Diamondback Energy, Inc. (FANG)
NASDAQ · Energy · Oil & Gas Exploration & Production
Profile
Diamondback Energy, Inc.
- Exchange
- NASDAQ
- Ticker
- FANG
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Country
- US
Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.
Key facts
Diamondback Energy, Inc.: key facts
- Diamondback Energy, Inc. (NASDAQ: FANG) is a Oil & Gas Exploration & Production company in the Energy sector.
- In fiscal 2025, Diamondback Energy, Inc. reported revenue of $15.0B and net income of $1.7B.
- Revenue grew 22.2% a year over the last 4 fiscal years.
- Free cash flow was positive in 4 of the last 5 fiscal years.
- Net income was positive in 5 of the last 5 fiscal years.
- Over the last twelve months, revenue was $17.1B and net income was $1.6B.
MonkScore
Diamondback Energy, Inc.'s MonkScore
MonkScore
MonkScore range: 50–60
as of October 2026
Sector rank: 118 of 301 in Energy
How this score is madeDisclaimer
Pillar ranges
- Growth60–70
- Profitability10–20
- Quality20–30
- Market Conviction80–90
- Safety60–70
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
Diamondback Energy, Inc.'s annual figures and the last twelve months, in USD. Last report: 30 June 2026.
| Figure | Last 12 months | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $17.1B | $15.0B | $11.0B | $8.3B | $9.6B | $6.7B |
| Gross profit | $7.6B | $5.3B | $5.0B | $4.8B | $6.7B | $4.3B |
| Operating income | $4.7B | $4.9B | $4.4B | $4.6B | $6.5B | $4.0B |
| Net income | $1.6B | $1.7B | $3.3B | $3.1B | $4.4B | $2.2B |
| Operating cash flow | $10.1B | $8.8B | $6.4B | $5.9B | $6.3B | $3.9B |
| Capital expenditure | -$3.6B | -$3.5B | -$11.8B | -$4.7B | -$3.6B | -$2.3B |
| Free cash flow | $6.5B | $5.2B | -$5.4B | $1.2B | $2.7B | $1.7B |
| Total debt | $12.6B | $14.9B | $12.4B | $6.8B | $6.4B | $6.8B |
| Cash | $462.0M | $106.0M | $161.0M | $582.0M | $157.0M | $654.0M |
Revenue growth a year
- 1-year
- 36.3%
- 3-year
- 16.2%
- 4-year
- 22.2%
Compound growth between fiscal years.
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Page built on 31 October 2026.