Company research

Diamondback Energy, Inc. (FANG) stock fundamentals

Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the

As of 2026-10-09

Exchange
XNAS
Sector
Energy
Industry
Oil & Gas E&P

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Daily valuation snapshot

Diamondback Energy, Inc.: source evidence dated 2026-10-09.

Daily close (USD)
$192.13
Market capitalization (USD)
$53,801,078,941.89
Price / earnings (TTM)
36.67
Price / book
1.22
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Company overview

Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It 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. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Daily valuation snapshot

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These values come from the daily market snapshot dated 2026-10-09. TTM means trailing twelve months. Use the market date when comparing FANG with another company.

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Daily close (USD)$192.13
Market capitalization (USD)$53,801,078,941.89
Price / earnings (TTM)36.67
Price / book1.22

Read FANG's valuation metrics

  1. Company size

    Diamondback Energy, Inc.'s recorded market capitalization is $53,801,078,941.89. It measures the market value of the company's equity, rather than its revenue or cash balance.

  2. Price relative to earnings

    FANG's recorded P/E is 36.67: about $36.67 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.

  3. Price relative to book equity

    FANG's recorded price-to-book ratio is 1.22. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.

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