What does Diamondback Energy, Inc. do?
Diamondback Energy, Inc. is an independent oil and natural gas company focused on acquiring and developing unconventional reserves in the Permian Basin. As of March 2025, it reported net sales of $4.048 billion and a net profit of $1.485 billion, with a market cap of approximately $44.68 billion.
Overview:Diamondback Energy, Inc. is an independent oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin. The company operates within the oil industry and falls under the large-cap market category.Financial Snapshot:
Most recent Net Sales: 4,048 Million (Quarterly Results - Mar 2025)
Most recent Net Profit: 1,485 Million (Quarterly Results - Mar 2025)
Market-cap: USD 44,681.25 Million (Large Cap)
Key Metrics:
P/E: 10.00
Dividend Yield: 209.71%
Debt Equity: 0.31
Return on Equity: 11.09%
Price to Book: 1.16
Contact Details:
Address: 500 WEST TEXAS, SUITE 1200, MIDLAND TX: 79701
Tel: 1 405 4636900
Website: https://ir.diamondbackenergy.com/
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