Back to top
more

Diamondback Energy (FANG)

(Delayed Data from NSDQ)

$196.74 USD

196.74
1,613,951

-1.31 (-0.66%)

Updated May 15, 2024 04:00 PM ET

After-Market: $196.52 -0.22 (-0.11%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value B Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 31% (173 out of 250)

Industry: Oil and Gas - Exploration and Production - United States

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Founded in 2007, Midland, TX-headquartered Diamondback Energy, Inc. is an independent oil and gas exploration & production company, with its primary focus on the Permian Basin, where it has around 394,000 net acres. Its activities are concentrated in the Wolfcamp, Spraberry, Clearfork, Bone Spring, and Cline formations. In Nov 29, 2018, Diamondback completed its $9.2 billion buyout of Energen Corporation to boost its Permian presence.

Nilanjan Banerjee headshot

Total US Drilling Rig Tally Declines: Here's What It Means

by Nilanjan Banerjee

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States declined, but the count for natural gas increased.

APA Q4 Earnings Miss on Lower Production, Revenues Beat

by Zacks Equity Research

APA Corporation (APA) bought back 3 million shares at $33.27 apiece during the first quarter. The company also shelled out $76 million in dividend payment.

Diamondback (FANG) Q1 Earnings Beat Estimates as Output Jumps

by Zacks Equity Research

For 2024, Diamondback Energy (FANG) continues to maintain a capital spending budget between $2.30 billion and $2.55 billion and looks to pump around 458,000-466,000 BOE/d of hydrocarbon.

Is Diamondback Energy (FANG) Stock Outpacing Its Oils-Energy Peers This Year?

by Zacks Equity Research

Here is how Diamondback Energy (FANG) and Archrock Inc. (AROC) have performed compared to their sector so far this year.

Diamondback (FANG) Is Considered a Good Investment by Brokers: Is That True?

by Zacks Equity Research

The average brokerage recommendation (ABR) for Diamondback (FANG) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Nalak Das headshot

5 Winners of Q1 Set to Beat on Earnings After Closing Bell

by Nalak Das

We have narrowed our search to five large-cap stocks that are set to beat on earnings today after the closing bell. These are: AMD, LPLA, RSG, OKE, FANG.

Why Earnings Season Could Be Great for Diamondback Energy (FANG)

by Zacks Equity Research

Diamondback Energy (FANG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

MPLX Set to Report Q1 Earnings: Is a Beat in the Offing?

by Zacks Equity Research

Increasing throughput volumes and stable fee-based revenues are likely to have aided MPLX's Q1 earnings.

Diamondback Energy (FANG) Ascends While Market Falls: Some Facts to Note

by Zacks Equity Research

In the closing of the recent trading day, Diamondback Energy (FANG) stood at $207.10, denoting a +0.91% change from the preceding trading day.

Why Diamondback Energy (FANG) is a Top Momentum Stock for the Long-Term

by Zacks Equity Research

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Earnings Preview: APA (APA) Q1 Earnings Expected to Decline

by Zacks Equity Research

APA (APA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

This is How to Play Diamondback (FANG) Ahead of Q1 Earnings

by Zacks Equity Research

Considering the recent surge in oil prices, Diamondback Energy (FANG) is expecting improvement on its Q1 top and bottom lines compared to the year-ago period.

Diamondback Energy (FANG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

by Zacks Equity Research

Diamondback (FANG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nilanjan Banerjee headshot

Should You Buy ExxonMobil (XOM) Ahead of Q1 Earnings?

by Nilanjan Banerjee

Investors are advised to avoid purchasing ExxonMobil (XOM) before the release of its Q1 earnings and, instead, closely monitor the stock for a more opportune entry point.

How to Find Strong Oils and Energy Stocks Slated for Positive Earnings Surprises

by Zacks Equity Research

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Time to Buy Chevron's (CVX) Stock as Q1 Earnings Approach?

by Zacks Equity Research

Chevron (CVX) has exceeded the earnings mark in three of the past four quarters.

Nilanjan Banerjee headshot

Total US Drilling Rig Tally Rises: Here's What it Means

by Nilanjan Banerjee

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States increased, but the count for natural gas declines.

Is First Trust Large Cap Value AlphaDEX ETF (FTA) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for FTA

Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors

by Zacks Equity Research

The latest trading day saw Diamondback Energy (FANG) settling at $200.74, representing a +0.57% change from its previous close.

Want Better Returns? Don?t Ignore These 2 Oils and Energy Stocks Set to Beat Earnings

by Zacks Equity Research

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

The Zacks Analyst Blog Highlights Baker Hughes, Diamondback Energy and Matador Resources

by Zacks Equity Research

Baker Hughes, Diamondback Energy and Matador Resources are included in this Analyst Blog.

Nilanjan Banerjee headshot

US Oil & Gas Drilling Rig Tally Falls: Here's What it Means

by Nilanjan Banerjee

In its weekly release, Baker Hughes (BKR) reports that the total count of rigs in the United States decreased, reflecting a slowdown in drilling activities.

Can Halliburton (HAL) Pull Off a Strong Show in Q1 Earnings?

by Zacks Equity Research

Strength in the Drilling & Evaluation segment is likely to have boosted Halliburton Company's (HAL) profit levels in the first quarter.

Diamondback Energy (FANG) Stock Slides as Market Rises: Facts to Know Before You Trade

by Zacks Equity Research

In the closing of the recent trading day, Diamondback Energy (FANG) stood at $203.95, denoting a -0.68% change from the preceding trading day.

Diamondback Energy (FANG) Gains As Market Dips: What You Should Know

by Zacks Equity Research

Diamondback Energy (FANG) closed at $206.23 in the latest trading session, marking a +0.34% move from the prior day.