Q3 EPS Forecast for Diamondback Energy Increased by Analyst

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Investment analysts at Capital One Financial boosted their Q3 2025 earnings estimates for shares of Diamondback Energy in a research report issued to clients and investors on Monday, July 14th. Capital One Financial analyst B. Velie now forecasts that the oil and natural gas company will post earnings of $3.59 per share for the quarter, up from their previous forecast of $3.57. The consensus estimate for Diamondback Energy's current full-year earnings is $15.49 per share. Capital One Financial also issued estimates for Diamondback Energy's Q4 2025 earnings at $3.75 EPS and FY2026 earnings at $12.63 EPS.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $4.05 billion during the quarter, compared to analysts' expectations of $3.58 billion. Diamondback Energy had a net margin of 30.84% and a return on equity of 11.22%. The company's revenue for the quarter was up 81.8% compared to the same quarter last year. During the same quarter last year, the company earned $4.50 earnings per share.

A number of other brokerages have also recently weighed in on FANG. JPMorgan Chase & Co. lowered their price target on Diamondback Energy from $167.00 to $161.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 7th. UBS Group reduced their target price on shares of Diamondback Energy from $175.00 to $163.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Susquehanna dropped their target price on shares of Diamondback Energy from $219.00 to $194.00 and set a "positive" rating for the company in a research report on Tuesday, April 22nd. KeyCorp cut their price target on shares of Diamondback Energy from $216.00 to $180.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Finally, Citigroup raised shares of Diamondback Energy from a "reduce" rating to a "buy" rating and upped their price objective for the stock from $157.00 to $180.00 in a research note on Monday, April 7th. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $191.55.

Diamondback Energy Price Performance

Shares of FANG stock traded up $1.06 during trading hours on Wednesday, hitting $141.99. The company had a trading volume of 891,979 shares, compared to its average volume of 2,299,884. Diamondback Energy has a 12 month low of $114.00 and a 12 month high of $212.28. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.83 and a current ratio of 0.86. The firm's fifty day moving average is $141.61 and its 200 day moving average is $149.04. The firm has a market capitalization of $41.48 billion, a price-to-earnings ratio of 8.68 and a beta of 1.05.

Diamondback Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 15th were paid a $1.00 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $4.00 dividend on an annualized basis and a yield of 2.82%. Diamondback Energy's payout ratio is presently 24.46%.

Insider Buying and Selling

In related news, President Hof Matthew Kaes Van't sold 10,000 shares of Diamondback Energy stock in a transaction on Monday, May 12th. The stock was sold at an average price of $142.69, for a total transaction of $1,426,900.00. Following the completion of the sale, the president directly owned 120,645 shares of the company's stock, valued at $17,214,835.05. The trade was a 7.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.70% of the company's stock.

Hedge Funds Weigh In On Diamondback Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BankPlus Trust Department acquired a new stake in shares of Diamondback Energy in the 1st quarter valued at approximately $27,000. Pinnacle Bancorp Inc. increased its stake in Diamondback Energy by 95.7% in the first quarter. Pinnacle Bancorp Inc. now owns 180 shares of the oil and natural gas company's stock valued at $29,000 after purchasing an additional 88 shares in the last quarter. SouthState Corp raised its holdings in Diamondback Energy by 596.4% in the first quarter. SouthState Corp now owns 195 shares of the oil and natural gas company's stock worth $31,000 after purchasing an additional 167 shares during the period. Fourth Dimension Wealth LLC bought a new position in shares of Diamondback Energy during the fourth quarter worth $33,000. Finally, WASHINGTON TRUST Co increased its position in shares of Diamondback Energy by 119.8% in the 1st quarter. WASHINGTON TRUST Co now owns 200 shares of the oil and natural gas company's stock valued at $32,000 after buying an additional 109 shares in the last quarter. Institutional investors own 90.01% of the company's stock.

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.