profit from every $100 of sales.
$0$100
Diamondback Energy
$184.93+1.50% today
+28.1% in 1 year
1-year low $140.451-year high $213.69
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $31.03 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Diamondback Energy sold, what it kept, and what it did with the cash.
Sales went from $9.57 billion in 2022 to $14.9 billion in 2025, with $1.66 billion of profit last year.
SalesProfit
Diamondback Energy vs. similar companies
Diamondback Energy grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Diamondback Energy | 31.0× · Expensive | ||
 CNOOC | 12.0× · Cheap | ||
 ConocoPhillips | 21.1× · Fair price | ||
 Canadian Natural Resources | 13.4× · Cheap | ||
 EOG Resources | 16.5× · Fair price |
Compare Diamondback Energy with Canadian Natural Resources · ConocoPhillips · Chevron · Enbridge · EOG Resources · MPLX LP · Occidental Petroleum · TotalEnergies
AI analysis
An AI analyst reads Diamondback Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,813 | 6,797 | 9,566 | 8,339 | 11,023 | 14,929 | |
| – | – | 6,701 | 4,798 | 4,994 | 5,221 | |
| -5,476 | 4,001 | 6,522 | 4,570 | 4,396 | 4,918 | |
| -4,268 | 4,381 | 7,228 | 6,169 | 7,639 | 7,177 | |
| -4,517 | 2,182 | 4,386 | 3,143 | 3,338 | 1,664 | |
| -28.61 | 12.24 | 24.61 | 17.34 | 15.53 | 5.73 | |
| – | – | 70.1% | 57.5% | 45.3% | 35.0% | |
| -194.7% | 58.9% | 68.2% | 54.8% | 39.9% | 32.9% | |
| -160.6% | 32.1% | 45.8% | 37.7% | 30.3% | 11.1% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 17,619 | 22,898 | 26,209 | 29,001 | 67,292 | 71,059 |
| Cash | 104 | 654 | 157 | 582 | 161 | 104 |
| Total debt | 5,815 | 6,687 | 6,379 | 6,801 | 13,329 | 14,879 |
| Total liabilities | 7,815 | 9,653 | 10,519 | 11,571 | 27,430 | 28,092 |
| 8,794 | 12,088 | 15,009 | 16,625 | 37,736 | 36,972 | |
| 158 | 177 | 177 | 180 | 214 | 289 | |
| -30.2% | 13.1% | 21.7% | 14.9% | 7.4% | 3.3% | |
| -51.4% | 18.1% | 29.2% | 18.9% | 8.8% | 4.5% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,118 | 3,944 | 6,325 | 5,920 | 6,413 | 8,758 | |
| – | – | 3,613 | 4,714 | 11,787 | 9,461 | |
| – | – | 2,712 | 1,206 | -5,374 | -703 | |
| Dividends paid | 236 | 312 | 1,572 | 1,444 | 1,578 | 1,156 |
| 98 | 431 | 1,251 | 840 | 959 | 2,010 | |
| 37 | 51 | 55 | 54 | 65 | – |
Valuation
- 31.0×
- 10.2×
- –
- 1.6×
- 3.5×
- –
- 9.3×
- -1.4%
- 3.2%
- 2.1%
Profitability
- 35.0%
- 32.9%
- 11.1%
- 35.7%
- 3.3%
- 12.1%
- 1.1%
- 0.6%
- 5.1%
- –
Growth
- +39.6%
- –
- +197.4%
- +21.7%
- +17.9%
Financial health
- 2.1×
- 0.40
- 19.8%
- 8.1×
- 0.42
- 0.55
- 0.22
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 23%of 467
Top 15%of 466
Bottom 21%of 387
Top 5%of 461
Bottom 21%of 460
What analysts expect
- Average price target
- $201.27
- Range
- $100.00 – $262.00
- 9 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 4.23 | 3.74 | +13.1% |
| Feb 23, 2026 | 1.74 | 2.00 | −13.0% |
| Nov 3, 2025 | 3.08 | 2.94 | +4.8% |
| Aug 4, 2025 | 2.67 | 2.76 | −3.3% |
| May 5, 2025 | 4.54 | 4.18 | +8.6% |
| Feb 25, 2025 | 3.64 | 3.57 | +2.0% |
| Nov 4, 2024 | 3.38 | 3.98 | −15.1% |
| Aug 5, 2024 | 4.52 | 4.51 | +0.2% |
2.1%of the share price, paid each year
On $1,000 invested$21a year at today's yield, before tax
+21.7%2020 to 2025
Raised–not every year
Paid per share, each year
$0.38 in 2018 → $4.00 in 2025
How safe it looks
69.5% of its profit
Room to growStretchedMore than it earns: 22.3%
News
Diamondback to keep production plans steady going into next year, CEO saysSeeking Alpha · Nov 3, 2026Diamondback Energy (FANG) Gains As Market Dips: What You Should KnowYahoo Finance · Sep 15, 2026Diamondback Energy (FANG) Rises As Market Takes a Dip: Key FactsYahoo Finance · Sep 9, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
40No pass
Benjamin Graham
53No pass
Philip Fisher
51No pass
Peter Lynch
88Pass
Joel Greenblatt
6No pass
Charlie Munger
34No pass
Terry Smith
30No pass
Questions about Diamondback Energy
Is Diamondback Energy a good stock to buy?
A solid business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Diamondback Energy AI analysis
What does Diamondback Energy do?
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. It is in Oil & Gas E&P, based in Midland, TX, United States, with 1,762 employees.
Does Diamondback Energy pay a dividend?
Yes. At today's price the dividend is 2.1% a year, about 69% of its yearly profit. In 2025 it paid out $1.16 billion in dividends.
Is Diamondback Energy stock halal?
Yes. Diamondback Energy passes our halal screen: its business is permitted and its debt is 29% of its market value, under the 30% limit. How we check
How has Diamondback Energy stock done over the past year?
Up 28.1% over the past twelve months, to $184.93. It traded between $140.45 and $213.69 and is 13.5% below its high.
Who are Diamondback Energy's competitors?
The largest listed companies in the same industry are CNOOC, ConocoPhillips, Canadian Natural Resources and EOG Resources. The peers table on this page compares their profit, growth and price with Diamondback Energy's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.