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Diamondback Energy (FANG) Competitors

$199.26
+1.92 (+0.97%)
(As of 05/31/2024 ET)

FANG vs. CLR, OXY, CXO, APA, COP, EOG, PXD, DVN, EQT, and MRO

Should you be buying Diamondback Energy stock or one of its competitors? The main competitors of Diamondback Energy include Continental Resources (CLR), Occidental Petroleum (OXY), Concho Resources (CXO), APA (APA), ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), EQT (EQT), and Marathon Oil (MRO). These companies are all part of the "oils/energy" sector.

Diamondback Energy vs.

Diamondback Energy (NASDAQ:FANG) and Continental Resources (NYSE:CLR) are both large-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, risk, media sentiment, analyst recommendations, community ranking and institutional ownership.

In the previous week, Diamondback Energy had 22 more articles in the media than Continental Resources. MarketBeat recorded 22 mentions for Diamondback Energy and 0 mentions for Continental Resources. Diamondback Energy's average media sentiment score of 0.82 beat Continental Resources' score of 0.00 indicating that Diamondback Energy is being referred to more favorably in the media.

Company Overall Sentiment
Diamondback Energy Positive
Continental Resources Neutral

Continental Resources has a net margin of 40.29% compared to Diamondback Energy's net margin of 36.71%. Continental Resources' return on equity of 43.58% beat Diamondback Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Diamondback Energy36.71% 19.36% 11.62%
Continental Resources 40.29%43.58%19.13%

Diamondback Energy currently has a consensus price target of $205.95, suggesting a potential upside of 3.36%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Diamondback Energy
1 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.74
Continental Resources
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Diamondback Energy pays an annual dividend of $3.60 per share and has a dividend yield of 1.8%. Continental Resources pays an annual dividend of $1.12 per share. Diamondback Energy pays out 20.3% of its earnings in the form of a dividend. Continental Resources pays out 11.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Diamondback Energy has higher revenue and earnings than Continental Resources. Continental Resources is trading at a lower price-to-earnings ratio than Diamondback Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Diamondback Energy$8.66B4.11$3.14B$17.7411.23
Continental Resources$5.72B0.00$1.66B$9.84N/A

90.0% of Diamondback Energy shares are held by institutional investors. Comparatively, 13.4% of Continental Resources shares are held by institutional investors. 0.5% of Diamondback Energy shares are held by company insiders. Comparatively, 58.6% of Continental Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Diamondback Energy received 145 more outperform votes than Continental Resources when rated by MarketBeat users. Likewise, 78.13% of users gave Diamondback Energy an outperform vote while only 65.18% of users gave Continental Resources an outperform vote.

CompanyUnderperformOutperform
Diamondback EnergyOutperform Votes
1343
78.13%
Underperform Votes
376
21.87%
Continental ResourcesOutperform Votes
1198
65.18%
Underperform Votes
640
34.82%

Diamondback Energy has a beta of 1.91, indicating that its share price is 91% more volatile than the S&P 500. Comparatively, Continental Resources has a beta of 2.32, indicating that its share price is 132% more volatile than the S&P 500.

Summary

Diamondback Energy beats Continental Resources on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FANG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FANG vs. The Competition

MetricDiamondback EnergyCrude petroleum & natural gas IndustryEnergy SectorNASDAQ Exchange
Market Cap$35.54B$9.14B$8.34B$7.97B
Dividend Yield1.85%17.04%11.63%4.00%
P/E Ratio11.2314.9910.3015.18
Price / Sales4.114.4478.5993.40
Price / Cash7.056.8711.2131.51
Price / Book1.972.002.994.59
Net Income$3.14B$1.26B$979.69M$213.90M
7 Day Performance3.00%4.37%1.52%0.87%
1 Month Performance1.66%5.40%5.72%3.60%
1 Year Performance55.55%16.64%9.64%7.91%

Diamondback Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CLR
Continental Resources
0 of 5 stars
N/AN/AN/A$26.96B$5.72B7.551,254Analyst Forecast
OXY
Occidental Petroleum
4.018 of 5 stars
$62.50
+2.1%
$70.94
+13.5%
+8.4%$55.42B$28.92B17.0812,570Analyst Revision
CXO
Concho Resources
0 of 5 stars
$65.60
flat
N/AN/A$12.88B$4.59B-1.251,453Gap Up
High Trading Volume
APA
APA
4.2487 of 5 stars
$30.53
+2.7%
$41.90
+37.2%
-3.9%$11.33B$8.19B3.412,271High Trading Volume
COP
ConocoPhillips
4.6086 of 5 stars
$116.48
+2.6%
$144.65
+24.2%
+17.3%$136.23B$58.57B13.199,900Analyst Forecast
Analyst Revision
News Coverage
High Trading Volume
EOG
EOG Resources
4.6565 of 5 stars
$124.55
+1.9%
$142.09
+14.1%
+16.2%$71.58B$24.19B9.843,050Positive News
PXD
Pioneer Natural Resources
0.9803 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
DVN
Devon Energy
4.5712 of 5 stars
$49.08
+3.1%
$58.83
+19.9%
+6.4%$31.02B$15.26B9.371,900Positive News
High Trading Volume
EQT
EQT
3.4877 of 5 stars
$41.09
-0.3%
$44.94
+9.4%
+18.2%$18.15B$4.54B29.78881Analyst Upgrade
Insider Selling
Short Interest ↑
MRO
Marathon Oil
4.5314 of 5 stars
$28.96
+2.7%
$32.81
+13.3%
+30.7%$16.33B$6.38B11.971,681Analyst Forecast
Options Volume
News Coverage
High Trading Volume

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This page (NASDAQ:FANG) was last updated on 6/1/2024 by MarketBeat.com Staff

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