Diamondback Inventory from 2010 to 2024

FANG Stock  USD 193.46  1.50  0.78%   
Diamondback Energy's Inventory is increasing over the last several years with slightly volatile swings. Inventory is estimated to finish at about 66.2 M this year. During the period from 2010 to 2024 Diamondback Energy Inventory regressed destribution of quarterly values had coefficient of variationof  100.90 and r-value of  0.91. View All Fundamentals
 
Inventory  
First Reported
2009-12-31
Previous Quarter
63 M
Current Value
57 M
Quarterly Volatility
24.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondback Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondback main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 183.8 M or Total Revenue of 8.8 B, as well as many exotic indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0543 or PTB Ratio of 2.35. Diamondback financial statements analysis is a perfect complement when working with Diamondback Energy Valuation or Volatility modules.
  
This module can also supplement Diamondback Energy's financial leverage analysis and stock options assessment as well as various Diamondback Energy Technical models . Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

Latest Diamondback Energy's Inventory Growth Pattern

Below is the plot of the Inventory of Diamondback Energy over the last few years. It is Diamondback Energy's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondback Energy's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Diamondback Inventory Regression Statistics

Arithmetic Mean26,633,691
Geometric Mean11,055,875
Coefficient Of Variation100.90
Mean Deviation23,904,555
Median9,108,000
Standard Deviation26,874,241
Sample Variance722.2T
Range66.7M
R-Value0.91
Mean Square Error135.5T
R-Squared0.83
Slope5,460,764
Total Sum of Squares10111.1T

Diamondback Inventory History

202466.2 M
202363 M
202267 M
202162 M
202033 M
201937 M
201837.6 M

Other Fundumenentals of Diamondback Energy

Diamondback Energy Inventory component correlations

About Diamondback Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Diamondback Energy income statement, its balance sheet, and the statement of cash flows. Diamondback Energy investors use historical funamental indicators, such as Diamondback Energy's Inventory, to determine how well the company is positioned to perform in the future. Although Diamondback Energy investors may use each financial statement separately, they are all related. The changes in Diamondback Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Diamondback Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Diamondback Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Diamondback Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory63 M66.2 M
Change To Inventory358.8 M376.7 M
Inventory Turnover 56.21  44.31 
Days Of Inventory On Hand 6.49  6.17 
Average InventoryM7.3 M
Days Of Inventory Outstanding 6.49  6.17 

Currently Active Assets on Macroaxis

When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Diamondback Stock analysis

When running Diamondback Energy's price analysis, check to measure Diamondback Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamondback Energy is operating at the current time. Most of Diamondback Energy's value examination focuses on studying past and present price action to predict the probability of Diamondback Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondback Energy's price. Additionally, you may evaluate how the addition of Diamondback Energy to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Stocks Directory
Find actively traded stocks across global markets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Is Diamondback Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.102
Dividend Share
9.26
Earnings Share
17.74
Revenue Per Share
46.192
Quarterly Revenue Growth
0.174
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.