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Last €71.48 EUR
Change Today -1.10 / -1.51%
Volume 0.0
7DB On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:20 AM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

diamondback energy inc (7DB) Snapshot

Open
€71.40
Previous Close
€72.58
Day High
€71.77
Day Low
€69.63
52 Week High
04/20/15 - €78.53
52 Week Low
12/15/14 - €41.30
Market Cap
4.2B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
59.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for DIAMONDBACK ENERGY INC (7DB)

diamondback energy inc (7DB) Related Businessweek News

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diamondback energy inc (7DB) Details

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. Its activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. As of December 31, 2014, the company acquired net acreage position of approximately 85,369 acres in the Permian Basin; and estimated proved oil and natural gas reserves were 112,832 thousand barrels of crude oil equivalent, as well as owned interests in 596 net productive wells. It also owns mineral interests underlying approximately 24,528 gross acres in the Permian Basin. The company was founded in 2007 and is headquartered in Midland, Texas.

114 Employees
Last Reported Date: 02/20/15
Founded in 2007

diamondback energy inc (7DB) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $717.2K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $295.0K
Vice President of Operations
Total Annual Compensation: $700.5K
Vice President of Business Development and La...
Total Annual Compensation: $267.5K
Vice President of Reservoir Engineering
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2014.

diamondback energy inc (7DB) Key Developments

Diamondback Energy, Inc. Presents at GHS 1x1 Series Boston E&P Day, Mar-11-2015

Diamondback Energy, Inc. Presents at GHS 1x1 Series Boston E&P Day, Mar-11-2015 .

Diamondback Energy, Inc. Reports Unaudited Consolidated Earnings and Production Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Production and Interest Expenses Guidance for the Year 2015

Diamondback Energy, Inc. reported unaudited consolidated earnings and production results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenues of $131,583,000 against $75,908,000 a year ago. Income from operations was $37,899,000 against $37,726,000 a year ago. Income before income taxes was $156,160,000 against $31,815,000 a year ago. Net income attributable to the company was $98,674,000 or $1.73 per diluted share against $20,124,000 or $0.42 per diluted share a year ago. Adjusted EBITDA was $111,690,000 against $60,166,000 a year ago. Adjusted net income was $27,340,000 or $0.48 per diluted share against $19,104,000 or $0.40 per diluted share a year ago. Net cash provided by operating activities was $104,394,000 against $41,849,000 a year ago. For the year, the company reported revenues of $495,718,000 against $208,002,000 a year ago. Income from operations was $212,670,000 against $95,194,000 a year ago. Income before income taxes was $304,956,000 against $86,341,000 a year ago. Net income attributable to the company was $193,755,000 or $3.64 per diluted share against $54,587,000 or $1.29 per diluted share a year ago. Adjusted EBITDA was $402,650,000 against $157,604,000 a year ago. Adjusted net income was $119,395,000 or $2.24 per diluted share against $51,207,000 or $1.21 per diluted share a year ago. Net cash provided by operating activities was $356,389,000 against $155,777,000 a year ago. During 2014, capital spent for drilling, completion and infrastructure was approximately $486.9 million. Additionally, the Company spent $903.5 million on leasehold and mineral acquisitions. For the quarter, the company reported oil production of 1,785 MBbl against 760 MBbl a year ago. Natural gas was 1,447 MMcf against 525 MMcf a year ago. Natural gas liquids were 341 MBbls against 112 MBbls a year ago. Oil equivalents was 2,367 MBOE against 959 MBOE a year ago. For the year, the company reported oil production of 5,382 MBbl against 2,023 MBbl a year ago. Natural gas was 4,346 MMcf against 1,730 MMcf a year ago. Natural gas liquids were 1,002 MBbls against 361 MBbls a year ago. Oil equivalents was 7,108 MBOE against 2,672 MBOE a year ago. For the year 2015, the company expects total net production to be 26.0 MBoe/d to 28.0 MBoe/d. Production and Ad Valorem taxes to be 7.1%. Capital spend is expected to be in the range of $400 million to $450 million. Interest expenses to be in the range of $40.0 million to $50.0 million. Depreciation, depletion and amortization expense ("DD&A") is expected to range from $20.00 to $22.00 per boe.

Diamondback Energy, Inc. to Report Q4, 2014 Results on Feb 17, 2015

Diamondback Energy, Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Feb 17, 2015

 

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Industry Analysis

7DB

Industry Average

Valuation 7DB Industry Range
Price/Earnings 22.8x
Price/Sales 9.5x
Price/Book 2.7x
Price/Cash Flow 13.5x
TEV/Sales 8.0x
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