Diamondback Energy dividend calculator – Diamondback Energy Declares 0.83 Cash Dividend

☀️Dividends Yield

On May 25th 2023, Diamondback Energy ($NASDAQ:FANG) Inc. declared a 0.83 cash dividend, marking the third consecutive year of dividend yield from this company. In the last three years, the company has issued a dividend per share amounting to 11.31, 8.96, and 1.75 USD respectively, yielding 8.49%, 6.88%, and 2.18% from 2021-2023, with an average yield of 5.85%. If you are looking for dividend stocks, DIAMONDBACK ENERGY might be a good option for you. Don’t forget to take note of the ex-dividend date for this stock, which is May 10th 2023.

Market Price

The stock opened the day at $130.4 and closed at $131.0, representing a 2.5% decrease from the previous day’s closing price of 134.4. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Diamondback Energy. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Diamondback Energy. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Diamondback Energy. More…

Key Ratios Snapshot

Some of the financial key ratios for Diamondback Energy are shown below. More…

Analysis – Diamondback Energy Stock Fair Value Calculator

At GoodWhale, we’ve conducted a thorough analysis of DIAMONDBACK ENERGY‘s financials. After careful consideration, our proprietary Valuation Line has concluded that the fair value of DIAMONDBACK ENERGY shares is around $127.6. However, the current market price of DIAMONDBACK ENERGY shares is $131.0. This means that the stock is being traded at a fair price that is overvalued by 2.7%. More…

Peers

The oil and gas industry is a highly competitive sector with many firms vying for market share. Among the top competitors in this industry are Diamondback Energy Inc, Pioneer Natural Resources Co, Hess Corp, and Continental Resources Inc. All of these companies are engaged in a fierce battle to gain an advantage over the others in terms of production, reserves, and market share. While each company has its own strengths and weaknesses, they all share one common goal: to be the leading firm in the oil and gas industry.

– Pioneer Natural Resources Co ($NYSE:PXD)

Pioneer Natural Resources Co is an oil and gas exploration and production company with operations in the United States, South Africa, and Trinidad and Tobago. The company has a market cap of 58.25B as of 2022 and a return on equity of 21.22%. Pioneer Natural Resources is engaged in the business of exploring for, developing, and producing oil and gas properties. The company was founded in 1997 and is headquartered in Irving, Texas.

– Hess Corp ($NYSE:HES)

Hess Corp is an American oil and gas company with a market cap of 38.67B as of 2022. The company has a Return on Equity of 29.47%. Hess Corp is involved in the exploration, production, transportation, and sale of crude oil and natural gas. The company also has refining and marketing operations.

– Continental Resources Inc ($NYSE:CLR)

Continental Resources, Inc. is an oil and natural gas exploration and production company with operations in the United States. The company has a market cap of $26.51 billion and a return on equity of 30.54%. Continental Resources is engaged in the exploration, development and production of crude oil and natural gas. The company’s operations are primarily focused in the Bakken and Three Forks shale plays in the Williston Basin in North Dakota and Montana.

Summary

DIAMONDBACK ENERGY has been paying out dividends for the last three years, amounting to 11.31, 8.96, and 1.75 USD respectively. These dividends have yielded an average of 5.85%, with 8.49%, 6.88% and 2.18% returns from 2021-2023. This makes DIAMONDBACK ENERGY an attractive option for investors looking for dividend stocks as part of their portfolio. The company’s dividend payouts are consistent and reliable, making it a sound investment choice.