FANG
Price:
$157.77
Market Cap:
$46.07B
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 h...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2012-10-12
Stock Exchange
NASDAQ
Ticker
FANG
According to Diamondback Energy, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.45. This represents a change of -68.77% compared to the average of 1.45 of the last 4 quarters.
The mean historical Current Ratio of Diamondback Energy, Inc. over the last ten years is 1.56. The current 0.45 Current Ratio has changed 2.81% with respect to the historical average. Over the past ten years (40 quarters), FANG's Current Ratio was at its highest in in the December 2016 quarter at 8.56. The Current Ratio was at its lowest in in the June 2023 quarter at 0.43.
Average
1.56
Median
0.79
Minimum
0.49
Maximum
8.56
Discovering the peaks and valleys of Diamondback Energy, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.01%
Maximum Annual Current Ratio = 8.56
Minimum Annual Increase = -92.75%
Minimum Annual Current Ratio = 0.49
Year | Current Ratio | Change |
---|---|---|
2023 | 0.77 | -5.20% |
2022 | 0.81 | -19.33% |
2021 | 1.01 | 106.46% |
2020 | 0.49 | -29.21% |
2019 | 0.69 | -24.16% |
2018 | 0.91 | 46.08% |
2017 | 0.62 | -92.75% |
2016 | 8.56 | 1.01% |
2015 | 0.77 | -18.52% |
2014 | 0.94 | 84.76% |
The current Current Ratio of Diamondback Energy, Inc. (FANG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.86
5-year avg
0.75
10-year avg
1.56
Diamondback Energy, Inc.’s Current Ratio is less than Devon Energy Corporation (1.11), less than Coterra Energy Inc. (1.61), less than EOG Resources, Inc. (2.31), less than ConocoPhillips (1.30), greater than Antero Resources Corporation (0.28), greater than Callon Petroleum Company (0.39), less than Earthstone Energy, Inc. (0.47), less than Vital Energy, Inc. (0.67), less than Pioneer Natural Resources Company (0.90), less than Occidental Petroleum Corporation (1.00), less than APA Corporation (1.24), less than Hess Corporation (1.26), less than EQT Corporation (6.28),
Company | Current Ratio | Market cap |
---|---|---|
1.11 | $20.52B | |
1.61 | $18.21B | |
2.31 | $67.96B | |
1.30 | $125.62B | |
0.28 | $10.28B | |
0.39 | $2.38B | |
0.47 | $2.98B | |
0.67 | $1.12B | |
0.90 | $63.00B | |
1.00 | $45.20B | |
1.24 | $8.09B | |
1.26 | $40.23B | |
6.28 | $26.60B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Diamondback Energy, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Diamondback Energy, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Diamondback Energy, Inc.'s Current Ratio?
How is the Current Ratio calculated for Diamondback Energy, Inc. (FANG)?
What is the highest Current Ratio for Diamondback Energy, Inc. (FANG)?
What is the 3-year average Current Ratio for Diamondback Energy, Inc. (FANG)?
What is the 5-year average Current Ratio for Diamondback Energy, Inc. (FANG)?
How does the current Current Ratio for Diamondback Energy, Inc. (FANG) compare to its historical average?