This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.
Copyright 2024 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.08% per year. These returns cover a period from January 1, 1988 through May 6, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy, DMCA Policy and Terms of Service apply.
View All Zacks #1 Ranked Stocks
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.
Should SPDR Russell 1000 Yield Focus ETF (ONEY) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for ONEY
Diamondback Energy (FANG) Stock Slides as Market Rises: Facts to Know Before You Trade
by Zacks Equity Research
In the most recent trading session, Diamondback Energy (FANG) closed at $189.22, indicating a -0.78% shift from the previous trading day.
Total US Drilling Rig Tally Flat: 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 was lower, but the count for natural gas increased.
Is SPDR Russell 1000 Yield Focus ETF (ONEY) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for ONEY
Diamondback (FANG) Down 0.5% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Diamondback (FANG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Diamondback (FANG) Declares Strategic Sale of WTG Midstream
by Zacks Equity Research
Diamondback (FANG) announces the sale of WTG Midstream Holdings to Energy Transfer (ET) for debt reduction and financial stability. The deal includes cash and ET common units.
Permian Break-Even Costs Low: 3 Energy Stocks to Gain
by Nilanjan Banerjee
It would be wise for investors to monitor three prominent energy companies operating in the Permian, like ExxonMobil (XOM), Chevron (CVX) and Diamondback (FANG).
Should First Trust Large Cap Value AlphaDEX ETF (FTA) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for FTA
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 was flat, but the count for natural gas decreased.
Investors Heavily Search Diamondback Energy, Inc. (FANG): Here is What You Need to Know
by Zacks Equity Research
Diamondback (FANG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
3 Permian Explorers Poised to Gain as Oil Prices Stay High
by Nilanjan Banerjee
Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
How Should You Play the U.S. Upstream Oil & Gas Industry?
by Nilanjan Choudhury
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on companies like FANG, APA, MTDR and SM.
Total US Drilling Rig Tally Increases: 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 was flat.
Should Invesco S&P 500 GARP ETF (SPGP) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for SPGP
3 Energy Stocks to Watch on a Potential Oil Volume Surge in '24
by Nilanjan Banerjee
Upstream players like EOG, COP and FANG are embracing the strategy of production expansion to benefit from potentially profitable crude prices.
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?
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.