Diamondback Energy, Inc. vs Woodside Energy Group Ltd, two Oil & Gas stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
The margin comparison is muddied on one side: Diamondback's Endeavor-acquisition costs crush its trailing 1.87% net margin, while Woodside prints a clean 21.1% on Australian LNG, so free cash is the fairer lens, Diamondback's 16.2% against Woodside's 20%, both prodigious. Diamondback is the Permian's largest pure play post-Endeavor; Woodside a long-life LNG developer. Both run debt-free; Woodside yields more cash and offers Asian-gas exposure, Diamondback US oil scale. Woodside trades at 13.2 times earnings, Diamondback's P/E is meaningless this year. The pair prices Permian oil against Australian LNG; both are cash-rich resource plays, and Diamondback must be read on its 16% cash yield, not its acquisition-distorted trailing earnings.
Comparison updated 2026-07-11.
| Metric | FANG | WDS |
|---|---|---|
| Price | $179.74 | $18.95 |
| Market cap | $50.8B | $35.9B |
| Sector | Oil & Gas | Oil & Gas |
| Stage | Cyclical | Cyclical |
| Implied growth (priced in) | +6.6% | — |
| P/E | 183.4 | 13.2 |
| P/B | 1.19 | 0.90 |
| P/S | 3.34 | 2.77 |
| EV/EBITDA | 13.1 | 7.8 |
| Revenue growth | +23.1% | +29.4% |
| Gross margin | — | 34.9% |
| Operating margin | 2.7% | 29.9% |
| Net margin | 1.9% | 21.1% |
| Return on equity | 0.7% | 6.9% |
| Return on assets | 0.4% | 4.1% |
| Return on invested capital | -0.4% | 7.8% |
| FCF yield | 16.2% | 20.0% |
| Dividend yield | 2.2% | — |
| Debt / equity | 0.33 | 0.00 |
| Current ratio | 0.56 | 1.59 |
| Altman Z (solvency) | 1.39 | 1.27 |
| Piotroski F (quality) | 8 / 9 | 5 / 9 |
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.