Diamondback Energy, Inc.
Close on Oct 19, 2026
- Market cap
- $57.12B
- P/E (TTM)
- 39.4
- Dividend yield
- 1.97%
About Diamondback Energy
Crude Petroleum & Natural Gas, SIC 1311
Diamondback Energy, Inc. is an independent oil and natural gas company focused on the exploration, development, acquisition, and exploitation of unconventional onshore reserves. The company operates through its upstream exploration and production segment, producing crude oil, natural gas, and natural gas liquids. In addition to primary development operations, it maintains interests in mineral and royalty assets via Viper Energy, alongside associated midstream infrastructure. Diamondback markets and sells its hydrocarbon production to commercial trading entities and energy purchasers, including Vitol, Shell Trading, Medallion Midstream, and Enterprise Crude Oil.
The company concentrates its oil and gas operations in the Permian Basin, holding extensive acreage and development locations across both the Midland Basin and the Delaware Basin in West Texas. Diamondback conducts its business and operational leadership from its headquarters located in Midland, Texas.
Summary of the business section of Diamondback Energy's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Diamondback Energy, Inc.
- Founded
- 2007
- Headquarters
- Midland, TX
- Address
- 500 West Texas Avenue, Suite 100 79701
- Phone
- (432) 221-7400
- Website
- www.diamondbackenergy.com
- Employees
- 1,983, Dec 31, 2024
- Industry
- Crude Petroleum & Natural Gas
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Oklahoma City, Oklahoma
Stock & identifiers
- Ticker
- FANG
- Exchange
- Nasdaq
- IPO date
- Oct 15, 2012
- Shares outstanding
- 280M, Jul 31, 2026
- Public float
- $25.80B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1539838
- CUSIP
- 25278X109
- ISIN
- US25278X1090
- LEI
- 549300R22LSX6OHWEN64
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Hof Matthew Kaes Van't | Chief Executive Officer, Director | 116,440 |
| Matt Zmigrosky | EVP, Chief Legal and Admin Off | 36,705 |
| Teresa L. Dick | EVP Accounting, Assist. Sec. | 75,755 |
| Albert Barkmann | Exec. VP and Chief Engineer | 23,889 |
| Daniel N. Wesson | Exec. VP & COO | 70,789 |
| Jere W. Thompson III | CFO, Executive VP | 18,475 |
| Chad McAllaster | EVP-Operations | 6,410 |
| Charles Alvin Meloy | Director | 821,454 |
| Travis D. Stice | Director | 355,041 |
| Mark Lawrence Plaumann | Director | 20,125 |
| Melanie Montague Trent | Director | 15,039 |
| Frank D. Tsuru | Director | 8,129 |
| Lance W. Robertson | Director | 9,999 |
| Rebecca A. Klein | Director | 6,129 |
| Steven E. West | Director | 5,466 |
| Robert K. Reeves | Director | 6,066 |
| Stephanie K. Mains | Director | 11,635 |
| Darin G. Holderness | Director | 2,798 |
| Vincent K. Brooks | Director | 19,836 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Kaes Vant Hof | $14.93M | $12.58M | $5.70M | $384 | $270 |
| FY2025 Travis DStice | $20.50M | $16.58M | $5.70M | $384 | $270 |
| FY2024 | $21.32M | $29.12M | $7.50M | $407 | $284 |
| FY2024 Kaes Vant Hof | $0 | $0 | $7.50M | $407 | $284 |
| FY2024 Travis DStice | $21.32M | $29.12M | $7.50M | $407 | $284 |
| FY2023 | $17.58M | $34.31M | $5.74M | $369 | $313 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2024, we had 1,983 full time employees.”
Corporate history
Events identified from SEC filings