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Diamondback Energy (FANG) Financial Forecast Calculator

Interactive 5-year forecast and DCF for Diamondback Energy. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Diamondback Energy’s most recent SEC filings.

Revenue FY30
$20.93B
from $8.41B
FCF FY30
$12.30B
Margin 58.8%
Enterprise value
$162.19B
19.3× LTM revenue
Equity value
$149.38B
Net debt $12.81B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
20.0%
-10.0%baseline 20.0%40.0%
Gross margin
45.0%
5.0%baseline 45.0%90.0%
Capex % of revenue
7.8%
0.0%baseline 7.8%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the Diamondback Energy forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

What does Diamondback Energy do?+

Diamondback Energy is an independent oil and natural gas company focused on acquiring, developing, and exploring unconventional onshore reserves in the Permian Basin of West Texas. It extracts hydrocarbons primarily from the Wolfcamp and Spraberry formations, operating an asset-heavy exploration and production business model.

How does Diamondback Energy generate revenue?+

Diamondback Energy generates revenue across three distinct product streams: Oil, Natural Gas Liquids, and Natural Gas. Oil accounts for approximately 75% of revenue, Natural Gas Liquids for 15%, and Natural Gas for 10%, with all operations concentrated in the Midland and Delaware Basins.

What is Diamondback Energy's capital expenditure strategy?+

Diamondback Energy's capital expenditure typically ranges from 35-45% of revenue, influenced by the commodity price environment. Approximately 80% of this capex is dedicated to maintenance to offset the steep decline rates of shale wells, while 20% supports low-single-digit production growth.

What is the purpose of the Diamondback Energy financial model?+

The financial model for Diamondback Energy provides a comprehensive equity valuation and cash flow forecast. Its primary purpose is to determine the intrinsic value, debt paydown trajectory, and shareholder return capacity of the company following its acquisition of Endeavor Energy Resources.

Can I download an Excel financial model for Diamondback Energy?+

Yes, a downloadable Excel financial model is available for Diamondback Energy. This model offers a forecast horizon from FY2026 to FY2030, providing detailed financial projections and assumptions for the company.

What is Diamondback Energy's working capital profile?+

Diamondback Energy typically operates with a negative net working capital position. This means that payables for drilling and completion activities consistently exceed receivables from oil purchasers, indicating that growth is partially funded by its supply chain.

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