Diamondback Historical Income Statement
FANG Stock | USD 207.76 0.66 0.32% |
Historical analysis of Diamondback Energy income statement accounts such as Total Revenue of 8.8 B or Gross Profit of 5 B can show how well Diamondback Energy performed in making a profits. Evaluating Diamondback Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Diamondback Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Diamondback Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Diamondback Energy is a good buy for the upcoming year.
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About Diamondback Income Statement Analysis
Diamondback Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Diamondback Energy shareholders. The income statement also shows Diamondback investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Diamondback Energy Income Statement Chart
Diamondback Energy Income Statement is one of the three primary financial statements used for reporting Diamondback's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Diamondback Energy revenue and expense. Diamondback Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Diamondback Energy's Total Revenue is most likely to increase significantly in the upcoming years. The Diamondback Energy's current Gross Profit is estimated to increase to about 5 B, while Non Operating Income Net Other is forecasted to increase to (524.1 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Diamondback Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Diamondback Energy minus its cost of goods sold. It is profit before Diamondback Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Diamondback Energy. It is also known as Diamondback Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Diamondback Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Diamondback Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.At this time, Diamondback Energy's Total Revenue is most likely to increase significantly in the upcoming years. The Diamondback Energy's current Gross Profit is estimated to increase to about 5 B, while Non Operating Income Net Other is forecasted to increase to (524.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 199M | 159M | 175M | 183.8M | Depreciation And Amortization | 1.3B | 1.4B | 1.7B | 1.8B |
Diamondback Energy income statement Correlations
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Diamondback Energy Account Relationship Matchups
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Diamondback Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.4B | 1.3B | 1.3B | 1.4B | 1.7B | 1.8B | |
Interest Expense | 172M | 197M | 199M | 159M | 175M | 183.8M | |
Total Revenue | 4.0B | 2.8B | 6.8B | 9.6B | 8.3B | 8.8B | |
Gross Profit | 1.6B | 644M | 4.2B | 6.8B | 4.8B | 5.0B | |
Other Operating Expenses | 2.5B | 2.3B | 2.7B | 3.1B | 3.8B | 3.9B | |
Operating Income | 2.4B | 547M | 4.0B | 6.5B | 4.6B | 4.8B | |
Ebit | 2.4B | 547M | 4.0B | 6.5B | 4.6B | 4.9B | |
Ebitda | 3.9B | 1.9B | 5.3B | 7.9B | 6.4B | 6.7B | |
Cost Of Revenue | 2.4B | 2.2B | 2.6B | 2.9B | 3.5B | 3.7B | |
Total Operating Expenses | 115M | 99M | 152M | 256M | 217M | 227.9M | |
Income Before Tax | 362M | (5.8B) | 2.9B | 5.7B | 4.2B | 4.5B | |
Total Other Income Expense Net | (2.1B) | (6.3B) | (1.1B) | (772M) | (158M) | (165.9M) | |
Net Income | 240M | (4.7B) | 2.2B | 4.4B | 3.1B | 3.3B | |
Income Tax Expense | 47M | (1.1B) | 631M | 1.2B | 912M | 957.6M | |
Selling General Administrative | 104M | 88M | 146M | 144M | 150M | 157.5M | |
Net Income Applicable To Common Shares | 240M | (4.5B) | 2.2B | 4.4B | 5.0B | 5.3B | |
Net Income From Continuing Ops | 315M | (4.7B) | 2.3B | 4.6B | 3.3B | 3.5B | |
Non Operating Income Net Other | (333M) | (103M) | (895M) | (613M) | (551.7M) | (524.1M) | |
Minority Interest | 75M | (155M) | (94M) | (176M) | (193M) | (183.4M) | |
Tax Provision | 47M | (1.1B) | 631M | 1.2B | 912M | 957.6M | |
Interest Income | 13.5M | 275M | 4M | 1M | 2M | 1.9M | |
Net Interest Income | (172M) | (197M) | (199M) | (159M) | (175M) | (183.8M) | |
Reconciled Depreciation | 1.4B | 1.3B | 1.3B | 1.3B | 1.7B | 1.3B |
Diamondback Energy Investors Sentiment
The influence of Diamondback Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Diamondback. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Diamondback Energy's public news can be used to forecast risks associated with an investment in Diamondback. The trend in average sentiment can be used to explain how an investor holding Diamondback can time the market purely based on public headlines and social activities around Diamondback Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Diamondback Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Diamondback Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Diamondback Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Diamondback Energy.
Diamondback Energy Implied Volatility | 41.92 |
Diamondback Energy's implied volatility exposes the market's sentiment of Diamondback Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Diamondback Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Diamondback Energy stock will not fluctuate a lot when Diamondback Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamondback Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamondback Energy's short interest history, or implied volatility extrapolated from Diamondback Energy options trading.
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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.
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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 (0.05) | Dividend Share 8.12 | Earnings Share 17.35 | Revenue Per Share 44.217 | Quarterly Revenue Growth 0.113 |
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.