Detail akcie Diamondback Energy Inc, Ordinary, NASDAQ Stock Exchange Global Select Market online

Business Summary: Diamondback Energy, Inc., together with its subsidiaries, is an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. The Company's activities are primarily directed at the horizontal development of the Wolfcamp and Spraberry formations in the Midland Basin and the Wolfcamp and Bone Spring formations in the Delaware Basin, both of which are part of the larger Permian Basin in West Texas and New Mexico. Additionally, its subsidiary, Viper Energy, Inc., owns oil and natural gas properties primarily in the Permian Basin. Its total acreage position in the Permian Basin consists of approximately 7,77,181 net acres in the Midland Basin and approximately 123,218 net acres in the Delaware Basin. The Company's subsidiaries include Rattler Midstream GP LLC, Rattler Midstream LP, and QEP Resources, Inc.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Diamondback Energy Inc revenues increased 32% to $11.07B. Net income applicable to common stockholders increased 6% to $3.32B. Revenues reflect Crude Oil Production increase of 38% to 104.9M barrels, Oil Equivalent Production (Units/day) increase of 34% to 598K barrels per day, Oil sales increase of 25% to $9.07B, Sales of purchased oil increase from $111M to $923M.