NASDAQ:FANG - Diamondback Energy Stock Price, Forecast & News

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

Diamondback Energy declared a quarterly dividend on Tuesday, November 5th. Investors of record on Friday, November 15th will be paid a dividend of $0.1875 per share on Friday, November 22nd. This represents a $0.75 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, November 14th. View Diamondback Energy's Dividend History.

Diamondback Energy Inc (NASDAQ:FANG) posted its earnings results on Tuesday, November, 5th. The oil and natural gas company reported $1.47 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.71 by $0.24. The oil and natural gas company earned $975 million during the quarter, compared to the consensus estimate of $1.04 billion. Diamondback Energy had a return on equity of 6.01% and a net margin of 29.59%. Diamondback Energy's revenue was up 81.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.67 earnings per share. View Diamondback Energy's Earnings History.

Diamondback Energy is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Diamondback Energy.

23 equities research analysts have issued twelve-month price objectives for Diamondback Energy's shares. Their forecasts range from $88.00 to $170.00. On average, they expect Diamondback Energy's share price to reach $135.60 in the next year. This suggests a possible upside of 60.6% from the stock's current price. View Analyst Price Targets for Diamondback Energy.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last year. There are currently 2 hold ratings, 20 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Diamondback Energy.

News stories about FANG stock have trended negative this week, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Diamondback Energy earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Diamondback Energy.

Diamondback Energy saw a increase in short interest in November. As of November 15th, there was short interest totalling 7,200,000 shares, an increase of 6.2% from the October 31st total of 6,780,000 shares. Based on an average daily trading volume, of 2,000,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 4.5% of the shares of the company are short sold. View Diamondback Energy's Current Options Chain.

Some companies that are related to Diamondback Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), Cabot Oil & Gas (COG), Cimarex Energy (XEC), WPX Energy (WPX), EQT (EQT), Kosmos Energy (KOS) and Matador Resources (MTDR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamondback Energy investors own include Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Boeing (BA), salesforce.com (CRM), JPMorgan Chase & Co. (JPM), Caterpillar (CAT), Walt Disney (DIS) and AbbVie (ABBV).

Diamondback Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.92%), Boston Partners (1.58%), Millennium Management LLC (1.46%), Point72 Asset Management L.P. (0.71%), Massachusetts Financial Services Co. MA (0.57%) and Eagle Asset Management Inc. (0.50%). Company insiders that own Diamondback Energy stock include Hof Matthew Kaes Van't, Jennifer Soliman, Michael L Hollis, Michael P Cross, Paul Molnar, Randall J Holder, Russell Pantermuehl, Teresa L Dick and Travis D Stice. View Institutional Ownership Trends for Diamondback Energy.

FANG stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Point72 Asset Management L.P., Carillon Tower Advisers Inc., Icon Advisers Inc. Co., State Street Corp, Columbus Circle Investors, Parametric Portfolio Associates LLC and Systematic Financial Management LP. Company insiders that have sold Diamondback Energy company stock in the last year include Hof Matthew Kaes Van't, Jennifer Soliman, Michael L Hollis, Michael P Cross, Randall J Holder and Russell Pantermuehl. View Insider Buying and Selling for Diamondback Energy.

FANG stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Voya Investment Management LLC, Massachusetts Financial Services Co. MA, Phoenix Holdings Ltd., Teacher Retirement System of Texas, California Public Employees Retirement System, State of New Jersey Common Pension Fund D and CIBC Private Wealth Group LLC. Company insiders that have bought Diamondback Energy stock in the last two years include Michael L Hollis and Travis D Stice. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FANG stock can currently be purchased for approximately $84.43.

Diamondback Energy has a market capitalization of $13.55 billion and generates $2.18 billion in revenue each year. The oil and natural gas company earns $845.67 million in net income (profit) each year or $5.87 on an earnings per share basis. Diamondback Energy employs 711 workers across the globe.View Additional Information About Diamondback Energy.

The official website for Diamondback Energy is http://www.diamondbackenergy.com/.

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]