Diamondback Energy

Diamondback Energy is an independent oil and natural gas company headquartered in Midland, TX. Diamondback’s growth strategy is focused on the acquisition, development, exploration and exploitation of unconventional, long-life, onshore oil and natural gas reserves in the major oil producing Permian Basin in West Texas. The Company’s operations are directed primarily at the large acreage areas of the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations, collectively known as the Wolfberry Trend.

Midland, US
Size (employees)
158 (est)+13%
Diamondback Energy was founded in 2007 and is headquartered in Midland, US

Diamondback Energy Office Locations

Diamondback Energy has office in Midland
Midland, US

Diamondback Energy Metrics

Diamondback Energy Summary

Market capitalization

$9.3 b

Closing share price

Diamondback Energy's current market capitalization is $9.3 b.

Diamondback Energy Financials

Diamondback Energy's revenue is $527.1 m in FY, 2016 which is a 18% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$208 m$495.7 m$446.7 m$527.1 m

Revenue growth, %


Operating expense total

$112.8 m$283 m$1.2 b


$95.2 m$212.7 m($740.3 m)

Net Income

$54.6 m$196 m($547.8 m)($164.9 m)

Operating cash flow

($10.8 m)$14.6 m($10.1 m)

Diamondback Energy Market Value History

Diamondback Energy News

Diamondback Energy Company Life

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