S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:FANG

Diamondback Energy Stock Forecast, Price & News

$107.48
-6.72 (-5.88%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$102.45
$108.34
50-Day Range
$79.11
$115.71
52-Week Range
$39.30
$117.71
Volume
3.13 million shs
Average Volume
2.68 million shs
Market Capitalization
$19.47 billion
P/E Ratio
55.98
Dividend Yield
1.75%
Beta
2.57
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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
Fax
N/A
Employees
732
Year Founded
2007

Sales & Book Value

Annual Sales
$2.81 billion
Cash Flow
$10.63 per share
Book Value
$68.56 per share

Profitability

Net Income
$-4.52 billion
Pretax Margin
11.16%

Debt

Price-To-Earnings

Miscellaneous

Free Float
180,323,000
Market Cap
$19.47 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/31/2021
Ex-Dividend
11/09/2021
Dividend Payable
11/18/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/28/2022

Social Links


MarketRank

Overall MarketRank

2.95 out of 5 stars

Oils/Energy Sector

21st out of 354 stocks

Crude Petroleum & Natural Gas Industry

9th out of 113 stocks

Analyst Opinion: 2.4Community Rank: 5.0Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -












Diamondback Energy (NASDAQ:FANG) Frequently Asked Questions

Is Diamondback Energy a buy right now?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last twelve months. There are currently 4 hold ratings, 19 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Diamondback Energy stock.
View analyst ratings for Diamondback Energy
or view top-rated stocks.

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

Diamondback Energy's stock was trading at $26.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FANG stock has increased by 310.2% and is now trading at $107.48.
View which stocks have been most impacted by COVID-19
.

When is Diamondback Energy's next earnings date?

Diamondback Energy is scheduled to release its next quarterly earnings announcement on Monday, February 28th 2022.
View our earnings forecast for Diamondback Energy
.

How were Diamondback Energy's earnings last quarter?

Diamondback Energy, Inc. (NASDAQ:FANG) announced its quarterly earnings data on Sunday, October, 31st. The oil and natural gas company reported $2.94 earnings per share for the quarter, topping the consensus estimate of $2.81 by $0.13. The oil and natural gas company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.48 billion. Diamondback Energy had a net margin of 7.95% and a trailing twelve-month return on equity of 12.95%. Diamondback Energy's revenue was up 165.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.62 earnings per share.
View Diamondback Energy's earnings history
.

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

Diamondback Energy announced a quarterly dividend on Monday, November 1st. Shareholders of record on Thursday, November 11th will be given a dividend of $0.50 per share on Thursday, November 18th. This represents a $2.00 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Tuesday, November 9th. This is a boost from Diamondback Energy's previous quarterly dividend of $0.45.
View Diamondback Energy's dividend history
.

Is Diamondback Energy a good dividend stock?

Diamondback Energy pays an annual dividend of $2.00 per share and currently has a dividend yield of 1.75%. 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 104.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Diamondback Energy will have a dividend payout ratio of 11.17% 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 analysts have issued 1-year price targets for Diamondback Energy's stock. Their forecasts range from $60.00 to $165.00. On average, they expect Diamondback Energy's share price to reach $115.52 in the next year. This suggests a possible upside of 7.5% from the stock's current price.
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), 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 retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (3.17%), Boston Partners (2.66%), Geode Capital Management LLC (1.84%), Wellington Management Group LLP (1.80%), Invesco Ltd. (1.32%) and Capital World Investors (1.29%). Company insiders that own Diamondback Energy stock include Hof Matthew Kaes Van't, Steven E West, 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 Capital Research Global Investors, Advisory Research Inc., Clark Capital Management Group Inc., Vaughan Nelson Investment Management L.P., Morgan Stanley, Strs Ohio, Copeland Capital Management LLC, and FIL Ltd. Company insiders that have sold Diamondback Energy company stock in the last year include Hof Matthew Kaes Van't, Steven E West, 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 bought by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Victory Capital Management Inc., Boston Partners, Natixis, Citadel Advisors LLC, American Century Companies Inc., Balyasny Asset Management LLC, and Key Square Capital Management 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 $107.48.

How much money does Diamondback Energy make?

Diamondback Energy has a market capitalization of $19.47 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 $1.92 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 11/28/2021 by MarketBeat.com Staff

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