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

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

Diamondback Energy announced a quarterly dividend on Tuesday, November 5th. Shareholders of record on Friday, November 15th will be given a dividend of $0.1875 per share on Friday, November 22nd. This represents a $0.75 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Thursday, November 14th. View Diamondback Energy's Dividend History.

Diamondback Energy Inc (NASDAQ:FANG) announced its quarterly earnings data on Tuesday, November, 5th. The oil and natural gas company reported $1.47 EPS for the quarter, missing the 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%. The company's quarterly revenue was up 81.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.67 EPS. 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.

Diamondback Energy will be holding an earnings conference call on Tuesday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

21 analysts have issued 1 year target prices for Diamondback Energy's shares. Their forecasts range from $105.00 to $165.00. On average, they expect Diamondback Energy's stock price to reach $133.20 in the next twelve months. This suggests a possible upside of 77.7% from the stock's current price. View Analyst Price Targets for Diamondback Energy.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last year. There are currently 2 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Diamondback Energy.

News coverage about FANG stock has been trending somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Diamondback Energy earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned news articles about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Diamondback Energy.

Diamondback Energy saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 7,660,000 shares, a drop of 9.7% from the December 31st total of 8,480,000 shares. Based on an average daily trading volume, of 2,110,000 shares, the short-interest ratio is currently 3.6 days. Currently, 4.8% of the company's shares 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), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), Matador Resources (MTDR) and PDC Energy (PDCE).

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), salesforce.com (CRM), Netflix (NFLX), Boeing (BA), AbbVie (ABBV), Walt Disney (DIS), Intel (INTC) and Chevron (CVX).

Diamondback Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (5.24%), Boston Partners (1.86%), Bank of America Corp DE (1.50%), Ceredex Value Advisors LLC (1.32%), FMR LLC (1.27%) and Victory Capital Management Inc. (0.84%). Company insiders that own Diamondback Energy stock include Hof Matthew Kaes Van't, Jennifer Soliman, Michael L Hollis, Michael P Cross, 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 FMR LLC, Goldman Sachs Group Inc., Point72 Asset Management L.P., Teacher Retirement System of Texas, Bridgeworth LLC, CIBC Private Wealth Group LLC, Van ECK Associates Corp and Cubist Systematic Strategies LLC. 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 purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Ceredex Value Advisors LLC, State Street Corp, Boston Partners, Anchor Capital Advisors LLC, Thrivent Financial for Lutherans, Victory Capital Management Inc. and Victory Capital Management Inc.. 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 $74.97.

Diamondback Energy has a market capitalization of $12.03 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]