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Diamondback Energy (FANG)

(Delayed Data from NSDQ)

$190.35 USD

190.35
1,268,479

-3.30 (-1.70%)

Updated Jun 13, 2024 04:00 PM ET

Pre-Market: $190.16 -0.19 (-0.10%) 9:00 AM 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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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Top 37% (91 out of 249)

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.

Nilanjan Choudhury headshot

U.S. Shale Oil Q3 Earnings: Here's the Roundup of Results

by Nilanjan Choudhury

Missed the slew of shale oil earnings? Here's a quick run-through of how some of the bigwigs fared in their third-quarter earnings reports.

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Oil & Gas Stock Roundup: EOG & Occidental Report Q3 Earnings

by Nilanjan Choudhury

While the commodity pricing scenario continues to be challenging, both EOG Resources (EOG) and Occidental Petroleum (OXY) benefited from higher year-over-year production.

Diamondback's (FANG) Q3 Earnings Miss on Weak Gas Prices

by Zacks Equity Research

The 2018 purchases of Energen Corporation and Ajax Resources enable Diamondback (FANG) to emerge as a leading Permian Basin oil producer.

Diamondback Energy (FANG) Q3 Earnings and Revenues Lag Estimates

by Zacks Equity Research

Diamondback (FANG) delivered earnings and revenue surprises of -14.04% and -7.20%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

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Energy Stock Earnings Lineup for Nov 5: FANG, DVN & More

by Nilanjan Choudhury

Lower oil and gas prices are expected to have hurt hurt Q3 earnings of energy companies.

Diamondback (FANG) to Report Q3 Earnings: What's in Store?

by Zacks Equity Research

While substantial output growth is expected to have buoyed Diamondback's (FANG) third-quarter 2019 earnings, weaker year-over-year commodity prices might have dented overall results.

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

by Zacks Equity Research

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.

Zacks Value Trader Highlights: Carnival, Athene, Diamondback, Carrefour and Freeport

by Zacks Equity Research

Zacks Value Trader Highlights: Carnival, Athene, Diamondback, Carrefour and Freeport

Viper Energy Partners (VNOM) Prices $500M Senior Notes at Par

by Zacks Equity Research

Viper Energy Partners (VNOM) estimates net proceeds from senior notes offerings at roughly $492 million.

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Ben Graham's Tips on How to Find Bargain Stocks

by Tracey Ryniec

Companies and industries may change over the decades, but top investing strategies are timeless.

EOG Resources Falls 14% in First 9 Months of 2019: Here's Why

by Zacks Equity Research

The prolonged weakness in crude pricing scenario has been among the major factors marring EOG Resources' (EOG) prospects.

Cenovus (CVE) Hikes Q4 Dividend & Lowers 2019 Capital Budget

by Zacks Equity Research

Cenovus (CVE) says that its operations, as a whole, are strong enough to generate significant fund flow that will help it lower debt burden.

Nilanjan Banerjee headshot

Permian Oil Producers Steal the Spotlight: 4 Likely Gainers

by Nilanjan Banerjee

Permian basin is likely to be the major contributor to America's oil production growth.

Is Diamondback Energy (FANG) A Good Stock to Invest in Now?

by Zacks Equity Research

Is Diamondback Energy (FANG) a great pick from the value investor's perspective right now? Read on to know more.

The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Concho Resources, Callon Petroleum, Parsley Energy and Diamondback Energy

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Concho Resources, Callon Petroleum, Parsley Energy and Diamondback Energy

Nilanjan Choudhury headshot

Permian Oil Production Growth to Continue: 5 Stocks in Focus

by Nilanjan Choudhury

Production from the Permian Basin of Texas and New Mexico is set to climb by 71,000 barrels per day to a record of about 4.485 million barrels per day in October.

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Oil & Gas US E&P Outlook: Bearish Signals Abound

by Nilanjan Choudhury

Oil is facing a two-pronged attack, rising domestic supply and fears of a global economic slowdown in the backdrop of the U.S.-China trade war.

Why Is Diamondback (FANG) Up 5.5% Since Last Earnings Report?

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.

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Top Research Reports: Amazon, Caterpillar, Vertex & More

by Kalyan Nandy

Today's Research Daily features updated research reports on 12 major stocks, including Amazon (AMZN), Caterpillar (CAT) and Vertex (VRTX).

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Eni, TC Energy, Pioneer Natural Q2 Earnings

by Nilanjan Choudhury

Eni (E) reported comprehensive earnings miss, TC Energy's (TRP) bottom line matched the Zacks Consensus Estimate, while Pioneer Natural Resources (PXD) outperformed our profit projection.

Stock Market News for Aug 07, 2019

by Zacks Equity Research

Major indexes closed in the green on Tuesday after China's central bank stepped in to contain the fall in the Chinese currency.

Diamondback's (FANG) Q2 Earnings Miss on Weak Gas Prices

by Zacks Equity Research

Diamondback (FANG) now forecasts full-year output in the range of 277-284 MBOE/d (58-70% oil) versus prior guidance of 272-287 MBOE/d.

Diamondback Energy (FANG) Lags Q2 Earnings and Revenue Estimates

by Zacks Equity Research

Diamondback (FANG) delivered earnings and revenue surprises of -2.30% and -1.38%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Key Factors to Impact Ring Energy (REI) This Earnings Season

by Zacks Equity Research

While significant output growth is expected to buoy Ring Energy's (REI) second-quarter 2019 earnings, weaker y/y commodity prices may dent overall results.

Factors to Consider Ahead of Diamondback (FANG) Q2 Earnings

by Zacks Equity Research

While production growth is likely to buoy second-quarter results of Diamondback (FANG), weaker y/y commodity prices may play spoilsports.