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Diamondback Energy

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    • Energy & Utilitiesexplorationnatural gasoil & 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(2018-04-23)
    $12.5 B
    Type
    Public
    HQ
    Midland, US
    Founded
    2007
    Size (employees)
    158 (est)
    Website
    diamondbackenergy.com
    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
    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
    Thomas Hawkins

    Thomas Hawkins

    Senior Vice President - Land
    Show more

    Diamondback Energy Office Locations

    Diamondback Energy has an office in Midland
    Midland, US (HQ)
    1200 500 W Texas Ave
    Show all (1)
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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 (FY, 2017)

    		1.2 b

    Net income (FY, 2017)

    		516.8 m

    EBIT (FY, 2017)

    		605 m

    Market capitalization (23-Apr-2018)

    		12.5 b

    Cash (31-Dec-2017)

    		112.4 m

    EV

    		13.9 b
    Diamondback Energy's current market capitalization is $12.5 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, 2017

    Revenue

    		98 m127 m139.1 m101.4 m119.1 m111.9 m87.5 m112.5 m142.1 m235.2 m269.4 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 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 m
    show all
    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, 2017

    Cash

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

    Inventories

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

    Current Assets

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

    Total Assets

    		3.1 b3.2 b3 b2.9 b2.8 b3.5 b6.4 b6.8 b
    show all
    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, 2017

    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 m

    Depreciation and Amortization

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

    Inventories

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

    Cash From Operating Activities

    		71.5 m159.7 m252 m99.1 m199.8 m339.6 m72.8 m121.8 m226.3 m175.9 m394.4 m
    show all
    USDY, 2017

    EV/EBIT

    		23 x

    EV/CFO

    		15.6 x

    Revenue/Employee

    		7.6 m

    Financial Leverage

    		1.4 x
    Show all financial metrics
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    Competitors

    Adams Resources & Energy
    Energy & Utilities - Public
    Exco Resources
    Energy & Utilities - Public
    Sinopec Group
    Energy & Utilities - Public
    PDC Energy
    Energy & Utilities - Public
    Compare competitors

    Diamondback Energy News and Updates

    March 09, 2018

    Diamondback Energy seeks investors to develop Permian acreage -sources

    HOUSTON, March 9 (Reuters) - U.S. oil and gas exploration and production company Diamondback Energy Inc is seeking investors, including buyout firms, to finance part of its drilling operations in the Permian Basin, according to three people familiar with the matter.
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