Diamondback Energy, Inc. (FANG) Stock Score, Valuation & Financial Research

Diamondback Energy, Inc. is in the Energy sector and Oil & Gas Exploration & Production industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 39/100.

Quick answer for FANG

Diamondback Energy, Inc. currently has a Wall Street Score of 39/100. The stored market price is $204.97. Its financial score is 41/100. Its valuation score is 4/100. The latest WSS change is +0.2 points. These figures are a research snapshot, not a buy or sell recommendation.

What Diamondback Energy, Inc. does

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 gro

FANG financial snapshot

Wall Street Score:
39/100
Current price:
$204.97
Market capitalization:
$57.66B
Revenue:
$17.10B
Net income:
$1.59B
Free cash flow:
$5.24B
Cash:
$462.0M
Total debt:
$12.61B
EPS:
5.12
P/E ratio:
40.0x
Financial score:
41/100
Valuation score:
4/100
Revenue score:
43/100

What stands out

  • Reported year-over-year revenue growth is +0.1%.
  • Free cash flow is $5.24B, showing positive cash generation.
  • The balance sheet shows $462.0M of cash versus $12.61B of total debt, so leverage deserves attention.
  • The latest Wall Street Score change is +0.2 points: FANG increased 0.2 points because overall fundamentals improved.

What the numbers mean

Its current valuation score is 4/100, which Wall Street Score classifies as weak within the model's valuation framework.

The financial score is 41/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-09-08.

How to research FANG

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.