Earnings Forecast Research on Diamondback Energy, Inc. (FANG)

Diamondback Energy, Inc. has received $0.53 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 13 Financial Advisor in the Stock Trading Firms. Among 13 Analysts, Bottom line EPS Estimate for the current quarter is $0.31 while the top line estimate is $0.72 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -8.49%.

Diamondback Energy, Inc. reported better than expected with a surprise EPS of 54.29% or $0.19 during its most recent quarterly earnings. The Actual EPS was $0.54 compared to the Estimated EPS of $0.35.

Diamondback Energy, Inc. has a Price to Earnings ratio of 73.21 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.82. For the Most Recent Fiscal Year, Diamondback Energy, Inc. has a price to cash ratio of 21.72. For the Trailing twelve month period, company showed a Net Profit Margin of -82.83% and Return on Equity of the stock is 4.26%.

In the last quarter, Diamondback Energy, Inc. reported Annual Earnings of $0.54. Based on the filings, last years Annual Earnings was, $1.81. In the last Quarter, FANG reported a surprise Earnings per Share of 54.29% . The consensus estimate for current quarter is $0.53 and for the current fiscal year, the estimate is $1.4. For the Next fiscal year, the estimate is $3.29 based on the consensus.

Diamondback Energy, Inc. (NASDAQ:FANG) : On Tuesday heightened volatility was witnessed in Diamondback Energy, Inc. (NASDAQ:FANG) which led to swings in the share price. The stock opened for trading at $102.91 and hit $105.5 on the upside , eventually ending the session at $105.17, with a gain of 2.6% or 2.67 points. The heightened volatility saw the trading volume jump to 2,493,061 shares. The 52-week high of the share price is $113.23 and the company has a market cap of $9,480 million. The 52-week low of the share price is at $63.76 .

Diamondback Energy, Inc. is an 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 Companys activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. Diamondback Energy, Inc. is headquartered in Midland, Texas.


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