About Diamondback Energy
Diamondback Energy is a company based in Midland (United States) founded in 2007.. The company has 1,980 employees as of December 31, 2024. Diamondback Energy has completed 6 acquisitions, including Ajax Resources, Endeavor Energy Resources and Energen. Diamondback Energy offers products and services including Oil and Natural Gas Reserves and Sustainability Practices.
- Headquarter Midland, United States
- Employees 1980 as on 31 Dec, 2024
- Stage Public
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
- Legal Name Diamondback Energy, Inc.
-
Annual Revenue
$11.07 B31.55as on Dec 31, 2024
-
Net Profit
$3.32 B6.28as on Dec 31, 2024
-
EBITDA
$7.55 B19.31as on Dec 31, 2024
-
Latest Funding Round
-
Investors
-
Employee Count
1980
as on Dec 31, 2024
-
Investments & Acquisitions
Ajax Resources
& 5 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Diamondback Energy
Diamondback Energy is a publicly listed company on the NASDAQ with ticker symbol FANG in USA, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Diamondback Energy
Diamondback Energy offers a comprehensive portfolio of products and services, including Oil and Natural Gas Reserves and Sustainability Practices. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Development and exploitation of unconventional reserves are undertaken in the Permian Basin.
Responsible development of resources is emphasized to protect the environment and communities.
Unlock access to complete
Unlock access to complete
Software Development Team
28 people
Leadership Team
26 people
Product Management Team
25 people
Senior Team
22 people
Finance and Accounting
18 people
Legal and Compliance
13 people
Sales and Marketing
12 people
Lease Team
6 people
Unlock access to complete
Funding Insights of Diamondback Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Diamondback Energy
Diamondback Energy has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Ajax Resources, Endeavor Energy Resources and Energen. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Oil and gas production is managed by FireBird Energy.
|
2019 | ||||
|
Integrated midstream operations in oil and gas are conducted.
|
2018 | ||||
|
Oil and gas exploration & production company
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Diamondback Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Diamondback Energy Comparisons
Competitors of Diamondback Energy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Diamondback Energy
Frequently Asked Questions about Diamondback Energy
When was Diamondback Energy founded?
Diamondback Energy was founded in 2007.
Where is Diamondback Energy located?
Diamondback Energy is headquartered in Midland, United States. It is registered at Midland, Texas, United States.
How many employees does Diamondback Energy have?
As of Dec 31, 2024, the latest employee count at Diamondback Energy is 1,980.
What is the annual revenue of Diamondback Energy?
Annual revenue of Diamondback Energy is $11.07B as on Dec 31, 2024.
What does Diamondback Energy do?
Diamondback Energy was founded in 2007 and is headquartered in Midland, United States. Focus is placed on the independent oil and gas sector, with operations involving the acquisition, development, exploration, and exploitation of unconventional, long-life onshore reserves in the Permian Basin of West Texas. Annual revenues of 9.16 billion and net profit of 4.28 billion were reported for 2022.
What products or services does Diamondback Energy offer?
Diamondback Energy offers Oil and Natural Gas Reserves and Sustainability Practices.
Is Diamondback Energy publicly traded?
Yes, Diamondback Energy is publicly traded on NASDAQ under the ticker symbol FANG.
How many acquisitions has Diamondback Energy made?
Diamondback Energy has made 6 acquisitions, including Ajax Resources, Endeavor Energy Resources, and Energen.
What is Diamondback Energy's ticker symbol?
The ticker symbol of Diamondback Energy is FANG on NASDAQ.