FANGDiamondback Energy, Inc.
Crude Petroleum & Natural Gas
- Revenue
- $15.0B
- 36% YoY
- Operating margin
- 8.4%
- 79% YoY
- EBITDA
- $6.3B
- 13% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.9×
- $12.2B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear566% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear24% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $6.7B | $9.6B | $8.4B | $11.1B | $15.0B | 36% |
| Operating income | $4.0B | $6.5B | $4.6B | $4.4B | $1.3B | 71% |
| Net income | $2.3B | $4.6B | $3.3B | $3.7B | $1.5B | 58% |
| Operating cash flow | $3.9B | $6.3B | $5.9B | $6.4B | $8.8B | 37% |
| Stock-based comp | $51M | $55M | $54M | $65M | — | |
| Buybacks | $431M | $1.1B | $840M | $959M | — | |
| Dividends | $312M | $1.6B | $1.4B | $1.6B | $1.2B | 27% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $3.8B · 8
- Net
- −$3.8B
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 384 | 270 |
| FY2024 | — | — | 407 | 284 |
| FY2023 | — | — | 369 | 313 |
| FY2022 | — | — | 308 | 323 |
| FY2021 | — | — | 227 | 189 |