Diamondback Energy, Inc.
FANGEnergyNASDAQOil & Gas E&P
Scan Results
Daily timeframeHeadquartered within the energy sector, Diamondback Energy, Inc. focuses on Oil & Gas E&P services and products. Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West. Valued at $55.79B, FANG is a large-cap name in its sector. 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
$55.79B
Beta
0.41
P/E (TTM)
38.61
P/E (Fwd)
11.02
EPS (TTM)
$5.16
EPS (Fwd)
$18.08
ROE
3.5%
ROA
1.3%
Cash
$462.0M
Total Debt
$12.61B
Free CF
$5.04B
52W Change
47.8%
Annual Financials
Cash vs Debt
Where FANG stands vs its 150-day and 200-day moving averages
As of the August 31, 2026 close, FANG finished 5.44% above its 150-day moving average ($187.47) and 11.28% above its 200-day moving average ($177.63). 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 August 31, 2026 close, FANG's RSI(14) was 49.7, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish 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.
The relatively low beta of 0.41 suggests FANG is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FANG.