Diamondback Energy (FANG)
NASDAQ:FANG
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FANG Stock Chart & Stats
$180.27
-$2.48(-1.44%)
At close: 4:00 PM EST
$180.27
-$2.48(-1.44%)
Day’s Range― - ―
52-Week Range$133.75 - $214.51
Previous CloseN/A
Volume499.52K
Average Volume (3M)2.58M
Market Cap
$56.46B
Enterprise Value$70.18B
Total Cash (Recent Filing)$176.00M
Total Debt (Recent Filing)$13.90B
Price to Earnings (P/E)97.1
Beta0.47
Next Earnings
Aug 03, 2026EPS Estimate
5.78Next Dividend Ex-DateN/A
Dividend Yield2.7%
Share Statistics
EPS (TTM)0.85
Shares Outstanding281,313,300
10 Day Avg. Volume1,702,623
30 Day Avg. Volume2,575,896
Financial Highlights & Ratios
PEG Ratio-0.41
Price to Book (P/B)1.18
Price to Sales (P/S)2.89
P/FCF Ratio8.30
Enterprise Value/Market Cap1.24
Enterprise Value/Revenue4.62
Enterprise Value/Gross Profit11.04
Enterprise Value/Ebitda12.95
Forecast
1Y Price Target
$229.26Price Target Upside27.18% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering25
EPS Forecast (FY)19.13
Revenue Forecast (FY)$17.80B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow And Shareholder ReturnsStrong free cash flow prospects support meaningful cash returns through share repurchases and an increased quarterly base dividend, signaling a focus on returning capital to investors.
Low Operating And Well CostsIndustry-low operating costs and best-in-class well costs drive high cash margins and attractive returns on invested capital, making growth opportunities more profitable at current oil prices.
Operational Flexibility From Drilled-but-uncompleted WellsA large backlog of drilled-but-uncompleted wells allows rapid, capital-efficient production increases by prioritizing completions before committing to new rig additions.
Bears Say
Commodity Exposure And Gas Price WeaknessMaterial exposure to natural gas and natural gas liquids creates downside risk when regional gas prices are weak, which can dampen cash flow and returns if low prices persist.
Elevated Capital Spending From Deeper-zone DevelopmentDevelopment of deeper zones requires additional casing and more complex completions, increasing well costs and capital spending that can pressure near-term cash flow until efficiencies are achieved.
Share Dilution Risk From Major Shareholder OfferingA large secondary equity offering by a major shareholder can raise the share count and create dilution pressure, limiting the effectiveness of buybacks in supporting per-share value.
Diamondback News
FANG FAQ
What was Diamondback Energy’s price range in the past 12 months?
Diamondback Energy lowest stock price was $133.75 and its highest was $214.51 in the past 12 months.
What is Diamondback Energy’s market cap?
Diamondback Energy’s market cap is $56.46B.
When is Diamondback Energy’s upcoming earnings report date?
Diamondback Energy’s upcoming earnings report date is Aug 03, 2026 which is in 71 days.
How were Diamondback Energy’s earnings last quarter?
Diamondback Energy released its earnings results on May 04, 2026. The company reported $4.23 earnings per share for the quarter, beating the consensus estimate of $3.737 by $0.493.
Is Diamondback Energy overvalued?
According to Wall Street analysts Diamondback Energy’s price is currently Undervalued.
Does Diamondback Energy pay dividends?
Diamondback Energy pays a Quarterly dividend of $1 which represents an annual dividend yield of 2.7%. See more information on Diamondback Energy dividends here
What is Diamondback Energy’s EPS estimate?
Diamondback Energy’s EPS estimate is 5.78.
How many shares outstanding does Diamondback Energy have?
Diamondback Energy has 281,313,300 shares outstanding.
What happened to Diamondback Energy’s price movement after its last earnings report?
Diamondback Energy reported an EPS of $4.23 in its last earnings report, beating expectations of $3.737. Following the earnings report the stock price went down -3.514%.
Which hedge fund is a major shareholder of Diamondback Energy?
Currently, no hedge funds are holding shares in FANG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Diamondback Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$229.26 (27.18% Upside)
$229.26 (27.18% Upside)
Blogger Sentiment
Bullish
FANG Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 515.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.4B over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 5.6%
Last 30 Days ▲ 5.6%
News Sentiment
Bullish
Bullish news 79%
Bearish news 20%
Bearish news 20%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.06%
12-Months-Change
Fundamentals
Return on Equity
1.06%
Trailing 12-Months
Asset Growth
0.02%
Trailing 12-Months
Company Description
Diamondback Energy
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
FANG Company Deck
FANG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a constructive and proactive tone: Diamondback is pivoting to measured growth (adding rigs and a fifth frac crew) in response to a supportive macro environment while demonstrating operational execution (Q1 production beat, completion uplifts, and drilling cost improvements). The company is prioritizing capital efficiency and balance sheet repair—net debt targets brought forward, dividend increased, and a disciplined buyback posture—while acknowledging near-term risks from negative Waha differentials, market volatility, and potential service capacity constraints. Overall, the positives around production, cost improvement, cash generation, and balance-sheet optionality materially outweigh the operational and macro headwinds.View all FANG earnings summariesFANG Revenue Breakdown
77.34% Oil sales
2.66% Natural gas sales
9.53% Natural gas liquid sales
9.82% Sales of purchased oil
0.65% Other operating income
FANG Stock 12 Month Forecast
Average Price Target
$229.26
▲(27.18% Upside)
Technical Analysis
Ownership Overview
30.54% Insiders
19.45% Mutual Funds
11.09% Other Institutional Investors
13.44% Public Companies and Individual Investors