FANG Stock Analysis
FA
Neutral
Based on Eyestock quantitative analysis, FANG`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Overvalued
Market cap $B
54.654
Dividend yield
6.40 %
Shares outstanding
183.59 B
Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves. The company is headquartered in Midland, Texas and currently employs 972 full-time employees. The company went IPO on 2012-10-17. The firm operates through upstream segment, which is engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. The midstream operations are focused on owning, operating, developing and acquiring midstream infrastructure assets in the Midland and Delaware Basins of the Permian Basin. Its total acreage position in the Permian Basin is approximately 508,767 net acres, which consisted primarily of approximately 325,540 acres in the Midland Basin and approximately 150,719 acres in the Delaware Basin. The Company’s subsidiaries include Diamondback E&P LLC, Viper Energy Partners GP LLC, Rattler Midstream GP LLC, and QEP Resources, Inc.