What is Diamondback Energy's market cap?

Diamondback Energy (FANG) has a market capitalization of $52.5B and trades on NASDAQ.

What is Diamondback Energy's revenue and profitability?

Diamondback Energy generated $15.2B in trailing twelve-month revenue with net income of $3.1B, representing a net margin of 27.3%. These figures are based on the Q1 2026 filing.

Who are Diamondback Energy's competitors?

Diamondback Energy's key competitors include Chevron Corporation, Occidental Petroleum, ConocoPhillips, and others. These companies compete in similar markets and product categories.

Who does Diamondback Energy partner with?

Diamondback Energy's notable partners include GRP Energy Capital LLC, Warwick Capital Partners LLP.

What subsidiaries does Diamondback Energy have?

Diamondback Energy's subsidiaries include Viper Energy, Inc., Endeavor Energy Resources, LP, DE Permian, LLC.

Where is Diamondback Energy headquartered?

Diamondback Energy is headquartered in United States of America and employs approximately 1,023 people. It has been publicly traded since 2012.

Diamondback Energy

FANG

Diamondback Energy is an independent oil and natural gas company focused on the acquisition, development, and exploitation of unconventional onshore reserves.

Market cap

$52.49B+27.5%

Revenue$15.2B+18.1%

Net income$3.1B-5.7%

EPS (diluted)$10.80-31.0%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 4, 2026

Revenue$4.2BBeat by $405.5M EPS$4.23Beat by $0.49

Read the full report

Next report

Aug 3, 2026 (In 3 weeks)

Revenue estimate$5.0B

EPS estimate$6.18

Financials

Q1 2026

Income statement

See full

Revenue$4.2B+4.7%

Operating income$116.0M-93.1%

Net income$25.0M-98.2%

EPS (diluted)$0.08-98.3%

Balance sheet

See full

Cash & equivalents$176.0M-91.4%

Total debt$14.6B-1.2%

Total equity$36.5B-5.2%

Total assets$70.1B0.0%

Cash flow

See full

Operating cash flow$1.8B-22.4%

Valuation & ratios

Valuation

See full

Market cap$52.49B+27.5%

Enterprise value$66.96B+19.4%

P/E16.7×—

P/S3.5×+0.5×

Returns & leverage

See full

Debt / equity0.4×0.0×

Current ratio0.6×-0.3×

Segments

By product

See full

Oil sales$3.4B+13.4%

Sales of purchased oil$385.0M+2.9%

Natural gas liquid sales$359.0M-11.6%

Natural gas sales$21.0M-90.1%

Competitors

By market cap

Chevron$350.46B+36.4%

ConocoPhillips$134.89B+14.1%

Occidental Petroleum$53.3B+23.7%

FAN

Diamondback Energy$52.5B+27.5%

Crescent Energy$3.2B+35.9%

Northern Oil and Gas$2.1B-28.4%

Diversified Energy $976.3M+13.8%

EPM

Evolution Petroleum$134.7M-21.5%

By revenue growth

Diversified Energy +185%

Crescent Energy+18.3%

FAN

Diamondback Energy+18.1%

ConocoPhillips+1.4%

EPM

Evolution Petroleum-3.2%

Chevron-5.8%

Occidental Petroleum-8.0%

Northern Oil and Gas-22.7%

By net margin

Diversified Energy 28.08%+91.8pp

FAN

Diamondback Energy27.32%-5.2pp

Occidental Petroleum23.89%+8.9pp

ConocoPhillips12.58%-4.0pp

Northern Oil and Gas7.61%-43.4pp

Chevron5.79%-2.0pp

EPM

Evolution Petroleum-4.36%-3.5pp

Crescent Energy-7.24%-4.4pp

Profile

Diamondback Energy is an independent oil and natural gas company focused on the acquisition, development, and exploitation of unconventional onshore reserves. The company operates primarily in the Permian Basin of West Texas and New Mexico, leveraging horizontal drilling in the Midland and Delaware Basins. Its value proposition is centered on capital efficiency, long-lived reserves, and high drilling success rates in liquids-rich formations.

Competitive position

A leading independent operator in the Permian Basin with a significant acreage position and a focus on low-cost horizontal development.

GeographiesUnited States, Texas, New Mexico

Customer segmentsEnergy wholesalers, Refining companies

Business modelAsset-heavy production, Resource extraction, Royalty management

SuppliersOilfield service providers, Drilling rig operators, Water management services, Equipment and raw material suppliers

CustomersCrude oil refiners, Natural gas processors, Pipeline operators, Commodity traders

CountryUnited States of America

Listed2012

Employees1.0K

CEOMatthew Kaes Van't Hof

SectorEnergy

IndustryOil & Gas Exploration & Production

Websitediamondbackenergy.com

FilingsSEC EDGAR

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Questions, answered.

What is Diamondback Energy's market cap?: Diamondback Energy (FANG) has a market capitalization of $52.5B and trades on NASDAQ.
What is Diamondback Energy's revenue and profitability?: Diamondback Energy generated $15.2B in trailing twelve-month revenue with net income of $3.1B, representing a net margin of 27.3%. These figures are based on the Q1 2026 filing.
Who are Diamondback Energy's competitors?: Diamondback Energy's key competitors include Chevron Corporation, Occidental Petroleum, ConocoPhillips, and others. These companies compete in similar markets and product categories.
Who does Diamondback Energy partner with?: Diamondback Energy's notable partners include GRP Energy Capital LLC, Warwick Capital Partners LLP.
What subsidiaries does Diamondback Energy have?: Diamondback Energy's subsidiaries include Viper Energy, Inc., Endeavor Energy Resources, LP, DE Permian, LLC.
Where is Diamondback Energy headquartered?: Diamondback Energy is headquartered in United States of America and employs approximately 1,023 people. It has been publicly traded since 2012.