Diamondback Energy (FANG) Stock Price, News & Analysis

Company Overview

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. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Key Stats

• Today's Range: $137.70 to $140.18
• 50-Day Range: $136.47 to $154.91
• 52-Week Range: $114.00 to $200.47
• Volume: 1.94 million shs
• Average Volume: 2.12 million shs
• Market Capitalization: $40.52 billion
• P/E Ratio: 9.95
• Dividend Yield: 2.86%
• Price Target: $191.59
• Consensus Rating: Buy

Diamondback Energy Stock Analysis - MarketRank™

Diamondback Energy scored higher than 99% of companies evaluated by MarketBeat, and ranked 9th out of 273 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Diamondback Energy has received a consensus rating of Buy. The company's average rating score is 3.05, and is based on 18 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Diamondback Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 0.97%

Earnings Growth

Earnings for Diamondback Energy are expected to grow by 0.97% in the coming year, from $15.49 to $15.64 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Diamondback Energy is 9.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.71.

Price to Earnings Ratio vs. Sector

The P/E ratio of Diamondback Energy is 9.95, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 75.22.

Price to Book Value per Share Ratio

Diamondback Energy has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.70% of the outstanding shares of Diamondback Energy have been sold short.

Short Interest Ratio / Days to Cover

Diamondback Energy has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Diamondback Energy has recently increased by 1.56%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Diamondback Energy pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Diamondback Energy has been increasing its dividend for 7 years.

Dividend Coverage

The dividend payout ratio of Diamondback Energy is 28.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Diamondback Energy will have a dividend payout ratio of 25.58% next year. This indicates that Diamondback Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -8.28

Percentage of Shares Shorted

2.70% of the outstanding shares of Diamondback Energy have been sold short.

Short Interest Ratio / Days to Cover

Diamondback Energy has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Diamondback Energy has recently increased by 1.56%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.01

News Sentiment

Diamondback Energy has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 41 news articles for Diamondback Energy this week, compared to 27 articles on an average week.

Search Interest

74 people have searched for FANG on MarketBeat in the last 30 days. This is an increase of 131% compared to the previous 30 days.

MarketBeat Follows

18 people have added Diamondback Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Diamondback Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,913,120.00 in company stock.

Percentage Held by Insiders

Only 0.70% of the stock of Diamondback Energy is held by insiders.

Percentage Held by Institutions

90.01% of the stock of Diamondback Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FANG Stock Analysis - Frequently Asked Questions

How have FANG shares performed this year?

Diamondback Energy's stock was trading at $163.83 on January 1st, 2025. Since then, FANG stock has decreased by 14.6% and is now trading at $139.98.

How were Diamondback Energy's earnings last quarter?

Diamondback Energy, Inc. (NASDAQ:FANG) announced 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. The business's revenue was up 48.1% compared to the same quarter last year.
Read the conference call transcript.

Who are Diamondback Energy's major shareholders?

Diamondback Energy's top institutional shareholders include Vanguard Group Inc. (8.06%), Boston Partners (1.92%), Boston Partners (1.90%) and Geode Capital Management LLC (1.86%). Insiders that own company stock include Lyndal Greth, Hof Matthew Kaes Van't, Travis D Stice, Teresa L Dick, Daniel N Wesson, Matt Zmigrosky, David L Houston, Jere W Thompson III, Frank D Tsuru, Steven E West and Mark Lawrence Plaumann.
View institutional ownership trends.

How do I buy shares of Diamondback Energy?

Shares of FANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Diamondback Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Diamondback Energy investors own include Salesforce (CRM), Meta Platforms (META), AbbVie (ABBV), NVIDIA (NVDA), Chevron (CVX), QUALCOMM (QCOM) and ConocoPhillips (COP).

Company Calendar

• Record date for 5/22 Dividend: 5/15/2025
• Ex-Dividend for 5/22 Dividend: 5/15/2025
• Dividend Payable: 5/22/2025
• Last Earnings: 8/04/2025
• Today: 8/13/2025
• Record date for 8/21 Dividend: 8/14/2025
• Ex-Dividend for 8/21 Dividend: 8/14/2025
• Dividend Payable: 8/21/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: OIL - US EXP&PROD
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NASDAQ:FANG
• CIK: 1539838
• Web: www.diamondbackenergy.com
• Phone: (432) 221-7400
• Fax: N/A
• Employees: 1,983
• Year Founded: 2007

Price Target and Rating

• Average Price Target for Diamondback Energy: $191.59
• High Price Target: $242.00
• Low Price Target: $161.00
• Potential Upside/Downside: +36.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.05
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): $14.07
• Trailing P/E Ratio: 9.95
• Forward P/E Ratio: 9.04
• P/E Growth: N/A
• Net Income: $3.34 billion
• Net Margins: 27.25%
• Pretax Margin: 36.64%
• Return on Equity: 9.48%
• Return on Assets: 5.63%

Debt

• Debt-to-Equity Ratio: 0.35
• Current Ratio: 0.55
• Quick Ratio: 0.52

Sales & Book Value

• Annual Sales: $11.07 billion
• Price / Sales: 3.66
• Cash Flow: $22.47 per share
• Price / Cash Flow: 6.23
• Book Value: $147.91 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 289,490,000
• Free Float: 288,096,000
• Market Cap: $40.52 billion
• Optionable: Optionable
• Beta: 1.09