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.

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

Diamondback Energy Office Locations

Diamondback Energy has an office in Midland
Midland, US (HQ)
1200 500 W Texas Ave

Diamondback Energy Data and Metrics

Diamondback Energy Financial Metrics

Diamondback Energy's revenue was reported to be $527.1 m in FY, 2016 which is a 18% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

527.1 m

Revenue growth (FY, 2015 - FY, 2016), %

18%

Net income (FY, 2016)

(164.9 m)

EBIT (FY, 2016)

(68.6 m)

Market capitalization (26-May-2017)

9.7 b

Closing share price (26-May-2017)

99.6

Cash (31-Dec-2016)

1.7 b
Diamondback Energy's current market capitalization is $9.7 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

208 m495.7 m446.7 m527.1 m

Revenue growth, %

138%(10%)18%

Operating expense total

112.8 m283 m1.2 b595.7 m

EBIT

95.2 m212.7 m(740.3 m)(68.6 m)

EBIT margin, %

46%43%(166%)(13%)

Interest expense

34.5 m

Interest income

1 k41.5 m40.7 m

Pre tax profit

305 m(749.1 m)(164.7 m)

Income tax expense

(201.3 m)192 k

Net Income

54.6 m196 m(547.8 m)(164.9 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

15.6 m30.2 m20.1 m1.7 b

Accounts Receivable

Inventories

5.6 m2.8 m1.7 m2 m

Current Assets

62 m251.7 m108.7 m1.8 b

Total Assets

1.5 b3.1 b2.8 b5.3 b

Accounts Payable

Current Liabilities

121.3 m266.7 m141.4 m209.3 m

Additional Paid-in Capital

842.6 m1.6 b2.2 b4.2 b

Retained Earnings

2.5 m196.3 m(354.4 m)(519.4 m)

Total Equity

2 b2.1 b4 b

Financial Leverage

1.6 x1.3 x1.3 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

196 m(547.8 m)(164.9 m)

Depreciation and Amortization

170 m217.7 m178 m

Accounts Receivable

(39 m)9 m(35 m)

Inventories

915 k224 k(255 k)

Accounts Payable

Cash From Operating Activities

(10.8 m)356.4 m416.5 m332.1 m

Cash From Investing Activities

(1.5 b)(895.1 m)(1.3 b)

Cash From Financing Activities

1.1 b468.5 m2.6 b

Income Taxes Paid

267 k192 k
Numbers are in $, USDY, 2016

Revenue/Employee

3.7 m

Financial Leverage

1.3 x

Diamondback Energy Market Value History

Diamondback Energy News and Updates

Diamondback Energy Company Life and Culture

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