Diamondback Energy
About the company
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Price below modeled range
5-year outlook: Not shown because confidence is low: Earnings-based DCF disagrees strongly.
Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.
The range depends on model assumptions and data; it is not a prediction or investment advice.
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Market price below modeled range
Showing the EV/EBITDA (12x) you selected on the company card, using 3.92% growth, 2.5% terminal growth and 9.2% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.
Assumptions: growth 3.92%, discount rate 9.20%, terminal growth 2.50% (sector defaults). See a worked example.
Blended growth assumption: 3.9% (sector default 4.6%, own revenue history 21.9%, analyst revenue consensus -5.4%).
Analyst consensus expects revenue growth of -5.4% a year; the growth assumption used is 3.9%.
Adjust assumptions
Show the recommended model instead
Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.
Compare models- Recommended: Free-cash-flow DCF — USD 251.33 (+40.4%)
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EPS-based Gordon proxy
— USD 118.64 (-33.7%)
Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
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DCF (trailing free cash flow)
— USD 330.00 (+84.4%)
Not used: Free cash flow is 3.0x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
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FCFF (steady state)
— USD 307.80 (+72.0%)
Not used: Free cash flow is 3.0x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
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EV/EBITDA (12x)
— USD 300.09 (+67.7%)
Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
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Fade DCF (10-year growth fade)
— USD 329.23 (+84.0%)
Not used: Free cash flow is 3.0x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
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EV/Sales (Rule of 40)
— USD 582.43 (+225.5%)
Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
| Bear USD 242.53 | 26.2% |
| Base USD 300.09 | 40.4% |
| Bull USD 357.65 | 50.0% |
Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.
Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.
Price history and fair value
1 month price change: -6.31% · USD 179.58 · Market data through 05 Nov 2026 ; dashed line is today’s model base value (USD 300.09). The fair value is today’s estimate, not what the model said in the past.
Saved price history is current through 05 Nov 2026; last refreshed 06 Nov 2026 18:33 (7 hours, 41 minutes ago).
08 Oct 2026Range USD 179.58 – 212.0805 Nov 2026
Latest news
Headlines provided by EODHD. Articles may mention multiple companies and are not investment recommendations.
More detail: quality, peers, price history, dividends and financials
Quality score: 100 / 100
Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.
| Profitability | 5 of 5 years profitable | 20 / 20 |
| Cash generation | free cash flow positive in 5 of 5 years | 20 / 20 |
| Growth | revenue +17.9% a year | 20 / 20 |
| Balance sheet | net debt 1.6x EBITDA | 20 / 20 |
| Margins | EBITDA margin 43% | 20 / 20 |
Peers in Energy
Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.
| Company | Price | Margin of safety | P/E | P/B | Yield | Quality |
|---|---|---|---|---|---|---|
| FANG (this company) | USD 178.96 | 28.8% | 23.1 | 1.3 | 3.0% | 100 |
| HBR.L Harbour Energy plc | GBP 2.63 | 61.7% | – | 1.4 | 7.9% | 92 |
| SHEL.L Shell plc | GBP 37.23 | 32.4% | 8.6 | 1.4 | 3.0% | 84 |
| AKSO.OL Aker Solutions ASA | NOK 36.00 | 22.7% | 6.8 | 1.5 | 9.1% | 75 |
| BP.L BP p.l.c. | GBP 5.59 | 18.4% | – | – | 4.4% | 69 |
| BWLPG.OL BW LPG Limited | NOK 203.60 | 9.4% | 7.4 | 1.7 | 1.3% | 100 |
| TTE.PA TotalEnergies SE | EUR 79.73 | 4.8% | 9.0 | 1.5 | 4.2% | 84 |
| EOG EOG Resources | USD 147.13 | 4.7% | 11.3 | 2.4 | 2.8% | 92 |
| ENB.TO Enbridge Inc. | CAD 66.14 | -9.4% | 19.3 | 2.3 | 6.0% | 80 |
| Peer median | 8.8 | 1.5 | ||||
Dividends
Paid in the last 12 months: USD 4.25 per share · yield 2.37% at the current price.
| Year | Dividends per share |
|---|---|
| 2026 (so far) | 3.250 |
| 2025 | 4.000 |
| 2024 | 8.290 |
| 2023 | 7.990 |
| 2022 | 8.960 |
| 2021 | 1.750 |
Trailing 12-month financials
TTM through 30 Sep 2026 · quarterly EODHD data · data downloaded 07 Nov 2026 01:45
| Revenue | USD 18,609,000,000 |
|---|---|
| EBITDA | USD 8,057,000,000 |
| EBIT | USD 2,756,000,000 |
| Net income | USD 2,171,000,000 |
| Free cash flow | USD 6,461,000,000 |
| Capital expenditures | USD 3,898,000,000 |
| Debt | USD 13,230,000,000 |
| Cash | USD 558,000,000 |
| Working capital | USD -2,592,000,000 |
| Shares outstanding | 279,959,000 |
| Reported dividends per share | USD 5.2829 |