Q3 Earnings Forecast for FANG Issued By KeyCorp

Key Points

• KeyCorp projects Diamondback Energy to earn $2.91 per share in Q3 2025, with an "Overweight" rating and a target price of $176.00.
• Diamondback recently reported Q2 earnings of $2.67 per share, which missed expectations, but saw a revenue increase of 48.1% year-over-year.
• The company's quarterly dividend of $1.00 per share reflects an annualized yield of 2.9%, with a payout ratio of 28.43%.

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - KeyCorp issued their Q3 2025 earnings estimates for shares of Diamondback Energy in a note issued to investors on Tuesday, October 14th. KeyCorp analyst T. Rezvan forecasts that the oil and natural gas company will earn $2.91 per share for the quarter. KeyCorp currently has a "Overweight" rating and a $176.00 target price on the stock. The consensus estimate for Diamondback Energy's current full-year earnings is $15.49 per share. KeyCorp also issued estimates for Diamondback Energy's Q4 2025 earnings at $3.20 EPS, FY2025 earnings at $13.35 EPS, Q1 2026 earnings at $3.16 EPS, Q2 2026 earnings at $3.25 EPS, Q3 2026 earnings at $3.21 EPS, Q4 2026 earnings at $3.40 EPS, FY2026 earnings at $13.02 EPS, Q1 2027 earnings at $3.56 EPS, Q2 2027 earnings at $3.48 EPS and Q3 2027 earnings at $3.54 EPS.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last posted its quarterly earnings data 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). Diamondback Energy had a net margin of 27.25% and a return on equity of 9.48%. The firm had revenue of $3.68 billion during the quarter, compared to analysts' expectations of $3.35 billion. During the same quarter last year, the business posted $4.52 EPS. The company's quarterly revenue was up 48.1% on a year-over-year basis.

Several other research analysts also recently commented on the stock. Melius Research began coverage on shares of Diamondback Energy in a report on Wednesday, August 20th. They issued a "buy" rating and a $213.00 price target for the company. William Blair began coverage on shares of Diamondback Energy in a research report on Monday, August 25th. They issued an "outperform" rating on the stock. Royal Bank Of Canada restated an "outperform" rating and issued a $173.00 price objective on shares of Diamondback Energy in a research report on Friday, October 10th. Morgan Stanley decreased their price objective on shares of Diamondback Energy from $186.00 to $184.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, Wells Fargo & Company boosted their price target on shares of Diamondback Energy from $210.00 to $211.00 and gave the company an "overweight" rating in a research report on Thursday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Diamondback Energy has an average rating of "Buy" and an average price target of $192.23.

Diamondback Energy Stock Down 1.8%

Diamondback Energy stock opened at $139.44 on Friday. Diamondback Energy has a 1-year low of $114.00 and a 1-year high of $186.74. The firm has a market capitalization of $40.37 billion, a price-to-earnings ratio of 9.91 and a beta of 1.04. The company has a current ratio of 0.55, a quick ratio of 0.52 and a debt-to-equity ratio of 0.35. The firm has a 50 day simple moving average of $142.24 and a 200 day simple moving average of $140.66.

Institutional Investors Weigh In On Diamondback Energy

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Diamondback Energy by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 23,325,287 shares of the oil and natural gas company's stock valued at $3,204,894,000 after buying an additional 388,512 shares during the period. Boston Partners raised its holdings in shares of Diamondback Energy by 2.8% in the 2nd quarter. Boston Partners now owns 5,569,990 shares of the oil and natural gas company's stock valued at $766,914,000 after purchasing an additional 151,150 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Diamondback Energy by 2.7% in the 2nd quarter. Geode Capital Management LLC now owns 5,441,649 shares of the oil and natural gas company's stock valued at $746,526,000 after purchasing an additional 142,649 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Diamondback Energy by 9.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,642,218 shares of the oil and natural gas company's stock valued at $637,841,000 after purchasing an additional 384,971 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. raised its holdings in shares of Diamondback Energy by 4.1% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,932,484 shares of the oil and natural gas company's stock valued at $468,846,000 after purchasing an additional 114,930 shares in the last quarter. 90.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Diamondback Energy

In other news, Chairman Travis D. Stice sold 20,400 shares of the business's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $142.80, for a total value of $2,913,120.00. Following the sale, the chairman directly owned 102,145 shares in the company, valued at $14,586,306. The trade was a 16.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.70% of the stock is currently owned by company insiders.

Diamondback Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Thursday, August 14th were issued a $1.00 dividend. The ex-dividend date was Thursday, August 14th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.9%. Diamondback Energy's payout ratio is 28.43%.

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.

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