S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
NASDAQ:FANG

Diamondback Energy Stock Forecast, Price & News

$111.69
+2.28 (+2.08 %)
(As of 10/26/2021 04:00 PM ET)
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Today's Range
$109.62
$112.46
50-Day Range
$67.88
$110.73
52-Week Range
$23.63
$114.73
Volume1.90 million shs
Average Volume2.69 million shs
Market Capitalization$20.22 billion
P/E RatioN/A
Dividend Yield1.65%
Beta2.58
30 days | 90 days | 365 days | Advanced Chart
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Diamondback Energy logo

About Diamondback Energy

Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment involves in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.

Headlines

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Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
Current Symbol
NASDAQ:FANG
CUSIP
25278X10
Employees
732
Year Founded
2007

Sales & Book Value

Annual Sales
$2.81 billion
Cash Flow
$11.54 per share
Book Value
$62.06 per share

Profitability

Net Income
$-4.52 billion

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$20.22 billion
Next Earnings Date
11/1/2021 (Confirmed)
Optionable
Optionable

Social Links


MarketRank

Overall MarketRank

2.95 out of 5 stars

Oils/Energy Sector

6th out of 347 stocks

Crude Petroleum & Natural Gas Industry

3rd out of 111 stocks

Analyst Opinion: 2.5Community Rank: 5.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -












Diamondback Energy (NASDAQ:FANG) Frequently Asked Questions

Is Diamondback Energy a buy right now?

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last year. There are currently 3 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Diamondback Energy stock.
View analyst ratings for Diamondback Energy
or view top-rated stocks.

What stocks does MarketBeat like better than Diamondback Energy?

Wall Street analysts have given Diamondback Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Diamondback Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Diamondback Energy?

Diamondback Energy saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 5,010,000 shares, an increase of 24.6% from the September 15th total of 4,020,000 shares. Based on an average daily volume of 2,540,000 shares, the short-interest ratio is presently 2.0 days. Approximately 3.0% of the company's stock are sold short.
View Diamondback Energy's Short Interest
.

When is Diamondback Energy's next earnings date?

Diamondback Energy is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Diamondback Energy
.

How can I listen to Diamondback Energy's earnings call?

Diamondback Energy will be holding an earnings conference call on Tuesday, November 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "7705208".

How were Diamondback Energy's earnings last quarter?

Diamondback Energy, Inc. (NASDAQ:FANG) issued its quarterly earnings data on Sunday, August, 1st. The oil and natural gas company reported $2.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.21. The oil and natural gas company earned $1.68 billion during the quarter, compared to analysts' expectations of $1.33 billion. Diamondback Energy had a negative net margin of 30.34% and a positive trailing twelve-month return on equity of 9.49%. Diamondback Energy's revenue was up 295.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.15 earnings per share.
View Diamondback Energy's earnings history
.

How has Diamondback Energy's stock price been impacted by COVID-19 (Coronavirus)?

Diamondback Energy's stock was trading at $26.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FANG stock has increased by 326.3% and is now trading at $111.69.
View which stocks have been most impacted by COVID-19
.

How often does Diamondback Energy pay dividends? What is the dividend yield for Diamondback Energy?

Diamondback Energy declared a quarterly dividend on Monday, August 2nd. Investors of record on Thursday, August 12th will be given a dividend of $0.45 per share on Thursday, August 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Wednesday, August 11th. This is an increase from Diamondback Energy's previous quarterly dividend of $0.40.
View Diamondback Energy's dividend history
.

Is Diamondback Energy a good dividend stock?

Diamondback Energy pays an annual dividend of $1.80 per share and currently has a dividend yield of 1.65%. Diamondback Energy has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Diamondback Energy is 59.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Diamondback Energy will have a dividend payout ratio of 11.19% next year. This indicates that Diamondback Energy will be able to sustain or increase its dividend.
View Diamondback Energy's dividend history.

What price target have analysts set for FANG?

24 equities research analysts have issued 12-month price objectives for Diamondback Energy's shares. Their forecasts range from $60.00 to $165.00. On average, they expect Diamondback Energy's stock price to reach $109.04 in the next twelve months. This suggests that the stock has a possible downside of 2.4%.
View analysts' price targets for Diamondback Energy
or view top-rated stocks among Wall Street analysts.

Who are Diamondback Energy's key executives?

Diamondback Energy's management team includes the following people:
  • Travis D. Stice, Chief Executive Officer & Director
  • Daniel N. Wesson, Executive Vice President-Operations
  • Matthew Kaes Van't Hof, CFO & Executive VP-Business Development
  • David L. Cannon, Senior Vice President-Geoscience & Technology
  • Greg Dolezal, Vice President-Information Technology

What is Travis D. Stice's approval rating as Diamondback Energy's CEO?

14 employees have rated Diamondback Energy CEO Travis D. Stice on Glassdoor.com. Travis D. Stice has an approval rating of 96% among Diamondback Energy's employees. This puts Travis D. Stice in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Diamondback Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamondback Energy investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Tesla (TSLA), The Walt Disney (DIS), Advanced Micro Devices (AMD), The Boeing (BA), Johnson & Johnson (JNJ) and Netflix (NFLX).

What is Diamondback Energy's stock symbol?

Diamondback Energy trades on the NASDAQ under the ticker symbol "FANG."

Who are Diamondback Energy's major shareholders?

Diamondback Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.20%), DNB Asset Management AS (0.20%), Copeland Capital Management LLC (0.17%), New York State Teachers Retirement System (0.10%), Fisher Asset Management LLC (0.09%) and OLD National Bancorp IN (0.06%). Company insiders that own Diamondback Energy stock include Hof Matthew Kaes Van't, Teresa L Dick and Travis D Stice.
View institutional ownership trends for Diamondback Energy
.

Which institutional investors are selling Diamondback Energy stock?

FANG stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Copeland Capital Management LLC, Assenagon Asset Management S.A., Sumitomo Mitsui Trust Holdings Inc., DNB Asset Management AS, SevenBridge Financial Group LLC, Viking Fund Management LLC, and Chevy Chase Trust Holdings Inc.. Company insiders that have sold Diamondback Energy company stock in the last year include Hof Matthew Kaes Van't, Teresa L Dick, and Travis D Stice.
View insider buying and selling activity for Diamondback Energy
or view top insider-selling stocks.

Which institutional investors are buying Diamondback Energy stock?

FANG stock was purchased by a variety of institutional investors in the last quarter, including Engrave Wealth Partners LLC, Teamwork Financial Advisors LLC, Wesbanco Bank Inc., Eidelman Virant Capital, Venture Visionary Partners LLC, Sciencast Management LP, Virginia Retirement Systems ET AL, and Clear Street Markets LLC. Company insiders that have bought Diamondback Energy stock in the last two years include Hof Matthew Kaes Van't, and Travis D Stice.
View insider buying and selling activity for Diamondback Energy
or or view top insider-buying stocks.

How do I buy shares of Diamondback Energy?

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

What is Diamondback Energy's stock price today?

One share of FANG stock can currently be purchased for approximately $111.69.

How much money does Diamondback Energy make?

Diamondback Energy has a market capitalization of $20.22 billion and generates $2.81 billion in revenue each year. The oil and natural gas company earns $-4.52 billion in net income (profit) each year or $3.04 on an earnings per share basis.

How many employees does Diamondback Energy have?

Diamondback Energy employs 732 workers across the globe.

When was Diamondback Energy founded?

Diamondback Energy was founded in 2007.

What is Diamondback Energy's official website?

The official website for Diamondback Energy is www.diamondbackenergy.com.

Where are Diamondback Energy's headquarters?

Diamondback Energy is headquartered at 500 West Texas Suite 1200, Midland TX, 79701.

How can I contact Diamondback Energy?

Diamondback Energy's mailing address is 500 West Texas Suite 1200, Midland TX, 79701. The oil and natural gas company can be reached via phone at (432) 221-7400 or via email at [email protected].


This page was last updated on 10/27/2021 by MarketBeat.com Staff

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