How Is Diamondback Energy's Stock Performance Compared to Other Energy Stocks?

Midland, Texas-based Diamondback Energy, Inc. (FANG) operates as an independent oil and gas exploration & production company, with its primary focus on the Permian Basin. Valued at $45.4 billion by market cap, the upstream operator focuses on growth through a combination of acquisitions and active drilling activities. Companies worth $10 billion or more are generally described as "large-cap stocks." Diamondback fits right into that category, with its market cap exceeding this threshold, reflecting its sub ...