How to buy Diamondback Energy (FANG) shares in Australia

Learn how to easily invest in Diamondback Energy shares.

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Diamondback Energy Inc (FANG) is a leading oil & gas e&p business with stocks listed in the US. It opened the day at US$102 after a previous close of US$103. During the day the price has varied from a low of USD99.52 to a high of USD107.13. The latest price was USD106 (25 minute delay). Diamondback Energy is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in Diamondback Energy

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Diamondback Energy. Find the share by name or ticker symbol: FANG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Diamondback Energy reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$103, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Diamondback Energy, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Diamondback Energy. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Diamondback Energy stock price (NASDAQ:FANG)

Use our graph to track the performance of FANG stocks over time.

Diamondback Energy shares at a glance

Information last updated 2021-12-02.
OpenUS$102
HighUS$107.13
LowUS$99.52
CloseUS$106
Previous closeUS$103
Change US$3
Change % 2.9126%
Volume 1,739,324
Information last updated 2021-11-28.
52-week rangeUS$38.4917 - US$117.2014
50-day moving average US$104.9004
200-day moving average US$85.8676
Target priceUS$132.5
PE ratio 41.968
Dividend yield US$1.75 (1.53%)
Earnings per share (TTM) US$2.561

Where to buy Diamondback Energy stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
US$19.95
0.60%
ASX shares, Global shares, Options trading, ETFs
Trade with Australia's largest online stockbroking firm.
Enjoy fast, simple and affordable trades, with market leading research and broker recommendations all in one platform
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Diamondback Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Diamondback Energy share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Diamondback Energy shares?

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Diamondback Energy price performance over time

Historical closes compared with the last close of $106

1 week (2021-11-24) -7.18%
1 month (2021-11-02) -7.38%
3 months (2021-09-02) 38.44%
1 year (2020-12-02) 161.60%
2 years (2019-12-02) 36.11%
3 years (2018-11-30) -3.97%
5 years (2016-12-02) -1.98%

Is Diamondback Energy under- or over-valued?

Valuing Diamondback Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Diamondback Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Diamondback Energy's P/E ratio

Diamondback Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, Diamondback Energy shares trade at around 42x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Diamondback Energy's PEG ratio

Diamondback Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.3421. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Diamondback Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Diamondback Energy's EBITDA

Diamondback Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$3 billion (£2.3 billion).

The EBITDA is a measure of a Diamondback Energy's overall financial performance and is widely used to measure a its profitability.

Diamondback Energy financials

Revenue TTM US$5.3 billion
Operating margin TTM 34.06%
Gross profit TTM US$2 billion
Return on assets TTM 5.41%
Return on equity TTM 4.06%
Profit margin 8.39%
Book value 63.515
Market capitalisation US$19.5 billion

TTM: trailing 12 months

Diamondback Energy share dividends

21%

Dividend payout ratio: 20.69% of net profits

Recently Diamondback Energy has paid out, on average, around 20.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.75% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Diamondback Energy shareholders could enjoy a 1.75% return on their shares, in the form of dividend payments. In Diamondback Energy's case, that would currently equate to about $1.75 per share.

While Diamondback Energy's payout ratio might seem low, this can signify that Diamondback Energy is investing more in its future growth.

Diamondback Energy's most recent dividend payout was on 17 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 9 November 2021 (the "ex-dividend date").

Diamondback Energy share price volatility

Over the last 12 months, Diamondback Energy's shares have ranged in value from as little as US$38.4917 up to US$117.2014. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Diamondback Energy's is 2.561. This would suggest that Diamondback Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Diamondback Energy overview

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2020, the company's total acreage position was approximately 449,642 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,316,441 thousand barrels of crude oil equivalent. It also held working interests in 4,326 gross producing wells, as well as royalty interests in 4,553 additional wells. In addition, the company owns mineral interests approximately 787,264 gross acres and 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 927 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

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