Diamondback Energy Stock Forecast, Price & News

Diamondback Energy's stock was trading at $26.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FANG shares have decreased by 2.5% and is now trading at $25.54.
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27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamondback Energy in the last year. There are currently 6 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Diamondback Energy is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Diamondback Energy.

Diamondback Energy will be holding an earnings conference call on Monday, November 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Diamondback Energy Inc (NASDAQ:FANG) released its quarterly earnings data on Monday, August, 3rd. The oil and natural gas company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.12. The oil and natural gas company had revenue of $425 million for the quarter, compared to analysts' expectations of $586.01 million. Diamondback Energy had a positive return on equity of 5.66% and a negative net margin of 81.81%. The company's revenue for the quarter was down 58.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.70 EPS.
View Diamondback Energy's earnings history.

Diamondback Energy declared a quarterly dividend on Monday, August 3rd. Stockholders of record on Thursday, August 13th will be given a dividend of $0.375 per share on Thursday, August 20th. This represents a $1.50 annualized dividend and a dividend yield of 5.87%. The ex-dividend date is Wednesday, August 12th.
View Diamondback Energy's dividend history.

27 brokerages have issued 1-year price targets for Diamondback Energy's shares. Their forecasts range from $41.00 to $138.00. On average, they expect Diamondback Energy's stock price to reach $58.91 in the next twelve months. This suggests a possible upside of 130.6% from the stock's current price.
View analysts' price targets for Diamondback Energy.

Diamondback Energy saw a increase in short interest in October. As of October 15th, there was short interest totaling 10,860,000 shares, an increase of 20.9% from the September 30th total of 8,980,000 shares. Based on an average trading volume of 2,570,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 6.9% of the company's stock are short sold.
View Diamondback Energy's Short Interest.

Some companies that are related to Diamondback Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Continental Resources (CLR), Noble Energy (NBL), EQT (EQT), Devon Energy (DVN), Marathon Oil (MRO), Apache (APA), Cimarex Energy (XEC), WPX Energy (WPX), Range Resources (RRC) and Southwestern Energy (SWN).
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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), The Walt Disney (DIS), Advanced Micro Devices (AMD), The Boeing (BA), Johnson & Johnson (JNJ) and Netflix (NFLX).

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

Diamondback Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.31%), Retirement Systems of Alabama (0.09%), Assenagon Asset Management S.A. (0.07%), State of New Jersey Common Pension Fund D (0.06%), Viking Fund Management LLC (0.05%) and Adams Natural Resources Fund Inc. (0.05%). 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 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 Keybank National Association OH, Cambridge Investment Research Advisors Inc., State of New Jersey Common Pension Fund D, Stoneridge Investment Partners LLC, Standard Life Aberdeen plc, Clear Harbor Asset Management LLC, Sumitomo Mitsui DS Asset Management Company Ltd, and CENTRAL TRUST Co.
View insider buying and selling activity for Diamondback Energy.

FANG stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Viking Fund Management LLC, Exane Derivatives, Exane Derivatives, Retirement Systems of Alabama, KBC Group NV, NuWave Investment Management LLC, and DekaBank Deutsche Girozentrale. Company insiders that have bought Diamondback Energy stock in the last two years include Hof Matthew Kaes Van't, Michael L Hollis, and Travis D Stice.
View insider buying and selling activity 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 $25.54.

Diamondback Energy has a market capitalization of $4.03 billion and generates $3.96 billion in revenue each year. The oil and natural gas company earns $240 million in net income (profit) each year or $6.93 on an earnings per share basis. Diamondback Energy employs 711 workers across the globe.

The official website for Diamondback Energy is 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]