Diamondback Energy Inc
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Energy : Oil, Gas & Consumable Fuels | Small Cap Value
Company profile

Diamondback Energy, Inc. is an independent oil and natural gas company. The Company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2016, the Company's total net acreage position in the Permian Basin was approximately 105,894 net acres. As of December 31, 2016, the Company, through its subsidiary, Viper Energy Partners LP (Viper), owned mineral interests underlying approximately 107,568 gross acres primarily in Midland County, Texas in the Permian Basin. The Permian Basin area covers a portion of western Texas and eastern New Mexico. The Company's reserves are located in the Permian Basin of West Texas, in particular in the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. The Company refers to the Clearfork, Spraberry, Wolfcamp, Strawn and Atoka formations collectively as the Wolfberry play.

Closing Price
$59.24
Day's Change
-2.70 (-4.35%)
Bid
--
Ask
--
B/A Size
--
Day's High
61.15
Day's Low
58.42
Volume
(Below Average)
Volume:
2,840,035

10-day average volume:
3,262,517
2,840,035
Latest Earnings Beat Consensus (Q3 ending 09/2020)Next Earnings Announcement
Q3
Announced November 2, 2020
$0.62Q3 Consensus
of 28 analysts
$0.37Difference from
consensus
40.97%
Q4 Earnings
will announce
(Unconfirmed) February 22, 2021

Quarterly Earnings History and Estimates

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FANG's fiscal year ends in December

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