FANG: Diamondback Energy, Inc. - Summary | Jitta

Diamondback Energy, Inc.

NASDAQ:FANG

Price
$150.15
Loss Chance
43.5%
5.51JITTA SCORE
65.35%Under Jitta Line
Jitta Ranking
78 / 226
1,465 / 5,004
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (45)
Recent Business Performance (20)
Financial Strength (83)
Return to Shareholders (55)
Competitive Advantage (52)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 5 years
Debt LevelLow Long Term Debt
Dividend PayoutIncreasing Every Year
Interest Coverage RatioGood
SG&A to SalesDecreasing
Cash Conversion CycleLess than 60 days
Operating MarginInconsistent
Recent Business PerformanceEarning decline 26.57% in the last quarter (yoy)
CapExVery High
Key Stats
Jitta Score
Jitta Line
5.51
65.35%
3.79
43.67%
Oil and Gas Exploration and Production
4.37
83.79%
4.37
83.79%
4.36
23.16%
COMPANY DESCRIPTION
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 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. The company also owns, operates, develops, and acquires midstream infrastructure assets, including 770 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.