Diamondback Energy (FANG) Stock Analysis

November 11, 2026

This is a peer-relative look at Diamondback Energy (FANG): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Energy peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Diamondback Energy (FANG)
Profile Item	FANG
Name	Diamondback Energy Inc.
Country/Region	United States
GICS Sector	Energy
GICS Industry Group	Energy
GICS Industry	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Oil & Gas Exploration & Production
Market Capitalization	49.96 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	October 12, 2012
Security Type	Common Stock

Price Performance

Cumulative Growth

FANG

GSPC

Diamondback Energy (FANG) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Diamondback Energy (FANG) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Diamondback Energy (FANG) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Diamondback Energy (FANG) metric values compared with Energy industry-group medians
Metric	Current stock: FANG	Industry group median
Total Return (1Y)	26.99%	32.08%
Total Return (3Y, Annualized)	8.52%	14.39%
Total Return (5Y, Annualized)	14.17%	15.43%

Risk Profile

Drawdown History

FANG

GSPC

Diamondback Energy (FANG) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Diamondback Energy (FANG) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Diamondback Energy (FANG) metric values compared with Energy industry-group medians
Metric	Current stock: FANG	Industry group median
Volatility (1Y, Annualized)	33.77%	41.29%
Beta (5Y)	0.53	0.66
Max Drawdown (5Y)	-42.10%	-52.09%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. FANG is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Diamondback Energy (FANG) metric values compared with Energy industry-group medians
Metric	Current stock: FANG	Industry group median
Sharpe Ratio (1Y)	0.67	0.67
Sortino Ratio (1Y)	0.97	1.01

Profitability

ROE (TTM)

Diamondback Energy (FANG) posts ROE of 4.86%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

FANG

Energy industry group

4.86%

Group distribution

Max: 53.85%
Q3: 24.79%
Median: 12.85%
FANG: 4.86%
Q1: 2.03%
Min: -29.09%

Largest peers

PBR: 30.27%
TTE: 17.83%
COP: 17.66%
SHEL: 17.43%
XOM: 15.53%
CVX: 13.85%
FANG: 4.86%

Where Diamondback Energy (FANG) stands on ROE within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Diamondback Energy (FANG) keeps 11.62% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

FANG

Energy industry group

11.62%

Group distribution

Max: 56.92%
Q3: 22.92%
FANG: 11.62%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

Largest peers

PBR: 24.32%
COP: 16.76%
CVX: 11.92%
FANG: 11.62%
XOM: 10.46%
TTE: 10.46%
SHEL: 10.18%

Where Diamondback Energy (FANG) stands on net margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Diamondback Energy (FANG) turns 44.95% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

FANG

Energy industry group

44.95%

Group distribution

Max: 71.31%
FANG: 44.95%
Q3: 33.75%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

Largest peers

FANG: 44.95%
PBR: 44.68%
COP: 30.05%
TTE: 24.51%
SHEL: 18.76%
CVX: 17.89%
XOM: 16.98%

Where Diamondback Energy (FANG) stands on operating margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Diamondback Energy (FANG) metric values compared with Energy industry-group medians
Metric	Current stock: FANG	Industry group median
ROE (TTM)	4.86%	12.85%
ROA (TTM)	2.07%	5.49%
Net Margin (TTM)	11.62%	10.10%
Operating Margin (TTM)	44.95%	18.73%
Gross Margin (TTM)	73.62%	44.52%

Growth

Revenue Growth

Diamondback Energy (FANG) grew revenue 35.44%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.

Diamondback Energy (FANG): Revenue Growth across different time periods, set against Energy industry-group medians.

EPS Growth

Diamondback Energy (FANG) grew earnings per share -63.10%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.

Diamondback Energy (FANG): EPS Growth across different time periods, set against Energy industry-group medians.

Growth Metrics

Diamondback Energy (FANG) metric values compared with Energy industry-group medians
Metric	Current stock: FANG	Industry group median
Revenue Growth (YoY)	35.44%	0.51%
Revenue Growth (3Y CAGR)	15.99%	0.37%
EPS Growth (YoY)	-63.10%	-11.75%
EPS Growth (3Y CAGR)	-38.48%	-12.07%

Financial Strength

Current Ratio (MRQ)

Diamondback Energy (FANG) has current ratio of 0.55, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

FANG

Energy industry group

0.55

Group distribution

Max: 3.64
Q3: 2.21
Median: 1.41
Q1: 0.88
FANG: 0.55
Min: 0.24

Largest peers

COP: 1.52
SHEL: 1.38
CVX: 1.34
XOM: 1.19
TTE: 1.11
PBR: 0.85
FANG: 0.55

Where Diamondback Energy (FANG) stands on current ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Diamondback Energy (FANG) has debt-to-equity ratio of 0.29, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.

FANG

Energy industry group

0.29

Group distribution

Max: 1.75
Q3: 0.93
Median: 0.54
Q1: 0.30
FANG: 0.29
Min: 0.00

Largest peers

PBR: 0.76
TTE: 0.46
SHEL: 0.38
COP: 0.35
FANG: 0.29
CVX: 0.17
XOM: 0.13

Where Diamondback Energy (FANG) stands on debt-to-equity ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Diamondback Energy (FANG) metric values compared with Energy industry-group medians
Metric	Current stock: FANG	Industry group median
Current Ratio (MRQ)	0.55	1.41
Debt / Equity (MRQ)	0.29	0.54
Net Debt / EBITDA	0.99	1.13

Dividends

Dividend Yield (TTM)

Diamondback Energy (FANG) has dividend yield of 2.47%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

FANG

Energy industry group

2.47%

Group distribution

Max: 8.57%
Q3: 3.58%
FANG: 2.47%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

Largest peers

PBR: 19.51%
TTE: 4.58%
CVX: 3.31%
XOM: 2.49%
COP: 2.48%
FANG: 2.47%
SHEL: 1.54%

Where Diamondback Energy (FANG) stands on dividend yield within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Diamondback Energy (FANG) has payout ratio of 57.20%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

FANG

Energy industry group

57.20%

Group distribution

Max: 133.24%
FANG: 57.20%
Q3: 53.31%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

Largest peers

FANG: 57.20%
CVX: 51.76%
XOM: 42.39%
TTE: 39.93%
COP: 35.41%
PBR: 28.93%
SHEL: 26.24%

Where Diamondback Energy (FANG) stands on payout ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Diamondback Energy (FANG) metric values compared with Energy industry-group medians
Metric	Current stock: FANG	Industry group median
Dividend Yield (TTM)	2.47%	1.71%
Dividend Payout Ratio (TTM)	57.20%	25.24%

Valuation

P/E Ratio (TTM)

Diamondback Energy (FANG) trades at P/E ratio of 24.09, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.

FANG

Energy industry group

24.09

Group distribution

Max: 39.54
FANG: 24.09
Q3: 21.72
Median: 12.19
Q1: 7.71
Min: 2.99

Largest peers

FANG: 24.09
XOM: 17.06
CVX: 15.61
COP: 14.36
TTE: 8.76
SHEL: 8.60
PBR: 4.68

Where Diamondback Energy (FANG) stands on P/E ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Diamondback Energy (FANG) trades at 2.83 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

FANG

Energy industry group

2.83

Group distribution

Max: 5.40
Q3: 2.85
FANG: 2.83
Median: 1.69
Q1: 0.88
Min: 0.00

Largest peers

FANG: 2.83
COP: 2.34
CVX: 1.83
XOM: 1.74
TTE: 0.90
SHEL: 0.87
PBR: 0.22

Where Diamondback Energy (FANG) stands on P/S ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Diamondback Energy (FANG) trades at 1.28 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

FANG

Energy industry group

1.28

Group distribution

Max: 4.21
Q3: 2.38
Median: 1.51
FANG: 1.28
Q1: 1.08
Min: 0.01

Largest peers

XOM: 2.55
COP: 2.44
CVX: 2.13
TTE: 1.46
SHEL: 1.43
FANG: 1.28
PBR: 1.25

Where Diamondback Energy (FANG) stands on P/B ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Diamondback Energy (FANG) metric values compared with Energy industry-group medians
Metric	Current stock: FANG	Industry group median
P/E Ratio (TTM)	24.09	12.19
P/S Ratio (TTM)	2.83	1.69
P/B Ratio (MRQ)	1.28	1.51
Free Cash Flow Yield (TTM)	12.09%	5.94%