FANG

Diamondback Energy

Halal Rating :
Comfortable
See Details
Last Price $176.53 Last updated:
Market Cap $31.53b
7D Change -2.94%
1 Year Change 15.76%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Mining
  • Petroleum And Natural Gas
  • Crude Petroleum & Natural Gas
Exchange Nasdaq
Next Earnings Date Nov. 4, 2024

Diamondback Energy, Inc. focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations in the Delaware basin. As of December 31, 2021, the company's acreage position was approximately 524,700 gross acres in the Permian Basin. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $2.65b $1.94b - - 0.00% 0.00%
June 30, 2024 $2.48b $1.03b - $-1000000.0 0.00% 0.10%
March 31, 2024 $2.23b $986.0m - $-6000000.0 0.00% 0.61%

Company Impact

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Justification for our Halal Rating

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Recent News & Updates