Diamondback Energy, Inc.

Diamondback Energy, Inc.verified




Market Cap:


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. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also h...[Read more]


Oil & Gas Exploration & Production

IPO Date


Stock Exchange




The ROE as of June 2024 (TTM) for Diamondback Energy, Inc. (FANG) is 19.56%

According to Diamondback Energy, Inc.’s latest financial reports and current stock price. The company's current ROE is 19.56%. This represents a change of 301.28% compared to the average of 4.88% of the last 4 quarters.

Diamondback Energy, Inc. (FANG) Historical ROE (quarterly & annually)

How has FANG ROE performed in the past?

The mean historical ROE of Diamondback Energy, Inc. over the last ten years is 0.75%. The current 19.56% ROE has changed 2.52% with respect to the historical average. Over the past ten years (40 quarters), FANG's ROE was at its highest in in the June 2022 quarter at 10.51%. The ROE was at its lowest in in the June 2020 quarter at -22.34%.

Quarterly (TTM)









Diamondback Energy, Inc. (FANG) ROE by Quarter and Year

Discovering the peaks and valleys of Diamondback Energy, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 71.40%

Maximum Annual ROE = 29.22%

Minimum Annual Increase = -3032.84%

Minimum Annual ROE = -53.13%

Quarterly (TTM)

Diamondback Energy, Inc. (FANG) Average ROE

How has FANG ROE performed in the past?

The current ROE of Diamondback Energy, Inc. (FANG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg


5-year avg


10-year avg


Diamondback Energy, Inc. (FANG) ROE vs. Peers

How is FANG’s ROE compared to its peers?

Diamondback Energy, Inc.’s ROE is less than Devon Energy Corporation (28.56%), less than Coterra Energy Inc. (10.08%), less than EOG Resources, Inc. (26.58%), less than ConocoPhillips (21.84%), less than Antero Resources Corporation (0.95%), less than Callon Petroleum Company (10.67%), less than Earthstone Energy, Inc. (26.29%), less than Vital Energy, Inc. (22.99%), less than Pioneer Natural Resources Company (20.80%), less than Occidental Petroleum Corporation (14.47%), less than APA Corporation (155.77%), less than Hess Corporation (22.46%), less than EQT Corporation (4.42%),

Build a custom stock screener for Diamondback Energy, Inc. (FANG) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Diamondback Energy, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Diamondback Energy, Inc. (FANG) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Diamondback Energy, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Diamondback Energy, Inc.'s ROE?

How is the ROE calculated for Diamondback Energy, Inc. (FANG)?

What is the highest ROE for Diamondback Energy, Inc. (FANG)?

What is the 3-year average ROE for Diamondback Energy, Inc. (FANG)?

What is the 5-year average ROE for Diamondback Energy, Inc. (FANG)?

How does the current ROE for Diamondback Energy, Inc. (FANG) compare to its historical average?