Systematic Financial Management LP Purchases 4,785 Shares of Diamondback Energy, Inc. $FANG

Systematic Financial Management LP grew its position in Diamondback Energy, Inc. (NASDAQ:FANG) by 24.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,066 shares of the oil and natural gas company’s stock after acquiring an additional 4,785 shares during the period. Systematic Financial Management LP’s holdings in Diamondback Energy were worth $3,618,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Smead Capital Management Inc. acquired a new position in Diamondback Energy during the 2nd quarter worth $144,775,000. Capital Research Global Investors boosted its position in Diamondback Energy by 38.0% in the 3rd quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company’s stock valued at $543,610,000 after buying an additional 1,046,398 shares during the last quarter. Balyasny Asset Management L.P. boosted its position in Diamondback Energy by 2,637.8% in the 3rd quarter. Balyasny Asset Management L.P. now owns 456,686 shares of the oil and natural gas company’s stock valued at $65,352,000 after buying an additional 440,005 shares during the last quarter. Two Sigma Investments LP boosted its position in Diamondback Energy by 1,127.8% in the 3rd quarter. Two Sigma Investments LP now owns 369,568 shares of the oil and natural gas company’s stock valued at $52,885,000 after buying an additional 339,468 shares during the last quarter. Finally, Ninepoint Partners LP bought a new position in Diamondback Energy in the 3rd quarter valued at $45,076,000. Institutional investors own 90.01% of the company’s stock.

Key Stories Impacting Diamondback Energy

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

• Positive Sentiment: Oil prices remain elevated, which is helping Permian Basin producers like Diamondback Energy. One article noted that higher WTI and more gas production per barrel could be a tailwind for FANG’s revenue and cash flow. Article link
• Positive Sentiment: Broader energy coverage also highlighted Diamondback as a beneficiary if oil supply stays tight, with commentary suggesting U.S. energy stocks could continue to outperform as global reserves are drawn down. Article link
• Neutral Sentiment: Diamondback’s recent earnings beat and dividend increase continue to support the stock’s fundamental case, but these were already known from the company’s latest quarterly report and are not new catalysts.
• Negative Sentiment: Diamondback CAO Teresa L. Dick sold 5,000 shares at $207 each, which can weigh on investor sentiment because insider selling is often viewed cautiously. SEC Form 4 filing
• Negative Sentiment: Zacks Research trimmed several near- and medium-term earnings estimates for FANG, including Q2 2027, Q3 2027, Q1 2028 and FY2028, signaling somewhat softer expectations even though the firm kept a Strong-Buy rating. Zacks analyst note

Diamondback Energy Price Performance

Shares of FANG stock opened at $200.71 on Monday. Diamondback Energy, Inc. has a 12-month low of $133.75 and a 12-month high of $214.51. The firm has a market capitalization of $56.46 billion, a price-to-earnings ratio of 233.39 and a beta of 0.46. The company has a quick ratio of 0.55, a current ratio of 0.56 and a debt-to-equity ratio of 0.31. The firm has a fifty day moving average of $194.16 and a 200-day moving average of $170.09.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.74 by $0.49. Diamondback Energy had a net margin of 1.87% and a return on equity of 7.76%. The company had revenue of $4.24 billion during the quarter, compared to analyst estimates of $3.83 billion. During the same quarter in the previous year, the business earned $4.54 EPS. The firm’s revenue was up 4.7% on a year-over-year basis. On average, equities research analysts forecast that Diamondback Energy, Inc. will post 19.49 earnings per share for the current year.

Diamondback Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th were issued a $1.10 dividend. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $4.40 annualized dividend and a dividend yield of 2.2%. Diamondback Energy’s dividend payout ratio (DPR) is presently 511.63%.

Insider Buying and Selling

In other news, Chairman Travis D. Stice sold 63,957 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $181.16, for a total value of $11,586,450.12. Following the completion of the transaction, the chairman owned 305,314 shares of the company’s stock, valued at $55,310,684.24. The trade was a 17.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Teresa L. Dick sold 5,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $190.00, for a total transaction of $950,000.00. Following the completion of the sale, the chief accounting officer directly owned 107,755 shares in the company, valued at $20,473,450. This represents a 4.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 174,321 shares of company stock worth $32,090,475 over the last ninety days. Insiders own 0.64% of the company’s stock.

Wall Street Analyst Weigh In

FANG has been the subject of a number of analyst reports. KeyCorp lifted their target price on shares of Diamondback Energy from $196.00 to $225.00 and gave the stock an “overweight” rating in a report on Thursday, April 2nd. Susquehanna lifted their target price on shares of Diamondback Energy from $231.00 to $245.00 and gave the stock a “positive” rating in a report on Wednesday, May 6th. Piper Sandler lifted their target price on shares of Diamondback Energy from $215.00 to $248.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. TD Cowen raised shares of Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Finally, Freedom Capital raised shares of Diamondback Energy to a “strong-buy” rating in a report on Tuesday, March 10th. Five analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $221.84.

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.