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Diamondback Energy (BSP:F1AN34) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Diamondback Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Diamondback Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Diamondback Energy's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Diamondback Energy Cyclically Adjusted Price-to-FCF Chart

Diamondback Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Diamondback Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Diamondback Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Diamondback Energy's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diamondback Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Diamondback Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Diamondback Energy's Cyclically Adjusted Price-to-FCF falls into.



Diamondback Energy Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Diamondback Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Diamondback Energy's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.98/131.7762*131.7762
=7.980

Current CPI (Mar. 2024) = 131.7762.

Diamondback Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.792 100.560 -1.038
201409 -13.479 100.428 -17.686
201412 -2.019 99.070 -2.686
201503 -1.458 99.621 -1.929
201506 -10.734 100.684 -14.049
201509 0.982 100.392 1.289
201512 -1.158 99.792 -1.529
201603 -0.878 100.470 -1.152
201606 -0.578 101.688 -0.749
201609 -14.724 101.861 -19.048
201612 -2.142 101.863 -2.771
201703 -29.645 102.862 -37.978
201706 -3.009 103.349 -3.837
201709 -4.808 104.136 -6.084
201712 -2.648 104.011 -3.355
201803 -2.440 105.290 -3.054
201806 -3.664 106.317 -4.541
201809 -3.576 106.507 -4.424
201812 -22.055 105.998 -27.419
201903 -4.782 107.251 -5.876
201906 -1.717 108.070 -2.094
201909 -4.986 108.329 -6.065
201912 -0.076 108.420 -0.092
202003 -0.092 108.902 -0.111
202006 -3.912 108.767 -4.740
202009 2.942 109.815 3.530
202012 2.378 109.897 2.851
202103 -0.308 111.754 -0.363
202106 7.118 114.631 8.183
202109 11.300 115.734 12.866
202112 6.277 117.630 7.032
202203 7.441 121.301 8.084
202206 16.495 125.017 17.387
202209 17.738 125.227 18.666
202212 -2.259 125.222 -2.377
202303 -1.603 127.348 -1.659
202306 8.840 128.729 9.049
202309 6.985 129.860 7.088
202312 2.124 129.419 2.163
202403 7.980 131.776 7.980

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Diamondback Energy  (BSP:F1AN34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Diamondback Energy Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Diamondback Energy's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Diamondback Energy (BSP:F1AN34) Business Description

Industry
Traded in Other Exchanges
Address
500 West Texas Avenue, Suite 1200, Midland, TX, USA, 79701
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2022, the company reported net proven reserves of 2 billion barrels of oil equivalent. Net production averaged about 386,000 barrels per day in 2022, at a ratio of 58% oil, 21% natural gas liquids, and 21% natural gas.

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