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Diamondback Energy (FANG)

(Delayed Data from NSDQ)

$194.59 USD

194.59
1,145,305

-2.15 (-1.09%)

Updated May 16, 2024 04:00 PM ET

After-Market: $194.51 -0.08 (-0.04%) 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%

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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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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%.

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

Bottom 33% (167 out of 250)

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

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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.

Analysts Estimate Diamondback Energy (FANG) to Report a Decline in Earnings: What to Look Out for

Diamondback (FANG) 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.

Diamondback (FANG) to Merge With Endeavor in a $26B Deal

Diamondback (FANG) joins forces with Endeavor Energy Resources, forming a $26B Permian Basin powerhouse, poised for substantial growth and profitability.

Company News for Feb 13, 2024

Companies In The Article Are: FANG, JOBY,C, CBAY and GILD

Mark Vickery headshot

Markets Flattish Ahead of CPI Data Tuesday

Marginal earnings misses -- or even beats with less-than-exceptional guidance -- are sending some stocks much lower on their Q4 news.

Is SPDR S&P Oil & Gas Exploration & Production ETF (XOP) a Strong ETF Right Now?

Smart Beta ETF report for XOP

Why Diamondback Energy (FANG) Dipped More Than Broader Market Today

Diamondback Energy (FANG) closed at $149.62 in the latest trading session, marking a -0.4% move from the prior day.

Diamondback Energy (FANG) Increases Despite Market Slip: Here's What You Need to Know

Diamondback Energy (FANG) reachead $156.93 at the closing of the latest trading day, reflecting a +1.34% change compared to its last close.

Diamondback Energy (FANG) Laps the Stock Market: Here's Why

In the most recent trading session, Diamondback Energy (FANG) closed at $153.20, indicating a +1.14% shift from the previous trading day.

Nilanjan Banerjee headshot

3 Permian Stocks to Watch as Oil Price is Still Healthy

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).

Diamondback Energy (FANG) Exceeds Market Returns: Some Facts to Consider

The latest trading day saw Diamondback Energy (FANG) settling at $151.94, representing a +0.58% change from its previous close.

Nilanjan Banerjee headshot

Permian Oil Drilling Rig Count Falls for Two Straight Weeks

Baker Hughes (BKR), in its weekly release, reports that its count of oil and gas rigs has increased after decreasing for two straight weeks.

Diamondback Energy (FANG) Falls More Steeply Than Broader Market: What Investors Need to Know

Diamondback Energy (FANG) reachead $151.16 at the closing of the latest trading day, reflecting a -1.74% change compared to its last close.

Nilanjan Banerjee headshot

Permian Oil Rig Count Falls After Rising for 2 Straight Weeks

In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased for two straight weeks.

Should Invesco S&P 500 GARP ETF (SPGP) Be on Your Investing Radar?

Style Box ETF report for SPGP

Nilanjan Choudhury headshot

U.S. to Break Crude Production Record This Year and Next

As U.S. crude production gears up for new heights, our recommendation is to concentrate on domestic E&P companies with strong fundamentals, such as APA, FANG and MRO.

Diamondback Energy (FANG) Stock Falls Amid Market Uptick: What Investors Need to Know

In the closing of the recent trading day, Diamondback Energy (FANG) stood at $155.76, denoting a -0.12% change from the preceding trading day.

Diamondback Energy (FANG) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Diamondback Energy (FANG) reachead $155.95 at the closing of the latest trading day, reflecting a +0.08% change compared to its last close.

Nilanjan Banerjee headshot

Keep an Eye on 3 Permian Stocks as Oil Price is Still Healthy

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),

Is Invesco S&P 500 Pure Growth ETF (RPG) a Strong ETF Right Now?

Smart Beta ETF report for RPG

Nilanjan Banerjee headshot

Permian Oil Rig Count Rises After Falling for 3 Straight Weeks

In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased after decreasing for two straight weeks.

Diamondback Energy (FANG) Stock Drops Despite Market Gains: Important Facts to Note

The latest trading day saw Diamondback Energy (FANG) settling at $155.33, representing a -1.75% change from its previous close.

Should Invesco S&P 500 Pure Growth ETF (RPG) Be on Your Investing Radar?

Style Box ETF report for RPG

Nilanjan Banerjee headshot

EIA Expects Record Oil & Liquid Exports in '24: 3 Stocks to Gain

It is an opportune moment for investors to monitor upstream companies like EOG, MTDR and FANG that will contribute to oil production in the United States.

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

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