Diamondback Energy, Inc. (FANG) is a Energy stock trading at $183.51 (as of 2026-06-18), with a market capitalization of $55.96B and a trailing P/E of 192.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Diamondback Energy, Inc. is an independent oil and natural gas producer focused on acquiring, developing, exploring, and exploiting unconventional onshore resources in the Permian Basin. It concentrates on multiple Permian formations, holds acreage and working and royalty interests, and also owns and operates midstream gathering pipelines and an integrated water system in the Midland and Delaware basins.