FANG Diamondback Energy, Inc. - Common Stock
About Diamondback Energy, Inc. - Common Stock Company overview from Wikipedia
Diamondback Energy, headquartered in Midland, Texas, is an American company engaged in hydrocarbon exploration in the Permian Basin.
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Diamondback Energy, headquartered in Midland, Texas, is an American company engaged in hydrocarbon exploration in the Permian Basin.
As of December 31, 2024, the company had 3,557 million barrels of oil equivalent (2.176×1010 GJ) of estimated proved reserves, of which 49% was petroleum, 24% was natural gas, and 27% was natural gas liquids.
It is ranked 383rd on the Fortune 500 and 471st on the Forbes Global 2000.
History
The company began operations in December 2007 with the acquisition of 4,174 net acres in the Permian Basin.
In October 2012, the company became a public company via an initial public offering, issuing 12,500,000 shares of common stock at a price of $17.50 per share at its opening on Nasdaq under the ticker symbol FANG, in reference to a snake's tooth; the company's logo at the time featured a Western diamondback rattlesnake.
In March 2017, the company acquired assets from Brigham Resources for $2.55 billion.
In October 2018, the company acquired the assets of Ajax Resources for $1.25 billion.
In November 2018, the company acquired Energen.
In February 2021, the company acquired leasehold interests and assets from Guidon Resources for $375 million in cash and 10.68 million shares.
In March 2021, the company acquired QEP Resources.
In September 2024, the company acquired Endeavor Energy Resources.
In April 2025, the company acquired Double Eagle IV for $3 billion in cash and 6.9 million shares of stock.
Controversies
Environmental
In October 2023, the company was accused of being a major contributor to the increase of flaring gas in the Permian Basin.
Antitrust lawsuit
In January 2024, a class action lawsuit was filed accusing Diamondback, along with seven other US oil and gas producers, of an illegal price fixing scheme to constrain production of shale oil, allegedly causing drivers in the US paying more for gasoline than they would have in a competitive market. The case is now part of a consolidated multidistrict litigation in New Mexico to be heard by judge Matthew L. Garcia.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
FANG Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
FANG Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| Aug. 13, 2026 | $1.1000 |
| May 14, 2026 | $1.1000 |
| March 5, 2026 | $1.0500 |
| Nov. 13, 2025 | $1.0000 |
| Aug. 14, 2025 | $1.0000 |
| May 15, 2025 | $1.0000 |
| March 6, 2025 | $1.0000 |
| Nov. 14, 2024 | $0.9000 |
| Aug. 15, 2024 | $2.3400 |
| May 14, 2024 | $1.9700 |
| March 4, 2024 | $3.0800 |
| Nov. 15, 2023 | $3.3700 |
| Aug. 9, 2023 | $0.8400 |
| May 10, 2023 | $0.8300 |
| March 2, 2023 | $2.9500 |
| Nov. 16, 2022 | $2.2600 |
| Aug. 15, 2022 | $3.0500 |
| May 11, 2022 | $3.0500 |
| March 3, 2022 | $0.6000 |
| Nov. 9, 2021 | $0.5000 |
FANG Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 9 25.0%
- Buy 24 66.7%
- Hold 3 8.3%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
28 analysts · 2026-08-17Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $6.48 | $6.13 | 0.35% |
| March 31, 2026 | $4.23 | $3.37 | 0.86% |
| Dec. 31, 2025 | $1.74 | $2.12 | -0.38% |
| Sept. 30, 2025 | $3.08 | $2.98 | 0.10% |
| June 30, 2025 | $2.67 | $2.87 | -0.20% |
| March 31, 2025 | $4.54 | $4.21 | 0.33% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| FANG | $42.78B | 26.2 | 35.8% | 11.1% | 4.5% | — |
| COP | — | 14.7 | 7.7% | 13.6% | 12.3% | — |
| EOG | — | 11.5 | -4.5% | 22.0% | 16.9% | — |
| DVN | — | 8.8 | 7.8% | — | — | — |
| EQT | $33.45B | 16.2 | 63.9% | 23.6% | 9.2% | — |
| VG | — | 7.9 | 176.9% | 19.9% | 56.7% | — |
| TPL | $19.80B | 41.2 | 13.1% | 60.3% | 35.0% | — |
| EXE | $26.40B | 14.6 | 186.3% | 15.0% | 10.0% | — |
| PR | $10.55B | 11.0 | 1.3% | 18.5% | 9.6% | — |
| OVV | $9.93B | 8.2 | -2.7% | 13.9% | 11.5% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.03B | $11.07B | $8.41B | $9.64B | $6.80B | $2.81B | $3.96B | $2.18B | $1.21B | $527M | |
| SG&A Expense | $288M | $213M | $150M | $144M | $146M | $88M | $104M | $65M | $48M | $43M | |
| Operating Expenses | $13.76B | $6.67B | $3.84B | $3.13B | $2.80B | $8.29B | $3.27B | $1.17B | $600M | $596M | |
| Operating Income | $1.27B | $4.40B | $4.57B | $6.51B | $4.00B | $-5.48B | $695M | $1.01B | $605M | $-69M | |
| Interest Expense | $244M | $135M | $159M | $154M | $199M | $197M | $172M | $87M | $41M | $41M | |
| Other Non-op | $455M | $101M | $100M | $-772M | $-910M | $-103M | $-161M | $89M | $11M | $-96M | |
| Pretax Income | $1.87B | $4.50B | $4.25B | $5.74B | $2.91B | $-5.78B | $362M | $1.11B | $497M | $-165M | |
| Income Tax | $327M | $800M | $912M | $1.17B | $631M | $-1.10B | $47M | $168M | $-20M | $192.0K | |
| Net Income | $1.66B | $3.34B | $3.14B | $4.39B | $2.18B | $-4.52B | $240M | $846M | $482M | $-165M | |
| EPS (Basic) | $5.73 | $15.53 | $17.34 | $24.61 | $12.24 | $-28.61 | $1.47 | $8.09 | $4.95 | $-2.20 | |
| EPS (Diluted) | $5.73 | $15.53 | $17.34 | $24.61 | $12.24 | $-28.61 | $1.47 | $8.06 | $4.94 | $-2.20 | |
| Shares (Basic) | 289,079,000 | 213,545,000 | 179,999,000 | 176,539,000 | 176,643,000 | 157,976,000 | 163,493,000 | 104,622,000 | 97,458,000 | 75,077,000 | |
| Shares (Diluted) | 289,079,000 | 213,545,000 | 179,999,000 | 176,539,000 | 176,643,000 | 157,976,000 | 163,843,000 | 104,929,000 | 97,688,000 | 75,077,000 | |
| EBITDA | $6.30B | $7.25B | $6.32B | $7.85B | $5.28B | $-4.17B | $2.14B | · | $932M | $109M |
Balance Sheet 22
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $104M | $161M | $582M | $157M | $654M | $104M | $123M | $215M | $112M | $1.67B | |
| Receivables | $1.13B | $1.39B | $654M | $618M | $598M | $281M | $429M | $296M | $159M | $70M | |
| Inventory | $86M | $116M | $63M | $67M | $62M | $33M | $37M | $37M | $9M | $2M | |
| Prepaid Expense | $337M | $245M | $110M | $23M | $28M | $23M | $24M | $50M | $5M | $3M | |
| Other Current Assets | $7M | $3M | · | · | · | · | · | $50M | $5M | $3M | |
| Current Assets | $1.92B | $2.11B | $1.62B | $1.39B | $1.45B | $602M | $869M | $925M | $359M | $1.79B | |
| PP&E (Net) | $68.62B | $64.47B | $26.67B | $23.76B | $20.62B | $16.21B | $21.84B | $20.37B | $7.34B | $3.39B | |
| Accum. Depreciation | $27.78B | $19.21B | $16.43B | $14.84B | $13.54B | $12.31B | $5.00B | $2.77B | $2.16B | $1.84B | |
| Intangibles | · | · | · | · | · | · | $8M | $11M | · | · | |
| Other Non-current Assets | $523M | $710M | $131M | $42M | $76M | $45M | $90M | $85M | $62M | $45M | |
| Total Assets | $71.06B | $67.29B | $29.00B | $26.21B | $22.90B | $17.62B | $23.53B | $21.60B | $7.77B | $5.35B | |
| Current Liabilities | $4.60B | $4.81B | $2.11B | $1.72B | $1.44B | $1.24B | $1.26B | $1.02B | $577M | $209M | |
| Deferred Tax | $9.14B | $9.83B | $2.45B | $2.07B | $1.34B | $783M | $1.89B | $1.78B | $108M | $0 | |
| Other Non-current Liabilities | $625M | $718M | $12M | $12M | $40M | $7M | $11M | · | · | · | |
| Total Liabilities | $28.09B | $27.43B | $11.57B | $10.52B | $9.65B | $7.82B | $8.62B | $7.43B | $2.19B | $1.33B | |
| Long-term Debt | $13.73B | $12.07B | $6.64B | $6.24B | $6.64B | $5.62B | $5.37B | $4.46B | $1.48B | $1.11B | |
| Total Debt | $14.49B | $12.97B | $6.64B | $6.25B | $6.69B | $5.82B | $5.37B | · | $1.48B | $1.11B | |
| Retained Earnings | $4.74B | $4.24B | $2.49B | $801M | $-2.00B | $-3.86B | $890M | $762M | $-37M | $-519M | |
| AOCI | $-7M | $-6M | $-8M | $-7M | $0 | · | · | $-74.0K | $0 | · | |
| Stockholders' Equity | $36.97B | $37.74B | $16.62B | $15.01B | $12.09B | $8.79B | $13.25B | $13.70B | $5.25B | $3.70B | |
| Liabilities + Equity | $71.06B | $67.29B | $29.00B | $26.21B | $22.90B | $17.62B | $23.53B | $21.60B | $7.77B | $5.35B | |
| Shares Outstanding | 284,594,908 | 290,984,000 | 178,724,000 | 179,841,000 | 177,551,000 | 158,088,000 | 159,002,000 | 164,273,000 | 98,167,000 | 90,144,000 |
Cash Flow 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $5.04B | $2.85B | $1.75B | $1.34B | $1.27B | $1.31B | $1.45B | $623M | $327M | $178M | |
| Stock-based Comp | · | $65M | $54M | $55M | $51M | $37M | $48M | $27M | $26M | $26M | |
| Deferred Tax | $-519M | $15M | $378M | $720M | $606M | $-1.04B | $47M | $168M | $-20M | $0 | |
| Other Non-cash | $2.58B | $145M | $599M | $-180M | $-170M | $6.34B | $952M | · | $75M | $293M | |
| Operating Cash Flow | $8.76B | $6.41B | $5.92B | $6.33B | $3.94B | $2.12B | $2.74B | $1.56B | $889M | $332M | |
| Investing Cash Flow | $-7.81B | $-11.22B | $-3.32B | $-3.33B | $-1.54B | $-2.10B | $-3.89B | $-3.50B | $-3.13B | · | |
| Stock Issued | $1.23B | $476M | $0 | $0 | $0 | $0 | $1.11B | $305M | $370M | $2.05B | |
| Stock Repurchased | · | $959M | $840M | $1.10B | $431M | $98M | $593M | $0 | $0 | · | |
| Net Stock Activity | $1.23B | $-483M | $-840M | $-1.10B | $-431M | $-98M | $513M | · | $370M | $2.05B | |
| Dividends Paid | $1.16B | $1.58B | $1.44B | $1.57B | $312M | $236M | $112M | $37M | $0 | $0 | |
| Financing Cash Flow | $-1.01B | $4.39B | $-2.18B | $-3.50B | $-1.84B | $-37M | $1.06B | $2.04B | $689M | · | |
| Net Change in Cash | $-58M | $-421M | $421M | $-508M | $564M | $-20M | $-87M | $103M | $-1.55B | $1.65B | |
| Taxes Paid | · | $-605M | $-352M | $-718M | $138M | · | · | · | · | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 8.4% | 39.7% | 54.3% | 67.5% | 58.9% | -194.7% | 17.5% | · | -1491.9% | 168.7% | |
| Net Margin | 11.1% | 30.2% | 37.4% | 45.5% | 32.1% | -160.6% | 6.0% | · | -1189.2% | 405.6% | |
| Pretax Margin | 12.5% | 40.7% | 50.5% | 59.5% | 42.8% | -205.3% | 9.1% | · | -1226.0% | 404.9% | |
| EBITDA Margin | 41.9% | 65.5% | 75.1% | 81.4% | 77.6% | -148.3% | 54.0% | · | -2297.6% | -268.9% | |
| ROA | 2.4% | 6.9% | 10.8% | 17.9% | 9.5% | -21.9% | 1.0% | · | 7.3% | -4.1% | |
| ROE | 4.5% | 12.3% | 19.9% | 32.4% | 20.9% | -41.0% | 1.8% | · | 10.8% | -5.9% | |
| ROIC | 2.0% | 7.1% | 15.4% | 24.3% | 16.7% | -30.3% | 3.2% | · | 9.3% | -1.4% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.4 | 0.4 | 0.8 | 0.8 | 1.0 | 0.5 | 0.7 | · | 0.6 | 8.6 | |
| Quick Ratio | 0.3 | 0.3 | 0.6 | 0.5 | 0.9 | 0.3 | 0.4 | · | 0.5 | 8.3 | |
| Debt / Equity | 0.4 | 0.3 | 0.4 | 0.4 | 0.6 | 0.7 | 0.4 | · | 0.3 | 0.3 | |
| LT Debt / Equity | 0.4 | 0.3 | 0.4 | 0.4 | 0.5 | 0.6 | 0.4 | · | 0.3 | 0.3 | |
| Interest Coverage | 5.2 | 32.6 | 26.1 | 40.9 | 20.1 | -27.8 | 4.0 | · | 14.9 | -1.7 |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | 0.3 | 0.4 | 0.3 | 0.1 | 0.2 | · | -0.0 | -0.0 | |
| Receivables Turnover | 11.9 | 10.8 | 13.2 | 15.9 | 15.5 | 7.9 | 10.9 | · | -0.4 | -0.8 |
Growth Rates 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 35.8% | 31.6% | -12.8% | 41.9% | 141.6% | · | · | · | · | · | |
| Revenue CAGR 3Y | 15.9% | 17.6% | 44.1% | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 39.8% | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -63.1% | -10.4% | -29.5% | 101.1% | · | · | · | · | · | · | |
| EPS CAGR 3Y | -38.5% | 8.3% | · | · | · | · | · | · | · | · | |
| Net Income YoY | -50.1% | 6.2% | -28.3% | 101.0% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -27.6% | 15.2% | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 37.4% | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $15.03B | $11.07B | $8.41B | $9.64B | $6.80B | $2.81B | $3.96B | $2.18B | $1.21B | $527M | |
| Net Income TTM | $1.66B | $3.34B | $3.14B | $4.39B | $2.18B | $-4.52B | $240M | $846M | $482M | $-165M | |
| Market Cap | $42.78B | $47.67B | $27.72B | $24.60B | $19.15B | $7.65B | $14.76B | · | $12.39B | $9.11B | |
| Enterprise Value | $57.17B | $60.49B | $33.78B | $30.69B | $25.18B | $13.36B | $20.01B | · | $13.76B | $8.55B | |
| P/E | 26.2 | 10.5 | 8.9 | 5.6 | 8.8 | -1.7 | 63.2 | 11.5 | 25.6 | -45.9 | |
| P/S | 2.8 | 4.3 | 3.3 | 2.6 | 2.8 | 2.7 | 3.7 | · | 10.3 | 17.3 | |
| P/B | 1.2 | 1.3 | 1.7 | 1.6 | 1.6 | 0.9 | 1.1 | · | 2.4 | 2.5 | |
| P / Tangible Book | 1.2 | 1.3 | 1.7 | 1.6 | 1.6 | 0.9 | · | · | · | · | |
| P / Cash Flow | 4.9 | 7.4 | 4.7 | 3.9 | 4.9 | 3.6 | 5.4 | · | 13.9 | 27.4 | |
| EV / EBITDA | 9.1 | 8.3 | 5.3 | 3.9 | 4.8 | -3.2 | 9.3 | · | 14.8 | 78.1 | |
| EV / Revenue | 3.8 | 5.5 | 4.0 | 3.2 | 3.7 | 4.8 | 5.0 | · | 11.4 | 16.2 | |
| Dividend Yield | 2.7% | 3.3% | 5.2% | 6.4% | 1.6% | 3.1% | 0.76% | · | 0.00% | 0.00% | |
| Earnings Yield | 3.8% | 9.5% | 11.2% | 18.0% | 11.3% | -59.1% | 1.6% | 8.7% | 3.9% | -2.2% | |
| Payout Ratio | 69.5% | 47.3% | 45.9% | 35.8% | 14.3% | -5.2% | 46.7% | · | · | · | |
| Annual Payout | $1.16B | $1.58B | $1.44B | $1.57B | $312M | $236M | $112M | $37M | $0 | $0 |
Income Statement 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.56B | $4.24B | $3.38B | $3.92B | $3.68B | $4.05B | $3.71B | $2.65B | $2.48B | $2.23B | $2.23B | $2.34B | $1.92B | $1.93B | $2.03B | $2.44B | |
| SG&A Expense | $72M | $79M | $78M | $70M | $67M | $73M | $72M | $49M | $46M | $46M | $39M | $34M | $37M | $40M | $35M | $34M | |
| Operating Expenses | $3.05B | $4.12B | $6.16B | $2.69B | $2.54B | $2.38B | $2.30B | $1.94B | $1.33B | $1.11B | $1.02B | $1.00B | $919M | $900M | $774M | $823M | |
| Operating Income | $2.51B | $116M | $-2.78B | $1.24B | $1.14B | $1.67B | $1.41B | $710M | $1.16B | $1.12B | $1.21B | $1.34B | $1.00B | $1.02B | $1.26B | $1.61B | |
| Other Non-op | $-4M | $7M | $128M | $108M | $2M | $35M | $97M | $89M | $1M | $-86M | $399M | $-43M | $-216M | $-40M | $-89M | $-11M | |
| Pretax Income | $2.63B | $176M | $-2.33B | $1.37B | $943M | $1.89B | $1.41B | $918M | $1.15B | $1.03B | $1.27B | $1.27B | $751M | $953M | $1.29B | $1.56B | |
| Income Tax | $580M | $32M | $-567M | $287M | $204M | $403M | $115M | $210M | $252M | $223M | $264M | $276M | $165M | $207M | $261M | $290M | |
| Net Income | $1.88B | $25M | $-1.46B | $1.02B | $699M | $1.41B | $1.07B | $659M | $837M | $768M | $960M | $915M | $556M | $712M | $1.01B | $1.18B | |
| EPS (Basic) | $6.65 | $0.08 | $-4.99 | $3.51 | $2.38 | $4.83 | $3.40 | $3.19 | $4.66 | $4.28 | $5.34 | $5.07 | $3.05 | $3.88 | $5.61 | $6.72 | |
| EPS (Diluted) | $6.65 | $0.08 | $-4.99 | $3.51 | $2.38 | $4.83 | $3.40 | $3.19 | $4.66 | $4.28 | $5.34 | $5.07 | $3.05 | $3.88 | $5.61 | $6.72 | |
| Shares (Basic) | 281,202,000 | 282,792,000 | -581,494,000 | 288,826,000 | 292,135,000 | 289,612,000 | -348,022,000 | 204,730,000 | 178,360,000 | 178,477,000 | -361,234,000 | 178,872,000 | 180,373,000 | 181,988,000 | -352,002,000 | 174,406,000 | |
| Shares (Diluted) | 281,202,000 | 282,792,000 | -581,494,000 | 288,826,000 | 292,135,000 | 289,612,000 | -348,022,000 | 204,730,000 | 178,360,000 | 178,477,000 | -361,234,000 | 178,872,000 | 180,373,000 | 181,988,000 | -352,008,000 | 174,408,000 | |
| EBITDA | $3.78B | $1.41B | · | $2.52B | $2.40B | $2.77B | · | $1.45B | $1.64B | $1.59B | · | $1.78B | $1.43B | $1.43B | · | $1.95B |
Balance Sheet 21
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $462M | $174M | $104M | $159M | $219M | $1.82B | $161M | $370M | $6.91B | $896M | · | $827M | $18M | $46M | · | $27M | |
| Receivables | $1.67B | $1.83B | $1.13B | $1.28B | $1.28B | $1.33B | $1.39B | $1.20B | $711M | $734M | · | $789M | $544M | $606M | · | $669M | |
| Inventory | $67M | $79M | $86M | $86M | $115M | $117M | $116M | $126M | $55M | $57M | · | $70M | $66M | $69M | · | $59M | |
| Prepaid Expense | $189M | $288M | $337M | $144M | $79M | $67M | $245M | $51M | $25M | $43M | · | $19M | $17M | $36M | · | $54M | |
| Other Current Assets | · | · | $7M | · | · | · | $3M | · | · | · | · | · | · | · | · | · | |
| Current Assets | $2.65B | $2.70B | $1.92B | $2.58B | $2.07B | $4.08B | $2.11B | $2.02B | $7.83B | $1.95B | · | $1.92B | $918M | $1.16B | · | $1.03B | |
| PP&E (Net) | $66.77B | $66.61B | $68.62B | $72.53B | $69.23B | $64.90B | $64.47B | $63.05B | $27.10B | $27.02B | · | $25.36B | $25.14B | $25.51B | · | $21.90B | |
| Accum. Depreciation | $31.70B | $30.46B | $27.78B | $22.80B | $21.53B | $20.28B | $19.21B | $18.08B | $17.36B | $16.89B | · | $15.99B | $15.56B | $15.24B | · | $14.49B | |
| Other Non-current Assets | $796M | $763M | $523M | $214M | $215M | $200M | $710M | $71M | $42M | $38M | · | $53M | $49M | $43M | · | $58M | |
| Total Assets | $70.22B | $70.08B | $71.06B | $76.21B | $71.94B | $70.07B | $67.29B | $65.75B | $35.64B | $29.69B | · | $28.05B | $27.59B | $27.59B | · | $23.84B | |
| Current Liabilities | $5.68B | $4.82B | $4.60B | $4.14B | $3.76B | $4.75B | $4.81B | $4.46B | $2.14B | $2.12B | · | $2.14B | $2.12B | $1.89B | · | $1.68B | |
| Deferred Tax | $8.93B | $8.91B | $9.14B | $9.88B | $9.52B | $9.89B | $9.83B | $9.95B | $2.55B | $2.50B | · | $2.24B | $2.23B | $2.16B | · | $1.74B | |
| Other Non-current Liabilities | $556M | $561M | $625M | $22M | $19M | $8M | $718M | $18M | $10M | $12M | · | $12M | $15M | $13M | · | $14M | |
| Total Liabilities | $26.23B | $27.44B | $28.09B | $30.58B | $29.12B | $28.32B | $27.43B | $26.93B | $17.11B | $11.67B | · | $11.06B | $11.38B | $11.47B | · | $9.29B | |
| Long-term Debt | $11.07B | $13.15B | $13.73B | $15.85B | $15.12B | $13.00B | $12.07B | $11.92B | $11.98B | $6.63B | · | $6.23B | $6.54B | $6.95B | · | $5.35B | |
| Total Debt | $12.61B | $13.90B | · | $16.24B | $15.13B | $13.91B | · | $12.92B | $11.98B | $6.63B | · | $6.23B | $6.54B | $6.96B | · | $5.36B | |
| Retained Earnings | $6.04B | $4.47B | $4.74B | $6.49B | $5.76B | $5.35B | $4.24B | $3.43B | $3.19B | $2.71B | · | $2.14B | $1.37B | $967M | · | $195M | |
| AOCI | $-7M | $-7M | $-7M | $-7M | $-7M | $-7M | $-6M | $-8M | $-8M | $-8M | · | $-7M | $-7M | $-7M | · | · | |
| Stockholders' Equity | $37.90B | $36.47B | $36.97B | $39.09B | $38.88B | $38.47B | $37.74B | $37.43B | $17.45B | $16.95B | · | $16.28B | $15.55B | $15.46B | · | $13.84B | |
| Liabilities + Equity | $70.22B | $70.08B | $71.06B | $76.21B | $71.94B | $70.07B | $67.29B | $65.75B | $35.64B | $29.69B | · | $28.05B | $27.59B | $27.59B | · | $23.84B | |
| Shares Outstanding | 280,567,508 | 281,311,730 | 284,594,908 | 286,876,206 | 291,155,296 | 287,287,926 | 290,984,373 | 292,742,664 | 178,394,239 | 178,339,978 | 178,724,000 | 178,815,302 | 179,221,318 | 181,604,781 | 179,841,000 | 175,631,465 |
Cash Flow 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $1.27B | $1.29B | $1.39B | $1.29B | $1.27B | $1.10B | $1.16B | $742M | $483M | $469M | $469M | $442M | $432M | $403M | $365M | $336M | |
| Stock-based Comp | · | · | · | $22M | $21M | $18M | · | $16M | $19M | $14M | · | $13M | $16M | $11M | $13M | $14M | |
| Deferred Tax | $36M | $-242M | $-754M | $253M | $-24M | $6M | $-165M | $51M | $77M | $52M | $193M | $10M | $78M | $97M | $345M | $102M | |
| Other Non-cash | · | $752M | · | · | · | $-171M | · | · | · | $31M | · | · | · | $202M | · | · | |
| Operating Cash Flow | $3.59B | $1.83B | $2.34B | $2.38B | $1.68B | $2.35B | $2.34B | $1.21B | $1.53B | $1.33B | $1.62B | $1.36B | $1.51B | $1.43B | $1.44B | $1.93B | |
| Investing Cash Flow | $-1.40B | $-658M | $-118M | $-2.06B | $-3.98B | $-1.65B | $-1.85B | $-8.17B | $-449M | $-751M | $-1.46B | $15M | $-595M | $-1.28B | $-1.38B | $-720M | |
| Stock Issued | $0 | $0 | $0 | $0 | $0 | $1.23B | $0 | $476M | $0 | $0 | $0 | · | · | · | · | · | |
| Stock Repurchased | · | · | · | $603M | $398M | $575M | · | $515M | $0 | $42M | · | $56M | $321M | $332M | $316M | $472M | |
| Net Stock Activity | · | $0 | · | · | · | $657M | · | · | · | $-42M | · | · | · | $-332M | · | · | |
| Dividends Paid | $310M | $295M | $286M | $289M | $291M | $290M | $262M | $416M | $352M | $548M | $603M | $149M | $150M | $542M | $398M | $526M | |
| Financing Cash Flow | $-1.91B | $-1.10B | $-2.67B | $7M | $482M | $1.18B | $-695M | $419M | $4.93B | $-269M | $-405M | $-564M | $-950M | $-257M | $67M | $-1.23B | |
| Net Change in Cash | $288M | $70M | $-446M | $331M | $-1.82B | $1.88B | $-209M | $-6.54B | $6.01B | $314M | $-245M | $809M | $-32M | $-111M | $130M | $-25M | |
| Taxes Paid | · | · | · | $-292M | $-672M | $-252M | · | $69M | $-258M | $-2M | · | $-249M | · | · | $-1.28B | $198M |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 45.2% | 2.7% | · | 31.5% | 31.0% | 41.3% | · | 26.8% | 46.6% | 50.2% | · | 57.3% | 52.1% | 53.2% | · | 66.2% | |
| Net Margin | 33.8% | 0.59% | · | 25.9% | 19.0% | 34.7% | · | 24.9% | 33.7% | 34.5% | · | 39.1% | 29.0% | 37.0% | · | 48.6% | |
| Pretax Margin | 47.4% | 4.2% | · | 34.9% | 25.6% | 46.8% | · | 34.7% | 46.2% | 46.3% | · | 54.2% | 39.1% | 49.5% | · | 64.0% | |
| EBITDA Margin | 68.0% | 33.2% | · | 64.3% | 65.4% | 68.4% | · | 54.9% | 66.0% | 71.3% | · | 76.1% | 74.6% | 74.2% | · | 80.0% | |
| ROA | 2.6% | 0.04% | · | 1.4% | 1.3% | 2.8% | · | 1.4% | 2.6% | 2.7% | · | 3.5% | 2.2% | 2.8% | · | 5.1% | |
| ROE | 4.9% | 0.07% | · | 2.7% | 2.5% | 5.1% | · | 2.5% | 5.1% | 4.7% | · | 6.1% | 3.9% | 5.1% | · | 9.3% | |
| ROIC | 3.9% | 0.19% | · | 1.8% | 1.7% | 2.5% | · | 1.1% | 3.1% | 3.7% | · | 4.7% | 3.5% | 3.6% | · | 6.8% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.5 | 0.6 | · | 0.6 | 0.5 | 0.9 | · | 0.5 | 3.7 | 0.9 | · | 0.9 | 0.4 | 0.6 | · | 0.6 | |
| Quick Ratio | 0.4 | 0.4 | · | 0.3 | 0.4 | 0.7 | · | 0.4 | 3.6 | 0.8 | · | 0.8 | 0.3 | 0.3 | · | 0.4 | |
| Debt / Equity | 0.3 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | 0.3 | 0.7 | 0.4 | · | 0.4 | 0.4 | 0.5 | · | 0.4 | |
| LT Debt / Equity | 0.3 | 0.4 | · | 0.4 | 0.4 | 0.3 | · | 0.3 | 0.7 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | 0.4 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 3.8 | 2.7 | · | 3.2 | 3.7 | 3.9 | · | 2.7 | 4.0 | 3.3 | · | 3.2 | 2.6 | 2.4 | · | 3.5 |
Valuation (TTM) 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $17.40B | $15.89B | · | $14.29B | $12.85B | $11.40B | · | $9.70B | $8.97B | $8.41B | · | $8.62B | $9.05B | $9.54B | · | $9.52B | |
| Net Income TTM | $3.62B | $3.15B | · | $3.78B | $3.60B | $3.67B | · | $3.18B | $3.08B | $2.95B | · | $3.37B | $3.87B | $4.09B | · | $4.03B | |
| Market Cap | $49.32B | $55.64B | · | $41.05B | $40.00B | $45.93B | · | $50.47B | $35.71B | $35.34B | · | $27.69B | $23.54B | $24.55B | · | $21.16B | |
| Enterprise Value | $61.47B | $69.36B | · | $57.13B | $54.92B | $58.03B | · | $63.02B | $40.78B | $41.07B | · | $33.10B | $30.07B | $31.46B | · | $26.49B | |
| P/E | 13.9 | 18.3 | · | 10.3 | 9.1 | 9.4 | · | 10.0 | 11.7 | 12.2 | · | 8.3 | 6.1 | 5.9 | · | 5.3 | |
| P/S | 2.8 | 3.5 | · | 2.9 | 3.1 | 4.0 | · | 5.2 | 4.0 | 4.2 | · | 3.2 | 2.6 | 2.6 | · | 2.2 | |
| P/B | 1.3 | 1.5 | · | 1.1 | 1.0 | 1.2 | · | 1.3 | 2.0 | 2.1 | · | 1.7 | 1.5 | 1.6 | · | 1.5 | |
| P / Tangible Book | 1.3 | 1.5 | · | 1.1 | 1.0 | 1.2 | · | 1.3 | 2.0 | 2.1 | · | 1.7 | 1.5 | 1.6 | · | 1.5 | |
| P / Cash Flow | · | 30.4 | · | · | · | 19.5 | · | · | · | 26.5 | · | · | · | 17.2 | · | · | |
| EV / EBITDA | 16.2 | 49.2 | · | 22.7 | 22.8 | 20.9 | · | 43.4 | 24.9 | 25.9 | · | 18.6 | 21.0 | 22.0 | · | 13.6 | |
| EV / Revenue | 3.5 | 4.4 | · | 4.0 | 4.3 | 5.1 | · | 6.5 | 4.5 | 4.9 | · | 3.8 | 3.3 | 3.3 | · | 2.8 | |
| Earnings Yield | 7.2% | 5.5% | · | 9.7% | 11.0% | 10.6% | · | 10.0% | 8.5% | 8.2% | · | 12.1% | 16.4% | 16.9% | · | 18.7% | |
| Payout Ratio | · | 1180.0% | · | · | · | 20.6% | · | · | · | 71.4% | · | · | · | 76.1% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-06-30 | 2022-12-31 | |
|---|---|---|---|---|---|
| Revenue | $15.03B | $11.07B | $8.41B | — | $9.64B |
| Operating Margin % | 8.4% | 39.7% | 54.3% | — | 67.5% |
| Net Income | $1.66B | $3.34B | $3.14B | — | $4.39B |
| Diluted EPS | $5.73 | $15.53 | $17.34 | — | $24.61 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-06-30 | 2022-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.4 | 0.3 | 0.4 | — | 0.4 |
| Current Ratio | 0.4 | 0.4 | 0.8 | — | 0.8 |
| Quick Ratio | 0.3 | 0.3 | 0.6 | — | 0.5 |
Latest News Recent headlines mentioning this company
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Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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Institutional owners (13F) 1,327 filers · $22.6B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 144 (-81 vs prior Q) | 120 (+34 vs prior Q) | 445 (+32 vs prior Q) | 416 (-11 vs prior Q) | -3.5M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP | $2,787,083,657 | 15,855,522 | 12.34% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $2,245,590,730 | 12,775,007 | 9.94% | Shares |
| STATE STREET CORP | $2,208,187,735 | 12,562,224 | 9.78% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,706,227,906 | 9,706,610 | 7.55% | Shares |
| Capital World Investors | $1,572,339,268 | 8,944,927 | 6.96% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $831,754,042 | 4,751,881 | 3.68% | Shares |
| EnCap Energy Capital Fund XI, L.P. | $435,450,689 | 2,896,632 | 1.93% | Shares |
| D. E. Shaw & Co., Inc. | $385,615,793 | 2,193,741 | 1.71% | Shares |
| AMERICAN CENTURY COMPANIES INC | $378,187,994 | 2,151,482 | 1.67% | Shares |
| FMR LLC | $372,376,894 | 2,118,426 | 1.65% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $369,729,490 | 2,103,365 | 1.64% | Shares |
| Clearbridge Investments, LLC | $281,199,538 | 1,599,724 | 1.25% | Shares |
| FIL Ltd | $281,138,841 | 1,599,379 | 1.24% | Shares |
| Diamond Hill Capital Management, LLC (Investment Advisor) | $268,855,158 | 1,529,498 | 1.19% | Shares |
| Capital Research Global Investors | $258,938,354 | 1,473,082 | 1.15% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $239,227,791 | 1,360,950 | 1.06% | Shares |
| Bank of New York Mellon Corp | $221,376,453 | 1,259,395 | 0.98% | Shares |
| RAYMOND JAMES FINANCIAL INC | $213,912,571 | 1,216,934 | 0.95% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $191,950,354 | 1,091,992 | 0.85% | Shares |
| YACKTMAN ASSET MANAGEMENT LP | $178,260,959 | 1,014,114 | 0.79% | Shares |
| Smead Capital Management, Inc. | $177,535,807 | 1,009,989 | 0.79% | Shares |
| EnCap Energy Capital Fund XII, L.P. | $169,341,934 | 1,126,468 | 0.75% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $143,213,415 | 814,731 | 0.63% | Shares |
| GOLDMAN SACHS GROUP INC | $135,719,562 | 772,099 | 0.60% | Shares |
| Squarepoint Ops LLC | $128,730,198 | 732,337 | 0.57% | Shares |
| JANE STREET GROUP, LLC | $124,030,368 | 705,600 | 0.55% | Call option |
| GQG Partners LLC | $103,192,084 | 587,036 | 0.46% | Shares |
| VAN ECK ASSOCIATES CORP | $94,291,908 | 536,420 | 0.42% | Shares |
| Swiss National Bank | $94,147,592 | 535,599 | 0.42% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $91,627,786 | 521,264 | 0.41% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $90,046,923 | 512,271 | 0.40% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $87,182,310 | 495,974 | 0.39% | Shares |
| BLAIR WILLIAM & CO/IL | $80,267,270 | 456,635 | 0.36% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $79,781,620 | 453,872 | 0.35% | Shares |
| BANK OF AMERICA CORP /DE/ | $76,858,574 | 437,243 | 0.34% | Shares |
| UBS Group AG | $75,609,482 | 430,137 | 0.33% | Shares |
| Vanguard Global Advisers, LLC | $75,361,808 | 428,728 | 0.33% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $73,419,263 | 417,677 | 0.33% | Shares |
| Ninepoint Partners LP | $69,889,776 | 397,598 | 0.31% | Shares |
| Legal & General Group Plc | $65,314,397 | 371,569 | 0.29% | Shares |
| California Public Employees Retirement System | $63,966,342 | 363,900 | 0.28% | Shares |
| Cornerstone Investment Partners, LLC | $63,119,434 | 359,082 | 0.28% | Shares |
| TD Asset Management Inc | $63,055,802 | 358,720 | 0.28% | Shares |
| BANK OF MONTREAL /CAN/ | $62,651,156 | 356,418 | 0.28% | Shares |
| RHUMBLINE ADVISERS | $62,519,040 | 355,667 | 0.28% | Shares |
| UBS Group AG | $62,384,322 | 354,900 | 0.28% | Put option |
| NEW YORK STATE COMMON RETIREMENT FUND | $62,245,807 | 354,112 | 0.28% | Shares |
| FIRST TRUST ADVISORS LP | $60,570,619 | 344,582 | 0.27% | Shares |
| ANCHOR CAPITAL ADVISORS LLC | $60,461,082 | 343,959 | 0.27% | Shares |
| EARNEST PARTNERS LLC | $59,744,282 | 339,881 | 0.26% | Shares |
| ASSETMARK, INC | $59,528,942 | 338,656 | 0.26% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $58,271,070 | 331,500 | 0.26% | Shares |
| BARCLAYS PLC | $56,039,543 | 318,805 | 0.25% | Shares |
| ProShare Advisors LLC | $55,245,894 | 314,290 | 0.24% | Shares |
| National Pension Service | $53,864,617 | 306,432 | 0.24% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $53,781,649 | 305,960 | 0.24% | Shares |
| SEVEN GRAND MANAGERS, LLC | $52,734,000 | 300,000 | 0.23% | Shares |
| AMERIPRISE FINANCIAL INC | $52,174,317 | 296,816 | 0.23% | Shares |
| Assenagon Asset Management S.A. | $48,699,146 | 277,046 | 0.22% | Shares |
| LPL Financial LLC | $48,493,641 | 275,877 | 0.21% | Shares |
| Ninety One UK Ltd | $46,948,555 | 267,087 | 0.21% | Shares |
| Homestead Advisers Corp | $46,532,130 | 264,718 | 0.21% | Shares |
| UBS Group AG | $45,702,800 | 260,000 | 0.20% | Call option |
| Ghisallo Capital Management LLC | $43,945,000 | 250,000 | 0.19% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $42,908,563 | 216,940 | 0.19% | Shares |
| SCHWARTZ INVESTMENT COUNSEL INC | $41,607,126 | 236,700 | 0.18% | Shares |
| BlackRock, Inc. | $41,378,085 | 235,397 | 0.18% | Shares |
| ALLIANCEBERNSTEIN L.P. | $40,246,507 | 203,481 | 0.18% | Shares |
| FRANKLIN RESOURCES INC | $38,504,433 | 219,049 | 0.17% | Shares |
| Walleye Trading LLC | $37,687,232 | 214,400 | 0.17% | Call option |
| WESTFIELD CAPITAL MANAGEMENT CO LP | $37,390,041 | 212,709 | 0.17% | Shares |
| NEOS Investment Management LLC | $36,426,538 | 207,228 | 0.16% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $35,747,576 | 180,735 | 0.16% | Shares |
| Aptus Capital Advisors, LLC | $35,708,652 | 203,144 | 0.16% | Shares |
| Epoch Investment Partners, Inc. | $35,466,955 | 201,769 | 0.16% | Shares |
| Boston Partners | $35,372,629 | 201,212 | 0.16% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $31,499,600 | 179,199 | 0.14% | Shares |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | $31,466,729 | 179,012 | 0.14% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $31,176,741 | 177,293 | 0.14% | Shares |
| Brandywine Global Investment Management, LLC | $30,206,709 | 200,936 | 0.13% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $29,785,921 | 169,450 | 0.13% | Shares |
| AVIVA PLC | $29,254,011 | 166,424 | 0.13% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $29,077,879 | 165,422 | 0.13% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $29,038,000 | 165,194 | 0.13% | Shares |
| Waverly Advisors, LLC | $28,904,364 | 164,435 | 0.13% | Shares |
| TWO SIGMA ADVISERS, LP | $28,743,096 | 191,200 | 0.13% | Shares |
| KING LUTHER CAPITAL MANAGEMENT CORP | $28,401,302 | 161,573 | 0.13% | Shares |
| Gotham Asset Management, LLC | $27,769,373 | 157,978 | 0.12% | Shares |
| Quantinno Capital Management LP | $27,643,960 | 157,264 | 0.12% | Shares |
| Dana Investment Advisors, Inc. | $27,314,220 | 155,389 | 0.12% | Shares |
| JANE STREET GROUP, LLC | $27,069,241 | 153,995 | 0.12% | Shares |
| CITADEL ADVISORS LLC | $26,894,340 | 153,000 | 0.12% | Put option |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $26,511,792 | 150,826 | 0.12% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $26,374,706 | 146,599 | 0.12% | Shares |
| TruWealth Advisors, LLC | $26,282,307 | 132,880 | 0.12% | Shares |
| CIBC Private Wealth Group LLC | $26,063,907 | 182,138 | 0.12% | Shares |
| Townsend & Associates, Inc | $24,883,988 | 127,362 | 0.11% | Shares |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC | $24,737,344 | 140,729 | 0.11% | Shares |
| Corigliano Investment Advisers, LLC | $24,506,181 | 123,900 | 0.11% | Shares |
| TORTOISE CAPITAL ADVISORS, L.L.C. | $23,193,116 | 131,944 | 0.10% | Shares |
Company insiders 23 insiders · 11 officers · 9 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Travis D. Stice | Chief Executive Officer | Feb. 22, 2019 F | 374,968 | 0 | 0 | $0 |
| Michael L. Hollis | President and COO | Feb. 22, 2019 F | 119,830 | 0 | 0 | $0 |
| Teresa L. Dick | CAO, Exec. VP, Assist. Sec. | June 4, 2026 S | 80,755 | 0 | 2 | $-2,431,301 |
| Jennifer Soliman | Sr. VP and Chief HR Officer | Feb. 22, 2019 F | 1,373 | 0 | 0 | $0 |
| Thomas F. Hawkins | Sr. VP - Land | Feb. 22, 2019 F | 9,364 | 0 | 0 | $0 |
| Russell Pantermuehl | Executive VP Reservoir Engineering | Feb. 22, 2019 F | 108,744 | 0 | 0 | $0 |
| Paul Molnar | Executive VP Exploration & Business Development | Feb. 22, 2019 F | 51,583 | 0 | 0 | $0 |
| Randall J Holder | Executive Vice President | Feb. 22, 2019 F | 17,022 | 0 | 0 | $0 |
| Jeffrey L. White | VP Operations | May 18, 2015 S | 15,764 | 0 | 0 | $0 |
| Elizabeth Moses | VP Land | March 13, 2015 S | 15,455 | 0 | 0 | $0 |
| William W. Franklin | VP Land | Sept. 16, 2013 M | 5,792 | 0 | 0 | $0 |
| Charles Alvin Meloy | Director | Aug. 3, 2026 S | 818,197 | 0 | 13 | $-84,714,478 |
| Mark Lawrence Plaumann | Director | June 9, 2026 S | 13,437 | 0 | 1 | $-98,250 |
| Steven E West | Director | Aug. 28, 2016 A | 1,359 | 0 | 0 | $0 |
| Cross Michael P | Director | July 15, 2014 A | 9,468 | 0 | 0 | $0 |
| David L Houston | Director | July 15, 2014 A | 9,468 | 0 | 0 | $0 |
| GULFPORT ENERGY CORP | Director | June 27, 2014 S | 2,379,500 | 0 | 0 | $0 |
| Paul M. Jacobi | Director | Oct. 11, 2012 A | — | 0 | 0 | $0 |
| Diamondback Energy, Inc. | 10% owner | March 19, 2026 C | 510,071 | 0 | 2 | $-589,463,824 |
| DB Energy Holdings LLC | 10% owner | Nov. 15, 2013 S | 10,105,481 | 0 | 0 | $0 |
| Jere W Thompson III | — | Aug. 14, 2026 S | 18,475 | 0 | 1 | $-102,070 |
| Matt Zmigrosky | — | Aug. 14, 2026 S | 38,892 | 0 | 3 | $-2,559,625 |
| Hof Matthew Kaes Van'T | — | Aug. 11, 2026 S | 125,940 | 0 | 2 | $-2,037,300 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 5 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Diamondback Energy, Inc., Diamondback E&P LLC, Endeavor Energy Resources, L.P. ×15 filings | Aug. 5, 2026 | 42.20% | Amendment | — | SEC |
| SGF FANG Holdings, LP, Greth Lyndal ×5 filings | June 5, 2026 | 26.30% | Amendment | — | SEC |
| Autry Stephens Management Trust, ACS Capital Management, LLC, ACS Capital Holdings, LP, Endeavor Manager, LLC, Stephens Family Trust, Stephens Family Trust #2, SFT Management, LLC, SFT 1 Holdings, LLC, SFT 2 Holdings, LLC, Lyndal Stephens Greth ×2 filings | Sept. 24, 2024 | — | Initial filing | — | SEC |
| DB Energy Holdings LLC, Wexford Spectrum Fund, L.P., Wexford Catalyst Fund, L.P., Spectrum Intermediate Fund Limited, Catalyst Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs ×10 filings | March 5, 2015 | — | Initial filing | — | SEC |
| Wexford Capital LP (2), Wexford GP LLC (2), Charles E. Davidson (2), Joseph M. Jacobs (2), DB Energy Holdings LLC (2) | Oct. 22, 2012 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 211 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| TNGY · Tortoise Capital Series Trust | 4.78% | 132,688 NS | May 31, 2026 | N-PORT |
| LNGX · Global X Funds | 4.49% | 13,433 NS | May 31, 2026 | N-PORT |
| QQQA · ProShares Trust | 3.63% | 8,610 NS | May 31, 2026 | N-PORT |
| FXN · First Trust Exchange-Traded AlphaDE… | 2.59% | 152,856 NS | April 30, 2026 | N-PORT |
| EQRR · ProShares Trust | 2.47% | 8,003 NS | May 31, 2026 | N-PORT |
| MGNR · AMERICAN BEACON SELECT FUNDS | 2.30% | 89,123 NS | April 30, 2026 | N-PORT |
| ELCV · Strategy Shares | 2.05% | 22,049 NS | April 30, 2026 | N-PORT |
| GUSH · Direxion Shares ETF Trust | 2.00% | 28,895 NS | April 30, 2026 | N-PORT |
| COWZ · Pacer Funds Trust | 1.98% | 1,753,120 NS | April 30, 2026 | N-PORT |
| QQWZ · Pacer Funds Trust | 1.98% | 4,497 NS | April 30, 2026 | N-PORT |
| QQQG · Pacer Funds Trust | 1.96% | 1,074 NS | April 30, 2026 | N-PORT |
| SMRI · EA Series Trust | 1.93% | 50,721 NS | April 30, 2026 | N-PORT |
| FLOW · Global X Funds | 1.78% | 2,665 NS | May 31, 2026 | N-PORT |
| EPSV · Harbor ETF Trust | 1.70% | 413 NS | April 30, 2026 | N-PORT |
| GXPE · Global X Funds | 1.69% | 174 NS | May 31, 2026 | N-PORT |
| MMID · MFS Active Exchange Traded Funds Tr… | 1.65% | 2,926 NS | May 31, 2026 | N-PORT |
| FENY · FIDELITY COVINGTON TRUST | 1.52% | 150,049 NS | April 30, 2026 | N-PORT |
| ERX · Direxion Shares ETF Trust | 1.48% | 19,875 NS | April 30, 2026 | N-PORT |
| NRES · DBX ETF Trust | 1.44% | 2,776 NS | May 31, 2026 | N-PORT |
| DIG · ProShares Trust | 1.41% | 5,496 NS | May 31, 2026 | N-PORT |
| COWG · Pacer Funds Trust | 1.33% | 140,205 NS | April 30, 2026 | N-PORT |
| CGMM · Capital Group Equity ETF Trust I | 1.16% | 169,145 NS | May 31, 2026 | N-PORT |
| QFLR · Innovator ETFs Trust | 1.05% | 25,866 NS | April 30, 2026 | N-PORT |
| WBIL · Absolute Shares Trust | 0.99% | 1,723 NS | June 30, 2026 | N-PORT |
| QQQE · Direxion Shares ETF Trust | 0.96% | 56,865 NS | April 30, 2026 | N-PORT |
| BKDV · BNY Mellon ETF Trust II | 0.90% | 60,293 NS | April 30, 2026 | N-PORT |
| JOET · Virtus ETF Trust II | 0.83% | 9,522 NS | April 30, 2026 | N-PORT |
| CGDV · Capital Group Dividend Value ETF | 0.81% | 1,485,468 NS | May 31, 2026 | N-PORT |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.72% | 45,781 NS | April 30, 2026 | N-PORT |
| AVMV · AMERICAN CENTURY ETF TRUST | 0.70% | 22,749 NS | May 31, 2026 | N-PORT |
| SOVF · Elevation Series Trust | 0.64% | 2,938 NS | April 30, 2026 | N-PORT |
| ABCS · EA Series Trust | 0.63% | 375 NS | May 29, 2026 | N-PORT |
| ACIO · ETF Series Solutions | 0.58% | 64,715 NS | April 30, 2026 | N-PORT |
| ADME · ETF Series Solutions | 0.58% | 7,457 NS | April 30, 2026 | N-PORT |
| ESLV · Strategy Shares | 0.55% | 312 NS | April 30, 2026 | N-PORT |
| EIPX · First Trust Exchange-Traded Fund IV | 0.53% | 13,735 NS | April 30, 2026 | N-PORT |
| AVIE · AMERICAN CENTURY ETF TRUST | 0.49% | 264 NS | May 31, 2026 | N-PORT |
| DFLV · Dimensional ETF Trust | 0.46% | 132,198 NS | April 30, 2026 | N-PORT |
| CGGR · Capital Group Growth ETF | 0.40% | 504,895 NS | May 31, 2026 | N-PORT |
| GUNR · FlexShares Trust | 0.39% | 142,012 NS | April 30, 2026 | N-PORT |
| AVLV · AMERICAN CENTURY ETF TRUST | 0.37% | 250,800 NS | May 31, 2026 | N-PORT |
| FTLS · First Trust Exchange-Traded Fund III | 0.36% | 40,490 NS | April 30, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.36% | 2,415 NS | April 30, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.34% | 24,844 NS | April 30, 2026 | N-PORT |
| PALC · Pacer Funds Trust | 0.32% | 3,621 NS | April 30, 2026 | N-PORT |
| QYLG · Global X Funds | 0.30% | 2,078 NS | April 30, 2026 | N-PORT |
| QCLR · Global X Funds | 0.30% | 58 NS | April 30, 2026 | N-PORT |
| QRMI · Global X Funds | 0.29% | 229 NS | April 30, 2026 | N-PORT |
| QYLD · Global X Funds | 0.29% | 116,457 NS | April 30, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.29% | 201,068 NS | April 30, 2026 | N-PORT |