Diamondback Energy, Inc.

The company acquires, develops, explores, and exploits unconventional oil and gas reserves in West Texas Permian Basin. It focuses on developing formations in the Midland and Delaware basins. Midland basin assets include Spraberry and Wolfcamp formations. Delaware basin assets include Wolfcamp and Bone Spring formations. The company owns and operates midstream infrastructure assets in the Permian Basin. Diamondback Energy was founded in 2007 and is headquartered in Midland, Texas.

Overview

Sector

Oil & Gas

Target Price

116.0 USD

Current Price

209.4 USD

Potential

-44%

Strengths

Price to book ratio (1.58) is lower than the sector mean (12.96).
EV/EBITDA (6.98) is lower than the sector mean (36.86).
Strong EBITDA Margin of 69.88%.

Weaknesses

With a depreciation Potential of -43.50%, based on our fundamental analysis, it suggests the stock may be overvalued.
EV/EBIT (34.04) is significantly higher than the sector mean.
The Price to Free Cash Flow ratio (100.00) is significantly higher than the sector mean.

Indicator	Value
PER	35.2
EV/EBITDA	7.0
Price/Free Cash Flow'	100.0
ROIC	17.0%
Net Debt/EBITDA	1.4

Diamondback Energy, Inc.

Overview

Strengths

Weaknesses

Key Financial Data