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, November 5th. Investors 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 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, November 14th. View Diamondback Energy's Dividend History.

Diamondback Energy Inc (NASDAQ:FANG) posted 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 analyst estimates of $1.04 billion. Diamondback Energy had a net margin of 29.59% and a return on equity of 6.01%. Diamondback Energy's quarterly revenue was up 81.6% on a year-over-year basis. During the same period last year, the firm earned $1.67 earnings per share. 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.

22 equities research analysts have issued 1 year price objectives for Diamondback Energy's stock. Their forecasts range from $110.00 to $165.00. On average, they expect Diamondback Energy's share price to reach $133.71 in the next year. This suggests a possible upside of 49.3% 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.

News headlines about FANG stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Diamondback Energy earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned news 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 next few days. View News Stories for Diamondback Energy.

Diamondback Energy saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 7,660,000 shares, a drop of 9.7% from the December 15th total of 8,480,000 shares. Based on an average daily trading volume, of 2,110,000 shares, the days-to-cover ratio is presently 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), Continental Resources (CLR), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), 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), Boeing (BA), Netflix (NFLX), salesforce.com (CRM), Walt Disney (DIS), Intel (INTC), AbbVie (ABBV) and Home Depot (HD).

Diamondback Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.18%), Viking Fund Management LLC (0.05%), Assenagon Asset Management S.A. (0.05%), OLD National Bancorp IN (0.03%), Bridgeworth LLC (0.03%) and Nisa Investment Advisors LLC (0.03%). 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 Bridgeworth LLC, DNB Asset Management AS, Brasada Capital Management LP, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Triangle Securities Wealth Management, Winslow Evans & Crocker Inc., Patten Group Inc. and State of Alaska Department of Revenue. 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 Assenagon Asset Management S.A., Sciencast Management LP, First National Bank of Omaha, Gradient Investments LLC, Orrstown Financial Services Inc., First Hawaiian Bank, Altfest L J & Co. Inc. and Viking Fund Management LLC. 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 $89.54.

Diamondback Energy has a market capitalization of $14.37 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]