Diamondback Energy Inc. (FANG)
Diamondback Energy Statistics
Share Statistics
Diamondback Energy has 294.08M shares outstanding. The number of shares has increased by 62.29% in one year.
| Shares Outstanding | 294.08M |
| Shares Change (YoY) | 62.29% |
| Shares Change (QoQ) | -0.87% |
| Owned by Institutions (%) | 82.58% |
| Shares Floating | 188.56M |
| Failed to Deliver (FTD) Shares | 8 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 5.8M, so 1.97% of the outstanding shares have been sold short.
| Short Interest | 5.8M |
| Short % of Shares Out | 1.97% |
| Short % of Float | 3.04% |
| Short Ratio (days to cover) | 1.6 |
Valuation Ratios
The PE ratio is 10.48 and the forward PE ratio is 8.52. Diamondback Energy's PEG ratio is -1.
| PE Ratio | 10.48 |
| Forward PE | 8.52 |
| PS Ratio | 3.17 |
| Forward PS | 2.5 |
| PB Ratio | 0.93 |
| P/FCF Ratio | 9.87 |
| PEG Ratio | -1 |
Enterprise Valuation
Diamondback Energy has an Enterprise Value (EV) of 47.25B.
| EV / Sales | 4.29 |
| EV / EBITDA | 6.18 |
| EV / EBIT | 7.37 |
| EV / FCF | 13.33 |
Financial Position
The company has a current ratio of 0.44, with a Debt / Equity ratio of 0.33.
| Current Ratio | 0.44 |
| Quick Ratio | 0.41 |
| Debt / Equity | 0.33 |
| Debt / EBITDA | 1.63 |
| Debt / FCF | 3.51 |
| Interest Coverage | 15.11 |
Financial Efficiency
Return on Equity is 8.85% and Return on Invested Capital is 5.67%.
| Return on Equity | 8.85% |
| Return on Assets | 4.96% |
| Return on Invested Capital | 5.67% |
| Revenue Per Employee | $5.56M |
| Profits Per Employee | $1.68M |
| Employee Count | 1,983 |
| Asset Turnover | 0.16 |
| Inventory Turnover | 8.57 |
Taxes
| Income Tax | 800M |
| Effective Tax Rate | 17.77% |
Stock Price Statistics
The stock price has increased by -31.67% in the last 52 weeks. The beta is 1.42, so Diamondback Energy's price volatility has been higher than the market average.
| Beta | 1.42 |
| 52-Week Price Change | -31.67% |
| 50-Day Moving Average | 144.82 |
| 200-Day Moving Average | 170.92 |
| Relative Strength Index (RSI) | 46.18 |
| Average Volume (20 Days) | 2.83M |
Income Statement
In the last 12 months, Diamondback Energy had revenue of 11.02B and earned 3.34B in profits. Earnings per share was 15.53.
| Revenue | 11.02B |
| Gross Profit | 10.03B |
| Operating Income | 4.4B |
| Net Income | 3.34B |
| EBITDA | 7.64B |
| EBIT | 4.79B |
| Earnings Per Share (EPS) | 15.53 |
Balance Sheet
The company has 161M in cash and 12.43B in debt, giving a net cash position of -12.27B.
| Cash & Cash Equivalents | 161M |
| Total Debt | 12.43B |
| Net Cash | -12.27B |
| Retained Earnings | 4.24B |
| Total Assets | 67.29B |
| Working Capital | -2.7B |
Cash Flow
In the last 12 months, operating cash flow was 6.41B and capital expenditures -2.87B, giving a free cash flow of 3.55B.
| Operating Cash Flow | 6.41B |
| Capital Expenditures | -2.87B |
| Free Cash Flow | 3.55B |
| FCF Per Share | 16.61 |
Margins
Gross margin is 90.98%, with operating and profit margins of 39.88% and 30.28%.
| Gross Margin | 90.98% |
| Operating Margin | 39.88% |
| Pretax Margin | 40.83% |
| Profit Margin | 30.28% |
| EBITDA Margin | 69.33% |
| EBIT Margin | 39.88% |
| FCF Margin | 32.17% |
Dividends & Yields
FANG pays an annual dividend of $6.21, which amounts to a dividend yield of 4.44%.
| Dividend Per Share | $6.21 |
| Dividend Yield | 4.44% |
| Dividend Growth (YoY) | -67.53% |
| Payout Ratio | 40.01% |
| Earnings Yield | 9.54% |
| FCF Yield | 10.14% |
Analyst Forecast
The average price target for FANG is $195, which is 44.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $195 |
| Price Target Difference | 44.4% |
| Analyst Consensus | Buy |
| Analyst Count | 21 |
Scores
| Altman Z-Score | 1.33 |
| Piotroski F-Score | 6 |