Diamondback Energy
Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Post IPO Debt | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 142 % | 41 % | (13 %) | 32 % | 31 % | (2 %) | 6 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 79 % | 82 % | 77 % | 71 % | 70 % | 71 % | 72 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 32 % | 46 % | 38 % | 30 % | 27 % | 25 % | 29 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
An independent oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.
The company's development and exploration are focused on the Spraberry and Wolfcamp formations of the Midland Basin, and the Wolfcamp and Bone Spring formations of the Delaware Basin, all of which are part of the larger Permian Basin.
Diamondback Energy also owns and operates midstream infrastructure, including crude oil and natural gas gathering systems, through its subsidiary Rattler Midstream Operating LLC. This subsidiary provides services to Diamondback and third-party customers.
The business model is centered on the efficient extraction of oil and gas from its reserves, leveraging its midstream assets to control the transportation and logistics of its products. The company generates revenue through the sale of crude oil and natural gas.
Keywords: oil, natural gas, Permian Basin, exploration, exploitation, midstream, energy, crude oil, onshore, reserves
Tech stack
Investments by Diamondback Energy
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