From Financial Modeling Prep: 2024-11-04 22:00:03

Diamondback Energy, Inc. (NASDAQ:FANG) operates in the oil and gas sector, focusing on exploration and production in the Permian Basin. Despite missing the EPS estimate at $3.38 (vs. $3.80), the company exceeded revenue expectations at $2.65 billion (vs. $2.43 billion). Key financial ratios like the P/E ratio of 11.42 and debt-to-equity ratio of 0.35 indicate FANG’s market valuation and financial health.



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