Diamondback Energy, Inc.

NasdaqGS FANG

Diamondback Energy, Inc. Price to Sales Ratio (P/S) on January 14, 2025: 5.42

Diamondback Energy, Inc. Price to Sales Ratio (P/S) is 5.42 on January 14, 2025, a 18.02% change year over year. Price to sales ratio compares the stock price to the sales per share; higher suggests positive sentiment for future revenue growth.
  • Diamondback Energy, Inc. 52-week high Price to Sales Ratio (P/S) is 6.11 on April 11, 2024, which is 12.68% above the current Price to Sales Ratio (P/S).
  • Diamondback Energy, Inc. 52-week low Price to Sales Ratio (P/S) is 4.55 on February 05, 2024, which is -16.13% below the current Price to Sales Ratio (P/S).
  • Diamondback Energy, Inc. average Price to Sales Ratio (P/S) for the last 52 weeks is 5.37.
Key data
Date Price to Sales Ratio (P/S) Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield
Market news
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NasdaqGS: FANG

Diamondback Energy, Inc.

CEO Mr. Travis D. Stice
IPO Date Oct. 12, 2012
Location United States
Headquarters 500 West Texas Avenue
Employees 1,023
Sector Energy
Industries
Description

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 held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 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.

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StockViz Staff

January 15, 2025

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