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.

Type
Public
HQ
Midland, US
Founded
2007
Size (employees)
158 (est)
Diamondback Energy was founded in 2007 and is headquartered in Midland, US
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Key People/Management at Diamondback Energy

Travis Stice

Travis Stice

Chief Executive Officer and Director
Michael Hollis

Michael Hollis

President, Chief Operating Officer and Director
Teresa Dick

Teresa Dick

Executive Vice President and Chief Financial Officer
Randall Holder

Randall Holder

Executive Vice President, General Counsel and Secretary
Paul Molnar

Paul Molnar

Executive Vice President - Exploration and Business Development
Russell Pantermuehl

Russell Pantermuehl

Executive Vice President - Reservoir Engineering
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Diamondback Energy Office Locations

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

Diamondback Energy Financials

Diamondback Energy's revenue was reported to be $1.21 b in FY, 2017
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.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

208 m495.7 m446.7 m527.1 m1.2 b

Revenue growth, %

138%(10%)18%

Sales and marketing expense

82.4 m

General and administrative expense

42.6 m48.7 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

98 m127 m139.1 m101.4 m119.1 m111.9 m87.5 m112.5 m142.1 m235.2 m269.4 m480.2 m

Sales and marketing expense

7.8 m10.4 m13.8 m22.5 m20.5 m22.2 m18.2 m18.7 m22.2 m26.6 m29 m

General and administrative expense

4.3 m3.6 m6 m7.8 m7.2 m6.9 m13 m9.5 m9.9 m13.7 m11.9 m16.3 m

Operating expense total

49.9 m63.8 m75.6 m100 m418.2 m366.7 m115.1 m247.3 m135.4 m118.8 m137.1 m212.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

15.6 m30.2 m20.1 m1.7 b112.4 m

Accounts Receivable

102.1 m

Inventories

5.6 m2.8 m1.7 m2 m9.1 m

Current Assets

62 m251.7 m108.7 m1.8 b358.6 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

31.6 m44.7 m43.8 m235.8 m218.8 m167.3 m37.4 m16.6 m72.5 m

Inventories

2.8 m2.7 m2.6 m1.6 m1.5 m2 m3 m4.9 m9 m

Current Assets

215.4 m170.4 m173.4 m291.1 m298 m258.3 m198.8 m221.3 m324.5 m

Total Assets

3.1 b3.2 b3 b2.9 b2.8 b3.5 b6.4 b6.8 b8.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

196 m(547.8 m)(164.9 m)516.8 m

Depreciation and Amortization

170 m217.7 m178 m326.8 m

Inventories

915 k224 k(255 k)(2.2 m)

Accounts Payable

36.8 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

23.6 m51.4 m96.1 m6.4 m(204.9 m)(361 m)(35.6 m)(192.7 m)(193.3 m)141.1 m305.2 m178.2 m

Depreciation and Amortization

40 m45.4 m59.7 m57.1 m52.4 m42.1 m81.9 m126.7 m58.9 m115.2 m

Inventories

(258 k)977 k915 k(20 k)169 k225 k137 k234 k(241 k)(1 m)(3.1 m)(12.8 m)

Accounts Payable

(18.3 m)
USDY, 2018

EV/EBIT

52.3 x

EV/CFO

41.3 x

Financial Leverage

1.4 x
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