Diamondback Energy, Inc.
FANGEnergyNASDAQOil & Gas E&P · Last scanned Oct 26, 2026
Scan Results
Daily timeframePart of the energy sector, Diamondback Energy, Inc. (FANG) is listed under Oil & Gas E&P. With a market capitalization of $57.88B, it sits in large-cap territory. The company primarily 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, both of which are part of the Permian Basin in West Texas and New Mexico.
Market Cap
$57.88B
Beta
0.54
P/E (TTM)
39.19
P/E (Fwd)
10.97
EPS (TTM)
$5.25
EPS (Fwd)
$18.75
ROE
3.5%
ROA
1.3%
Cash
$462.0M
Total Debt
$12.61B
Free CF
$5.04B
52W Change
42.5%
Annual Financials
Cash vs Debt
Where FANG stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, FANG finished 4.90% above its 150-day moving average ($193.63) and 9.39% above its 200-day moving average ($185.68). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FANG overbought or oversold?
At the October 20, 2026 close, FANG's RSI(14) was 81.6, in overbought territory (above 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $462.0M in cash, though total debt stands at $12.61B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $5.04B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 3.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.3% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $9.57B (2022) to $14.93B (2025), reflecting a 56% increase over the period.
With a beta below 0.7, Diamondback Energy, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Diamondback Energy, Inc.'s trajectory.