| Market Cap | 38.93B |
| Revenue (ttm) | 12.38B |
| Net Income (ttm) | 3.95B |
| Shares Out | 292.52M |
| EPS (ttm) | 16.37 |
| PE Ratio | 8.13 |
| Forward PE | 9.70 |
| Dividend | $6.21 (4.67%) |
| Ex-Dividend Date | Mar 6, 2025 |
| Volume | 2,865,788 |
| Open | 133.51 |
| Previous Close | 136.81 |
| Day's Range | 132.31 - 134.91 |
| 52-Week Range | 114.00 - 214.50 |
| Beta | 1.03 |
| Analysts | Strong Buy |
| Price Target | 198.10 (+48.86%) |
| Earnings Date | May 5, 2025 |
About FANG
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, 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. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas. [Read more]
Financial Performance
In 2024, Diamondback Energy's revenue was $10.56 billion, an increase of 32.69% compared to the previous year's $7.96 billion. Earnings were $3.32 billion, an increase of 6.28%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for FANG stock is "Strong Buy." The 12-month stock price forecast is $198.1, which is an increase of 48.86% from the latest price.
News
Letter to Stockholders Issued by Diamondback Energy, Inc.
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commiss...
Diamondback Energy, Inc. Announces First Quarter 2025 Financial and Operating Results
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended Ma...
3 Of The Cheapest High-Quality Stocks Money Can Buy
Geopolitical risks and economic uncertainty have battered markets, but I view this turmoil as an opportunity to buy high-quality, undervalued stocks. Despite volatility and weak earnings trends, I'm f...
Oil Be Rich: My Favorite Energy Dividend Stocks Are A Steal Right Now
Energy stocks are volatile, influenced by factors like commodity prices, geopolitical events, and supply changes. However, despite short-term challenges, I remain optimistic for long-term growth in th...
10 ‘pure value' stocks favored by analysts to soar 20% to 96% over the next year
Way back on Jan. 21, we screened the S&P 500 to identify value stocks that appeared to have some characteristics of growth stocks, to help long-term investors identify potential bargains in a market t...
Top Wall Street analysts like these dividend-paying energy stocks
TipRanks' analyst ranking service discusses three dividend-paying stocks, including Energy Transfer and Diamondback Energy.
Diamondback Energy, Inc. Provides Operational Update for the First Quarter of 2025
MIDLAND, Texas, April 16, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) provided an operational update for the first quarter of 2025.
Wall Street's 12 favorite stocks could soar as much as 54%, analysts say
The day-to-day volatility for the S&P 500 settled down on Monday and Tuesday. But two-thirds of stocks in the U.S. large-cap benchmark index have declined this year, with 220 of the 500 stocks down at...
Diamondback Energy: Big Dividend Yield And A Lot Of Room For Capital Appreciation
Diamondback Energy offers a compelling investment with a single-digit P/E, a 5%+ yield, and a breakeven point of around $36 per barrel. Citigroup upgraded FANG to Buy with a price target increase from...
Diamondback Energy Has A Major Power Play At Hand
Diamondback Energy is poised for growth due to rising natural gas demand from large-scale data centers and the growing need for LNG cargoes for the EU gas reserve. Strategic M&A activities, including ...
Diamondback Energy: Fast-Growing Dividend Now Has A Tempting Yield
Diamondback Energy, Inc. stock is currently undervalued. The company has a strong history of growth through acquisitions and share repurchases, enhancing shareholder returns and dividend growth. Divid...
Diamondback Energy: Double-Digit FCF Yield From The Original 'FANG' Stock
Diamondback Energy: Double-Digit FCF Yield From The Original 'FANG' Stock
Diamondback Energy, Inc. Announces Closing of Double Eagle Acquisition
MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has completed its previously announced acquisition o...
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and ...
Top analysts are upbeat on these 3 dividend stocks for stable income
TipRanks' analyst ranking service highlights three dividend-paying stocks, including Vitesse Energy and ConocoPhillips.
Diamondback Energy, Inc. Schedules First Quarter 2025 Conference Call for May 6, 2025
MIDLAND, Texas, March 19, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release first quarter 2025 financial results on May 5, 2025...
Calls of the Day: Netflix, Exxon and Diamondback Energy
The Investment Committee debate the latest Calls of the Day.
Down, But Not Out: My Favorite Energy Stocks For Income And Growth
President Trump aims to lower oil prices, but domestic production growth faces challenges. The administration may turn to OPEC+ and political pressure to boost supply. Despite short-term volatility, m...
Top Wall Street analysts are bullish on these dividend stocks
TipRanks' analyst ranking service highlights three dividend-paying stocks, including Coterra Energy and Walmart.
Diamondback Energy's Downturn Hides Potential
Diamondback Energy's strong FCF and commitment to returning at least 50% of quarterly FCF to shareholders ensure robust shareholder returns. Focused on the Permian Basin, Diamondback's strategic acqui...
Diamondback Energy Prices Offering of Senior Notes
MIDLAND, Texas, March 06, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) announced today that it has priced an offering (the “Notes Offering”) of $1,200,000,000 in ag...
Dividends Are The Future - Why I'm Betting Big On These Value Plays
I expect a market rotation from growth to value stocks, driven by inflation stability, fading AI tailwinds, and attractive valuations in value sectors. Dividend stocks, especially in energy and REITs,...
Diamondback Energy Integrating Major Acquisition
Diamondback Energy's $26 billion acquisition of private company Endeavor has nearly doubled Diamondback's market capitalization to $46.4 billion. This premiere Permian oil producer currently pays a 2....