Stock Analysis
Diamondback Energy, Inc.FANG
P/E 38.93×· 5Y range 4.84–212.78×· top 16% of history
Sector: Energy · Industry: Crude Petroleum & Natural Gas
AnalystsStrong Buy36 analystsP/E 38.9× sits at the 84th percentile of its 5.0978781656399725-year history.
Cash covers 1% of debt · FY 2025.
PMP Verdict
Weak fundamentals, expensive
Risks
- Valuation30
- Quality10
Weak fundamentals at a demanding price.
Market context
+4.3% today· Z 2.8σ· Diamondback Energy surged 3.98% following a bullish initiation from Scotiabank with a $250 price target and top pick designation.
Bull Case
- ✓Revenue CAGR 21.9% — durable top-line growth
- ✓Interest coverage 12.1× — debt well covered
Why is FANG moving?
SectorDiamondback Energy surged 3.98% following a bullish initiation from Scotiabank with a $250 price target and top pick designation.
Profile
earnings quality, profitability, valuation, moat and financial health lag behind.
How is each axis scored?
- Valuation30/100 · Weak
- P/E vs own history (84th pct)0/25
- FCF yield (n/a)10/25
- P/S (3.3x)20/25
- EV/EBIT (65.3x)0/25
- Growth50/100 · Moderate
- Revenue CAGR (21.9%)25/25
- Net income CAGR (-6.6%)0/25
- EPS CAGR 5Y (-17.3%)0/25
- Fwd implied growth (305.7%)25/25
- Profitability28/100 · Weak
- ROIC (1.7%)5/25
- ROE (4.0%)5/25
- Net margin (8.6%)13/25
- Operating margin (6.3%)5/25
- Financial Health47/100 · Weak
- Altman Z (1.58)10/25
- Current ratio (0.42)0/25
- Interest coverage (12.1x)25/25
- Net cash / debt (D/A 19%)12/25
- Quality10/100 · Weak
- Piotroski F (4/9)10/25
- Beneish M (1.84)0/25
- FCF conversion (n/a)0/25
- Margin stability (σ 83.0%)0/25
- Moat31/100 · Weak
- ROIC >12% years (3/10 yrs)6/25
- Median gross margin (91.9%)25/25
- FCF-positive years (n/a)0/25
- Worst-year net margin (worst -160.6%)0/25
Risk Flags
- ⚠Altman Z 1.6 — distress-zone balance sheet
- ⚠Beneish M 1.84 — earnings-manipulation flag
- ⚠2 loss-making years in recent history
- ⚠P/E 38.9× at top 16% of 5-year history
About Diamondback Energy, Inc.
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. Show more
The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland sub-basin, with some of the lowest unit costs among its Permian peers.
Headquarters: MIDLAND, TX · Employees: 1,762 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
30DP/E (TTM)38.9xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 4.8x–212.8x · 84th pct
P/FCF14.9xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield6.7%A
Grade A: ValueInverse of Finnhub P/FCF (own TTM FCF unavailable)
P/S (TTM)3.34xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 2.1x–4.7x · 54th pct
EV/EBIT65.3xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 4.0x–65.4x · highest in history
EV/Sales3.9xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E9.6xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.54xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio5.42D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield2.15%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio30.6%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
28EROIC1.7%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE4.0%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA2.0%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin8.6%C
Grade C: AverageNet Income / Revenue
Operating Margin6.3%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin6.3%D
Grade D: LowGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
50CRevenue CAGR21.9%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-6.6%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-17.3%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth305.7%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+61.4%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
47D+Altman Z-Score1.58D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.42xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.42xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage12.1xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT12.6xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity0.37xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.01xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
10EPiotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score1.84D
Grade D: RiskyEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability83.0%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.24xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Meloy Charles Alvin Filed | Meloy Charles Alvin | SellOpen market sale | -6354 | |
Meloy Charles Alvin Filed | Meloy Charles Alvin | SellOpen market sale | -6476 | |
Meloy Charles Alvin Filed | Meloy Charles Alvin | SellOpen market sale | -20503 | |
SGF FANG Holdings, LP Filed | SGF FANG Holdings, LP | SellOpen market sale | -9079675 | |
Meloy Charles Alvin Filed | Meloy Charles Alvin | Gift | +25.0K |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Meloy Charles Alvin Filed | Meloy Charles Alvin | Gift | -12500 | |
Zmigrosky Matt Filed | Zmigrosky Matt | SellOpen market sale | -1326 | |
Dick Teresa L. Filed | Dick Teresa L. | SellOpen market sale | -5000 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
31DROIC >12% Years3/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)91.9%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years—
Share of completed fiscal years with positive free cash flow
Net Margin Floor-160.6%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$5.24
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$1.65
Cash & short-term investments per share (Finnhub)
Book Value / Share$135.08
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$13.73B
Total debt obligations (short + long term)
Cash & Equiv.$104.00M
Cash and short-term investments
Net Debt$13.62B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$36.97B
Shareholders' equity (book value)
Asset / Liability2.53xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$57.06B
Current Market Capitalization
Beta0.52B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Diamondback Energy, Inc. (FANG)
FANG is up 4.25% at the last close — Diamondback Energy surged 3.98% following a bullish initiation from Scotiabank with a $250 price target and top pick designation.. Piotroski F-Score of 4/9 indicates mixed fundamentals for Diamondback Energy, Inc.. Altman Z-Score of 1.58 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of 1.84 is above the −1.78 flag threshold, a signal that reported earnings warrant closer scrutiny. Revenue has compounded at roughly 22% annually — a strong growth profile.
- Interest coverage of -2.8× leaves little room for earnings shocks.
- Diamondback Energy, Inc. posted a net loss in 2 of 10 available completed fiscal years (2016–2025).
- At a valuation score of 30/100, FANG trades at a premium to its historical multiples (P/E 38.9).
- The stock currently yields 2.2% in dividends.
See how FANG ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all FANG moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 203.69 | +4.12% | 2.78 |
| Oct 16 | After-hours | 203.77 | +4.16% | 2.80 |
| Oct 8 | Regular | 191.87 | +4.06% | 2.07 |
| Oct 8 | After-hours | 191.68 | +3.96% | 2.03 |
Frequently Asked Questions about FANG
What is the current Diamondback Energy, Inc. (FANG) stock price?
FANG is trading at $203.95 at the last market close, up 4.25% on the session. PreMarketPrice tracks FANG pre-market, intraday and after-hours prices.
Is FANG stock a buy right now?
PreMarketPrice's quantitative model rates Diamondback Energy, Inc.'s financial health at 47/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is FANG stock overvalued?
Diamondback Energy, Inc. trades at a trailing P/E of 38.9 and our valuation score rates it 30/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Diamondback Energy, Inc. report earnings?
No confirmed earnings date is currently scheduled for FANG. The Earnings section lists recent reports and updates as dates are announced.
What sector does Diamondback Energy, Inc. operate in?
Diamondback Energy, Inc. operates in the Energy sector, within the Crude Petroleum & Natural Gas industry. The Related Stocks section lists sector peers for comparison.
What does Diamondback Energy, Inc. do?
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin.
About Diamondback Energy, Inc. (FANG) Stock
Diamondback Energy, Inc. (FANG) is a US-listed stock operating in the Energy sector, specifically the Crude Petroleum & Natural Gas industry. As of the latest update, Diamondback Energy, Inc. is trading at $203.95, up 4.25% on the day with a market capitalization of $57.1 billion. The financial health score for FANG is 47/100, which indicates moderate financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for FANG stock.
FANG Stock Analysis & Key Metrics
On PreMarketPrice, you can track Diamondback Energy, Inc. (FANG) across multiple dimensions:
- Pre-market price & movement: Real-time FANG stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for FANG with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Diamondback Energy, Inc. across multiple reporting periods.
- Financial health score: A composite score of 47/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for FANG.
- Sector peers: Compare FANG against 6 other energy stocks on key financial metrics.
Is FANG a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Diamondback Energy, Inc. (FANG) as an investment. The financial health score of 47/100 suggests moderate financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Diamondback Energy, Inc. (FANG) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.