Diamondback Energy Inc

Diamondback Energy Inc FANG

Dividend Summary

The next Diamondback Energy Inc dividend is expected to go ex in 21 days and to be paid in 29 days.
The previous Diamondback Energy Inc dividend was 37.5c and it went ex 2 months ago and it was paid 2 months ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 11.1.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 37.5c Sign Up Required
Declaration date 03 Aug 2020 (Mon) 03 Nov 2020 (Tue)
Ex-div date 12 Aug 2020 (Wed) 12 Nov 2020 (Thu)
Pay date 20 Aug 2020 (Thu) 20 Nov 2020 (Fri)

Enter the number of Diamondback Energy Inc shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
64%
Our premium tools have predicted Diamondback Energy Inc with 64% accuracy.
Dividend Yield Today
5.4%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Diamondback Energy Inc
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 11 Feb 2025 24 Feb 2025 04 Mar 2025 USD Sign up
Forecast Quarterly 29 Oct 2024 08 Nov 2024 15 Nov 2024 USD Sign up
Forecast Quarterly 29 Jul 2024 07 Aug 2024 15 Aug 2024 USD Sign up
Forecast Quarterly 29 Apr 2024 08 May 2024 16 May 2024 USD Sign up
Forecast Quarterly 13 Feb 2024 26 Feb 2024 05 Mar 2024 USD Sign up
Forecast Quarterly 31 Oct 2023 10 Nov 2023 17 Nov 2023 USD Sign up
Forecast Quarterly 31 Jul 2023 09 Aug 2023 17 Aug 2023 USD Sign up
Forecast Quarterly 01 May 2023 10 May 2023 18 May 2023 USD Sign up
Forecast Quarterly 14 Feb 2023 27 Feb 2023 07 Mar 2023 USD Sign up
Forecast Quarterly 01 Nov 2022 10 Nov 2022 18 Nov 2022 USD Sign up
Forecast Quarterly 01 Aug 2022 10 Aug 2022 18 Aug 2022 USD Sign up
Forecast Quarterly 02 May 2022 11 May 2022 19 May 2022 USD Sign up
Forecast Quarterly 15 Feb 2022 28 Feb 2022 08 Mar 2022 USD Sign up
Forecast Quarterly 02 Nov 2021 10 Nov 2021 19 Nov 2021 USD Sign up
Forecast Quarterly 02 Aug 2021 11 Aug 2021 19 Aug 2021 USD Sign up
Forecast Quarterly 03 May 2021 12 May 2021 20 May 2021 USD Sign up
Forecast Quarterly 16 Feb 2021 01 Mar 2021 09 Mar 2021 USD Sign up
Forecast Quarterly 03 Nov 2020 12 Nov 2020 20 Nov 2020 USD Sign up
Paid Quarterly 03 Aug 2020 12 Aug 2020 20 Aug 2020 USD 20c 37.5c 😖
Paid Quarterly 04 May 2020 13 May 2020 21 May 2020 USD 20c 37.5c 😖
Paid Quarterly 18 Feb 2020 02 Mar 2020 10 Mar 2020 USD 18.75c 37.5c 😖
Paid Quarterly 05 Nov 2019 14 Nov 2019 22 Nov 2019 USD 18.75c 18.75c 😄
Paid Quarterly 06 Aug 2019 15 Aug 2019 26 Aug 2019 USD 18.75c 18.75c 😄
Paid Quarterly 07 May 2019 24 May 2019 04 Jun 2019 USD 18.75c
Paid Quarterly 20 Feb 2019 28 Feb 2019 USD 12.5c
Paid Quarterly 06 Nov 2018 16 Nov 2018 26 Nov 2018 USD 12.5c
Paid Quarterly 08 Aug 2018 17 Aug 2018 27 Aug 2018 USD 12.5c
Paid Quarterly 08 May 2018 18 May 2018 29 May 2018 USD 12.5c
Year Amount Change
2006 0.0c
2007 0.0c
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0%
2008 0.0c
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0%
2009 0.0c
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0%
2010 0.0c
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0%
2011 0.0c
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0%
2012 0.0c
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0%
2013 0.0c
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0%
2014 0.0c
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0%
2015 0.0c
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0%
2016 0.0c
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0%
2017 0.0c
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0%
2018 50.0c
arrow_upward
100%
2019 93.75c
arrow_upward
87.5%
2020 Sign Up Required
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

Diamondback Energy Inc Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
5.4%
Optimized Yield
Sign Up Required
52 Week High
11.0% on 18 March 2020
52 Week Low
0.8% on 15 November 2019
Next Ex-Div-Date Countdown
Sign Up Required

About Diamondback Energy Inc

Diamondback Energy, Inc., incorporated on December 30, 2011, is an independent oil and natural gas company. The Company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2016, the Company's total net acreage position in the Permian Basin was approximately 105,894 net acres. As of December 31, 2016, the Company, through its subsidiary, Viper Energy Partners LP (Viper), owned mineral interests underlying approximately 107,568 gross acres primarily in Midland County, Texas in the Permian Basin. The Permian Basin area covers a portion of western Texas and eastern New Mexico.

The Company's reserves are located in the Permian Basin of West Texas, in particular in the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. The Company refers to the Clearfork, Spraberry, Wolfcamp, Strawn and Atoka formations collectively as the Wolfberry play. As of December 31, 2016, the Company's oil and natural gas reserves were 205,457 thousand barrels of oil equivalent (MBOE) (including estimated reserves of 31,435 MBOE attributable to the mineral interests owned by Viper) and of these reserves, approximately 57.9% were classified as proved developed producing. As of December 31, 2016, proved undeveloped (PUD) reserves included in this estimate were from 120 gross (102 net) horizontal well locations, in which the Company had a working interest, and 14 horizontal wells, in which it owned a mineral interest through its subsidiary, Viper. As of December 31, 2016, its estimated proved reserves were approximately 68% oil, 18% natural gas liquids and 14% natural gas. As of December 31, 2016, the Company had working interests in 998 gross (792 net) producing wells.

During the fiscal year ended December 31, 2016 (Fiscal 2016), net production from its Permian Basin acreage was 15,749,436 barrels of oil equivalent (BOE), or an average of 43,031 barrels of oil equivalent per day (BOE/d), of which approximately 73% was oil, 16% was natural gas liquids and 11% was natural gas. As of December 31, 2016, the Company's PUD reserves totaled 59,717 thousand barrels (MBbls) of oil, 69,497 million cubic feet (MMcf) of natural gas and 15,054 MBbls of natural gas liquids, for a total of 86,354 MBOE. During Fiscal 2016, it drilled 73 gross (61 net) horizontal wells and two gross (one net) vertical wells, and participated in the drilling of 19 gross (five net) non-operated wells in the Permian Basin.

Sector
Oil & Gas Producers
Country
United States
Share Price
$27.71 (yesterday's closing price)
Shares in Issue
165 million
Market Cap
$4.6bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
11.1
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
2
Market Indices
S&P 500
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