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Diamondback Energy (FANG)

(Delayed Data from NSDQ)

$181.00 USD

181.00
7,855,283

-0.63 (-0.35%)

Updated Sep 20, 2024 04:00 PM ET

After-Market: $181.31 +0.31 (0.17%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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.

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B Value C Growth F Momentum C 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%.

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

Bottom 15% (213 out of 251)

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

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.

Here's Why Diamondback Energy (FANG) is a Strong Value Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Diamondback Energy (FANG) Outpaced the Stock Market Today

Diamondback Energy (FANG) concluded the recent trading session at $187.56, signifying a +0.85% move from its prior day's close.

Nilanjan Banerjee headshot

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

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower than the prior week, but the count for natural gas was flat.

Zacks Value Trader Highlights: Diamondback Energy, EOG Resources, SLB, Exxon Mobil and Chevron

Diamondback Energy, EOG Resources, SLB, Exxon Mobil and Chevron are part of the Zacks Value Trader blog.

Tracey Ryniec headshot

Cheap Energy Stocks: Values or Traps?

Energy stocks have sold off again. Buffett is buying more. Should you?

Nilanjan Banerjee headshot

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

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower, and the count for natural gas decreased.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Shell's Appeal Verdict, Transocean's Rig Deal & More

SHEL, RIG, TRP, FANG and PUMP emerge as the energy headline makers during the week.

Why Diamondback Energy (FANG) Outpaced the Stock Market Today

The latest trading day saw Diamondback Energy (FANG) settling at $193.97, representing a +1.93% change from its previous close.

Sheraz Mian headshot

Top Analyst Reports for Novo Nordisk, TotalEnergies & U.S. Bancorp

Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk A/S (NVO), TotalEnergies SE (TTE) and U.S. Bancorp (USB), as well as a micro-cap stock Flanigan's Enterprises, Inc. (BDL).

Diamondback (FANG) JV Acquires New Water Infrastructure Assets

Diamondback's (FANG) joint venture, Deep Blue Midland Basin's new acquisition underscores its commitment to sustainable water management practices in the Midland Basin.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Mergers & Divestments Take Center Stage

COP, MRO, FANG, HES and CHRD emerge as the energy headline makers during the week.

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

In the most recent trading session, Diamondback Energy (FANG) closed at $189.22, indicating a -0.78% shift from the previous trading day.

Nilanjan Banerjee headshot

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

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?

Smart Beta ETF report for ONEY

Diamondback (FANG) Down 0.5% Since Last Earnings Report: Can It Rebound?

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

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.

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Permian Break-Even Costs Low: 3 Energy Stocks to Gain

It would be wise for investors to monitor three prominent energy companies operating in the Permian, like ExxonMobil (XOM), Chevron (CVX) and Diamondback (FANG).

Nilanjan Banerjee headshot

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

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

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.

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3 Permian Explorers Poised to Gain as Oil Prices Stay High

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).

Nilanjan Choudhury headshot

How Should You Play the U.S. Upstream Oil & Gas Industry?

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.

Nilanjan Banerjee headshot

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

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?

Style Box ETF report for SPGP