The WACC of Diamondback Energy Inc (FANG) is 8.1%.
| Range | Selected | |
| Cost of equity | 7.50% - 10.50% | 9.00% |
| Tax rate | 18.70% - 20.90% | 19.80% |
| Cost of debt | 4.00% - 4.50% | 4.25% |
| WACC | 6.8% - 9.4% | 8.1% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.79 | 1.01 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.50% | 10.50% |
| Tax rate | 18.70% | 20.90% |
| Debt/Equity ratio | 0.19 | 0.19 |
| Cost of debt | 4.00% | 4.50% |
| After-tax WACC | 6.8% | 9.4% |
| Selected WACC | 8.1% | |