Diamondback Energy vs Permian Resources (FANG vs PR)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Diamondback Energy is the larger company by revenue ($15.0B vs $5.1B) and market value ($51.6B vs $16.9B). Permian Resources has grown revenue faster over the last 4 fiscal years (+391.8% cumulative vs +122.7%). Permian Resources runs the higher operating margin (28.9% vs 8.4%). Permian Resources trades at the lower trailing P/E (22.0x vs 189.1x).
About Diamondback Energy
Diamondback Energy, Inc. is an oil and natural gas company engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids. The company operates primarily in the Midland Basin and Delaware Basin regions. It serves customers involved in the energy sector by supplying these natural resources.
Head to head (FANG FY2025 vs PR FY2025)
| Metric | FANGFY2025 | PRFY2025 |
|---|---|---|
| Revenue | $15.03B | $5.07B |
| Revenue growth (YoY) | 35.8% | 1.3% |
| Gross margin | — | — |
| Operating margin | 8.4% | 28.9% |
| Net margin | 11.1% | 18.5% |
| Net income | $1.66B | $935.2M |
| Diluted EPS | $5.73 | $1.28 |
| FCF margin | — | — |
| ROE | 3.9% | 8.1% |
| Debt / equity | 0.3× | 0.3× |
| Market cap | $51.59B | $16.90B |
| P/E (TTM) | 189.1× | 22.0× |
Fundamentals are from each company’s SEC filings (FANG FY2025, PR FY2025). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| FANG | $6.75B | $9.57B | $8.41B | $11.07B | $15.03B |
| PR | $1.03B | $2.13B | $3.12B | $5.00B | $5.07B |
Peer standing
Where each company ranks among the 61 oil and gas companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | FANG | PR |
|---|---|---|
| Operating margin | 8.4%41st percentile of 50 | 28.9%73rd percentile of 50 |
| Net margin | 11.1%49th percentile of 58 | 18.5%70th percentile of 58 |
| Revenue growth (YoY) | +35.8%78th percentile of 59 | +1.3%43rd percentile of 59 |
| ROE | 3.9%40th percentile of 49 | 8.1%52nd percentile of 49 |
| P/E (TTM) | 189.1×Highest of 40 | 22.0×72nd percentile of 40 |
| Debt / equity | 0.32×36th percentile of 37 | 0.31×33rd percentile of 37 |
| Short interest (days to cover) | 3.72d53rd percentile of 60 | 1.83d24th percentile of 60 |
Short interest
| FINRA settlement data | FANG | PR |
|---|---|---|
| Shares sold short | 10.0M | 27.2M |
| Change vs prior settlement | +6.8% | +7.0% |
| Days to cover | 3.72 | 1.83 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | FANG | PR |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 23 ($2.07B) | 1 ($1.3M) |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
6 tracked 13F managers hold both Diamondback Energy and Permian Resources as of their latest quarterly filings: AQR Capital Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.