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, February 18th. Shareholders of record on Tuesday, March 3rd will be given a dividend of $0.375 per share on Tuesday, March 10th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Diamondback Energy's previous quarterly dividend of $0.19. View Diamondback Energy's Dividend History.

Diamondback Energy Inc (NASDAQ:FANG) announced its quarterly earnings results on Tuesday, February, 18th. The oil and natural gas company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.80 by $0.13. The oil and natural gas company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.09 billion. Diamondback Energy had a net margin of 6.05% and a return on equity of 7.00%. Diamondback Energy's revenue for the quarter was up 74.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.21 EPS. View Diamondback Energy's Earnings History.

Diamondback Energy is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Diamondback Energy.

22 analysts have issued 1 year price targets for Diamondback Energy's stock. Their forecasts range from $105.00 to $165.00. On average, they anticipate Diamondback Energy's stock price to reach $132.32 in the next year. This suggests a possible upside of 73.2% from the stock's current price. View Analyst Price Targets for Diamondback Energy.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last year. There are currently 2 hold ratings, 19 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Diamondback Energy.

Media headlines about FANG stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Diamondback Energy earned a media sentiment score of -3.4 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 effect on the stock's share price in the near future. View News Stories for Diamondback Energy.

Diamondback Energy saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 7,660,000 shares, a decline 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 days-to-cover ratio is currently 3.6 days. Currently, 4.8% of the shares of the company are sold short. 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), EQT (EQT) 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), salesforce.com (CRM), Netflix (NFLX), Intel (INTC), Boeing (BA), AbbVie (ABBV), Walt Disney (DIS) and Chevron (CVX).

Diamondback Energy's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (12.20%), State Street Corp (5.24%), Capital World Investors (3.33%), Boston Partners (1.86%), Geode Capital Management LLC (1.65%) and Bank of America Corp DE (1.50%). 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 Capital World Investors, FMR LLC, Goldman Sachs Group Inc., Point72 Asset Management L.P., Teacher Retirement System of Texas, Bridgeworth LLC, CIBC Private Wealth Group LLC and Van ECK Associates Corp. 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 Capital Research Global Investors, Bank of America Corp DE, Ceredex Value Advisors LLC, State Street Corp, Boston Partners, Anchor Capital Advisors LLC, Thrivent Financial for Lutherans 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 $76.40.

Diamondback Energy has a market capitalization of $12.26 billion and generates $3.96 billion in revenue each year. The oil and natural gas company earns $845.67 million in net income (profit) each year or $6.93 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]