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Diamondback Enters Share Agreement with SGF Holdings

Story Highlights
  • Diamondback Energy entered into an agreement with SGF to buy up to 3,000,000 shares quarterly until December 2026.
  • Diamondback repurchased 2,000,000 shares from SGF, with $2.7 billion remaining in its share repurchase authorization.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Diamondback Enters Share Agreement with SGF Holdings

TipRanks Cyber Monday Sale

The latest update is out from Diamondback ( (FANG) ).

On November 28, 2025, Diamondback Energy, Inc. entered into a letter agreement with SGF FANG Holdings, LP, allowing SGF to sell up to 3,000,000 shares of Diamondback common stock per quarter through December 31, 2026, at the most recent NASDAQ closing price. As part of this agreement, Diamondback repurchased 2,000,000 shares from SGF at $152.59 per share, contributing to its ongoing share repurchase program. Since September 30, 2025, Diamondback has repurchased a total of 2,886,280 shares for $432 million, with $2.7 billion remaining under its $8 billion repurchase authorization. This agreement does not restrict SGF from selling shares through other means, maintaining flexibility in its stockholder agreement with Diamondback.

The most recent analyst rating on (FANG) stock is a Buy with a $176.00 price target. To see the full list of analyst forecasts on Diamondback stock, see the FANG Stock Forecast page.

Spark’s Take on FANG Stock

According to Spark, TipRanks’ AI Analyst, FANG is a Outperform.

Diamondback Energy’s strong financial performance and technical indicators are the primary drivers of its high score. The company’s strategic focus on operational efficiencies and asset sales further supports its growth potential. However, concerns about declining free cash flow and market uncertainties slightly temper the overall outlook.

To see Spark’s full report on FANG stock, click here.

More about Diamondback

Diamondback Energy, Inc. operates in the energy sector, focusing on the exploration and production of oil and natural gas. The company is known for its operations in the Permian Basin, one of the most prolific oil-producing regions in the United States.

Average Trading Volume: 1,832,367

Technical Sentiment Signal: Buy

Current Market Cap: $43.72B

See more data about FANG stock on TipRanks’ Stock Analysis page.

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