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Diamondback Energy Inc
FANGDiamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns, operates, develops, and acquires midstream infrastructure assets, including 770 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas. Address: 500 West Texas Avenue, Midland, TX, United States, 79701
Analytics
WallStreet Target Price
186.36 USDP/E ratio
8.7504Dividend Yield
4.46 %Current Year
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Key Figures FANG
Dividend Analytics FANG
Dividend growth over 5 years
–Continuous growth
–Payout Ratio 5 years average
32 %Dividend History FANG
Stock Valuation FANG
Financials FANG
Results | 2019 | Dynamics |