Diamondback Energy, Inc. (FANG) – What Are Brokerages Saying About This Stock?

Shares of Diamondback Energy, Inc. (NASDAQ:FANG) have been assigned a consensus recommendation of “Moderate Buy” from the thirty-one ratings firms that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and three have issued a strong buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $228.29.

Several equities analysts have recently issued reports on the company. Wells Fargo & Company reduced their target price on Diamondback Energy from $263.00 to $244.00 and set an “overweight” rating for the company in a report on Wednesday. Wolfe Research reiterated an “outperform” rating and issued a $206.00 price target on shares of Diamondback Energy in a research note on Tuesday, August 4th. Seaport Research Partners assumed coverage on shares of Diamondback Energy in a research report on Thursday, September 3rd. They issued a “neutral” rating for the company. Jefferies Financial Group reaffirmed a “hold” rating and issued a $215.00 price objective (up from $205.00) on shares of Diamondback Energy in a report on Sunday, October 11th. Finally, Roth Capital upped their target price on Diamondback Energy from $205.00 to $212.00 and gave the company a “buy” rating in a report on Tuesday, August 4th.

Diamondback Energy News Summary

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

• Positive Sentiment: Diamondback raised its dividend by 7.3%, adding to the income case for the stock. Article: Diamondback Just Raised Its Dividend 7.3%
• Positive Sentiment: UBS raised its price target to $260 and maintained a Buy rating, signaling substantial potential upside in the analyst’s view. Article: UBS Group Forecasts Strong Price Appreciation for Diamondback Energy
• Positive Sentiment: Zacks added FANG to its #1 (Strong Buy) rankings for income, value, and overall stock selection. These screen-based endorsements may support sentiment, though they are not guarantees of performance. Article: New Strong Buy Stocks for November 6th
• Positive Sentiment: Management raised its 2026 production outlook and highlighted disciplined spending, improving Barnett well economics, and recovery technology as part of its Permian growth strategy. Article: FANG Q3 Earnings Call Highlights Capital Discipline and Permian Growth
• Neutral Sentiment: Diamondback said it will reinvest its Viper Energy distributions in Viper equity, a capital-allocation decision that increases its Viper exposure but does not itself represent a cash payout to FANG shareholders. Article: Viper Energy Adopts Distribution Reinvestment Plan
• Neutral Sentiment: Other recent coverage described analyst opinions on Diamondback as mixed, tempering the positive signal from UBS’s target increase. Article: Analysts’ Opinions Are Mixed on These Energy Stocks

Diamondback Energy Price Performance

Shares of NASDAQ FANG opened at $178.96 on Friday. The company has a market capitalization of $50.11 billion, a price-to-earnings ratio of 24.48 and a beta of 0.49. Diamondback Energy has a 1-year low of $139.41 and a 1-year high of $216.90. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.47 and a quick ratio of 0.45. The business has a 50-day moving average of $195.72 and a 200-day moving average of $189.95.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings results on Monday, November 2nd. The oil and natural gas company reported $5.86 EPS for the quarter, beating the consensus estimate of $5.72 by $0.14. Diamondback Energy had a return on equity of 11.99% and a net margin of 11.03%. The business had revenue of $5.43 billion during the quarter, compared to analysts’ expectations of $4.60 billion. During the same quarter in the previous year, the business posted $3.08 EPS. The firm’s quarterly revenue was up 38.4% compared to the same quarter last year. On average, equities analysts anticipate that Diamondback Energy will post 22.57 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 12th will be paid a dividend of $1.18 per share. The ex-dividend date is Thursday, November 12th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.10. This represents a $4.72 annualized dividend and a yield of 2.6%. Diamondback Energy’s payout ratio is currently 60.19%.

Insider Transactions at Diamondback Energy

In other Diamondback Energy news, Director Travis D. Stice sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $204.31, for a total value of $15,323,250.00. Following the completion of the transaction, the director directly owned 49,727 shares in the company, valued at approximately $10,159,723.37. This represents a 60.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Charles Meloy sold 33,333 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $183.74, for a total value of $6,124,605.42. Following the transaction, the director directly owned 759,864 shares in the company, valued at approximately $139,617,411.36. This represents a 4.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Diamondback Energy

A number of hedge funds have recently bought and sold shares of the stock. Cedar Mountain Advisors LLC acquired a new stake in shares of Diamondback Energy during the 1st quarter worth approximately $26,000. Meeder Asset Management Inc. bought a new position in Diamondback Energy during the 2nd quarter worth approximately $28,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Diamondback Energy during the 3rd quarter valued at about $32,000. Burkett Financial Services LLC purchased a new stake in Diamondback Energy in the third quarter worth about $32,000. Finally, Global Assets Advisory LLC acquired a new stake in shares of Diamondback Energy in the first quarter valued at approximately $40,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy Company Profile

Diamondback Energy is an independent oil and natural gas company focused on the development and production of energy resources in the Permian Basin, primarily in West Texas and southeastern New Mexico. Its operations include exploration, drilling and production.

The company produces crude oil, natural gas and natural gas liquids. Its activities are concentrated in the Midland and Delaware Basin regions, where it develops oil and gas properties and related reserves.

Founded in 2007 and headquartered in Midland, Texas, Diamondback has expanded its Permian Basin operations over time, including through acquisitions.