FANG
Price:
$185.29
Market Cap:
$54.10B
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 PE Ratio is 10.69. This represents a change of -0.68% compared to the average of 10.76 of the last 4 quarters.
The mean historical PE Ratio of Diamondback Energy, Inc. over the last ten years is 8.44. The current 10.69 PE Ratio has changed 12.56% with respect to the historical average. Over the past ten years (40 quarters), FANG's PE Ratio was at its highest in in the March 2019 quarter at 427.34. The PE Ratio was at its lowest in in the September 2016 quarter at -804.50.
Average
8.44
Median
8.81
Minimum
-45.94
Maximum
63.26
Discovering the peaks and valleys of Diamondback Energy, Inc. PE 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 = 500.13%
Maximum Annual PE Ratio = 63.26
Minimum Annual Increase = -633.49%
Minimum Annual PE Ratio = -45.94
Year | PE Ratio | Change |
---|---|---|
2023 | 8.88 | 61.32% |
2022 | 5.51 | -36.94% |
2021 | 8.73 | -633.49% |
2020 | -1.64 | -102.59% |
2019 | 63.26 | 451.59% |
2018 | 11.47 | -55.05% |
2017 | 25.51 | -155.54% |
2016 | -45.94 | 500.13% |
2015 | -7.65 | -146.96% |
2014 | 16.30 | -59.96% |
The current PE Ratio of Diamondback Energy, Inc. (FANG) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
7.71
5-year avg
16.95
10-year avg
8.44
Diamondback Energy, Inc.’s PE Ratio is greater than Devon Energy Corporation (7.21), less than Coterra Energy Inc. (16.44), less than EOG Resources, Inc. (10.77), less than ConocoPhillips (13.05), less than Antero Resources Corporation (228.84), less than Callon Petroleum Company (13.32), less than Earthstone Energy, Inc. (12.30), greater than Vital Energy, Inc. (2.64), less than Pioneer Natural Resources Company (13.27), less than Occidental Petroleum Corporation (11.44), greater than APA Corporation (3.79), less than Hess Corporation (17.28), less than EQT Corporation (81.78),
Company | PE Ratio | Market cap |
---|---|---|
7.21 | $25.91B | |
16.44 | $20.35B | |
10.77 | $76.69B | |
13.05 | $128.61B | |
228.84 | $10.30B | |
13.32 | $2.38B | |
12.30 | $2.98B | |
2.64 | $1.25B | |
13.27 | $63.00B | |
11.44 | $48.73B | |
3.79 | $8.42B | |
17.28 | $45.80B | |
81.78 | $27.40B |
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