Representative Lisa C. McClain (R-Michigan) recently sold shares of Diamondback Energy, Inc. NASDAQ: FANG. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Diamondback Energy stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
- Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.
Diamondback Energy Trading Down 0.4%
Shares of NASDAQ FANG traded down $0.55 during mid-day trading on Friday, hitting $140.22. The company's stock had a trading volume of 1,889,655 shares, compared to its average volume of 2,092,406. The stock has a market cap of $40.59 billion, a price-to-earnings ratio of 9.97 and a beta of 1.09. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.55 and a quick ratio of 0.52. Diamondback Energy, Inc. has a one year low of $114.00 and a one year high of $200.47. The company's fifty day simple moving average is $143.65 and its 200-day simple moving average is $144.76.
Diamondback Energy (NASDAQ:FANG - Get Free Report) last announced its earnings results on Monday, August 4th. The oil and natural gas company reported $2.67 EPS for the quarter, missing the consensus estimate of $2.72 by ($0.05). The company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.35 billion. Diamondback Energy had a return on equity of 9.48% and a net margin of 27.25%. The business's quarterly revenue was up 48.1% on a year-over-year basis. During the same quarter last year, the business posted $4.52 earnings per share. On average, sell-side analysts anticipate that Diamondback Energy, Inc. will post 15.49 earnings per share for the current fiscal year.
Diamondback Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Stockholders of record on Thursday, August 14th will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, August 14th. Diamondback Energy's dividend payout ratio (DPR) is 28.43%.
Analyst Ratings Changes
A number of equities analysts recently weighed in on FANG shares. Scotiabank restated an "outperform" rating on shares of Diamondback Energy in a report on Friday, July 11th. KeyCorp dropped their price target on Diamondback Energy from $216.00 to $180.00 and set an "overweight" rating for the company in a research note on Monday, April 21st. Morgan Stanley reaffirmed an "overweight" rating on shares of Diamondback Energy in a research note on Tuesday, July 15th. Piper Sandler reissued an "overweight" rating and set a $222.00 target price (down previously from $228.00) on shares of Diamondback Energy in a research note on Thursday. Finally, JPMorgan Chase & Co. lowered their target price on Diamondback Energy from $167.00 to $161.00 and set an "overweight" rating for the company in a research note on Wednesday, May 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $191.45.
Get Our Latest Stock Analysis on FANG
Insider Activity at Diamondback Energy
In other news, Chairman Travis D. Stice sold 20,400 shares of the company's stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $142.80, for a total value of $2,913,120.00. Following the sale, the chairman owned 102,145 shares in the company, valued at $14,586,306. This represents a 16.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. Robeco Institutional Asset Management B.V. boosted its stake in shares of Diamondback Energy by 4.0% in the first quarter. Robeco Institutional Asset Management B.V. now owns 36,177 shares of the oil and natural gas company's stock worth $5,784,000 after buying an additional 1,384 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Diamondback Energy by 6.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 58,853 shares of the oil and natural gas company's stock worth $9,409,000 after buying an additional 3,467 shares during the last quarter. China Universal Asset Management Co. Ltd. boosted its stake in shares of Diamondback Energy by 50.4% in the first quarter. China Universal Asset Management Co. Ltd. now owns 7,149 shares of the oil and natural gas company's stock worth $1,143,000 after buying an additional 2,397 shares during the last quarter. True North Advisors LLC purchased a new stake in shares of Diamondback Energy in the first quarter worth about $327,000. Finally, Wealth Advisory Solutions LLC purchased a new stake in shares of Diamondback Energy in the first quarter worth about $2,631,000. 90.01% of the stock is owned by institutional investors and hedge funds.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
About Diamondback Energy
(
Get Free Report)
Diamondback Energy, Inc, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico.
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