Diamondback Free Cash Flow vs Begin Period Cash Flow Analysis

FANG Stock  USD 185.29  2.59  1.42%   
Diamondback Energy financial indicator trend analysis is much more than just examining Diamondback Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamondback Energy is a good investment. Please check the relationship between Diamondback Energy Free Cash Flow and its Begin Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

Free Cash Flow vs Begin Period Cash Flow

Free Cash Flow vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamondback Energy Free Cash Flow account and Begin Period Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Diamondback Energy's Free Cash Flow and Begin Period Cash Flow is -0.19. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Diamondback Energy, assuming nothing else is changed. The correlation between historical values of Diamondback Energy's Free Cash Flow and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Diamondback Energy are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Free Cash Flow i.e., Diamondback Energy's Free Cash Flow and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Diamondback Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamondback Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.At this time, Diamondback Energy's Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense199M159M177M185.9M
Depreciation And Amortization1.3B1.3B1.7B1.8B

Diamondback Energy fundamental ratios Correlations

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0.980.880.970.960.980.990.770.240.980.440.240.950.910.990.960.90.990.950.760.760.930.291.00.830.98
0.860.880.910.840.860.870.660.220.860.390.220.890.730.890.930.720.890.930.720.620.850.20.880.910.86
0.980.970.910.970.980.960.870.230.980.410.230.970.850.980.960.820.990.980.770.790.960.190.970.910.98
1.00.960.840.971.00.940.880.260.990.440.260.950.850.980.950.880.980.960.80.720.980.10.960.881.0
1.00.980.860.981.00.970.860.211.00.430.210.960.870.990.960.880.990.960.760.740.980.160.980.871.0
0.970.990.870.960.940.970.760.090.970.410.090.940.890.980.960.880.980.930.660.750.930.320.990.830.97
0.860.770.660.870.880.860.760.240.860.330.240.810.620.820.760.630.830.830.690.810.890.00.770.790.87
0.250.240.220.230.260.210.090.240.210.251.00.220.230.230.20.270.230.260.780.180.19-0.10.240.190.22
1.00.980.860.980.991.00.970.860.210.430.210.960.870.990.960.880.990.960.760.740.980.170.980.871.0
0.440.440.390.410.440.430.410.330.250.430.250.440.430.430.380.460.430.40.450.260.390.10.440.390.43
0.250.240.220.230.260.210.090.241.00.210.250.220.230.230.20.270.230.260.780.180.19-0.10.240.190.22
0.960.950.890.970.950.960.940.810.220.960.440.220.870.970.970.840.970.980.780.650.950.10.950.950.96
0.880.910.730.850.850.870.890.620.230.870.430.230.870.880.840.960.880.820.690.590.780.310.910.70.86
0.990.990.890.980.980.990.980.820.230.990.430.230.970.880.970.881.00.970.770.750.970.210.990.880.99
0.960.960.930.960.950.960.960.760.20.960.380.20.970.840.970.830.980.980.750.640.950.110.960.920.96
0.890.90.720.820.880.880.880.630.270.880.460.270.840.960.880.830.870.80.720.560.790.30.90.680.88
0.990.990.890.990.980.990.980.830.230.990.430.230.970.881.00.980.870.970.770.760.970.210.990.880.99
0.960.950.930.980.960.960.930.830.260.960.40.260.980.820.970.980.80.970.80.690.960.050.950.940.96
0.790.760.720.770.80.760.660.690.780.760.450.780.780.690.770.750.720.770.80.520.75-0.020.770.730.77
0.740.760.620.790.720.740.750.810.180.740.260.180.650.590.750.640.560.760.690.520.710.480.750.560.75
0.980.930.850.960.980.980.930.890.190.980.390.190.950.780.970.950.790.970.960.750.710.040.930.920.98
0.160.290.20.190.10.160.320.0-0.10.170.1-0.10.10.310.210.110.30.210.05-0.020.480.040.28-0.020.15
0.981.00.880.970.960.980.990.770.240.980.440.240.950.910.990.960.90.990.950.770.750.930.280.840.98
0.880.830.910.910.880.870.830.790.190.870.390.190.950.70.880.920.680.880.940.730.560.92-0.020.840.88
1.00.980.860.981.01.00.970.870.221.00.430.220.960.860.990.960.880.990.960.770.750.980.150.980.88
Click cells to compare fundamentals

Diamondback Energy Account Relationship Matchups

Diamondback Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.5B17.6B22.9B26.2B29.0B30.5B
Short Long Term Debt Total5.5B5.8B6.7B6.2B6.8B7.1B
Other Current Liab27M917M1.3B1.5B1.5B1.6B
Total Current Liabilities1.3B1.2B1.4B1.7B2.1B2.2B
Total Stockholder Equity13.2B8.8B12.1B15.0B16.6B17.5B
Property Plant And Equipment Net21.8B16.2B20.6B23.8B26.7B28.0B
Net Debt5.2B5.7B6.0B6.1B6.2B6.5B
Accounts Payable179M71M36M127M261M274.1M
Cash123M104M654M157M582M611.1M
Non Current Assets Total22.7B17.0B21.5B24.8B27.4B28.7B
Non Currrent Assets Other90M96M88M428M132M138.6M
Cash And Short Term Investments123M104M654M157M582M611.1M
Net Receivables615M437M671M1.0B847M889.4M
Common Stock Shares Outstanding163.8M158.0M177.4M176.5M180.0M102.4M
Liabilities And Stockholders Equity23.5B17.6B22.9B26.2B29.0B30.5B
Non Current Liabilities Total7.4B6.6B8.2B8.8B9.5B9.9B
Inventory37M33M62M67M63M66.2M
Other Stockholder Equity12.4B12.7B14.1B14.2B14.1B7.5B
Total Liab8.6B7.8B9.7B10.5B11.6B12.1B
Property Plant And Equipment Gross21.8B16.2B34.2B38.6B43.1B45.3B
Total Current Assets869M602M1.4B1.4B1.6B1.7B
Accumulated Other Comprehensive Income(37.1M)(74K)(5.0B)(7M)(8M)(8.4M)
Short Term Debt119M191M45M10M206M216.3M
Other Liab2.0B955M1.6B2.4B2.8B2.9B
Other Assets333M16.9B220M492M565.8M537.5M
Long Term Debt5.4B5.6B6.6B6.2B6.6B7.0B
Other Current Assets43M28M59M162M129M135.5M
Property Plant Equipment21.8B16.2B20.6B23.8B27.3B28.7B
Net Tangible Assets13.2B8.8B12.1B15.0B17.3B18.1B
Current Deferred Revenue938M725M1.2B64M106M100.7M
Noncontrolling Interest In Consolidated Entity1.7B1.0B1.2B681M783.2M608.7M
Retained Earnings890M(3.9B)(2.0B)801M2.5B2.6B
Retained Earnings Total Equity890M(3.9B)(2.0B)801M720.9M756.9M
Long Term Debt Total5.4B5.6B6.6B6.2B7.2B7.5B
Capital Surpluse12.4B12.7B14.1B14.2B16.3B17.2B
Deferred Long Term Liab1.9B840M1.4B2.2B2.5B2.7B

Currently Active Assets on Macroaxis

When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Dividend Share
8.29
Earnings Share
17.34
Revenue Per Share
49.46
Quarterly Revenue Growth
0.087
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.