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 | |
Founded | 2007 | |
HQ | Midland, TX, US | Map |
Website | diamondbackenergy.com | |
Employee Ratings |
USD | |
---|---|
Revenue (Q1, 2022) | 2.4b |
Net income (Q1, 2022) | 803.0m |
EBIT (Q1, 2022) | 1.7b |
Market capitalization (4-Aug-2022) | 21.5b |
Closing stock price (4-Aug-2022) | 116.5 |
Cash (31-Mar-2022) | 149.0m |
USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | 97.5m | 208.0m | 495.7m | 446.7m | 527.1m | 1.2b | 2.2b | 4.0b | 2.8b | 6.8b |
Revenue growth, % | 138% | (10%) | 18% | |||||||
General and administrative expense | 9.2m | 9.9m | 19.9m | 29.6m | 42.6m | 48.7m | 64.6m | 104.0m | 88.0m | 146.0m |
Operating expense total | 9.2m | 9.9m | 19.9m | 29.6m | 42.6m | 48.7m | 67.8m | 108.0m | 92.0m |
USD | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 23.8m | 23.6m | 45.4m | 57.8m | 98.0m | 127.0m | 139.1m | 101.4m | 119.1m | 111.9m | 87.5m | 112.5m | 142.1m | 258.2m | 269.4m | 301.3m | 480.2m | 526.3m | 538.0m | 864.0m | 1.0b | 975.0m | 899.0m | 352.0m | 606.0m | 1.2b | 1.4b | 1.5b | 2.4b |
General and administrative expense | 1.3m | 2.2m | 2.4m | 1.8m | 4.3m | 3.6m | 6.0m | 7.8m | 7.2m | 6.9m | 13.0m | 9.5m | 9.9m | 13.7m | 11.9m | 11.9m | 16.3m | 14.5m | 14.2m | 27.0m | 22.0m | 19.0m | 24.0m | 25.0m | 36.0m | ||||
Operating expense total | 1.3m | 2.2m | 2.4m | 1.8m | 4.3m | 3.6m | 6.0m | 7.8m | 7.2m | 6.9m | 13.0m | 9.5m | 9.9m | 13.7m | 11.9m | 11.9m | 16.9m | 15.5m | 15.1m | 28.0m | 23.0m | 20.0m | 26.0m | 26.0m | |||||
Depreciation and amortization | 31.0m | 40.0m | 45.4m | 59.7m | 57.1m | 52.4m | 42.1m | 39.9m | 44.7m | 58.9m | 75.2m | 87.6m | 115.2m | 129.9m | 146.3m | 322.0m | 359.0m | 365.0m | 407.0m | 273.0m | 313.0m |
USD | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.3m | 5.5m | 81.9m | 53.1m | 25.3m | 37.0m | 40.6m | 31.6m | 44.7m | 43.8m | 235.8m | 218.8m | 167.3m | 37.4m | 16.6m | 30.2m | 72.5m | 113.9m | 508.4m | 126.0m | 326.0m | 100.0m | 149.0m | 51.0m | 92.0m | 121.0m | 344.0m | 457.0m | 149.0m |
Accounts Receivable | 32.3m | 41.7m | 52.5m | 83.4m | 83.0m | 104.0m | 165.3m | 167.9m | 182.4m | 356.0m | 349.0m | 367.0m | 225.0m | 231.0m | 224.0m | 531.0m | 579.0m | 712.0m | 966.0m | ||||||||||
Prepaid Expenses | 1.1m | 956.0k | 807.0k | 659.0k | 1.5m | 1.4m | 3.2m | 4.8m | 4.2m | 3.3m | 3.3m | 2.2m | 3.0m | 4.5m | 3.5m | 3.5m | 6.7m | 7.3m | 8.1m | 60.0m | 56.0m | 22.0m | 140.0m | 33.0m | 20.0m | 27.0m | 25.0m | 28.0m | 33.0m |
Inventories | 6.3m | 6.2m | 6.3m | 6.2m | 5.9m | 3.3m | 3.1m | 2.8m | 2.7m | 2.6m | 1.6m | 1.5m | 2.0m | 3.0m | 4.9m | 4.8m | 9.0m | 13.3m | 14.8m | 39.0m | 44.0m | 45.0m | 36.0m | 34.0m | 33.0m | 52.0m | 52.0m | 53.0m | 62.0m |
USD | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | (36.5m) | 54.6m | 196.0m | (547.8m) | (164.9m) | 516.8m | 944.9m | 315.0m | (4.7b) | 2.3b |
Depreciation and Amortization | 26.3m | 66.6m | 170.0m | 217.7m | 178.0m | 326.8m | 623.0m | 1.4b | 1.3b | 1.3b |
Inventories | (639.0k) | 554.0k | 915.0k | 224.0k | (255.0k) | (2.2m) | (14.8m) | (10.0m) | ||
Accounts Payable | 7.2m | 20.6m | 6.8m | 802.0k | 15.9m | 36.8m | (6.8m) | (129.0m) | (20.0m) | (41.0m) |
USD | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 15.4m | 5.4m | 19.9m | 34.5m | 23.6m | 51.4m | 96.1m | 6.4m | (204.9m) | (361.0m) | (35.6m) | (192.7m) | (193.3m) | 141.1m | 305.2m | 387.2m | 178.2m | 479.3m | 638.7m | 43.0m | 399.0m | 787.0m | (400.0m) | (2.8b) | (3.9b) | 223.0m | 531.0m | 1.2b | 803.0m |
Depreciation and Amortization | 10.7m | 25.6m | 43.0m | 31.0m | 71.0m | 116.4m | 59.7m | 116.8m | 169.1m | 42.1m | 81.9m | 126.7m | 58.9m | 134.1m | 221.7m | 115.2m | 245.1m | 391.4m | 322.0m | 681.0m | 1.0b | 407.0m | 750.0m | 1.0b | 273.0m | 614.0m | 955.0m | 313.0m | |
Inventories | (44.0k) | (89.0k) | (96.0k) | 309.0k | (258.0k) | 977.0k | 915.0k | (20.0k) | 169.0k | 225.0k | 137.0k | 234.0k | (241.0k) | (1.0m) | (3.1m) | (2.7m) | (12.8m) | (18.0m) | (14.2m) | (4.0m) | (8.0m) | (8.0m) | 1.0m | ||||||
Accounts Payable | 2.1m | 3.2m | 4.5m | 7.3m | 7.6m | 2.1m | 7.8m | (16.2m) | 16.6m | 22.8m | (5.1m) | 2.6m | 10.6m | 10.3m | 26.8m | 18.3m | (18.3m) | (1.3m) | 18.4m | (190.0m) | (166.0m) | (136.0m) | (35.0m) | (50.0m) | (18.0m) | (26.0m) | (26.0m) | (39.0m) | (13.0m) |
USD | Q3, 2012 |
---|---|
Financial Leverage | 1 x |
Company Name | Date | Deal Size |
---|---|---|
Energen | August 15, 2018 | $8.2 b |
When was Diamondback Energy founded?
Diamondback Energy was founded in 2007.
Who are Diamondback Energy key executives?
Diamondback Energy's key executives are Travis D. Stice, Michael L. Hollis and Teresa L. Dick.
How many employees does Diamondback Energy have?
Diamondback Energy has 712 employees.
What is Diamondback Energy revenue?
Latest Diamondback Energy annual revenue is $6.8 b.
What is Diamondback Energy revenue per employee?
Latest Diamondback Energy revenue per employee is $9.5 m.
Who are Diamondback Energy competitors?
Competitors of Diamondback Energy include Pemex, Sino Oil and Gas Holdings and Laredo Petroleum.
Where is Diamondback Energy headquarters?
Diamondback Energy headquarters is located at 500 W Texas Ave #1200, Midland.
Where are Diamondback Energy offices?
Diamondback Energy has an office in Midland.
How many offices does Diamondback Energy have?
Diamondback Energy has 1 office.
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