Diamondback Energy

World Rank (Jan-05-2024)

642

Market Cap (Jan-05-2024)

28.670 Billion USD

World Rank (Jul-30-2023)

706

Market Cap (Jul-30-2023)

26.375 Billion USD

World Rank (Jan-07-2022)

950

Market Cap (Jan-07-2022)

22.016 Billion USD

World Rank (Jan-01-2021)

2,087

Market Cap (Jan-01-2021)

7.646 Billion USD

Company Rank in Country in 2023

Rank in USA in July-2023 is 310

Headquarters Country

USA

Nasdaq / NYSE Code

FANG

Market Cap (Mar-08-2026)

50.93

CEO

Travis D. Stice

Chairman

Travis D. Stice

Employee Count

972

Employee Count as of Date

As on 2022

Headquarters City/State

Texas

World Region

Americas

World Subregion

Northern America

Annual Revenue in USD

9,566 Million USD

Annual Operating Income in USD

6,522 Million USD

Annual Net Income in USD

4,386 Million USD

Annual Results for Period Ending

Dec-2022 ending year

Total Assets in USD

26,209 Million USD

Total Liabilities in USD

10,519 Million USD

Total Equity in USD

15,690 Million USD

Balance Sheet for Period Ending

Dec-2022 ending year

Business Sector

Energy

Oil and Gas

Natural Gas Generation

Petroleum

Company Website

DIAMONDBACK ENERGY INC - Oil and Gas Company

Wikipedia

Yahoo

Yahoo @ Nasdaq

Company Profile

Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. Diamondback's activities are primarily focused on the horizontal exploitation of multiple intervals within the Wolfcamp, Spraberry, Clearfork, Bone Spring and Cline formations.

As on 2022, DIAMONDBACK ENERGY has 972 employees.

DIAMONDBACK ENERGY annual revenue generated for period ending Dec-2022 was 9,643 million USD.

DIAMONDBACK ENERGY annual net income generated for period ending Dec-2022 was 4,386 million USD.

Annual Results Summary

DIAMONDBACK ENERGY - Yearly Revenue and Net Income - in Million GBP:

Year - Ending	Revenue	Operating Income	Net Income
Dec-2023	8,412	4,581	3,143
Dec-2022	9,643	6,522	4,386
Dec-2021	6,797	4,079	2,182
Dec-2020	2,813	545	-4,517 (Loss)
Dec-2019	3,964	1,485	240
Dec-2018	2,176	1,047	845

Balance Sheet Summary

Total Assets as on Dec-2023 was 29,001 Million USD.

Total Liabilities as on Dec-2023 was 11,571 Million USD.

Total Equity as on Dec-2023 was 17,430 Million USD.

Founded Year

2007

Institutional Investors

Top 30 Institutional Holder Names in DIAMONDBACK ENERGY as on SEP-30-2023

RANK	INSTITUTION NAME	DATE	SHARES HELD	CHANGE (SHARES)	CHANGE (%)	VALUE (IN 1,000S)
1	VANGUARD GROUP INC	09/30/2023	2,16,93,579	-2,21,909	-1.01%	$3,387,452
2	WELLINGTON MANAGEMENT GROUP LLP	09/30/2023	1,42,66,640	6,48,317	4.76%	$2,227,736
3	BLACKROCK INC.	09/30/2023	1,38,86,751	-1,81,000	-1.29%	$2,168,416
4	STATE STREET CORP	09/30/2023	1,15,71,101	1,28,605	1.12%	$1,806,827
5	BLACKSTONE INC.	09/30/2023	58,49,819	-20,99,300	-26.41%	$913,449
6	FMR LLC	09/30/2023	55,89,925	-1,74,917	-3.03%	$872,867
7	JPMORGAN CHASE & CO	09/30/2023	54,67,399	8,86,202	19.34%	$853,734
8	GEODE CAPITAL MANAGEMENT, LLC	09/30/2023	40,09,662	41,270	1.04%	$626,109
9	PRICE T ROWE ASSOCIATES INC /MD/	09/30/2023	38,39,108	34,98,720	1027.86%	$599,477
10	MORGAN STANLEY	09/30/2023	34,94,159	89,663	2.63%	$545,613
11	NUVEEN ASSET MANAGEMENT, LLC	09/30/2023	34,32,379	4,46,766	14.96%	$535,966
12	INVESCO LTD.	09/30/2023	33,20,567	2,06,189	6.62%	$518,507
13	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	09/30/2023	30,07,599	8,58,446	39.94%	$469,637
14	PACER ADVISORS, INC.	09/30/2023	20,44,747	83,923	4.28%	$319,287
15	DIMENSIONAL FUND ADVISORS LP	09/30/2023	20,25,041	-30,324	-1.48%	$316,210
16	NORTHERN TRUST CORP	09/30/2023	19,99,579	12,237	0.62%	$312,234
17	BANK OF NEW YORK MELLON CORP	09/30/2023	16,16,235	-57,009	-3.41%	$252,375
18	YACKTMAN ASSET MANAGEMENT LP	09/30/2023	14,54,923	957	0.07%	$227,186
19	T. ROWE PRICE INVESTMENT MANAGEMENT, INC.	09/30/2023	14,15,986	1,30,006	10.11%	$221,106
20	CAPITAL RESEARCH GLOBAL INVESTORS	09/30/2023	14,11,666	-591	-0.04%	$220,432
21	BOSTON PARTNERS	09/30/2023	13,60,350	-19,563	-1.42%	$212,419
22	LEGAL & GENERAL GROUP PLC	09/30/2023	11,97,496	-30,647	-2.50%	$186,989
23	GOLDMAN SACHS GROUP INC	09/30/2023	11,52,871	1,38,221	13.62%	$180,021
24	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	09/30/2023	10,04,965	8,468	0.85%	$156,925
25	LOOMIS SAYLES & CO L P	09/30/2023	9,30,968	-1,43,198	-13.33%	$145,371
26	UBS GROUP AG	09/30/2023	8,75,481	-48,580	-5.26%	$136,706
27	DIAMOND HILL CAPITAL MANAGEMENT INC	09/30/2023	8,31,092	8,31,092	New	$129,775
28	BANK OF AMERICA CORP /DE/	09/30/2023	8,24,538	33,093	4.18%	$128,752
29	WELLS FARGO & COMPANY/MN	09/30/2023	7,58,709	3,595	0.48%	$118,472
30	AMERICAN CENTURY COMPANIES INC	09/30/2023	7,31,626	-1,38,575	-15.92%	$114,243