Because of the importance of its products and huge value, the oil and gas industry itself occupies an important position in the national economic system. However, the development of this industry is unbalanced and insufficient, with large differences in market size, liquidity, solvency, profitability, valuation, and growth potential, and few companies have achieved good performance in all of these dimensions. This study delves into the unbalanced development and varied performance metrics among key petrochemical companies listed in the U.S. stock market, utilizing both fundamental analysis and non-financial analysis method, as well as to conduct a specific study on the competitive situation of Diamondback Energy. This study has elucidated that Diamondback Energy lags behind its peers in terms of liquidity and solvency. However, it is worth noting that despite macroeconomic challenges such as economic downturns and industry-wide downturns, its profitability remains relatively strong within the industry. Additionally, it holds a certain advantage over its peers in terms of financial valuation and growth potential, making it a growth-oriented enterprise. The study suggests that investors should consider market volatility and the company's management risk when entering the oil and gas industry in order to maximize returns.
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