Diamondback Energy

Energy & Utilities exploration natural gas oil & gas

Diamondback Energy is an independent oil and natural gas company. The Company'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.

Revenue(FY, 2017)

$1.2 B

Market capitalization(2018-06-22)

$12.4 B

Type

Public

Midland, US

Founded

2007

Size (employees)

158 (est)

Website

diamondbackenergy.com

Diamondback Energy was founded in 2007 and is headquartered in Midland, US

Report incorrect company information

Key People/Management at Diamondback Energy

Travis Stice

Chief Executive Officer and Director

Michael Hollis

President, Chief Operating Officer and Director

Teresa Dick

Executive Vice President and Chief Financial Officer

Randall Holder

Executive Vice President, General Counsel and Secretary

Paul Molnar

Executive Vice President - Exploration and Business Development

Russell Pantermuehl

Executive Vice President - Reservoir Engineering

Report incorrect company information

Diamondback Energy Office Locations

Diamondback Energy has an office in Midland

Midland, US (HQ)

1200 500 W Texas Ave

Show all (1)

Report incorrect company information

Diamondback Energy Financials and Metrics

Diamondback Energy Financials

Diamondback Energy's revenue was reported to be $1.21 b in FY, 2017

Summary

USD
Revenue (Q1, 2018)	480.2 m
Net income (Q1, 2018)	178.2 m
EBIT (Q1, 2018)	267.6 m
Market capitalization (22-Jun-2018)	12.4 b
Closing share price (22-Jun-2018)	125.6
Cash (31-Mar-2018)	72.5 m
EV	14 b

Diamondback Energy's current market capitalization is $12.4 b.

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	208 m	495.7 m	446.7 m	527.1 m	1.2 b
Revenue growth, %		138%	(10%)	18%
Sales and marketing expense				82.4 m
General and administrative expense				42.6 m	48.7 m

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q1, 2018
Revenue	98 m	127 m	139.1 m	101.4 m	119.1 m	111.9 m	87.5 m	112.5 m	142.1 m	235.2 m	269.4 m	480.2 m
Sales and marketing expense	7.8 m	10.4 m	13.8 m	22.5 m	20.5 m	22.2 m	18.2 m	18.7 m	22.2 m	26.6 m	29 m
General and administrative expense	4.3 m	3.6 m	6 m	7.8 m	7.2 m	6.9 m	13 m	9.5 m	9.9 m	13.7 m	11.9 m	16.3 m
Operating expense total	49.9 m	63.8 m	75.6 m	100 m	418.2 m	366.7 m	115.1 m	247.3 m	135.4 m	118.8 m	137.1 m	212.5 m

show all

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	15.6 m	30.2 m	20.1 m	1.7 b	112.4 m
Accounts Receivable				102.1 m
Inventories	5.6 m	2.8 m	1.7 m	2 m	9.1 m
Current Assets	62 m	251.7 m	108.7 m	1.8 b	358.6 m

Quarterly

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q1, 2018
Cash	31.6 m	44.7 m	43.8 m	235.8 m	218.8 m	167.3 m	37.4 m	16.6 m	72.5 m
Inventories	2.8 m	2.7 m	2.6 m	1.6 m	1.5 m	2 m	3 m	4.9 m	9 m
Current Assets	215.4 m	170.4 m	173.4 m	291.1 m	298 m	258.3 m	198.8 m	221.3 m	324.5 m
Total Assets	3.1 b	3.2 b	3 b	2.9 b	2.8 b	3.5 b	6.4 b	6.8 b	8.2 b

show all

Cash Flow

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	196 m	(547.8 m)	(164.9 m)	516.8 m
Depreciation and Amortization	170 m	217.7 m	178 m	326.8 m
Inventories	915 k	224 k	(255 k)	(2.2 m)
Accounts Payable				36.8 m

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q1, 2018
Net Income	23.6 m	51.4 m	96.1 m	6.4 m	(204.9 m)	(361 m)	(35.6 m)	(192.7 m)	(193.3 m)	141.1 m	305.2 m	178.2 m
Depreciation and Amortization		40 m	45.4 m	59.7 m	57.1 m	52.4 m	42.1 m	81.9 m	126.7 m	58.9 m		115.2 m
Inventories	(258 k)	977 k	915 k	(20 k)	169 k	225 k	137 k	234 k	(241 k)	(1 m)	(3.1 m)	(12.8 m)
Accounts Payable												(18.3 m)