Diamondback Change To Inventory from 2010 to 2024

FANG Stock  USD 159.71  0.43  0.27%   
Diamondback Energy's Change To Inventory is increasing over the last several years with slightly volatile swings. Change To Inventory is estimated to finish at about 376.7 M this year. Change To Inventory is the increase or decrease in the amount of inventory Diamondback Energy has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2009-12-31
Previous Quarter
171 M
Current Value
-243 M
Quarterly Volatility
97.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondback Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondback Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 185.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 3.15, Dividend Yield of 0.0543 or PTB Ratio of 2.35. Diamondback financial statements analysis is a perfect complement when working with Diamondback Energy Valuation or Volatility modules.
  
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

Latest Diamondback Energy's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Diamondback Energy over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Diamondback Energy's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondback Energy's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Diamondback Change To Inventory Regression Statistics

Arithmetic Mean82,635,405
Coefficient Of Variation198.98
Mean Deviation138,266,451
Median83,048
Standard Deviation164,428,026
Sample Variance27036.6T
Range477.7M
R-Value0.71
Mean Square Error14496.7T
R-Squared0.50
Significance0
Slope26,053,205
Total Sum of Squares378512.1T

Diamondback Change To Inventory History

2024376.7 M
2023358.8 M
2022312 M
2021320 M
2020-101 M
2019-10 M
2018-14.8 M

About Diamondback Energy Financial Statements

Diamondback Energy stakeholders use historical fundamental indicators, such as Diamondback Energy's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Diamondback Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Diamondback Energy's assets and liabilities are reflected in the revenues and expenses on Diamondback Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Diamondback Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory358.8 M376.7 M

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 the analysis of Diamondback Energy Correlation against competitors.
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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
17.33
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.