Diamondback Energy

Diamondback Energy, Inc.

Company type	Public
Traded as	Nasdaq: FANG Nasdaq-100 component S&P 500 component
ISIN	US25278X1090
Industry	Petroleum industry
Headquarters	Midland, Texas, U.S.
Key people	Travis D. Stice (chairman and CEO)
Products	Petroleum Natural gas Natural gas liquids
Production output	598 thousand barrels of oil equivalent (3,660,000 GJ) per day (2024)
Revenue	US$$11.07 billion (2024)
Operating income	US$4.396 billion (2024)
Net income	US$3.338 billion (2024)
Total assets	US$67.29 billion (2024)
Total equity	US$37.74 billion (2024)
Number of employees	1,983 (2024)
Website	diamondbackenergy.com
Footnotes / references [1]

Diamondback Energy, Inc. is an American company engaged in hydrocarbon exploration headquartered in Midland, Texas.

As of December 31, 2020, the company had 1,788 million barrels of oil equivalent (1.094×10¹⁰ GJ) of estimated proved reserves, of which 52% was petroleum, 24% was natural gas, and 24% was natural gas liquids. The company's reserves are all in the Permian Basin.^[1]

As of February 2024, it is ranked 400th on the Fortune 500.^[2][3]