Wall Street analyst estimates for Diamondback Energy, Inc. (FANG): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico.
Analyst Consensus
| Strong Buy | 1 |
| Buy | 47 |
| Hold | 5 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 53 |
| Avg rating (1-5) | 0.93 |
Valuation Ratios
| P/E Ratio | 38.00 |
| Price / Book | 1.44 |
| Dividend Yield | 2.18% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $527.1M | $1.21B | $2.18B | $3.96B | $2.81B | $6.75B | $9.57B | $8.34B | $11.02B | $15.03B |
| Cost of Revenue | $306.5M | $551.0M | $1.06B | $2.37B | $2.18B | $2.48B | $2.87B | $3.54B | $6.05B | $9.74B |
| Gross Profit | $220.6M | $654.0M | $1.12B | $1.59B | $637.0M | $4.27B | $6.70B | $4.80B | $4.97B | $5.28B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $42.6M | $48.7M | $64.6M | $104.0M | $88.0M | $146.0M | $144.0M | $150.0M | $213.0M | $288.0M |
| Operating Expenses | $289.2M | $49.0M | $106.0M | $898.0M | $6.11B | $269.0M | $193.0M | $228.0M | $576.0M | $365.0M |
| Operating Income | -$68.6M | $605.0M | $1.01B | $695.0M | -$5.48B | $4.00B | $6.51B | $4.57B | $4.40B | $4.92B |
| EBITDA | $54.0M | $865.0M | $1.81B | $1.99B | -$4.27B | $4.37B | $7.23B | $6.17B | $7.64B | $7.16B |
| Interest Expense | $40.7M | $41.0M | $87.8M | $173.0M | $201.0M | $200.0M | $160.0M | $175.0M | $291.0M | $244.0M |
| Pre-tax Income | -$164.7M | $497.2M | $1.11B | $362.0M | -$5.78B | $2.91B | $5.74B | $4.25B | $4.50B | $1.87B |
| Income Tax | $192000 | -$19.6M | $168.4M | $47.0M | -$1.10B | $631.0M | $1.17B | $912.0M | $800.0M | $327.0M |
| Net Income | -$165.0M | $482.0M | $846.0M | $240.0M | -$4.52B | $2.18B | $4.39B | $3.14B | $3.34B | $1.66B |
| EPS | $-2.20 | $4.95 | $8.08 | $1.47 | $-28.59 | $12.35 | $24.61 | $17.34 | $15.53 | $5.73 |
| EPS (Diluted) | $-2.20 | $4.94 | $8.06 | $1.46 | $-28.59 | $12.30 | $24.61 | $17.34 | $15.53 | $5.73 |
| Shares Outstanding (Diluted) | $75.1M | $97.7M | $104.9M | $163.8M | $158.0M | $177.4M | $176.5M | $180.0M | $213.5M | $289.1M |
Price
| Price | $204.97 |
| Market Cap | $57.7B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Energy · Oil & Gas Exploration & Production
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