Diamondback Energy Inc

FANG

Company Profile

  • Business description

    Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.

  • Contact

    500 West Texas Avenue
    Suite 1200
    MidlandTX79701
    USA

    T: +1 432 221-7400

    E: [email protected]

    https://www.diamondbackenergy.com

  • Sector

    Energy

    Stock type

    Sensitive

  • Industry

    Oil & Gas E&P

    Fiscal Year End

    31 December 2024

    Employees

    1,023

Diamondback Energy Inc News & Analysis

markets

What does a warmer future mean for oil & gas shares?

Ahead of the COP28 climate summit, here are three energy firms that look attractive if the world falls short of its carbon reduction goals.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,633.1066.100.77%
CAC 407,255.0141.690.58%
DAX 4019,322.59176.420.92%
Dow JONES (US)44,296.51426.160.97%
FTSE 1008,262.08112.811.38%
HKSE19,229.97371.14-1.89%
NASDAQ19,003.6531.230.16%
Nikkei 22538,283.85257.680.68%
NZX 50 Index13,041.90276.662.17%
S&P 5005,969.3420.630.35%
S&P/ASX 2008,393.8070.800.85%
SSE Composite Index3,267.19103.21-3.06%

Market Movers