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Diamondback Energy, Inc. (FANG)

206.22 +1.74 (+0.85%)
At close: October 28 at 4:00:01 PM EDT
209.55 +3.33 (+1.61%)
Pre-Market: 8:43:14 AM EDT
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What's happening with FANG?

21m ago
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Diamondback Energy is entering its November 2 earnings report with higher oil prices, merger synergies, and strong cash generation supporting expectations. The central debate is whether disciplined production and debt reduction can justify a valuation that looks expensive on trailing earnings but lower on forward estimates.

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  • Previous Close 204.48
  • Open 206.32
  • Bid 195.32 x 100
  • Ask 218.36 x 100
  • Day's Range 204.67 - 208.02
  • 52 Week Range 137.03 - 216.90
  • Volume 1,132,976
  • Avg. Volume 2,360,392
  • Market Cap (intraday) 57.746B
  • Beta (5Y Monthly) 0.54
  • PE Ratio (TTM) 39.28
  • EPS (TTM) 5.25
  • Earnings Date Nov 2, 2026
  • Forward Dividend & Yield 4.40 (2.13%)
  • 1y Target Est 239.45
  • Morningstar Rating Rating available with Stock Picks access

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, Texas.

www.diamondbackenergy.com

1,762

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Oil & Gas E&P

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FANG
39.52%
S&P 500 (^GSPC)
13.13%

1-Year Return

FANG
49.63%
S&P 500 (^GSPC)
12.38%

3-Year Return

FANG
43.82%
S&P 500 (^GSPC)
88.08%

5-Year Return

FANG
133.78%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 5.56B
Earnings 1.88B
Profit Margin 33.84%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
2B
4B
-40.0%
-20.0%
0.0%
20.0%

Analyst Insights

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Analyst Price Targets

213.00
239.45 Average
206.22 Current
287.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/15/2026
Analyst Scotiabank
Rating Action Initiated
Rating Sector Outperform
Price Action Announces
Price Target 250

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.03%

  • Return on Assets (ttm)

    1.31%

  • Return on Equity (ttm)

    3.49%

  • Revenue (ttm)

    16.25B

  • Net Income Avi to Common (ttm)

    1.46B

  • Diluted EPS (ttm)

    5.25

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    462M

  • Total Debt/Equity (mrq)

    28.68%

  • Levered Free Cash Flow (ttm)

    5.04B

Company Insights

Research Reports

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