Diamondback Energy (NASDAQ:FANG) Sets New 12-Month High – Here’s Why

Diamondback Energy, Inc. (NASDAQ:FANG)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $172.80 and last traded at $165.77, with a volume of 91004 shares trading hands. The stock had previously closed at $169.14.

Key Stories Impacting Diamondback Energy

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Analysts say another beat is likely — Zacks previews point to rising Permian output, tight cost control and a positive ESP (Estimate Surprise Prediction), implying upside to the upcoming Q4 results. Diamondback Energy Q4 Earnings Preview: Another Beat Likely?
• Positive Sentiment: Company has an earnings‑surprise track record and operational setup that Zacks says supports another upside surprise — a bullish catalyst if reported results and guidance confirm strength. Why Diamondback (FANG) is Poised to Beat Earnings Estimates Again
• Neutral Sentiment: Valuation is being questioned after the recent rally — a Yahoo Finance piece examines whether shares still offer value following price strength, which could temper momentum if investors shift to take profits. Is There Still Value in Diamondback Energy (FANG) After Recent Share Price Strength?
• Negative Sentiment: Zacks Research cut multiple near‑term and FY EPS estimates across 2025–2027 (several quarterly and FY revisions), lowering forward earnings expectations — a direct negative for forward valuation and analyst sentiment. MarketBeat FANG summary of Zacks Research estimate cuts

Analyst Ratings Changes

A number of research firms have recently weighed in on FANG. Jefferies Financial Group restated a “hold” rating and issued a $173.00 price target on shares of Diamondback Energy in a research note on Monday, January 19th. Citigroup cut their target price on shares of Diamondback Energy from $180.00 to $178.00 and set a “buy” rating on the stock in a research report on Tuesday, January 6th. Wells Fargo & Company boosted their target price on shares of Diamondback Energy from $169.00 to $171.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 27th. Sanford C. Bernstein dropped their price target on Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Finally, TD Cowen raised Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $185.90.

Diamondback Energy Price Performance

The company has a fifty day simple moving average of $155.35 and a 200 day simple moving average of $148.34. The stock has a market capitalization of $49.83 billion, a price-to-earnings ratio of 12.09 and a beta of 0.63. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.60 and a current ratio of 0.62.

Insider Activity at Diamondback Energy

In other news, Director Charles Alvin Meloy sold 60,605 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the completion of the sale, the director directly owned 982,006 shares in the company, valued at $158,220,806.72. This represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of Diamondback Energy stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the transaction, the insider directly owned 98,686,727 shares of the company’s stock, valued at $16,074,094,093.76. This represents a 1.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,438,516 shares of company stock worth $225,026,921 over the last quarter. 0.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Stephens Inc. AR boosted its position in shares of Diamondback Energy by 5.0% during the 2nd quarter. Stephens Inc. AR now owns 4,367 shares of the oil and natural gas company’s stock worth $600,000 after purchasing an additional 206 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in Diamondback Energy by 0.5% in the second quarter. DekaBank Deutsche Girozentrale now owns 37,390 shares of the oil and natural gas company’s stock worth $5,227,000 after acquiring an additional 187 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in Diamondback Energy by 23.3% in the second quarter. Cullen Frost Bankers Inc. now owns 107,967 shares of the oil and natural gas company’s stock valued at $14,835,000 after acquiring an additional 20,419 shares during the period. D.A. Davidson & CO. grew its stake in Diamondback Energy by 14.6% in the second quarter. D.A. Davidson & CO. now owns 25,911 shares of the oil and natural gas company’s stock valued at $3,560,000 after acquiring an additional 3,294 shares during the period. Finally, FNY Investment Advisers LLC bought a new stake in shares of Diamondback Energy during the second quarter valued at approximately $54,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy Company Profile

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.