Daniel Wesson - Diamondback Energy Senior Vice President of Operations

FANG Stock  USD 176.19  0.22  0.13%   

President

Mr. Daniel N. Wesson is Senior Vice President of Operations of the company. Mr. Wesson has served as Senior Vice President of Operations since February 2019. Prior to his current position with us, he served as our Vice President of Operations from April 2017 to February 2019, our Completions Manager from January 2013 to April 2017 and as an Operations Engineer since joining us in February 2012. Before joining Diamondback, Mr. Wesson served in various operations and engineering roles for BOPCO from 2010 to 2012 and ConocoPhillips from 2007 to 2010 since 2019.
Age 40
Tenure 5 years
Address 500 West Texas Avenue, Midland, TX, United States, 79701
Phone432 221 7400
Webhttps://www.diamondbackenergy.com
Wesson received his BS degree in Mechanical Engineering from Louisiana State University and is a member of the Permian Basin Society of Petroleum Engineers.

Daniel Wesson Latest Insider Activity

Tracking and analyzing the buying and selling activities of Daniel Wesson against Diamondback Energy stock is an integral part of due diligence when investing in Diamondback Energy. Daniel Wesson insider activity provides valuable insight into whether Diamondback Energy is net buyers or sellers over its current business cycle. Note, Diamondback Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell Diamondback Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Diamondback Energy Management Efficiency

The company has return on total asset (ROA) of 0.062 % which means that it generated a profit of $0.062 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1227 %, meaning that it created $0.1227 on every $100 dollars invested by stockholders. Diamondback Energy's management efficiency ratios could be used to measure how well Diamondback Energy manages its routine affairs as well as how well it operates its assets and liabilities. The Diamondback Energy's current Return On Tangible Assets is estimated to increase to 0.11. The Diamondback Energy's current Return On Capital Employed is estimated to increase to 0.18. At this time, Diamondback Energy's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Diamondback Energy's current Total Current Assets is estimated to increase to about 1.7 B, while Intangibles To Total Assets are projected to decrease to 0.
Diamondback Energy currently holds 6.8 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Diamondback Energy has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Diamondback Energy's use of debt, we should always consider it together with its cash and equity.

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Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas. Diamondback Energy operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 870 people. Diamondback Energy (FANG) is traded on NASDAQ Exchange in USA. It is located in 500 West Texas Avenue, Midland, TX, United States, 79701 and employs 1,023 people. Diamondback Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Diamondback Energy Leadership Team

Elected by the shareholders, the Diamondback Energy's board of directors comprises two types of representatives: Diamondback Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Diamondback. The board's role is to monitor Diamondback Energy's management team and ensure that shareholders' interests are well served. Diamondback Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Diamondback Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Hawkins, Senior Vice President—Land
Matt Zmigrosky, Executive Vice President General Counsel, Secretary
Matthew Hof, President CFO
Jere III, Executive Development
Travis Stice, CEO and President and Director
Daniel Wesson, Senior Vice President of Operations
Teresa Dick, Executive Officer
Marc IV, Senior Affairs
Adam Lawlis, IR Contact Officer
David Cannon, Senior Vice President of Geoscience and Technology
Greg Dolezal, VP Officer
Russell Pantermuehl, VP of Reservoir Engineering
Teresa CPA, Executive Officer
Johnny Dossey, Vice Marketing
David Meek, Vice Resources

Diamondback Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Diamondback Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.