Diamondback Energy Stock 9.18% Up Today

(VIANEWS) – The NASDAQ ended the session with Diamondback Energy (FANG) rising 9.18% to $165.67 on Monday while NASDAQ slid 0.3% to $15,942.54.

Diamondback Energy’s last close was $151.74, 11.47% under its 52-week high of $171.40.

About Diamondback Energy

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. The company also owns, operates, develops, and acquires midstream infrastructure assets, including 770 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Earnings Per Share

As for profitability, Diamondback Energy has a trailing twelve months EPS of $17.63.

PE Ratio

Diamondback Energy has a trailing twelve months price to earnings ratio of 9.4. Meaning, the purchaser of the share is investing $9.4 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.26%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 9.5% and positive 7.8% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Diamondback Energy’s EBITDA is 19.53.


Today’s last reported volume for Diamondback Energy is 6011120 which is 251.78% above its average volume of 1708730.

More news about Diamondback Energy (FANG).

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