Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock...
31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...
Financials
| Curr Year EPS Estimate | 6.98 |
| Next Quarter EPS Estimate | 1.16 |
| Profit Margin | -1.69 |
| Return on Assets | 0.01 |
| Return on Equity | -0.38 |
| Revenue | 2,671,000,064 |
| Earnings Per Share | -28.59 |
| Revenue Per Share | 16.91 |
| Gross Profit | 2,001,000,000 |
| Quarterly Revenue Growth | -0.31 |
General
| Name | Diamondback Energy, Inc |
| Ticker | FANG |
| Exchange | NASDAQ |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 732 |
About Diamondback Energy, Inc
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2020, the company's total acreage position was approximately 449,642 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,316,441 thousand barrels of crude oil equivalent. It also held working interests in 4,326 gross producing wells, as well as royalty interests in 4,553 additional wells. In addition, the company owns mineral interests approximately 787,264 gross acres and 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 927 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Dividend
Diamondback Energy, Inc pays out a dividend of $1.53 per share, with a dividend yield of 4.31%.
FANG's last dividend payment was made to shareholders on March 11, 2021.
They pay out 50.16% of their earnings out as a dividend.
Recent Dividends
| Aug 22, 2024 | $1.44 |
| May 22, 2024 | $1.07 |
| Mar 12, 2024 | $2.18 |
| Nov 24, 2023 | $0.84 |
| Aug 17, 2023 | $0.84 |
| May 18, 2023 | $0.03 |
| Mar 10, 2023 | $2.15 |
| Nov 25, 2022 | $1.51 |
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