FANG: Diamondback Energy, Inc.
About
Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.
Current Value
$164.361 Year Return
Current Value
$164.361 Year Return
Key Details
Market Cap
$47.64B
P/E Ratio
9.34
1Y Stock Return
12.24%
1Y Revenue Growth
16.67%
Dividend Yield
5.15%
Price to Book
1.3
Strategies that include FANG
Stock's related to FANG
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MTDR | 80.29% | $7.02B | +7.95% | 1.50% |
| MGY | 79.00% | $5.03B | +24.94% | 2.02% |
| DVN | 78.55% | $22.81B | -18.21% | 3.10% |
| OVV | 77.56% | $10.76B | +1.27% | 2.89% |
| PR | 76.97% | $10.38B | +17.96% | 3.10% |
| MUR | 76.37% | $4.41B | -24.27% | 3.96% |
| OXY | 76.20% | $45.09B | -13.50% | 1.83% |
| NOG | 75.53% | $4.03B | +15.79% | 3.97% |
| CHRD | 75.51% | $7.21B | -23.39% | 6.87% |
| CIVI | 74.67% | $4.54B | -23.96% | 4.23% |
| SM | 73.00% | $4.62B | +17.28% | 1.82% |
| VTLE | 72.58% | $1.17B | -24.51% | 0.00% |
| CVE | 72.47% | $27.62B | -3.53% | 3.11% |
| EOG | 72.40% | $71.21B | +8.98% | 2.87% |
| CNQ | 71.13% | $67.77B | +4.52% | 4.77% |
| COP | 70.73% | $132.41B | -7.67% | 2.85% |
| APA | 70.61% | $8.24B | -34.87% | 4.49% |
| XOM | 69.70% | $495.19B | +14.91% | 3.42% |
| IMO | 69.46% | $38.01B | +35.99% | 2.40% |
| SU | 69.22% | $47.57B | +27.88% | 4.24% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NGNE | -0.01% | $352.06M | +79.55% | 0.00% |
| ORCL | 0.02% | $492.53B | +76.31% | 0.90% |
| MDT | -0.03% | $107.17B | +4.37% | 3.34% |
| QXO | -0.04% | $6.67B | -74.26% | 0.00% |
| IMNN | 0.07% | $13.04M | +5.76% | 0.00% |
| SMAR | 0.08% | $7.84B | +27.23% | 0.00% |
| DHR | -0.11% | $169.26B | +6.64% | 0.45% |
| JKHY | 0.12% | $12.93B | +6.71% | 1.24% |
| IBRX | 0.13% | $3.23B | +24.73% | 0.00% |
| RAMP | -0.13% | $2.09B | -5.85% | 0.00% |
| ACRS | 0.18% | $259.29M | +259.41% | 0.00% |
| AWH | 0.25% | $12.12M | -76.47% | 0.00% |
| CASI | 0.27% | $45.97M | -54.21% | 0.00% |
| TECX | 0.28% | $714.92M | +201.37% | 0.00% |
| BDX | 0.29% | $64.02B | -6.44% | 1.76% |
| AJG | 0.30% | $62.25B | +14.60% | 0.84% |
| DASH | 0.31% | $72.24B | +72.18% | 0.00% |
| LEGN | 0.33% | $6.95B | -39.00% | 0.00% |
| PINS | -0.33% | $21.51B | -11.90% | 0.00% |
| TWLO | -0.33% | $16.63B | +52.43% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CHD | -19.37% | $26.23B | +13.34% | 1.05% |
| CBOE | -16.41% | $21.25B | +13.78% | 1.16% |
| VRSK | -14.76% | $40.48B | +17.84% | 0.52% |
| SYK | -14.18% | $145.88B | +29.93% | 0.84% |
| MANU | -13.94% | $2.92B | -11.01% | 0.00% |
| GPCR | -12.97% | $1.99B | -38.81% | 0.00% |
| CYCN | -12.61% | $11.30M | +58.56% | 0.00% |
| MCK | -12.13% | $74.13B | +26.36% | 0.46% |
| NARI | -10.87% | $3.22B | -12.20% | 0.00% |
| LITB | -10.05% | $33.93M | -72.29% | 0.00% |
| OHI | -10.03% | $10.60B | +26.88% | 6.86% |
| CLX | -9.66% | $20.75B | +17.79% | 2.87% |
| LFVN | -9.57% | $182.87M | +119.88% | 1.04% |
| AMT | -9.50% | $93.24B | -2.69% | 3.28% |
| LPTX | -9.46% | $121.08M | +6.76% | 0.00% |
| HUM | -9.30% | $34.42B | -40.69% | 1.25% |
| NTZ | -9.17% | $52.69M | -21.58% | 0.00% |
| QTTB | -9.07% | $297.33M | +153.53% | 0.00% |
| TEM | -8.97% | $7.09B | 0.00% | 0.00% |
| PCVX | -8.89% | $11.27B | +57.82% | 0.00% |
ETF's related to FANG
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| RSPG | 81.42% | $520.40M | 0.4% |
| FCG | 81.25% | $420.94M | 0.6% |
| FTXN | 81.20% | $164.36M | 0.6% |
| FXN | 80.71% | $403.65M | 0.62% |
| VDE | 80.52% | $7.97B | 0.1% |
| IEO | 80.52% | $607.85M | 0.4% |
| FENY | 80.37% | $1.56B | 0.084% |
| XOP | 80.26% | $2.38B | 0.35% |
| IYE | 80.17% | $1.30B | 0.39% |
| IXC | 79.96% | $2.12B | 0.41% |
| PXE | 79.29% | $107.41M | 0.63% |
| XLE | 79.21% | $35.69B | 0.09% |
| DRLL | 78.77% | $344.96M | 0.41% |
| IGE | 76.38% | $626.62M | 0.41% |
| PSCE | 75.25% | $107.78M | 0.29% |
| PXJ | 72.32% | $41.25M | 0.66% |
| XES | 71.65% | $215.32M | 0.35% |
| IEZ | 71.52% | $155.10M | 0.4% |
| OIH | 71.44% | $1.52B | 0.35% |
| DBO | 62.66% | $210.06M | 0.77% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| UNG | 0.12% | $854.11M | 1.06% |
| CGMU | -0.14% | $2.60B | 0.27% |
| FSIG | 0.19% | $1.26B | 0.55% |
| BSCR | -0.21% | $2.37B | 0.1% |
| NEAR | -0.38% | $2.92B | 0.25% |
| YEAR | -0.40% | $1.16B | 0.25% |
| SMB | 0.41% | $270.16M | 0.07% |
| PWZ | -0.43% | $713.57M | 0.28% |
| IBDS | -0.52% | $2.71B | 0.1% |
| FLMI | -0.57% | $402.14M | 0.3% |
| BGRN | -0.64% | $400.57M | 0.2% |
| BSCW | -0.67% | $672.87M | 0.1% |
| HYMU | 0.72% | $244.03M | 0.35% |
| EMBD | -0.73% | $205.57M | 0.39% |
| SUSB | 0.73% | $992.29M | 0.12% |
| BSCU | -0.79% | $1.08B | 0.1% |
| FMHI | -0.89% | $761.52M | 0.7% |
| IBDX | -0.92% | $888.02M | 0.1% |
| BYLD | 1.04% | $232.78M | 0.15% |
| IVOL | 1.08% | $496.60M | 1.02% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TAIL | -30.36% | $68.43M | 0.59% |
| VIXY | -22.02% | $195.31M | 0.85% |
| GOVZ | -19.16% | $328.40M | 0.1% |
| EDV | -18.55% | $3.95B | 0.06% |
| FLDR | -18.09% | $629.85M | 0.15% |
| ZROZ | -18.09% | $1.75B | 0.15% |
| TLT | -17.18% | $56.50B | 0.15% |
| SCHQ | -17.02% | $777.48M | 0.03% |
| VGLT | -16.73% | $10.57B | 0.04% |
| GOVI | -16.55% | $1.03B | 0.15% |
| TLTW | -16.38% | $1.10B | 0.35% |
| DFNM | -16.23% | $1.43B | 0.17% |
| SPTL | -15.81% | $10.94B | 0.03% |
| STXT | -15.72% | $123.50M | 0.49% |
| LGOV | -15.66% | $618.25M | 0.67% |
| GOVT | -15.43% | $29.79B | 0.05% |
| GCOR | -15.16% | $398.74M | 0.14% |
| TLH | -15.00% | $7.13B | 0.15% |
| XONE | -14.23% | $549.30M | 0.03% |
| USDU | -12.71% | $211.42M | 0.5% |
News
Yahoo
We recently published a list of 8 Most Undervalued Natural Gas Stocks To Buy According To Analysts. In this article, we are going to look at where Diamondback Energy, Inc. (NASDAQ:FANG) stands against other most undervalued natural gas stocks to buy according to analysts. According to a report by McKinsey published on November 5, North America’s […]
Yahoo
UBS lowered the firm’s price target on Diamondback Energy (FANG) to $212 from $235 and keeps a Buy rating on the shares. The firm sees “a mixed outlook for Energy in 2025,” noting on the positive side that it sees natural gas momentum building, but adding that crude oil prices face downward pressure and “attractive valuations may not be enough to bring in new investors.” Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top st
MarketWatch
Diamondback Energy Inc. stock outperforms competitors on strong trading day
SeekingAlpha
BNY Mellon Natural Resources Fund (Class A at NAV) returned -1.28% during the third quarter of 2024. Read more here.
SeekingAlpha
With unmatched innovation, military strength, and natural resources, the US excels. Check out my favorite stocks to capitalize on Americaâs enduring strengths.
Yahoo
We recently published a list of 8 Best Fuel Stocks To Buy Now. In this article, we are going to take a look at where Diamondback Energy, Inc. (NASDAQ:FANG) stands against other best fuel stocks to buy now. Fuel stocks, often referred to as energy stocks, represent shares of companies involved in the exploration and […]
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.