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.
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 (21-Jul-2017)

8.5 b

Cash (31-Dec-2016)

1.7 b

EV

8 b
Diamondback Energy's current market capitalization is $8.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

208 m495.7 m446.7 m527.1 m

Revenue growth, %

138%(10%)18%

Sales and marketing expense

82.4 m

General and administrative expense

42.6 m

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)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

15.6 m30.2 m20.1 m1.7 b

Accounts Receivable

102.1 m

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

14.9 m

Total Debt

1.1 b

Current Liabilities

121.3 m266.7 m141.4 m209.3 m

Total Liabilities

1.3 b

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

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.2 x

Financial Leverage

1.6 x1.3 x1.3 x
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)

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
USDY, 2016

EV/EBIT

-116.4 x

EV/CFO

24 x

Revenue/Employee

3.7 m

Debt/Equity

0.3 x

Debt/Assets

0.2 x

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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