Q2 EPS Forecast for Diamondback Energy Increased by Analyst

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Equities researchers at Roth Capital boosted their Q2 2025 earnings per share estimates for Diamondback Energy in a research note issued to investors on Tuesday, May 6th. Roth Capital analyst L. Mariani now anticipates that the oil and natural gas company will post earnings per share of $2.50 for the quarter, up from their previous estimate of $2.28. The consensus estimate for Diamondback Energy's current full-year earnings is $15.49 per share. Roth Capital also issued estimates for Diamondback Energy's Q3 2025 earnings at $2.83 EPS and Q4 2025 earnings at $3.28 EPS.

Other analysts have also issued reports about the company. KeyCorp dropped their price objective on Diamondback Energy from $216.00 to $180.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Scotiabank cut their price target on shares of Diamondback Energy from $215.00 to $175.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. Bank of America raised shares of Diamondback Energy from a "neutral" rating to a "buy" rating and decreased their price objective for the company from $202.00 to $170.00 in a report on Tuesday, April 29th. Evercore ISI assumed coverage on shares of Diamondback Energy in a research note on Tuesday, May 6th. They set an "outperform" rating and a $165.00 target price for the company. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Diamondback Energy in a research note on Tuesday, April 15th. Two investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Diamondback Energy presently has an average rating of "Buy" and a consensus target price of $195.57.

Diamondback Energy Price Performance

Shares of Diamondback Energy stock traded up $1.71 during trading hours on Thursday, reaching $137.89. The stock had a trading volume of 1,944,484 shares, compared to its average volume of 2,125,010. The stock's 50 day moving average is $141.07 and its 200 day moving average is $159.24. The company has a current ratio of 0.45, a quick ratio of 0.42 and a debt-to-equity ratio of 0.31. Diamondback Energy has a twelve month low of $114.00 and a twelve month high of $214.50. The firm has a market capitalization of $40.29 billion, a PE ratio of 7.89, a PEG ratio of 1.24 and a beta of 1.06.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The oil and natural gas company reported $4.54 EPS for the quarter, topping analysts' consensus estimates of $3.67 by $0.87. Diamondback Energy had a net margin of 33.64% and a return on equity of 13.68%. The business had revenue of $4.05 billion for the quarter, compared to analysts' expectations of $3.58 billion. During the same quarter last year, the company earned $4.50 EPS. The business's revenue was up 81.8% on a year-over-year basis.

Diamondback Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 15th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Thursday, May 15th. Diamondback Energy's dividend payout ratio is currently 24.46%.

Insider Activity at Diamondback Energy

In related news, Director Frank D. Tsuru acquired 2,000 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average price of $156.51 per share, for a total transaction of $313,020.00. Following the completion of the purchase, the director now directly owns 5,730 shares of the company's stock, valued at $896,802.30. The trade was a 53.62 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Diamondback Energy

Hedge funds have recently modified their holdings of the company. QRG Capital Management Inc. lifted its holdings in Diamondback Energy by 38.4% in the 4th quarter. QRG Capital Management Inc. now owns 11,675 shares of the oil and natural gas company's stock valued at $1,913,000 after acquiring an additional 3,238 shares during the last quarter. Swedbank AB lifted its stake in Diamondback Energy by 28.0% during the fourth quarter. Swedbank AB now owns 198,283 shares of the oil and natural gas company's stock valued at $32,485,000 after purchasing an additional 43,361 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Diamondback Energy by 631.1% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 43,148 shares of the oil and natural gas company's stock worth $7,069,000 after buying an additional 37,246 shares in the last quarter. Franklin Resources Inc. grew its position in Diamondback Energy by 48.5% in the third quarter. Franklin Resources Inc. now owns 146,870 shares of the oil and natural gas company's stock worth $28,008,000 after buying an additional 47,951 shares during the last quarter. Finally, Tectonic Advisors LLC increased its holdings in shares of Diamondback Energy by 38.2% in the fourth quarter. Tectonic Advisors LLC now owns 31,467 shares of the oil and natural gas company's stock valued at $5,155,000 after buying an additional 8,704 shares in the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Diamondback Energy Company Profile

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.