Diamondback Energy (FANG) PEG Ratio: History & Chart

Diamondback Energy, Inc. (FANG)FANGDiamondback Energy, Inc.

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

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FANG PEG Ratio Metrics

PEG RATIO

1.55

PEG RATIO AVG TTM

N/A

PEG RATIO AVG 3Y

0.03

PEG RATIO AVG 5Y

0.08

PEG RATIO AVG 10Y

0.16

PEG RATIO AVG 15Y

N/A

PEG RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

N/A

CURRENT VS 3Y AVG

+5066.67%

CURRENT VS 5Y AVG

+1837.50%

CURRENT VS 10Y AVG

+868.75%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · ENERGY

0.99

median of 28 covered companies

CURRENT VS SECTOR MEDIAN

+55.78%

vs the sector median at left

NAME	MARKET CAP	PEG RATIO	TTM	3Y	5Y
Diamondback Energy, Inc. (FANG)	$56.55B	1.55	N/A	0.03	0.08
Targa Resources Corp. (TRGP)vs ›	$57.49B	0.45	0.50	0.50	2.83
ONEOK, Inc. (OKE)vs ›	$58.07B	2.93	2.93	1.47	1.13
Occidental Petroleum Corporation (OXY)vs ›	$58.17B	N/A	0.01	0.15	0.11
Baker Hughes Company (BKR)vs ›	$64.14B	0.42	0.25	0.58	0.39
Cameco Corporation (CCJ)vs ›	$43.38B	0.39	0.39	0.32	0.47
Kinder Morgan, Inc. (KMI)vs ›	$70.69B	1.17	1.71	1.27	0.95
Energy Transfer LP (ET)vs ›	$71.95B	2.23	1.55	1.55	1.11
Suncor Energy Inc. (SU)vs ›	$75.37B	4.56	4.56	2.30	1.55
EOG Resources, Inc. (EOG)vs ›	$76.06B	0.96	0.15	0.27	0.33

NAME

MARKET CAP

PEG RATIO

TTM

Diamondback Energy, Inc. (FANG)

$56.55B

1.55

N/A

0.03

0.08

Targa Resources Corp. (TRGP)vs ›

$57.49B

0.45

0.50

2.83

ONEOK, Inc. (OKE)vs ›

$58.07B

2.93

1.47

1.13

Occidental Petroleum Corporation (OXY)vs ›

$58.17B

N/A

0.01

0.15

0.11

Baker Hughes Company (BKR)vs ›

$64.14B

0.42

0.25

0.58

0.39

Cameco Corporation (CCJ)vs ›

$43.38B

0.39

0.32

0.47

Kinder Morgan, Inc. (KMI)vs ›

$70.69B

1.17

1.71

1.27

0.95

Energy Transfer LP (ET)vs ›

$71.95B

2.23

1.55

1.11

Suncor Energy Inc. (SU)vs ›

$75.37B

4.56

2.30

1.55

EOG Resources, Inc. (EOG)vs ›

$76.06B

0.96

0.15

0.27

0.33

PEG Ratio FAQ

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

The PEG ratio for FANG stock is 1.55.

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

The PEG ratio of 1.55 is 1838% above its 4-year average of 0.08, near the high end of its 4-year range (0.00–1.55).

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

The 3Y average PEG ratio for FANG stock is 0.03.

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

The 5Y average PEG ratio for FANG stock is 0.08.

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

The 10Y average PEG ratio for FANG stock is 0.16.

DATE	PEG RATIO
2022-12-31	0.06
2020-12-31	0.00
2018-12-31	0.18
2016-12-31	0.61
2015-12-31	0.02
2014-12-31	0.09
2011-12-31	6.81

DATE

PEG RATIO

2022-12-31

0.06

2020-12-31

0.00

2018-12-31

0.18

2016-12-31

0.61

2015-12-31

0.02

2014-12-31

0.09

2011-12-31

6.81

PEG Ratio: 1.55

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