Top-Rated Stocks Top-Rated Dividend Stocks NASDAQ:FANG Diamondback Energy - FANG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Diamondback Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $144.29 +0.73 (+0.51%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$142.53▼$145.2650-Day Range$129.60▼$150.9652-Week Range$103.71▼$168.95Volume2.03 million shsAverage Volume1.99 million shsMarket Capitalization$25.89 billionP/E Ratio5.88Dividend Yield2.19%Price Target$180.62 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Diamondback Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.84 Rating ScoreUpside/Downside25.2% Upside$180.62 Price TargetShort InterestHealthy3.94% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.09Upright™ Environmental ScoreNews Sentiment0.45Based on 14 Articles This WeekInsider TradingSelling Shares$275,564 Sold Last QuarterProj. Earnings Growth-0.54%From $24.05 to $23.92 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.03 out of 5 starsOils/Energy Sector15th out of 236 stocksCrude Petroleum & Natural Gas Industry7th out of 74 stocks 4.4 Analyst's Opinion Consensus RatingDiamondback Energy has received a consensus rating of Buy. The company's average rating score is 2.84, and is based on 15 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $180.62, Diamondback Energy has a forecasted upside of 25.2% from its current price of $144.29.Amount of Analyst CoverageDiamondback Energy has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.94% of the float of Diamondback Energy has been sold short.Short Interest Ratio / Days to CoverDiamondback Energy has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Diamondback Energy has recently decreased by 2.38%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldDiamondback Energy pays a meaningful dividend of 2.19%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiamondback Energy has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Diamondback Energy is 12.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Diamondback Energy will have a dividend payout ratio of 12.54% next year. This indicates that Diamondback Energy will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDiamondback Energy has received a -106.85% net impact score from Upright. The largest negative impact of Diamondback Energy in category "GHG emissions" seems to be driven mostly by its "Crude natural gas", "Crude oil", and "Oil exploration services" products. See details.Environmental SustainabilityThe Environmental Impact score for Diamondback Energy is -7.09. Previous Next 3.0 News and Social Media Coverage News SentimentDiamondback Energy has a news sentiment score of 0.45. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Diamondback Energy this week, compared to 7 articles on an average week.Search Interest66 people have searched for FANG on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows25 people have added Diamondback Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 39% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $275,564.00 in company stock.Percentage Held by InsidersOnly 0.42% of the stock of Diamondback Energy is held by insiders.Percentage Held by Institutions89.76% of the stock of Diamondback Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Diamondback Energy are expected to decrease by -0.54% in the coming year, from $24.05 to $23.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Diamondback Energy is 5.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 150.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Diamondback Energy is 5.88, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.63.Price to Earnings Growth RatioDiamondback Energy has a PEG Ratio of 0.26. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioDiamondback Energy has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Diamondback Energy (NASDAQ:FANG) StockDiamondback 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 is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX.Read More Receive FANG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Diamondback Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address FANG Stock News HeadlinesFebruary 8, 2023 | marketbeat.comThis 11% Dividend Stock Has 11%+ Upside, TooFebruary 7, 2023 | americanbankingnews.comCapital One Financial Equities Analysts Lift Earnings Estimates for Diamondback Energy, Inc. (NASDAQ:FANG)February 9, 2023 | Vantage Point (Ad)Don’t Let The Markets Break Your HeartEvery rose has its thorn, just like every market has its surprise. If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right, or anticipate massive trend reversals with A.I. February 6, 2023 | finance.yahoo.comInsiders probably made the right decision selling US$3.8m worth of shares earlier this year as Diamondback Energy, Inc.'s (NASDAQ:FANG)) stock dips by 4.8%.February 6, 2023 | finance.yahoo.comHere is What to Know Beyond Why Diamondback Energy, Inc. (FANG) is a Trending StockFebruary 4, 2023 | americanbankingnews.comDiamondback Energy, Inc. (NASDAQ:FANG) Expected to Earn Q1 2023 Earnings of $4.92 Per ShareFebruary 3, 2023 | finance.yahoo.comDo Options Traders Know Something About Diamondback (FANG) Stock We Don't?January 31, 2023 | marketwatch.comDiamondback Energy Inc. stock rises Tuesday, still underperforms marketFebruary 9, 2023 | Vantage Point (Ad)Don’t Let The Markets Break Your HeartEvery rose has its thorn, just like every market has its surprise. If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right, or anticipate massive trend reversals with A.I. January 31, 2023 | finance.yahoo.comDiamondback Energy, Inc. Announces Closing of Lario AcquisitionJanuary 30, 2023 | americanbankingnews.comDiamondback Energy, Inc. (NASDAQ:FANG) Receives Average Recommendation of "Moderate Buy" from BrokeragesJanuary 27, 2023 | finance.yahoo.comDiamondback Energy, Inc. (NASDAQ:FANG) Shares Could Be 32% Above Their Intrinsic Value EstimateJanuary 25, 2023 | marketwatch.comDiamondback Energy Inc. stock falls Wednesday, underperforms marketJanuary 24, 2023 | marketwatch.comDiamondback Energy Inc. stock falls Tuesday, underperforms marketJanuary 24, 2023 | finance.yahoo.comIs Trending Stock Diamondback Energy, Inc. (FANG) a Buy Now?January 23, 2023 | finance.yahoo.comDiamondback Energy (NASDAQ:FANG) Seems To Use Debt Quite SensiblyJanuary 22, 2023 | markets.businessinsider.comBarclays Reaffirms Their Buy Rating on Diamondback (FANG)January 20, 2023 | msn.comWhat Does Diamondback Energy's Debt Look Like?January 19, 2023 | msn.com$100 Invested In Diamondback Energy 10 Years Ago Would Be Worth This Much TodayJanuary 19, 2023 | finance.yahoo.comDiamondback Energy, Inc.'s (NASDAQ:FANG) Stock Is Going Strong: Is the Market Following Fundamentals?January 15, 2023 | finance.yahoo.comDiamondback Energy's (NASDAQ:FANG) three-year earnings growth trails the favorable shareholder returnsJanuary 11, 2023 | msn.comDiamondback Energy, Inc. (FANG) is Attracting Investor Attention: Here is What You Should KnowJanuary 11, 2023 | fool.comUp 22% in This Bear Market, Is Diamondback Energy Still a Winner?January 10, 2023 | barrons.comOil Stocks Are Up While Oil Slumps. Here’s Why.January 10, 2023 | barrons.comOil Stocks Are Up While Oil Slumps. Here’s Why.January 9, 2023 | finance.yahoo.comDiamondback Energy, Inc. Schedules Fourth Quarter 2022 Conference Call for February 22, 2023January 9, 2023 | finance.yahoo.comViper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Schedules Fourth Quarter 2022 Conference Call for February 22, 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FANG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Diamondback Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address FANG Company Calendar Last Earnings10/31/2021Ex-Dividend for 11/25 Dividend11/16/2022Dividend Payable11/25/2022Today2/09/2023Next Earnings (Confirmed)2/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNASDAQ:FANG CUSIP25278X10 CIK1539838 Webwww.diamondbackenergy.com Phone(432) 221-7400FaxN/AEmployees870Year Founded2007Price Target and Rating Average Stock Price Forecast$180.62 High Stock Price Forecast$214.00 Low Stock Price Forecast$143.00 Forecasted Upside/Downside+25.2%Consensus RatingModerate Buy Rating Score (0-4)2.84 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$24.55 Trailing P/E Ratio5.88 Forward P/E Ratio6.00 P/E Growth0.26Net Income$2.18 billion Net Margins45.47% Pretax Margin59.96% Return on Equity28.49% Return on Assets17.07% Debt Debt-to-Equity Ratio0.37 Current Ratio0.61 Quick Ratio0.58 Sales & Book Value Annual Sales$9.64 billion Price / Sales2.69 Cash Flow$19.09 per share Price / Cash Flow7.56 Book Value$73.11 per share Price / Book1.97Miscellaneous Outstanding Shares179,449,000Free Float178,695,000Market Cap$25.89 billion OptionableOptionable Beta2.02 Social Links Key ExecutivesTravis D. SticeChairman & Chief Executive OfficerMatthew Kaes Van't HofPresident & Chief Financial OfficerDaniel N. WessonChief Operating Officer & Executive Vice PresidentDavid L. CannonSenior Vice President-Geoscience & TechnologyGreg DolezalVice President-Information TechnologyKey CompetitorsMarathon OilNYSE:MRODevon EnergyNYSE:DVNEQTNYSE:EQTMatador ResourcesNYSE:MTDRPioneer Natural ResourcesNYSE:PXDView All CompetitorsInsiders & InstitutionsGulf International Bank UK LtdSold 151 shares on 2/8/2023Ownership: 0.017%Oppenheimer & Co. Inc.Sold 307 shares on 2/8/2023Ownership: 0.005%Thornburg Investment Management Inc.Sold 70 shares on 2/8/2023Ownership: 0.005%Desjardins Global Asset Management Inc.Bought 193 shares on 2/8/2023Ownership: 0.002%Arcadia Investment Management Corp MIBought 400 shares on 2/8/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions FANG Stock - Frequently Asked Questions Should I buy or sell Diamondback Energy stock right now? 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last twelve months. There are currently 1 sell rating, 2 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FANG shares. View FANG analyst ratings or view top-rated stocks. What is Diamondback Energy's stock price forecast for 2023? 19 Wall Street research analysts have issued 12 month price targets for Diamondback Energy's shares. Their FANG share price forecasts range from $143.00 to $214.00. On average, they expect the company's stock price to reach $180.62 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price. View analysts price targets for FANG or view top-rated stocks among Wall Street analysts. How have FANG shares performed in 2023? Diamondback Energy's stock was trading at $136.78 at the start of the year. Since then, FANG shares have increased by 5.5% and is now trading at $144.29. View the best growth stocks for 2023 here. When is Diamondback Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023. View our FANG earnings forecast. How can I listen to Diamondback Energy's earnings call? Diamondback Energy will be holding an earnings conference call on Wednesday, February 22nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Diamondback Energy's earnings last quarter? Diamondback Energy, Inc. (NASDAQ:FANG) posted its quarterly earnings data on Sunday, October, 31st. The oil and natural gas company reported $2.94 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.13. The oil and natural gas company earned $1.91 billion during the quarter, compared to analyst estimates of $1.48 billion. Diamondback Energy had a net margin of 45.47% and a trailing twelve-month return on equity of 28.49%. Diamondback Energy's revenue for the quarter was up 165.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.62 EPS. Read the conference call transcript. How often does Diamondback Energy pay dividends? What is the dividend yield for Diamondback Energy? Diamondback Energy announced a None dividend on Monday, November 7th. Shareholders of record on Thursday, November 17th will be paid a dividend of $2.26 per share on Friday, November 25th. This represents a dividend yield of 4.7%. The ex-dividend date is Wednesday, November 16th. Read our dividend analysis for FANG. Is Diamondback Energy a good dividend stock? Diamondback Energy (NASDAQ:FANG) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.19%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FANG will have a dividend payout ratio of 12.54% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FANG. How will Diamondback Energy's stock buyback program work? Diamondback Energy announced that its Board of Directors has approved a stock buyback plan on Monday, August 1st 2022, which authorizes the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 17.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued. What is Travis D. Stice's approval rating as Diamondback Energy's CEO? 26 employees have rated Diamondback Energy Chief Executive Officer Travis D. Stice on Glassdoor.com. Travis D. Stice has an approval rating of 96% among the company's employees. This puts Travis D. Stice in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 66.0% of employees surveyed would recommend working at Diamondback Energy to a friend. 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), Walt Disney (DIS), Advanced Micro Devices (AMD), 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 variety of institutional and retail investors. Top institutional shareholders include Boston Partners (1.14%), Pacer Advisors Inc. (0.78%), Yacktman Asset Management LP (0.75%), Mizuho Markets Americas LLC (0.00%), Swiss National Bank (0.38%) and Sumitomo Mitsui Trust Holdings Inc. (0.28%). Insiders that own company stock include Daniel N Wesson, Hof Matthew Kaes Van't, Matt Zmigrosky, Michael P Cross, Russell Pantermuehl, Steven E West, Teresa L Dick, Thomas F Hawkins and Travis D Stice. 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 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 $144.29. How much money does Diamondback Energy make? Diamondback Energy (NASDAQ:FANG) has a market capitalization of $25.89 billion and generates $6.80 billion in revenue each year. The oil and natural gas company earns $2.18 billion in net income (profit) each year or $24.55 on an earnings per share basis. How many employees does Diamondback Energy have? The company employs 870 workers across the globe. How can I contact Diamondback Energy? Diamondback Energy's mailing address is 500 West Texas Suite 1200, Midland TX, 79701. The official website for the company is www.diamondbackenergy.com. The oil and natural gas company can be reached via phone at (432) 221-7400 or via email at ir@diamondbackenergy.com. This page (NASDAQ:FANG) was last updated on 2/9/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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