Diamondback Energy (FANG) Sees Trading Activity Amid Market Volatility
February 5, 2025
Diamondback Energy (FANG) has seen a 1.11% increase in trading activity over the past 24 hours, with shares trading at $166.3 on major exchanges. The company’s market capitalization stands at $48 billion, with approximately $328.9 million worth of shares traded in the last day.
Short Interest Declines for Diamondback Energy
In a recent development, Diamondback Energy’s short interest has decreased by 12.7% in January, according to recent data. The company’s stock price has fluctuated between $150.71 and $214.50 over the past year, with the current price standing at $164.48.
Valuation Metrics Provide Insight into Financial Performance
Diamondback Energy’s valuation metrics, including a price-to-earnings ratio of 9.5 and a price-to-book ratio of 1.2822, provide valuable insights into the company’s financial performance. These metrics suggest a stable financial position for the company.
Related Stocks See Trading Activity
Other notable stocks in the energy sector have seen trading activity over the past 24 hours:
- Block (SQ): Traded down 0.68% to $86.17, with a market capitalization of $55.9 billion and a price-to-earnings ratio of 53.13.
- Travelers Cos (TRV): Traded down 0.22% to $244.06, with a market capitalization of $55.4 billion and a price-to-earnings ratio of 11.22.
- Vistra (0V6.F): Traded down 0.12% to $168.33, with a market capitalization of $57.3 billion and a price-to-earnings ratio of 32.13.
- Schlumberger (SLB): Traded up 2.64% to $41.22, with a market capitalization of $56.3 billion and a price-to-earnings ratio of 12.87.
- Oneok (OKE): Traded down 0.62% to $97.02, with a market capitalization of $57 billion and a price-to-earnings ratio of 20.42.
About Diamondback Energy
Diamondback Energy Inc is an independent oil and natural gas company specializing in acquiring, developing, exploring, and exploiting unconventional onshore oil and natural gas reserves in the Permian Basin of West Texas.