64B | $6.92B | $7.36B | $7.46B | $5.62B | $5.66B | $5.96B | $5.68B |
| Deferred Revenue Non-Current | $- | $- | $- | $-2.50B | $361.00M | $439.00M | $461.00M | $- | $2.07B | $- | $1.60B | $- | $1.34B | $214.00M | $217.00M | $198.00M | $783.00M | $220.00M | $194.00M | $165.00M |
| Deferred Tax Liabilities Non-Current | $9.83B | $9.95B | $2.55B | $2.50B | $2.45B | $2.24B | $2.23B | $2.16B | $2.07B | $1.74B | $1.60B | $1.42B | $1.34B | $1.07B | $879.00M | $790.00M | $783.00M | $978.00M | $1.29B | $1.89B |
| Other Non-Current Liabilities | $12.79B | $590.00M | $444.00M | $422.00M | $373.00M | $451.00M | $476.00M | $469.00M | $496.00M | $523.00M | $417.00M | $383.00M | $235.00M | $228.00M | $234.00M | $221.00M | $172.00M | $224.00M | $198.00M | $169.00M |
| Total Non-Current Liabilities | $22.62B | $22.46B | $14.97B | $9.55B | $9.46B | $8.92B | $9.25B | $9.58B | $8.80B | $7.61B | $7.42B | $7.61B | $8.21B | $8.22B | $8.47B | $8.48B | $6.58B | $6.86B | $7.44B | $7.74B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $27.43B | $26.93B | $17.11B | $11.67B | $11.57B | $11.06B | $11.38B | $11.47B | $10.52B | $9.29B | $9.06B | $9.48B | $9.65B | $10.22B | $10.45B | $10.34B | $7.82B | $8.09B | $8.50B | $9.07B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $3.00M | $3.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| Retained Earnings | $4.24B | $3.43B | $3.19B | $2.71B | $2.49B | $2.14B | $1.37B | $967.00M | $801.00M | $195.00M | $-458.00M | $-1.33B | $-2.00B | $-2.91B | $-3.48B | $-3.71B | $-3.86B | $-3.06B | $-1.89B | $559.00M |
| Accumulated Other Comprehensive Income Loss | $-6.00M | $-8.00M | $-8.00M | $-8.00M | $-8.00M | $-7.00M | $-7.00M | $-7.00M | $-7.00M | $- | $- | $- | $- | $- | $- | $- | $- | $-11.03B | $-9.30B | $-6.42B |
| Other Total Stockholders Equity | $33.50B | $34.01B | $14.27B | $14.25B | $14.14B | $14.15B | $14.19B | $14.50B | $14.21B | $13.65B | $13.77B | $14.07B | $14.08B | $14.39B | $14.40B | $14.38B | $12.66B | $12.62B | $12.61B | $12.27B |
| Total Stockholders Equity | $37.74B | $37.43B | $17.45B | $16.95B | $16.62B | $16.28B | $15.55B | $15.46B | $15.01B | $13.84B | $13.32B | $12.74B | $12.09B | $11.48B | $10.93B | $10.67B | $8.79B | $9.55B | $10.71B | $12.83B |
| Total Equity | $39.86B | $38.82B | $18.53B | $18.02B | $17.43B | $16.98B | $16.21B | $16.12B | $15.69B | $14.56B | $14.39B | $13.85B | $13.24B | $12.42B | $11.89B | $11.65B | $9.80B | $10.67B | $11.84B | $14.32B |
| Total Liabilities and Stockholders Equity | $67.29B | $65.75B | $35.64B | $29.69B | $29.00B | $28.05B | $27.59B | $27.59B | $26.21B | $23.84B | $23.45B | $23.33B | $22.90B | $22.64B | $22.34B | $22.00B | $17.62B | $18.76B | $20.34B | $23.39B |
| Minority Interest | $2.13B | $1.39B | $1.08B | $1.07B | $805.00M | $704.00M | $658.00M | $659.00M | $681.00M | $715.00M | $1.07B | $1.11B | $1.16B | $939.00M | $964.00M | $979.00M | $1.01B | $1.12B | $1.12B | $1.49B |
| Total Liabilities and Total Equity | $67.29B | $65.75B | $35.64B | $29.69B | $29.00B | $28.05B | $27.59B | $27.59B | $26.21B | $23.84B | $23.45B | $23.33B | $22.90B | $22.64B | $22.34B | $22.00B | $17.62B | $18.76B | $20.34B | $23.39B |
| Total Investments | $375.00M | $377.00M | $639.00M | $619.00M | $529.00M | $519.00M | $587.00M | $573.00M | $566.00M | $674.00M | $660.00M | $643.00M | $613.00M | $509.00M | $518.00M | $1.05B | $1.07B | $532.00M | $514.00M | $502.00M |
| Total Debt | $900.00M | $12.92B | $11.98B | $6.63B | $6.80B | $6.23B | $6.54B | $6.96B | $6.25B | $5.36B | $5.46B | $5.85B | $6.69B | $6.95B | $7.36B | $7.66B | $5.82B | $5.85B | $5.95B | $5.68B |
| Net Debt | $739.00M | $12.55B | $5.07B | $5.73B | $6.22B | $5.40B | $6.53B | $6.91B | $6.09B | $5.33B | $5.41B | $5.70B | $6.03B | $6.49B | $7.02B | $7.54B | $5.71B | $5.75B | $5.90B | $5.53B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $3.70B | $3.34B | $4.56B | $2.28B | $-4.67B |
| Depreciation and Amortization | $2.85B | $1.75B | $1.34B | $1.27B | $7.66B |
| Deferred Income Tax | $15.00M | $378.00M | $720.00M | $606.00M | $-1.04B |
| Stock Based Compensation | $65.00M | $54.00M | $55.00M | $51.00M | $37.00M |
| Change in Working Capital | $-96.00M | $296.00M | $-199.00M | $36.00M | $97.00M |
| Accounts Receivables | $-42.00M | $212.00M | $-47.00M | $-196.00M | $217.00M |
| Inventory | $- | $- | $- | $320.00M | $-101.00M |
| Accounts Payables | $-376.00M | $57.00M | $-47.00M | $-41.00M | $-20.00M |
| Other Working Capital | $322.00M | $27.00M | $-105.00M | $-47.00M | $1.00M |
| Other Non Cash Items | $-122.00M | $110.00M | $-157.00M | $-300.00M | $37.00M |
| Net Cash Provided by Operating Activities | $6.41B | $5.92B | $6.33B | $3.94B | $2.12B |
| Investments in Property Plant and Equipment | $-2.87B | $-4.71B | $-3.50B | $-2.30B | $-2.04B |
| Acquisitions Net | $- | $- | $-1.57B | $-114.00M | $-102.00M |
| Purchases of Investments | $- | $- | $-108.00M | $-114.00M | $-102.00M |
| Sales Maturities of Investments | $451.00M | $- | $1.68B | $-23.00M | $102.00M |
| Other Investing Activities | $-8.80B | $1.39B | $175.00M | $1.01B | $45.00M |
| Net Cash Used for Investing Activities | $-11.22B | $-3.32B | $-3.33B | $-1.54B | $-2.10B |
| Debt Repayment | $6.37B | $377.00M | $-257.00M | $-680.00M | $410.00M |
| Common Stock Issued | $476.00M | $- | $- | $- | $- |
| Common Stock Repurchased | $-959.00M | $-935.00M | $-1.25B | $-525.00M | $-137.00M |
| Dividends Paid | $-1.58B | $-1.44B | $-1.57B | $-312.00M | $-236.00M |
| Other Financing Activities | $75.00M | $-174.00M | $-423.00M | $-324.00M | $-74.00M |
| Net Cash Used Provided by Financing Activities | $4.39B | $-2.18B | $-3.50B | $-1.84B | $-37.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-421.00M | $421.00M | $-508.00M | $564.00M | $-20.00M |
| Cash at End of Period | $164.00M | $585.00M | $164.00M | $672.00M | $108.00M |
| Cash at Beginning of Period | $585.00M | $164.00M | $672.00M | $108.00M | $128.00M |
| Operating Cash Flow | $6.41B | $5.92B | $6.33B | $3.94B | $2.12B |
| Capital Expenditure | $-2.87B | $-4.71B | $-3.50B | $-2.30B | $-2.04B |
| Free Cash Flow | $3.55B | $1.21B | $2.82B | $1.65B | $74.00M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.29B | $708.00M | $831.00M | $763.00M | $1.01B | $993.00M | $586.00M | $746.00M | $1.03B | $1.27B | $1.46B | $803.00M | $1.05B | $674.00M | $328.00M | $223.00M | $-756.00M | $-1.10B | $-2.41B | $-400.00M |
| Depreciation and Amortization | $1.16B | $742.00M | $483.00M | $469.00M | $469.00M | $442.00M | $432.00M | $403.00M | $365.00M | $336.00M | $330.00M | $313.00M | $320.00M | $341.00M | $341.00M | $273.00M | $1.30B | $288.00M | $344.00M | $407.00M |
| Deferred Income Tax | $-165.00M | $51.00M | $77.00M | $52.00M | $193.00M | $10.00M | $78.00M | $97.00M | $345.00M | $102.00M | $184.00M | $89.00M | $258.00M | $193.00M | $91.00M | $64.00M | $-202.00M | $-304.00M | $-681.00M | $83.00M |
| Stock Based Compensation | $16.00M | $16.00M | $19.00M | $14.00M | $14.00M | $13.00M | $16.00M | $11.00M | $13.00M | $14.00M | $13.00M | $15.00M | $14.00M | $14.00M | $13.00M | $10.00M | $10.00M | $9.00M | $9.00M | $9.00M |
| Change in Working Capital | $- | $-187.00M | $76.00M | $-66.00M | $65.00M | $-146.00M | $255.00M | $122.00M | $-232.00M | $272.00M | $-80.00M | $-159.00M | $-39.00M | $68.00M | $10.00M | $-3.00M | $-65.00M | $108.00M | $-66.00M | $182.00M |
| Accounts Receivables | $-103.00M | $106.00M | $50.00M | $-83.00M | $147.00M | $-256.00M | $74.00M | $59.00M | $66.00M | $267.00M | $23.00M | $-403.00M | $111.00M | $-135.00M | $-35.00M | $-137.00M | $-48.00M | $36.00M | $54.00M | $175.00M |
| Inventory | $- | $- | $- | $- | $-243.00M | $171.00M | $72.00M | $- | $- | $- | $- | $- | $-112.00M | $215.00M | $- | $172.00M | $-1.00M | $41.00M | $302.00M | $1.00M |
| Accounts Payables | $114.00M | $-395.00M | $15.00M | $-110.00M | $11.00M | $-28.00M | $100.00M | $-26.00M | $-18.00M | $-8.00M | $-8.00M | $-13.00M | $-2.00M | $-13.00M | $- | $-26.00M | $-2.00M | $32.00M | $-15.00M | $-35.00M |
| Other Working Capital | $- | $102.00M | $11.00M | $127.00M | $150.00M | $-33.00M | $9.00M | $89.00M | $-280.00M | $13.00M | $-95.00M | $257.00M | $-36.00M | $1.00M | $45.00M | $-12.00M | $-14.00M | $-1.00M | $-407.00M | $41.00M |
| Other Non Cash Items | $44.00M | $-121.00M | $963.00M | $1.25B | $-128.00M | $46.00M | $146.00M | $46.00M | $-78.00M | $-69.00M | $-201.00M | $191.00M | $-437.00M | $-91.00M | $171.00M | $57.00M | $112.00M | $1.84B | $3.48B | $568.00M |
| Net Cash Provided by Operating Activities | $2.34B | $1.21B | $1.53B | $1.33B | $1.62B | $1.36B | $1.51B | $1.43B | $1.44B | $1.93B | $1.71B | $1.25B | $1.17B | $1.20B | $954.00M | $624.00M | $403.00M | $542.00M | $324.00M | $849.00M |
| Investments in Property Plant and Equipment | $-933.00M | $-8.68B | $-637.00M | $-609.00M | $-1.47B | $-852.00M | $-856.00M | $-1.54B | $-1.48B | $-739.00M | $-553.00M | $-733.00M | $-808.00M | $-418.00M | $-367.00M | $-296.00M | $-257.00M | $-306.00M | $-581.00M | $-900.00M |
| Acquisitions Net | $- | $-49.00M | $190.00M | $-141.00M | $-820.00M | $-168.00M | $-145.00M | $- | $29.00M | $-248.00M | $-85.00M | $-29.00M | $-107.00M | $-1.00M | $-47.00M | $-346.00M | $-12.00M | $-24.00M | $-33.00M | $-33.00M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $-108.00M | $- | $29.00M | $-29.00M | $-107.00M | $-1.00M | $-2.00M | $-4.00M | $-102.00M | $- | $- | $-33.00M |
| Sales Maturities of Investments | $- | $- | $- | $451.00M | $- | $- | $- | $- | $108.00M | $- | $56.00M | $29.00M | $107.00M | $-8.00M | $20.00M | $4.00M | $102.00M | $- | $- | $33.00M |
| Other Investing Activities | $-922.00M | $565.00M | $-2.00M | $-1.00M | $825.00M | $1.03B | $406.00M | $258.00M | $73.00M | $267.00M | $37.00M | $46.00M | $699.00M | $3.00M | $85.00M | $55.00M | $23.00M | $10.00M | $2.00M | $10.00M |
| Net Cash Used for Investing Activities | $-1.85B | $-8.17B | $-449.00M | $-751.00M | $-1.46B | $15.00M | $-595.00M | $-1.28B | $-1.38B | $-720.00M | $-516.00M | $-716.00M | $-216.00M | $-425.00M | $-311.00M | $-587.00M | $-246.00M | $-320.00M | $-612.00M | $-923.00M |
| Debt Repayment | $46.00M | $938.00M | $5.40B | $-15.00M | $413.00M | $-317.00M | $-426.00M | $707.00M | $922.00M | $-80.00M | $-328.00M | $-771.00M | $-246.00M | $-408.00M | $-287.00M | $261.00M | $-27.00M | $-100.00M | $247.00M | $290.00M |
| Common Stock Issued | $- | $476.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-402.00M | $-515.00M | $- | $-42.00M | $-159.00M | $-66.00M | $-344.00M | $-366.00M | $-347.00M | $-523.00M | $-332.00M | $-49.00M | $-440.00M | $-49.00M | $-12.00M | $-24.00M | $-39.00M | $- | $5.00M | $-98.00M |
| Dividends Paid | $-262.00M | $-416.00M | $-352.00M | $-548.00M | $-603.00M | $-149.00M | $-150.00M | $-542.00M | $-398.00M | $-526.00M | $-541.00M | $-107.00M | $-91.00M | $-81.00M | $-72.00M | $-68.00M | $-59.00M | $-59.00M | $-59.00M | $-59.00M |
| Other Financing Activities | $-77.00M | $-64.00M | $-120.00M | $336.00M | $-56.00M | $-32.00M | $-30.00M | $-56.00M | $-110.00M | $-101.00M | $-98.00M | $-114.00M | $-43.00M | $-91.00M | $-50.00M | $-140.00M | $-23.00M | $-23.00M | $4.00M | $-32.00M |
| Net Cash Used Provided by Financing Activities | $-695.00M | $419.00M | $4.93B | $-269.00M | $-405.00M | $-564.00M | $-950.00M | $-257.00M | $67.00M | $-1.23B | $-1.30B | $-1.04B | $-820.00M | $-629.00M | $-421.00M | $29.00M | $-148.00M | $-182.00M | $192.00M | $101.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-209.00M | $-6.54B | $6.01B | $314.00M | $-245.00M | $809.00M | $-32.00M | $-111.00M | $130.00M | $-25.00M | $-108.00M | $-505.00M | $131.00M | $145.00M | $222.00M | $66.00M | $9.00M | $40.00M | $-96.00M | $27.00M |
| Cash at End of Period | $164.00M | $373.00M | $6.91B | $899.00M | $585.00M | $830.00M | $21.00M | $53.00M | $164.00M | $34.00M | $59.00M | $167.00M | $672.00M | $541.00M | $396.00M | $174.00M | $108.00M | $99.00M | $59.00M | $155.00M |
| Cash at Beginning of Period | $373.00M | $6.91B | $899.00M | $585.00M | $830.00M | $21.00M | $53.00M | $164.00M | $34.00M | $59.00M | $167.00M | $672.00M | $541.00M | $396.00M | $174.00M | $108.00M | $99.00M | $59.00M | $155.00M | $128.00M |
| Operating Cash Flow | $2.34B | $1.21B | $1.53B | $1.33B | $1.62B | $1.36B | $1.51B | $1.43B | $1.44B | $1.93B | $1.71B | $1.25B | $1.17B | $1.20B | $954.00M | $624.00M | $403.00M | $542.00M | $324.00M | $849.00M |
| Capital Expenditure | $-1.86B | $-8.48B | $-637.00M | $-609.00M | $-1.47B | $-852.00M | $-856.00M | $-1.54B | $-1.48B | $-739.00M | $-553.00M | $-733.00M | $-808.00M | $-418.00M | $-367.00M | $-296.00M | $-257.00M | $-306.00M | $-581.00M | $-900.00M |
| Free Cash Flow | $482.00M | $-7.27B | $892.00M | $725.00M | $155.00M | $506.00M | $657.00M | $-112.00M | $-39.00M | $1.19B | $1.15B | $519.00M | $359.00M | $781.00M | $587.00M | $328.00M | $146.00M | $236.00M | $-257.00M | $-51.00M |
Diamondback Energy Dividends
Explore Diamondback Energy's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
4.51%
Dividend Payout Ratio
47.27%
Dividend Paid & Capex Coverage Ratio
1.44x
Diamondback Energy Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $1 | $1 | March 06, 2025 | March 06, 2025 | March 13, 2025 | February 24, 2025 |
| $0.9 | $0.9 | November 14, 2024 | November 14, 2024 | November 21, 2024 | November 04, 2024 |
| $2.34 | $2.34 | August 15, 2024 | August 15, 2024 | August 22, 2024 | August 05, 2024 |
| $1.97 | $1.97 | May 14, 2024 | May 15, 2024 | May 22, 2024 | April 30, 2024 |
| $3.08 | $3.08 | March 04, 2024 | March 05, 2024 | March 12, 2024 | February 15, 2024 |
| $3.37 | $3.37 | November 15, 2023 | November 16, 2023 | November 24, 2023 | November 06, 2023 |
| $0.84 | $0.84 | August 09, 2023 | August 10, 2023 | August 17, 2023 | July 31, 2023 |
| $0.83 | $0.83 | May 10, 2023 | May 11, 2023 | May 18, 2023 | May 01, 2023 |
| $2.95 | $2.95 | March 02, 2023 | March 03, 2023 | March 10, 2023 | February 21, 2023 |
| $2.26 | $2.26 | November 16, 2022 | November 17, 2022 | November 25, 2022 | November 07, 2022 |
| $3.05 | $3.05 | August 15, 2022 | August 16, 2022 | August 23, 2022 | August 01, 2022 |
| $3.05 | $3.05 | May 11, 2022 | May 12, 2022 | May 23, 2022 | April 27, 2022 |
| $0.6 | $0.6 | March 03, 2022 | March 04, 2022 | March 11, 2022 | February 22, 2022 |
| $0.5 | $0.5 | November 09, 2021 | November 11, 2021 | November 18, 2021 | November 01, 2021 |
| $0.45 | $0.45 | August 11, 2021 | August 12, 2021 | August 19, 2021 | August 02, 2021 |
| $0.4 | $0.4 | May 12, 2021 | May 13, 2021 | May 20, 2021 | May 03, 2021 |
| $0.4 | $0.4 | March 03, 2021 | March 04, 2021 | March 11, 2021 | February 22, 2021 |
| $0.375 | $0.375 | November 10, 2020 | November 12, 2020 | November 19, 2020 | November 02, 2020 |
| $0.375 | $0.375 | August 12, 2020 | August 13, 2020 | August 20, 2020 | August 03, 2020 |
| $0.375 | $0.375 | May 13, 2020 | May 14, 2020 | May 21, 2020 | May 04, 2020 |
Diamondback Energy News
Read the latest news about Diamondback Energy, including recent articles, headlines, and updates.
Oil Be Rich: My Favorite Energy Dividend Stocks Are A Steal Right Now
Energy stocks are volatile, influenced by factors like commodity prices, geopolitical events, and supply changes. However, despite short-term challenges, I remain optimistic for long-term growth in the sector. Current OPEC moves and geopolitical risks have caused short-term price volatility. Still, I believe energy's long-term potential, driven by supply gaps and demand growth, remains intact. I highlight my top natural gas and oil picks, each with strong reserves, low breakeven costs, and a commitment to shareholder returns.
S&P 500 (NYSEARCA: SPY) Live: DLTR (Nasdaq: DLTR), FIS (NYSE: FIS) Rise Despite Hawkish Tone
Live Updates Live Coverage Has Ended S&P Holds Grip 1:39 pm by Gerelyn Terzo The broader market is moving slightly higher, with the S&P 500 holding onto modest gains while the Dow Jones Industrial Average and Nasdaq Composite move lower. UnitedHealth (NYSE: UNH) is a major drag on the Dow and S&P 500 today, losing over 20% on the day. The S&P 500 is being helped by Eli Lilly (NYSE: LLY), which is up 16% today. Discount retailer Dollar Tree and fintech stock (NYSE: FIS) are holding onto their gains as well, rising 7% and 9%, respectively. The markets are headed for a holiday-shortened week for which the S&P 500 is currently in the losing column. Markets Spooked 11:07 am by Gerelyn Terzo The stock market has erased earlier gains, with the S&P 500 now being pressured lower alongside the Dow Jones Industrial Average and Nasdaq Composite. In this holiday-shortened week, the markets are on track for their third straight day of losses. The S&P 500 is being pressured lower by UNH and GPN stock on earnings and M&A news, respectively. Energy as a sector is up 2.2% today, fueled by gains in FANG stock. Yesterday’s hawkish comments from Fed Chairman Jerome Powell are spooking markets further in an already uncertain climate. The markets are struggling to maintain any sort of upward momentum, as the S&P 500 watches its modest gains slip away today. Stocks are being driven by tariff uncertainty between the U.S. and China, hawkish comments out of the Fed and the latest earnings results. The Dow Jones Industrial Average has set a negative tone due to UnitedHealth Group’s (NYSE: UNH) disappointing earnings results, pressuring the healthcare sector lower too. UNH stock is also part of the S&P 500. Tech as a sector is under pressure today, while energy stocks continue to show off with gains. Fed Chairman Jerome Powell’s comments are still ringing in the ears of traders and investors, leading to greater market uncertainty. Powell warned that the tariffs could thwart the central bank’s efforts to rein in inflation and spark economic growth, placing a question mark on monetary policy surrounding interest rates. Discount retailer Dollar Tree (Nasdaq: DLTR) is bucking the downward trend today, rising 5% as a beneficiary of an economic slowdown. Investors have been flocking to discount retailers for protection in a potential economic recession that could result from the tariff climate. DLTR stock has gained approximately 25% from its March low of about $61 per share. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Down 718.47 (-1.8%) Nasdaq Composite: Down 115.71 (-0.71%) S&P 500: Down 15.21 (-0.30%) Market Movers Fintech giant FIS (NYSE: FIS) is rising 6% on the day after announcing two multi-billion dollar deals in one fell swoop involving WorldPay and Global Payments’ (NYSE: GPN) Issuer Solutions division. GPN stock is falling by 17% today. Diamondback Energy (Nasdaq: FANG) is extending its gains today as the energy rally continues to unfold in full force. The company is repurchasing stock in the face of market volatility in a bid to return value to shareholders. The post S&P 500 (NYSEARCA: SPY) Live: DLTR (Nasdaq: DLTR), FIS (NYSE: FIS) Rise Despite Hawkish Tone appeared first on 24/7 Wall St..
Here's Why Eli Lilly (NYSE: LLY). Fidelity National (NYSE: FIS) and Diamondback Energy (Nasdaq: FANG) Are Soaring Today
The Dow Jones Industrial Average is tumbling by another 440 points in midday trading today, as President Trump criticized Federal Reserve chairman Jerome Powell's position, but the fact he is not trying to fire him heartened enough investors that the S&P 500 has bounced back into positive territory.
S&P 500 (NYSEARCA: SPY) Live: JBHT (Nasdaq: JBHT) Falls, ABT (NYSE: ABT) Rises on Tariff Fallout
Live Updates Live Coverage Has Ended S&P Sinks 3% in Tech-Fueled Sell-Off 3:21 pm by Gerelyn Terzo Technology stocks are in freefall mode, sending the S&P 500 to its lows of the session for a decline of 3%. Federal Reserve Chairman Jerome Powell addressed the tariffs, saying that they complicate the central bank’s efforts to tame inflation and grow the economy. Policymakers are seeking greater clarity before tweaking monetary policy. Bank of America CEO Brian Moynihan is factoring in zero interest rate cuts in 2025. Magnificent Seven stocks are falling anywhere between 4% and 9.8%, pressuring the S&P 500 and Nasdaq Composite lower. Here’s a look at the damage as of late afternoon trading: Dow Jones Industrial Average: Down 860 (-2%) Nasdaq Composite: Down 709.16 (-4.2%) S&P 500: Down 163.62 (-3.0%) Tech Falls, Energy Rises 1:04 pm by Gerelyn Terzo The markets are mired in losses as tech stocks are sent reeling from the tariff fallout. All three of the major stock market averages are lower, including a 1.2% drop in the S&P 500. The tech-heavy Nasdaq Composite is falling a steeper 2%, pressured by Nvidia (Nasdaq: NVDA) and Advanced Micro Devices (Nasdaq: AMD), both of which are also part of the S&P 500 index. Palantir Technologies (Nasdaq; PLTR) is losing about 6% on the day. Energy stocks are the rare winners of the day, with a 2% sector gain led by Diamondback Energy’s (Nasdaq; FANG) 3.8% advance. Earnings Growth 11:16 am by Gerelyn Terzo The S&P 500 is now lower by less than 1% on the day, off of its worst levels of the session. Over the past five days, the broader market index has lost 2% of its value as earnings season rolls on. FactSet published a report revealing that the S&P 500 is expected to report Q1 earnings growth of 7.3%, year over year. If that becomes reality this earnings season, it will represent the seventh-consecutive quarter of earnings growth for the index. Historically, most S&P 500 companies print results that exceed estimates, suggesting the index will show growth closer to the 10% area. The markets remain stuck in the doldrums, owing to tariffs, but appear to be coming off their lows of the morning. The S&P 500 is lower by 1.1%, while the Nasdaq Composite and Dow Jones Industrial Average are losing 1.8% and 0.5%, respectively. Retail sales climbed higher by a better-than-expected 1.4% in March, reflecting a resilient consumer. And earnings season is going swimmingly so far. But good news was overshadowed by tariff woes in this headline-driven market after technology leader Nvidia (Nasdaq: NVDA0) warned of an upcoming $5.5 billion charge on China exports of its processors. Most sectors are seeing red today, including a steep 2.6% drop in tech, while energy stocks are moving higher as a group by 1.8%. J.B. Hunt Transport (Nasdaq: JBHT) is down a steep 8.4% today. Transportation stocks are often considered a gauge of the economy, and signs of an economic slowdown are weighing on the stock. Management has warned that demand could be impacted by the trade wars. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Down 208.19 (-0.52) Nasdaq Composite: Down 328.13 (-1.9%) S&P 500: Down 62.71 (-1.1%) Market Movers In addition to Nvidia, Advanced Micro Devices (Nasdaq; AMD) also cautioned that it expects its charge for China exports to reach $800 million, sending shares lower by a whopping 6.3%. We’ve also got some gainers in the S&P 500. Pharma stock Abbott Labs (NYSE: ABT) is rising 5.2% this morning on a Q1 earnings print that surpassed consensus expectations. ABT is a steady dividend-paying stock with a dividend yield of 1.8%. The company’s profits and revenues have been growing thanks to robust demand for its nutrition products and its medical devices, both of which are making up for some weaker market segments. Travelers (NYSE: TRV) is gaining 3.6% on the heels of its earnings report. At $257 per share, the insurance stock is within a stone’s throw of its 53-week high. The post S&P 500 (NYSEARCA: SPY) Live: JBHT (Nasdaq: JBHT) Falls, ABT (NYSE: ABT) Rises on Tariff Fallout appeared first on 24/7 Wall St..
Diamondback Energy: Big Dividend Yield And A Lot Of Room For Capital Appreciation
Diamondback Energy offers a compelling investment with a single-digit P/E, a 5%+ yield, and a breakeven point of around $36 per barrel. Citigroup upgraded FANG to Buy with a price target increase from $157 to $180, highlighting its strong margins and profitability amid oil sector volatility. FANG's robust capital allocation strategy includes a 50% FCF return to shareholders via dividends and share repurchases, supported by strategic acquisitions in the Permian Basin.
Diamondback Energy Has A Major Power Play At Hand
Diamondback Energy is poised for growth due to rising natural gas demand from large-scale data centers and the growing need for LNG cargoes for the EU gas reserve. Strategic M&A activities, including the Double Eagle and Endeavor Energy acquisitions, enhance Diamondback's asset base and operational efficiency. Daily production is expected to grow from its new Q4 2024 base level, with a run-rate of 891-920Mboe/d for Q2 2025 - Q4 2025.
Diamondback Energy: Fast-Growing Dividend Now Has A Tempting Yield
Diamondback Energy, Inc. stock is currently undervalued. The company has a strong history of growth through acquisitions and share repurchases, enhancing shareholder returns and dividend growth. Dividends can vary, but the current yield suggests an irrationally cheap valuation for FANG stock.
Diamondback Energy upgraded to Buy from Neutral at Citi
Citi analyst Scott Gruber upgraded Diamondback Energy to Buy from Neutral with a price target of $180, up from $157. The firm says Diamondback remains a "top-tier" exploration and production company, as reflected in a break-even oil price at just $36 per barrel, the lowest in its coverage. This enables free cash generation even when crude prices are depressed, the analyst tells investors in a research note. 06 May 20 Sep
Diamondback Energy, Inc. Announces Closing of Double Eagle Acquisition
MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC (“Double Eagle”).
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.
Diamondback Energy, Inc. Schedules First Quarter 2025 Conference Call for May 6, 2025
MIDLAND, Texas, March 19, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release first quarter 2025 financial results on May 5, 2025 after the market closes.
Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for FANG.