Diamondback Energy

Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

Launch date

Dec 2007

Employees

501-1000 people

Market cap

Enterprise valuation

€51.0b (Public information from Sep 2024)

Midland Texas (HQ)

https://www.diamondbackenergy.com/

https://www.linkedin.com/company/diamondback-energy-services

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	2.8b	6.8b	9.6b	8.3b	9.1b	15.7b	15.3b
% growth	(29 %)	142 %	41 %	(13 %)	10 %	72 %	(2 %)
EBITDA	1.9b	5.3b	7.9b	6.4b	6.6b	11.8b	11.6b
% EBITDA margin	66 %	79 %	82 %	77 %	72 %	75 %	76 %
Profit	(4.5b)	2.2b	4.4b	3.1b	3.3b	5.9b	6.0b
% profit margin	(161 %)	32 %	46 %	38 %	36 %	38 %	39 %
EV / revenue	4.8x	3.8x	3.2x	4.1x	4.3x	2.8x	2.7x
EV / EBITDA	7.2x	4.8x	3.9x	5.3x	5.9x	3.7x	3.5x