DIVIDEND ANNOUNCEMENT: Diamondback Energy, Inc. (NASDAQ:FANG) on 05/01/2023 declared a dividend of $0.8300 per share

Diamondback Energy, Inc. (NASDAQ:FANG) on 05/01/2023 declared a dividend of $ 0.8300 per share payable on May 18, 2023 to shareholders of record as of May 11, 2023. Dividend amount recorded is a decrease of $ 2.12 from last dividend Paid.

Diamondback Energy, Inc. (NASDAQ:FANG) has paid dividends since 2018, has a current dividend yield of 2.2503516674% and has increased its dividends for 4 successive years.

Diamondback Energy, Inc.'s market cap is $ 26,106,498,000 and has a PE ratio of 5.78. The stock price closed yesterday at $ 142.20 and has a 52 week low/high of $ 103.71 and $ 168.95.

Diamondback Energy is an independent oil and natural gas company. Co. operates in the following segments: the upstream segment, which is engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas; and (ii) through its subsidiary, Rattler Midstream LP, the midstream operations segment, which is focused on ownership, operation, development and acquisition of the midstream infrastructure assets in the Midland and Delaware Basins of the Permian Basin.

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