Diamondback Energy (FANG)

• Market cap: $52.9B
• 1 day: -0.97%
• 5 days: -4.4%
• 1 month: -8.51%
• 3 months: 3.18%
• 6 months: 26.2%
• Year to date: 23.49%
• 1 year: 24.56%
• 5 years: 108.17%
• 10 years: 115.61%
• 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: 1,762