FANGDiamondback Energy
Is it safe?
Solid, nothing alarming. Balance sheet to watch.
Mixed, watch the balance sheet Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net sellers (-$3.8B, 90 days to Oct 8, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -89% · now 10% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can FANG take a bad year?
Diamondback Energy carries $12.2B of net debt at 1.92× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.92×
Net debt / EBITDA · 1.62× a year ago · the load is going up
- Altman Z-score
- 1.43
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 0.33×
Debt / equity
Details›
- Total debtQ2 2026
- $12.6B
- Cash and short-term investments
- $462M
- Net debt
- $12.2B
- EBITDA, trailing twelve months
- $6.32B
- Operating profit, trailing twelve months
- $1.08B
- Debt / equity
- 0.33×
- Total debt / EBITDA
- 2.00×
- Annualised volatilitytwo years of daily moves
- 36%
- Worst drawdown on file
- −89%
- Below its 52-week high
- 9.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas E&P
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