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Diamondback Energy forward PE FANG

Share price divided by analysts' consensus earnings for the next twelve months, since 2012.

Today, Oct 23, 2026
9.8×
10-year median
11.6×
Against its 10-year history
46th
percentile: 0 is its lowest day, 100 its highest
10-year range
3.2× to 41.0×
Peer median
12.3×

Diamondback Energy's forward PE is 9.8× as of Oct 23, 2026.

That is below its ten-year median of 11.6×, close to the middle of its last ten years.

Over that time it ranged from 3.2× in Nov 2020 to 41.0× in Oct 2016.

The median for 10 oil and gas producers of a similar size is 12.3×.

Forward PE over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far9.8×7.7×10.3×
20258.6×8.4×13.6×
202412.0×8.5×14.0×
20238.8×6.9×8.9×
20227.4×4.8×8.9×
20215.1×3.9×9.0×
20206.3×3.2×30.3×
201925.9×14.4×25.9×
201814.3×13.8×22.0×
201720.6×15.1×35.0×
201633.1×31.3×97.3×
201574.3×38.2×88.7×
201438.5×20.4×46.4×
201323.2×19.4×53.3×
201223.5×20.7×23.7×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Diamondback Energy's size, closest first, today.

CompanyForward PE
FANGDiamondback Energy9.8×
DVNDevon Energy9.5×
OXYOccidental Petroleum11.9×
EOGEOG Resources9.4×
EQTEQT17.8×
TPLTexas Pacific Land33.9×
EXEExpand Energy12.3×
PRPermian Resourcesn/m
OVVOvintivn/m
COPConocoPhillips12.7×
APAAPAn/m
Peer median12.3×

Where Diamondback Energy ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Diamondback Energy

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.