FANG (Diamondback Energy) 3-Year Book Growth Rate : 18.70% (As of Jun. 2024)

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What is Diamondback Energy 3-Year Book Growth Rate?

Diamondback Energy's Book Value per Share for the quarter that ended in Jun. 2024 was $97.81.

During the past 12 months, Diamondback Energy's average Book Value per Share Growth Rate was 12.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 18.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Diamondback Energy was 75.40% per year. The lowest was -6.50% per year. And the median was 28.85% per year.

Competitive Comparison of Diamondback Energy's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Diamondback Energy's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Diamondback Energy's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Diamondback Energy's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Diamondback Energy's 3-Year Book Growth Rate falls into.

Diamondback Energy 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Diamondback Energy (NAS:FANG) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Diamondback Energy 3-Year Book Growth Rate Related Terms

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Diamondback Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamondback Energy Inc (NAS:FANG) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

FANG:Mexico 7DB:Germany F1AN34:Brazil FANG:Austria

Address

500 West Texas Avenue, Suite 1200, Midland, TX, USA, 79701

Website

https://www.diamondbackenergy.com

Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.

Executives

Teresa L. Dick	officer: CFO, Exec. VP, Assist. Sec.	500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
Van't Hof Matthew Kaes	officer: Sr. VP - Strategy & Corp Dev	500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701
Daniel N Wesson	officer: Exec. VP - Operations	500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
Matt Zmigrosky	officer: Exec. VP and General Counsel	500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
Travis D. Stice	director, officer: Chief Executive Officer	500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
David L Houston	director	14313 NORTH MAY AVENUE, OKLAHOMA CITY OK 73134
Steven E West	director	411 WEST PUTNAM AVE., SUITE 125, GREENWICH CT 06830
Frank D. Tsuru	director	500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
Rebecca A Klein	director	1411 E MISSION AVE, SPOKANE WA 99202
Jennifer Soliman	officer: Sr. VP and Chief HR Officer	500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701
Russell Pantermuehl	officer: Exec. VP Reservoir Engineering	500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
Michael P Cross	director	515 CENTRAL PARK, OKLAHOMA CITY OK 73101
Thomas F. Hawkins	officer: Sr. VP - Land	500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701
Stephanie K. Mains	director	C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Vincent K Brooks	director	900 POLO CLUB DRIVE, AUSTIN TX 78737