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. $130.62 +5.01 (+3.99%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$128.36▼$131.1050-Day Range$122.74▼$150.9652-Week Range$103.71▼$168.95Volume3.06 million shsAverage Volume2.51 million shsMarket Capitalization$23.98 billionP/E Ratio5.30Dividend Yield2.45%Price Target$181.45 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Diamondback Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.90 Rating ScoreUpside/Downside38.9% Upside$181.45 Price TargetShort InterestHealthy2.75% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.09Upright™ Environmental ScoreNews Sentiment0.42Based on 22 Articles This WeekInsider TradingSelling Shares$275,564 Sold Last QuarterProj. Earnings Growth4.53%From $22.08 to $23.08 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.3.09 out of 5 starsOils/Energy Sector23rd out of 242 stocksCrude Petroleum & Natural Gas Industry15th out of 78 stocks 4.5 Analyst's Opinion Consensus RatingDiamondback Energy has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 17 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $181.45, Diamondback Energy has a forecasted upside of 38.9% from its current price of $130.62.Amount of Analyst CoverageDiamondback Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.75% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Diamondback Energy has recently increased by 1.05%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldDiamondback Energy pays a meaningful dividend of 2.60%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiamondback Energy has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Diamondback Energy is 12.99%. 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 13.86% 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 2.5 News and Social Media Coverage News SentimentDiamondback Energy has a news sentiment score of 0.42. 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 22 news articles for Diamondback Energy this week, compared to 7 articles on an average week.Search Interest124 people have searched for FANG on MarketBeat in the last 30 days. This is an increase of 19% compared to the previous 30 days.MarketBeat FollowsOnly 30 people have added Diamondback Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Diamondback Energy are expected to grow by 4.53% in the coming year, from $22.08 to $23.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Diamondback Energy is 5.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Diamondback Energy is 5.30, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 61.05.Price to Earnings Growth RatioDiamondback Energy has a PEG Ratio of 0.25. 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 1.49. 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 HeadlinesMarch 21, 2023 | benzinga.comDiamondback Energy Unusual Options ActivityMarch 21, 2023 | seekingalpha.comOil and gas stocks surge as crude climbs for second straight dayMarch 21, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 21, 2023 | finance.yahoo.comPermian Oil Rig Count Rises After 4 Straight Weeks of DeclineMarch 20, 2023 | seekingalpha.comDiamondback Energy: Tough Year AheadMarch 20, 2023 | americanbankingnews.comDiamondback Energy (NASDAQ:FANG) Price Target Raised to $182.00 at BarclaysMarch 19, 2023 | americanbankingnews.comBrokerages Set Diamondback Energy, Inc. (NASDAQ:FANG) Target Price at $180.58March 17, 2023 | marketwatch.comDiamondback Energy Inc. stock underperforms Thursday when compared to competitors despite daily gainsMarch 21, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 17, 2023 | americanbankingnews.comFY2023 EPS Estimates for Diamondback Energy, Inc. (NASDAQ:FANG) Reduced by AnalystMarch 16, 2023 | americanbankingnews.comBrokers Offer Predictions for Diamondback Energy, Inc.'s FY2024 Earnings (NASDAQ:FANG)March 14, 2023 | americanbankingnews.comAnalyzing Diamondback Energy (NASDAQ:FANG) and Crescent Point Energy (NYSE:CPG)March 13, 2023 | marketwatch.comDiamondback Energy Inc. stock underperforms Monday when compared to competitorsMarch 13, 2023 | finance.yahoo.comWith Diamondback Energy, Inc.'s (NASDAQ:FANG)) price down 5.3% this week, insiders might find some solace having sold US$1.0m worth of shares earlier this year.March 13, 2023 | finance.yahoo.comPermian Oil Rig Count Falls for 4 Straight WeeksMarch 13, 2023 | americanbankingnews.comMizuho Cuts Diamondback Energy (NASDAQ:FANG) Price Target to $177.00March 12, 2023 | americanbankingnews.comDiamondback Energy, Inc. Forecasted to Earn Q1 2023 Earnings of $5.07 Per Share (NASDAQ:FANG)March 11, 2023 | americanbankingnews.comDiamondback Energy, Inc. Forecasted to Earn FY2025 Earnings of $21.43 Per Share (NASDAQ:FANG)March 11, 2023 | americanbankingnews.comKeyCorp Equities Analysts Lower Earnings Estimates for Diamondback Energy, Inc. (NASDAQ:FANG)March 7, 2023 | finance.yahoo.comDiamondback Energy (FANG) Stock Moves -0.56%: What You Should KnowMarch 6, 2023 | msn.comA Look Into Diamondback Energy's DebtMarch 5, 2023 | finance.yahoo.comEstimating The Fair Value Of Diamondback Energy, Inc. (NASDAQ:FANG)March 1, 2023 | marketwatch.comDiamondback Energy Inc. stock rises Monday, outperforms marketFebruary 28, 2023 | finance.yahoo.comDiamondback Energy, Inc. (FANG) Is a Trending Stock: Facts to Know Before Betting on ItFebruary 28, 2023 | finance.yahoo.comTop Stocks for March 2023February 25, 2023 | finance.yahoo.comIs It Smart To Buy Diamondback Energy, Inc. (NASDAQ:FANG) Before It Goes Ex-Dividend?February 24, 2023 | seekingalpha.comDiamondback Energy, Inc. (FANG) Q4 2022 Earnings Call TranscriptSee 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 Earnings2/21/2023Ex-Dividend for 3/10 Dividend3/02/2023Dividend Payable3/10/2023Today3/21/2023Next Earnings (Estimated)5/01/2023Fiscal 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$181.45 High Stock Price Forecast$210.00 Low Stock Price Forecast$143.00 Forecasted Upside/Downside+39.8%Consensus RatingModerate Buy Rating Score (0-4)2.90 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$24.63 Trailing P/E Ratio5.27 Forward P/E Ratio5.88 P/E Growth0.25Net Income$4.39 billion Net Margins45.48% Pretax Margin59.48% Return on Equity29.29% Return on Assets17.69% Debt Debt-to-Equity Ratio0.40 Current Ratio0.81 Quick Ratio0.77 Sales & Book Value Annual Sales$9.64 billion Price / Sales2.47 Cash Flow$33.02 per share Price / Cash Flow3.93 Book Value$87.43 per share Price / Book1.48Miscellaneous Outstanding Shares183,590,000Free Float182,819,000Market Cap$23.83 billion OptionableOptionable Beta2.03 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 CompetitorsDevon EnergyNYSE:DVNMarathon OilNYSE:MROEQTNYSE:EQTRange ResourcesNYSE:RRCPioneer Natural ResourcesNYSE:PXDView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 3,080 shares on 3/15/2023Ownership: 0.006%Rockefeller Capital Management L.P.Bought 34,949 shares on 3/6/2023Ownership: 0.127%Loring Wolcott & Coolidge Fiduciary Advisors LLP MASold 300 shares on 3/2/2023Ownership: 0.003%Regal Investment Advisors LLCBought 332 shares on 3/1/2023Ownership: 0.013%Lakewood Asset Management LLCBought 6,214 shares on 3/1/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions FANG Stock - Frequently Asked Questions Should I buy or sell Diamondback Energy stock right now? 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last year. There are currently 1 sell rating, 1 hold rating, 17 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? 20 Wall Street analysts have issued 12 month price objectives for Diamondback Energy's shares. Their FANG share price forecasts range from $143.00 to $210.00. On average, they predict the company's share price to reach $181.45 in the next twelve months. This suggests a possible upside of 38.6% 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 stock has decreased by 4.3% and is now trading at $130.90. 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 Monday, May 1st 2023. View our FANG earnings forecast. How were Diamondback Energy's earnings last quarter? Diamondback Energy, Inc. (NASDAQ:FANG) released its quarterly earnings data on Tuesday, February, 21st. The oil and natural gas company reported $5.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.20 by $0.09. The oil and natural gas company had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.09 billion. Diamondback Energy had a net margin of 45.48% and a trailing twelve-month return on equity of 29.29%. The company's revenue was up .4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.63 earnings per share. Read the conference call transcript. How often does Diamondback Energy pay dividends? What is the dividend yield for Diamondback Energy? Diamondback Energy declared a quarterly dividend on Tuesday, February 21st. Stockholders of record on Friday, March 3rd will be given a dividend of $2.95 per share on Friday, March 10th. This represents a $11.80 dividend on an annualized basis and a dividend yield of 9.01%. The ex-dividend date of this dividend is Thursday, March 2nd. Read our dividend analysis for FANG. What ETFs hold Diamondback Energy's stock? ETFs with the largest weight of Diamondback Energy (NASDAQ:FANG) stock in their portfolio include Invesco S&P 500 Equal Weight Energy ETF (RYE), iShares U.S. Oil & Gas Exploration & Production ETF (IEO), 2ndVote Life Neutral Plus ETF (LYFE), AXS Brendan Wood TopGun Index ETF (TGN), Alger Mid Cap 40 ETF (FRTY), First Trust Energy AlphaDEX Fund (FXN), First Trust Natural Gas ETF (FCG) and 2ndVote Society Defended ETF (EGIS). Is Diamondback Energy a good dividend stock? Diamondback Energy (NASDAQ:FANG) pays an annual dividend of $3.20 per share and currently has a dividend yield of 2.60%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 12.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FANG will have a dividend payout ratio of 13.86% 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 declared that its Board of Directors has initiated a stock buyback program on Monday, August 1st 2022, which permits the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 17.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its stock is 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 many different institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (2.08%), Morgan Stanley (1.99%), Boston Partners (1.14%), Ontario Teachers Pension Plan Board (1.13%), Susquehanna International Group LLP (0.00%) and Dimensional Fund Advisors LP (0.95%). 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 $130.90. How much money does Diamondback Energy make? Diamondback Energy (NASDAQ:FANG) has a market capitalization of $24.03 billion and generates $9.64 billion in revenue each year. The oil and natural gas company earns $4.39 billion in net income (profit) each year or $24.63 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. 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