Diamondback Energy, Inc. (FANG)
| Market Cap | 55.35B +30.0% |
| Revenue (ttm) | 16.25B +20.2% |
| Net Income | 1.46B -61.8% |
| EPS | 5.12 -63.8% |
| Shares Out | 280.02M |
| PE Ratio | 38.61 |
| Forward PE | 10.70 |
| Dividend | $4.40 (2.23%) |
| Ex-Dividend Date | Aug 13, 2026 |
| Volume | 2,128,048 |
| Open | 201.62 |
| Previous Close | 200.52 |
| Day's Range | 197.06 - 202.40 |
| 52-Week Range | 134.30 - 216.90 |
| Beta | 0.42 |
| Analysts | Strong Buy |
| Price Target | 232.54 (+17.64%) |
| Earnings Date | Aug 3, 2026 |
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, the United States. The company primarily 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, both of 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... [Read more]
Financial Performance
In 2025, Diamondback Energy's revenue was $14.30 billion, an increase of 35.36% compared to the previous year's $10.56 billion. Earnings were $1.66 billion, a decrease of -50.08%.
Financial StatementsAnalyst Summary
According to 29 analysts, the average rating for FANG stock is "Strong Buy." The 12-month stock price target is $232.54, which is an increase of 17.64% from the latest price.
News
Diamondback Energy downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley analyst Devin McDermott downgraded Diamondback Energy (FANG) to Equal Weight from Overweight with an unchanged price target of $216. The firm says Diamondback trades at an in-line valua...
WhiteWater-led venture approves Permian-to-Texas gas pipeline project
Infrastructure company WhiteWater and its joint venture partners Devon Energy , MPLX , Diamondback Energy and Western Midstream Partners said on Monday they had reached a final investment decision (...
Solitude Pipeline System JV reaches positive Final Investment Decision
WhiteWater announced that it, together with Devon Energy (DVN), MPLX LP (MPLX), Diamondback Energy (FANG) and Western Midstream Partners (WES), through their Solitude Pipeline System joint venture, ha...
SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST
AUSTIN, Texas, Aug. 17, 2026 /PRNewswire/ -- WhiteWater today announced that it, together with Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: FANG) and W...
Diamondback Energy price target lowered to $221 from $232 at Barclays
Barclays lowered the firm’s price target on Diamondback Energy (FANG) to $221 from $232 and keeps an Overweight rating on the shares. The firm adjusted targets in the integrated oil…
Expert says ‘stalemate' in Hormuz gives an opportunity to energy plays
Tortoise Capital senior portfolio manager Brian Kessens discusses whether energy stocks are overvalued on ‘The Claman Countdown.' #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #...
17 S&P 500 companies with growing revenue and profit margins — and some of their stocks are cheap
These companies increased their quarterly sales per share by at least 40% while expanding their gross profit margins and their operating margins.
Molly Pieroni Explains Strait of Hormuz's Lasting Impact on Energy Earnings
Crude oil prices are up again but investors don't seem to care, argues Molly Pieroni, as tensions surrounding the Strait of Hormuz persist. She offers more insight into energy company earnings and how...
Diamondback Energy price target lowered to $220 from $221 at Citi
Citi lowered the firm’s price target on Diamondback Energy (FANG) to $220 from $221 and keeps a Buy rating on the shares.
Diamondback Energy price target raised to $205 from $200 at Jefferies
Jefferies raised the firm’s price target on Diamondback Energy (FANG) to $205 from $200 and keeps a Hold rating on the shares following the earnings report. Diamondback raised its 2026…
Diamondback Energy price target raised to $224 from $220 at Truist
Truist analyst Gabe Daoud raised the firm’s price target on Diamondback Energy (FANG) to $224 from $220 and keeps a Buy rating on the shares. The firm updated its model…
Roth bullish on Diamondback Energy after results, power deal likely by YE26
Roth Capital notes Diamondback Energy (FANG) reported Q2 CFPS of approximately $11.45, which was 1% above consensus of $11.33 due to higher production. Q3 oil production guide was 0.6% below…
Diamondback Energy Earnings Call Transcript: Q2 2026
Production and operational efficiency drove strong results, with 4% YTD growth, lower costs, and robust gas outperformance. Flexible capital returns, reduced net debt, and strategic infrastructure investments position the company for continued growth and resilience.
Diamondback Energy Earnings release: Q2 2026
Diamondback Energy released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Diamondback Energy Slides: Q2 2026
Diamondback Energy has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Diamondback Energy Quarterly report: Q2 2026
Diamondback Energy has published its Q2 2026 quarterly earnings report on August 4, 2026.
Diamondback Energy price target raised to $206 from $199 at Wolfe Research
Wolfe Research analyst Doug Leggate raised the firm’s price target on Diamondback Energy (FANG) to $206 from $199 and keeps an Outperform rating on the shares. Diamondback’s Q2 results show…
Diamondback Energy Lifts Production Guidance, Reports Surging Profit on High Oil Prices
The company benefited from the run-up in oil prices following the start of the war in Iran.
Diamondback Energy reports Q2 adjusted EPS $6.28, consensus $5.98
Reports Q2 revenue $5.56B, consensus $4.95B. Reports Q2 average oil production of 525 MBO/d.
Diamondback Energy raises FY26 net production view to 1,000 MBOE/d from 972
Sees FY26 capital expenditures $3.9B. Sees Q3 oil production 517-527 MBO/D. Sees Q3 capital expenditures $950M-$1.05B.
Shale producer Diamondback Energy beats second-quarter profit estimates
U.S. shale producer Diamondback Energy surpassed Wall Street expectations for second-quarter profit on Monday, as supply disruptions due to the prolonged conflict in the Middle East keep global oi...
Diamondback Energy, Inc. Announces Second Quarter 2026 Financial and Operating Results
MIDLAND, Texas, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today announced financial and operating results for the second q...
Letter to Stockholders Issued by Diamondback Energy, Inc.
MIDLAND, Texas, Aug. 03, 2026 (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 Commis...
Diamondback Energy price target lowered to $248 from $249 at Raymond James
Raymond James analyst John Freeman lowered the firm’s price target on Diamondback Energy (FANG) to $248 from $249 and keeps a Strong Buy rating on the shares. Published first on…
Diamondback Energy price target raised to $255 from $245 at Susquehanna
Susquehanna analyst Charles Minervino raised the firm’s price target on Diamondback Energy (FANG) to $255 from $245 and keeps a Positive rating on the shares. The firm is updating estimates…