Diamondback EnergyFANG
NASDAQOil & Gas Exploration
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Key Stats
1,762 employees281.31M shares outstandinglisted 2012-10-12dividend yield 2.10%
Next earnings ~May 5, 2026 · Ex-dividend Mar 5, 2026 · Dividend $1.05 quarterly
About Diamondback Energy
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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