Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations  |  Forex Crypto

Diamondback Energy, Inc. (FANG)

150.2   -4.68 (-3.02%) 10-02 16:00
Open: 155.15 Pre. Close: 154.88
High: 155.31 Low: 148.7525
Volume: 1,678,091 Market Cap: 26,858(M)

Technical analysis

as of: 2023-10-02 4:50:00 PM
Short-term rate:       
Stoxline posted a STRONG SELL today, downgraded from higher rating. Downward movement to be expected.
Mid-term rate:       
Target: Six months: 181.05     One year: 185.57
Support: Support1: 148.75    Support2: 123.76
Resistance: Resistance1: 155.01    Resistance2: 158.88
Pivot: 154.49
Moving Average: MA(5): 154.5     MA(20): 154.55
MA(100): 141.05     MA(250): 141.84
MACD: MACD(12,26): 0.9     Signal(9): 1.4
Stochastic oscillator: %K(14,3): 49.4     %D(3): 62.6
RSI: RSI(14): 44.1
52-week: High: 168.94  Low: 119.01
Average Vol(K): 3-Month: 1,902 (K)  10-Days: 1,666 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ FANG ] has closed above bottom band by 5.8%. Bollinger Bands are 11.9% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 155.64 - 156.58 156.58 - 157.27
Low: 146.57 - 147.78 147.78 - 148.68
Close: 148.6 - 150.4 150.4 - 151.73

Company Description

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It 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, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Headline News

Mon, 02 Oct 2023
Diamondback Energy Inc. stock falls Monday, underperforms market - MarketWatch

Mon, 02 Oct 2023
Is Diamondback Energy Inc (FANG) a Smart Choice in Oil & Gas E&P Monday? - InvestorsObserver

Mon, 02 Oct 2023
Diamondback Energy, Inc. (NASDAQ:FANG) Shares Sold by Clear ... - MarketBeat

Sat, 30 Sep 2023
Salem Investment Counselors Inc. Has $1.45 Million Stake in ... - MarketBeat

Fri, 29 Sep 2023
Louisiana State Employees Retirement System Increases Stake in ... - Best Stocks

Tue, 26 Sep 2023
Diamondback Energy, Inc. Releases 2023 Corporate Sustainability Report - Yahoo Finance

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Outperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Energy
Industry:  Oil & Gas E&P
Shares Out. 179 (M)
Shares Float 178 (M)
% Held by Insiders 0.5 (%)
% Held by Institutions 92.4 (%)
Shares Short 7,930 (K)
Shares Short P.Month 6,150 (K)

Stock Financials

EPS 19.28
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 86.79
Profit Margin (%) 44.2
Operating Margin (%) 61.1
Return on Assets (ttm) 11.7
Return on Equity (ttm) 23.7
Qtrly Rev. Growth -32
Gross Profit (p.s.) 45.68
Sales Per Share 43.73
EBITDA (p.s.) 35.34
Qtrly Earnings Growth -61.5
Operating Cash Flow 6,300 (M)
Levered Free Cash Flow 559 (M)

Stock Valuations

PE Ratio 7.79
PEG Ratio -12.2
Price to Book value 1.73
Price to Sales 3.43
Price to Cash Flow 4.26

Stock Dividends

Dividend 0.83
Forward Dividend 0
Dividend Yield 0.5%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
Your Ad Here
StockChart iOS
StoxlineLite iOS
StoxlineLite iOS
OptionCalc iOS
StockChart Android
StoxlineLite Android
StoxlinePro Android
OptionCalc Android
(c) 2006-2022 | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the web site, a user agrees not to redistribute the information found therein.