Diamondback Energy (FANG)

• Market cap: $44.1B
• 1 day: 3.36%
• 5 days: -2.52%
• 1 month: 5.26%
• 3 months: 9.68%
• 6 months: 0.75%
• Year to date: -7.62%
• 1 year: -3.79%
• 5 years: 225.11%
• 10 years: 124.1%
• Sector: Energy
• Industry: Oil & Gas Exploration & Production

About: Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland sub-basin, with some of the lowest unit costs among its Permian peers.

Employees: 1,983