Diamondback Energy
Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.
Launch date
Employees
Market cap
$49.4b
Enterprise valuation
$54.5b (Public information from Sep 2024)
Share price
$170.63 FANG
Midland Texas (HQ)
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 2.8b | 6.8b | 9.6b | 8.3b | 9.1b | 15.7b | 15.3b |
% growth | (29 %) | 142 % | 41 % | (13 %) | 10 % | 72 % | (2 %) |
EBITDA | 1.9b | 5.3b | 7.9b | 6.4b | 6.6b | 11.8b | 11.6b |
% EBITDA margin | 66 % | 79 % | 82 % | 77 % | 72 % | 75 % | 76 % |
Profit | (4.5b) | 2.2b | 4.4b | 3.1b | 3.3b | 5.9b | 6.0b |
% profit margin | (161 %) | 32 % | 46 % | 38 % | 36 % | 38 % | 39 % |
EV / revenue | 4.8x | 3.8x | 3.2x | 4.1x | 4.3x | 2.8x | 2.7x |
EV / EBITDA | 7.2x | 4.8x | 3.9x | 5.3x | 5.9x | 3.7x | 3.5x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
* | $3.1m | Post IPO Equity | |
* | N/A | $6.5b | Post IPO Debt |
* | N/A | N/A | Secondary |
Total Funding | - |
Recent News about Diamondback Energy
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Diamondback Energy
EditACQUISITION by Diamondback Energy Dec 2020
ACQUISITION by Diamondback Energy Dec 2016
ACQUISITION by Diamondback Energy Aug 2022
ACQUISITION by Diamondback Energy Oct 2022
ACQUISITION by Diamondback Energy Jan 2023
ACQUISITION by Diamondback Energy Feb 2024