Diamondback Energy

Diamondback Energy is another oil stock on my list of the best oil stocks to buy. Diamondback is a privately held oil and gas company headquartered in Midland, Texas.


The company's primary focus is the acquisition, development, and exploration of onshore oil and natural gas reserves in West Texas' Permian Basin.


Diamondback Energy's stock is traded on the NasdaqGS as FANG and is currently trading at $41.57 +1.05 (+2.59 percent) with a volume of 553,294.


Furthermore, the stock previously closed at $40.52 and has a market capitalization of $6.524 billion.


Diamondback Energy announced its third-quarter fiscal reports for 2021 on November 2, 2021, and declared a cash dividend of $0.375 per share payable on November 19, 2021.


Founded: 2007
Website: ir.diamondbackenergy.com

Revenue: 2,813B
Market Cap: 23.169B

Photo: Getty Images
Photo: Getty Images
Photo: cbs7
Photo: cbs7

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