Diamondback Energy (NASDAQ:FANG) VP Sells $731,600.00 in Stock

Diamondback Energy, Inc. (NASDAQ:FANGGet Free Report) VP Albert Barkmann sold 4,000 shares of Diamondback Energy stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $182.90, for a total transaction of $731,600.00. Following the completion of the transaction, the vice president directly owned 27,571 shares in the company, valued at $5,042,735.90. This represents a 12.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Diamondback Energy Price Performance

Shares of NASDAQ FANG traded up $4.89 during trading on Tuesday, hitting $187.22. The company had a trading volume of 2,623,543 shares, compared to its average volume of 2,773,978. The company has a market cap of $52.66 billion, a P/E ratio of 33.37 and a beta of 0.59. Diamondback Energy, Inc. has a 52 week low of $114.00 and a 52 week high of $188.73. The business’s 50-day moving average is $164.84 and its 200 day moving average is $152.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42.

Diamondback Energy (NASDAQ:FANGGet Free Report) last issued its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The company had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.41 billion. During the same quarter in the previous year, the firm earned $3.67 earnings per share. The business’s revenue was down 9.0% compared to the same quarter last year. Equities research analysts predict that Diamondback Energy, Inc. will post 15.49 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were given a dividend of $1.05 per share. The ex-dividend date of this dividend was Thursday, March 5th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a yield of 2.2%. Diamondback Energy’s payout ratio is presently 74.87%.

Institutional Trading of Diamondback Energy

Several large investors have recently modified their holdings of FANG. Rockefeller Capital Management L.P. grew its stake in Diamondback Energy by 35.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 493,958 shares of the oil and natural gas company’s stock valued at $74,257,000 after buying an additional 129,603 shares during the last quarter. Meadowbrook Advisors Group LLC bought a new stake in Diamondback Energy during the fourth quarter valued at about $377,000. Corient Private Wealth LLC grew its position in shares of Diamondback Energy by 5.5% in the fourth quarter. Corient Private Wealth LLC now owns 38,871 shares of the oil and natural gas company’s stock valued at $5,844,000 after purchasing an additional 2,036 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Diamondback Energy by 16.3% in the fourth quarter. Hsbc Holdings PLC now owns 338,577 shares of the oil and natural gas company’s stock worth $50,890,000 after purchasing an additional 47,450 shares during the period. Finally, Tulsa Wealth Advisors INC acquired a new position in shares of Diamondback Energy during the 4th quarter worth about $973,000. 90.01% of the stock is owned by institutional investors.

Key Headlines Impacting Diamondback Energy

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

  • Positive Sentiment: Raymond James raised its price target to $240 and set a “strong‑buy” rating, signaling substantial upside vs. recent levels; coverage was reported across financial sites. Diamondback Energy (FANG) PT Raised to $240 at Raymond James
  • Positive Sentiment: Mizuho boosted its target to $220 and moved to “outperform,” adding another stamp of analyst confidence and supporting buying interest. Benzinga
  • Positive Sentiment: Wells Fargo increased its target to $202 with an “overweight” call, and Barclays nudged its target to $190 with an “overweight” — a cluster of upgrades that reinforces momentum across broker coverage. Benzinga
  • Positive Sentiment: Goldman Sachs published a note highlighting top energy picks and dividend/price upside amid recent Middle East developments; rising oil-price expectations are a tailwind for E&P names like Diamondback. Goldman Sachs Top Energy Picks Have Double-Digit Upside and Pay Big Dividends
  • Neutral Sentiment: Bank of America commentary noted ConocoPhillips and EOG have outperformed on liquidity and oil leverage metrics — useful context for sector flows but not specific to FANG fundamentals. ConocoPhillips and EOG Have Outperformed on Relative Liquidity, Oil Leverage, BofA Says

Analyst Ratings Changes

FANG has been the subject of a number of research reports. UBS Group lifted their price objective on Diamondback Energy from $194.00 to $216.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Scotiabank set a $175.00 price target on Diamondback Energy in a research note on Friday, January 16th. Sanford C. Bernstein cut their price objective on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Wall Street Zen cut shares of Diamondback Energy from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Diamondback Energy in a research note on Monday, December 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $195.43.

Read Our Latest Analysis on FANG

About Diamondback Energy

(Get Free Report)

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.

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