FANG

Diamondback Energy, Inc. (FANG) is a U.S.-based company operating in the energy sector, within the oil and natural gas exploration and production (E&P) industry. The company focuses on onshore resource development, with operations concentrated in the Permian Basin, one of the most productive hydrocarbon regions in North America.

Its strategy is centered on efficient shale development, leveraging advanced drilling techniques and data-driven operations to maximize production and control costs.

Its activities include:

• Exploration and production of crude oil.
• Natural gas and natural gas liquids (NGLs) extraction.
• Development of unconventional shale reservoirs.
• Horizontal drilling and multi-stage hydraulic fracturing operations.
• Water management and infrastructure integration.
• Reservoir modeling and production optimization.

Diamondback operates primarily in Texas and New Mexico, with a concentrated asset base in the Midland and Delaware basins. Its infrastructure includes drilling operations, production facilities, gathering systems, and logistics networks designed to support scalable and efficient output.

Market conditions influencing the business include oil and gas price cycles, U.S. energy policy, technological advancements in drilling, capital allocation trends, regulatory developments, and infrastructure constraints in the Permian Basin.

Diamondback Energy is listed on the Nasdaq under the ticker FANG.

History and Development

Diamondback Energy was founded in 2007 in Texas, initially focused on acquiring and developing oil assets in the Permian Basin.

The company quickly shifted toward unconventional shale development, leveraging horizontal drilling and hydraulic fracturing technologies to scale production. Its public listing supported expansion into high-quality acreage and accelerated operational growth.

Through strategic acquisitions and continuous technological improvements, Diamondback increased its production capacity and strengthened its position as a low-cost operator in the region.

In recent years, the company has focused on capital discipline, operational efficiency, and shareholder returns, while advancing infrastructure integration and emissions-reduction initiatives, reinforcing its role as a leading independent producer in the Permian Basin.

Additional Information

Diamondback Energy Inc. (United States) is listed on the Nasdaq and has a market capitalization of $53.42 Billions, with shareholders equity totaling $42.97 Billions.

The company employs approximately 732 people and operates in the Energy sector, within the Oil, Gas and Consumable Fuels industry.

Over the past 12 months, Diamondback Energy Inc. reported $14.93 Billions in revenue, generating net income of $1.66 Billion.

Key financial metrics include a P/E ratio of 32.10, a price-to-book (P/B) ratio of 1.24, and a trailing twelve-month dividend yield of 2.17%.

The company trades under the ticker FANG.