Diamondback Energy is an independent oil and natural gas company. Focused on the acquisition, development, exploration, and production of unconventional, onshore oil and natural gas reserves, the company primarily operates in the Permian Basin in West Texas, expanding into the top oil producer focused exclusively on the Permian. Diamondback has grown through strategic acquisitions, including the recent $26 billion merger with Endeavor Energy Resources, making it one of the largest producers in the country. Diamondback continues to play a significant role in meeting the nation’s energy needs.
Diamondback Energy
Diamondback Energy in Fortune Rankings
- Company Information
- Fastest-growing Companies
- Key Financials (last Fiscal Year)
- Profit Ratios
- Earnings Per Share (last Fiscal Year)
- Total Return
- Updated:6/3/26
- Country/Territory:U.S.
- Headquarters:Midland, Texas
- Industry:Mining, Crude-Oil Production
- CEO:Kaes Van’t Hof
- Website:https://www.diamondbackenergy.com
- Ticker:FANG
- Company type:Public
- Revenues ($M):$15,026
- Profits ($M):$1,664
- Market value ($M):$55,792
- Number of employees:1,762
Market value as of March 31, 2026.
- Revenue 3 Yr Growth Rank:43
- Revenue 3 Yr Annual Growth Rate:38%
- EPS 3 Yr Growth Rank:59
- EPS 3 Yr Annual Growth Rate:59%
- Total Return 3 Yr Rank:24
- Total Return 3 Yr Annual Rate:36%
- Beat S&P 500 3 Yr Return:yes
- Current Streak:1
- Years on List:1
- Sector:Energy
- $ millions% change
- Revenues ($M):$15,02635.8%
- Profits ($M):$1,664-50.2%
- Assets ($M):$71,059-
- Total Stockholder Equity ($M):$36,972-
- Profit as % of Revenues:11.1%
- Profits as % of Assets:2.3%
- Profits as % of Stockholder Equity:4.5%
- Earnings Per Share ($):5.70
- EPS % Change (from prior fiscal year):-63.1%
- EPS % Change (5 year annual rate):-
- EPS % Change (10 year annual rate):-
- Total Return to Investors (last year):-5.6%
- Total Return to Investors (5 year, annualized):30.9%
- Total Return to Investors (10 year, annualized):11.3%
Diamondback Energy stock chart
Diamondback Energy in Fortune Rankings
- Fortune 500
- 100 Fastest-Growing Companies