Diamondback Energy (FANG) Interest Coverage Ratio: History & Chart

Diamondback Energy, Inc.(FANG)

Oil & Gas Exploration & Production · Midland, TX

$186.67-2.34 (-1.24%)

Delayed quote: Sep 25, 2026, 4:00 PM EDT

About Diamondback Energy, Inc.

Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.

Midland, TX

1,762 employees

www.diamondbackenergy.com

Energy / Oil & Gas Exploration & Production

Sector: Energy
Industry: Oil & Gas Exploration & Production
CEO: Matthew Kaes Van't Hof

View full financials

FANG Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

20.16x

INTEREST COVERAGE RATIO AVG TTM

19.17x

INTEREST COVERAGE RATIO AVG 3Y

27.91x

INTEREST COVERAGE RATIO AVG 5Y

30.05x

INTEREST COVERAGE RATIO AVG 10Y

17.82x

INTEREST COVERAGE RATIO AVG 15Y

13.26x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+5.17%

CURRENT VS 3Y AVG

-27.76%

CURRENT VS 5Y AVG

-32.92%

CURRENT VS 10Y AVG

+13.13%

CURRENT VS 15Y AVG

+51.99%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · ENERGY

6.56x

median of 48 covered companies

CURRENT VS SECTOR MEDIAN

+207.08%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Diamondback Energy, Inc. (FANG)	$52.51B	20.16x	19.17x	27.91x	30.05x
Devon Energy Corporation (DVN)vs ›	$51.76B	7.55x	8.99x	13.60x	12.68x
ONEOK, Inc. (OKE)vs ›	$55.85B	3.91x	3.82x	4.29x	4.06x
Occidental Petroleum Corporation (OXY)vs ›	$56.55B	4.14x	4.61x	7.25x	6.38x
Baker Hughes Company (BKR)vs ›	$57.41B	16.02x	16.55x	13.20x	9.96x
MPLX Lp (MPLX)vs ›	$57.64B	4.84x	5.29x	5.30x	4.33x
Targa Resources Corp. (TRGP)vs ›	$59.64B	4.04x	3.94x	4.16x	4.09x
TC Energy Corporation (TRP)vs ›	$61.19B	1.98x	2.13x	2.30x	2.45x
Cameco Corporation (CCJ)vs ›	$38.36B	7.80x	6.20x	4.09x	4.09x
Kinder Morgan, Inc. (KMI)vs ›	$68.47B	2.67x	2.51x	2.55x	2.63x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Diamondback Energy, Inc. (FANG)

$52.51B

20.16x

19.17x

27.91x

30.05x

Devon Energy Corporation (DVN)vs ›

$51.76B

7.55x

8.99x

13.60x

12.68x

ONEOK, Inc. (OKE)vs ›

$55.85B

3.91x

3.82x

4.29x

4.06x

Occidental Petroleum Corporation (OXY)vs ›

$56.55B

4.14x

4.61x

7.25x

6.38x

Baker Hughes Company (BKR)vs ›

$57.41B

16.02x

16.55x

13.20x

9.96x

MPLX Lp (MPLX)vs ›

$57.64B

4.84x

5.29x

5.30x

4.33x

Targa Resources Corp. (TRGP)vs ›

$59.64B

4.04x

3.94x

4.16x

4.09x

TC Energy Corporation (TRP)vs ›

$61.19B

1.98x

2.13x

2.30x

2.45x

Cameco Corporation (CCJ)vs ›

$38.36B

7.80x

6.20x

4.09x

Kinder Morgan, Inc. (KMI)vs ›

$68.47B

2.67x

2.51x

2.55x

2.63x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Diamondback Energy, Inc. (FANG)?

The interest coverage ratio for FANG stock is 20.16x.

Is Diamondback Energy, Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 20.16x is 33% below its 5-year average of 30.05x, around the middle of its 5-year range (1.84x–50.72x).

What is the TTM average interest coverage ratio for Diamondback Energy, Inc. (FANG)?

The TTM average interest coverage ratio for FANG stock is 19.17x.

What is the 3Y average interest coverage ratio for Diamondback Energy, Inc. (FANG)?

The 3Y average interest coverage ratio for FANG stock is 27.91x.

What is the 5Y average interest coverage ratio for Diamondback Energy, Inc. (FANG)?

The 5Y average interest coverage ratio for FANG stock is 30.05x.

What is the 10Y average interest coverage ratio for Diamondback Energy, Inc. (FANG)?

The 10Y average interest coverage ratio for FANG stock is 17.82x.

What is the 15Y average interest coverage ratio for Diamondback Energy, Inc. (FANG)?

The 15Y average interest coverage ratio for FANG stock is 13.26x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	44.86x
2026-03-31	1.84x
2025-12-31	11.15x
2025-09-30	17.66x
2025-06-30	20.34x
2025-03-31	41.83x
2024-12-31	41.53x
2024-09-30	39.44x
2024-06-30	26.27x
2024-03-31	28.67x
2023-12-31	32.57x
2023-09-30	36.22x
2023-06-30	20.41x
2023-03-31	22.28x
2022-12-31	33.95x
2022-09-30	37.53x
2022-06-30	50.72x
2022-03-31	41.50x
2021-12-31	45.21x
2021-09-30	20.42x
2021-06-30	16.75x
2021-03-31	10.20x
2020-12-31	-14.92x
2020-09-30	-23.70x
2020-06-30	-58.09x
2020-03-31	-16.71x
2019-12-31	-9.85x
2019-09-30	9.18x
2019-06-30	8.39x
2019-03-31	6.93x
2018-12-31	5.14x
2018-09-30	14.11x
2018-06-30	17.56x
2018-03-31	19.07x
2017-12-31	19.62x
2017-09-30	15.52x
2017-06-30	16.05x
2017-03-31	9.52x
2016-12-31	8.36x
2016-09-30	0.65x
2016-06-30	-13.45x
2016-03-31	-2.76x
2015-12-31	-18.58x
2015-09-30	-23.96x
2015-06-30	-29.11x
2015-03-31	0.14x
2014-12-31	3.64x
2014-09-30	6.45x
2014-06-30	8.17x
2014-03-31	7.39x
2013-12-31	7.65x
2013-09-30	27.02x
2013-06-30	36.23x
2013-03-31	17.86x
2012-12-31	5.70x
2012-09-30	3.62x
2012-06-30	3.67x
2012-03-31	7.65x
2011-12-31	6.64x
2011-09-30	3.92x
2011-06-30	6.80x
2011-03-31	6.77x
2010-12-31	0.27x

DATE

INTEREST COVERAGE RATIO

2026-06-30

44.86x

2026-03-31

1.84x

2025-12-31

11.15x

2025-09-30

17.66x

2025-06-30

20.34x

2025-03-31

41.83x

2024-12-31

41.53x

2024-09-30

39.44x

2024-06-30

26.27x

2024-03-31

28.67x

2023-12-31

32.57x

2023-09-30

36.22x

2023-06-30

20.41x

2023-03-31

22.28x

2022-12-31

33.95x

2022-09-30

37.53x

2022-06-30

50.72x

2022-03-31

41.50x

2021-12-31

45.21x

2021-09-30

20.42x

2021-06-30

16.75x

2021-03-31

10.20x

2020-12-31

-14.92x

2020-09-30

-23.70x

2020-06-30

-58.09x

2020-03-31

-16.71x

2019-12-31

-9.85x

2019-09-30

9.18x

2019-06-30

8.39x

2019-03-31

6.93x

2018-12-31

5.14x

2018-09-30

14.11x

2018-06-30

17.56x

2018-03-31

19.07x

2017-12-31

19.62x

2017-09-30

15.52x

2017-06-30

16.05x

2017-03-31

9.52x

2016-12-31

8.36x

2016-09-30

0.65x

2016-06-30

-13.45x

2016-03-31

-2.76x

2015-12-31

-18.58x

2015-09-30

-23.96x

2015-06-30

-29.11x

2015-03-31

0.14x

2014-12-31

3.64x

2014-09-30

6.45x

2014-06-30

8.17x

2014-03-31

7.39x

2013-12-31

7.65x

2013-09-30

27.02x

2013-06-30

36.23x

2013-03-31

17.86x

2012-12-31

5.70x

2012-09-30

3.62x

2012-06-30

3.67x

2012-03-31

7.65x

2011-12-31

6.64x

2011-09-30

3.92x

2011-06-30

6.80x

2011-03-31

6.77x

2010-12-31

0.27x

Interest Coverage Ratio: 20.16x

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