Diamondback Energy (NASDAQ:FANG) Chairman Travis Stice Sells 63,957 Shares

Diamondback Energy, Inc. (NASDAQ:FANG) Chairman Travis Stice sold 63,957 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $181.16, for a total value of $11,586,450.12. Following the sale, the chairman owned 305,314 shares of the company’s stock, valued at $55,310,684.24. This trade represents a 17.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Diamondback Energy Stock Performance

NASDAQ:FANG traded down $4.49 during midday trading on Tuesday, reaching $178.37. The stock had a trading volume of 2,185,260 shares, compared to its average volume of 2,528,394. The company has a quick ratio of 0.40, a current ratio of 0.42 and a debt-to-equity ratio of 0.32. The stock has a market cap of $50.31 billion, a P/E ratio of 31.80 and a beta of 0.59. The firm has a fifty day simple moving average of $161.93 and a two-hundred day simple moving average of $151.57. Diamondback Energy, Inc. has a 12-month low of $114.00 and a 12-month high of $186.65.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings data on Monday, February 23rd. The oil and natural gas company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The firm had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.41 billion. Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The firm’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.67 EPS. On average, equities analysts expect that Diamondback Energy, Inc. will post 15.49 EPS for the current year.

Diamondback Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, March 5th will be issued a $1.05 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $4.20 dividend on an annualized basis and a yield of 2.4%. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio is presently 74.87%.

Institutional Trading of Diamondback Energy

A number of institutional investors have recently bought and sold shares of FANG. Corient Private Wealth LLC boosted its position in shares of Diamondback Energy by 5.5% in the 4th quarter. Corient Private Wealth LLC now owns 38,871 shares of the oil and natural gas company’s stock worth $5,844,000 after buying an additional 2,036 shares in the last quarter. Hsbc Holdings PLC grew its stake in Diamondback Energy by 16.3% in the 4th quarter. Hsbc Holdings PLC now owns 338,577 shares of the oil and natural gas company’s stock valued at $50,890,000 after acquiring an additional 47,450 shares during the last quarter. Tulsa Wealth Advisors INC purchased a new position in Diamondback Energy during the 4th quarter valued at about $973,000. Tobam raised its position in Diamondback Energy by 3,426.7% during the fourth quarter. Tobam now owns 6,595 shares of the oil and natural gas company’s stock worth $991,000 after acquiring an additional 6,408 shares during the last quarter. Finally, DGS Capital Management LLC purchased a new stake in shares of Diamondback Energy in the fourth quarter valued at about $206,000. 90.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FANG has been the subject of several recent analyst reports. Sanford C. Bernstein reduced their price target on Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Morgan Stanley dropped their price objective on Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Mizuho raised their target price on Diamondback Energy from $194.00 to $205.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. TD Cowen upgraded shares of Diamondback Energy to a “strong-buy” rating in a research report on Monday, February 9th. Finally, Scotiabank set a $175.00 price target on shares of Diamondback Energy in a research note on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $189.00.

Diamondback Energy News Summary

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

• Positive Sentiment: Lift from higher oil prices — Oil topped $100/bbl after attacks on Middle East fuel infrastructure, sparking a rally in energy names that should support Diamondback’s revenue and margins if prices persist. These Stocks Are Today’s Movers: Chevron, Hims & Hers, Carnival, Delta, Newmont, Vertiv, and More
• Neutral Sentiment: Short-interest report appears noisy/error-prone (shows 0 shares and NaN change). Current published days-to-cover is effectively meaningless, so no actionable signal from short data today.
• Negative Sentiment: Secondary offering by a major holder — SGF FANG Holdings launched an underwritten sale of 11,000,000 shares (plus a 30-day option for 1,650,000 more). Diamondback won’t receive proceeds, so the move increases supply pressure on the free float and is a direct near-term headwind for the share price. Diamondback Energy Announces Launch of Secondary Common Stock Offering
• Negative Sentiment: Analyst estimate cuts — Zacks lowered Q1 and Q2 2027 EPS estimates to $2.15 and trimmed FY2028 expectations, signaling modestly weaker near-term earnings outlook and potentially pressuring sentiment and target prices.
• Negative Sentiment: Recent earnings miss still in market memory — Diamondback’s Feb. quarter reported $1.74 EPS vs. $2.00 expected and slightly lower revenue year-over-year, which keeps investor focus on execution and capital allocation amid the new share sale.

About Diamondback Energy

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.