Diamondback Energy, Inc. (FANG)
About Diamondback Energy, Inc.
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland sub-basin, with some of the lowest unit costs among its Permian peers.
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Financial summary
- Revenue FY2025
- $15.0B
- Net income
- $1.7B
- Total assets
- $71.1B
- Market cap
- $57.6B
Source: SEC EDGAR · updated Jun 7, 2026
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $57.6B
- Dividend yield
- 2.12%
- Shares outstanding
- 278.0M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 12, 2012
Diamondback Energy, Inc. (FANG) Stock Price
- Profitable — net income of $1.7B in FY2025.
- Trading near its 52-week high.
- Pays a dividend yielding about 2.12% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Diamondback Energy, Inc.: frequently asked questions
Is Diamondback Energy, Inc. an American company?
Yes — Diamondback Energy, Inc. is an American company. Diamondback Energy, Inc. is incorporated in Delaware, United States and headquartered in Midland, Texas. Its legal-entity record reports no foreign parent — the company is independently American-owned.
Where is Diamondback Energy, Inc. incorporated?
Diamondback Energy, Inc. is legally incorporated in Delaware, United States, according to its GLEIF legal-entity record.
Who owns Diamondback Energy, Inc.?
Diamondback Energy, Inc. reports no parent company in its legal-entity record — it is independently owned rather than a subsidiary.
Is Diamondback Energy, Inc. traded on a US stock exchange?
Yes — Diamondback Energy, Inc. trades under the ticker FANG on the NASDAQ.
Where is Diamondback Energy, Inc. headquartered?
Diamondback Energy, Inc. is headquartered in Midland, Texas, United States.
Is Diamondback Energy, Inc. publicly traded?
Yes — Diamondback Energy, Inc. is a publicly traded company. Its stock trades under the ticker symbol FANG on the NASDAQ.
What does Diamondback Energy, Inc. do?
Diamondback Energy, Inc. is an American Oil & Gas company in the Energy & Utilities sector.
