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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%) 9:12 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.

Diamondback Energy (FANG) Reports Next Week: Wall Street Expects Earnings Growth

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.

The Zacks Analyst Blog Highlights: Enterprise Products, Magellan Midstream, Pioneer Natural and Diamondback

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Enterprise Products, Magellan Midstream, Pioneer Natural and Diamondback

Nilanjan Banerjee headshot

Middle East Tensions Drive US Oil Demand: 4 Likely Gainers

by Nilanjan Banerjee

Possibility of disruption of crude shipments through the Strait of Hormuz has increased scope for the United States to boost crude export volumes.

Here's Why You Should Retain Diamondback (FANG) Stock Now

by Zacks Equity Research

Diamondback (FANG) is expected to grow on the back of Permian Basin's strength, which makes it worth retaining at the moment.

Nilanjan Banerjee headshot

Can the Crude Slump Dent Oil Production Volumes in America?

by Nilanjan Banerjee

With the advent of advanced drilling technologies, oil producers are now competitive enough to produce higher volumes despite investing lower capital and employing lesser rigs.

Diamondback (FANG) Down 9.2% 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.

Nilanjan Choudhury headshot

U.S. Crude Falls Into Bear Market on Massive Inventory Build

by Nilanjan Choudhury

The federal government's EIA report revealed that crude inventories rose by 6.8 million barrels for the week ending May 31 to a nearly 2-year high.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Shell's Appomattox Start-Up, Rattler Midstream's IPO & More

by Nilanjan Choudhury

Royal Dutch Shell (RDS.A) started production at its Appomattox GoM platform. Meanwhile, Rattler Midstream Partners raised $665 million in the year's biggest energy IPO so far.

What Makes Apache (APA) a Compelling Buy at the Moment?

by Zacks Equity Research

Apache (APA) appears to be a solid bet based on its impressive production profile in the Permian along with appreciable midstream efforts and investor-friendly moves.

Biggest Energy IPO of 2019: Rattler Midstream Raises $665M

by Zacks Equity Research

Rattler Midstream, a subsidiary of Diamondback Energy (FANG), priced its IPO at $17.50 per unit, in the middle of its previously indicated range of $16 to $19 per unit.

Nilanjan Banerjee headshot

Permian Drillers Steal the Spotlight: 4 Stocks Worth Tracking

by Nilanjan Banerjee

Permian drillers are more efficient as they are deploying lesser oil rigs to produce more of the commodity.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Diamondback and Marathon Petroleum Report Q1 Earnings

by Nilanjan Choudhury

Permian pure play Diamondback Energy (FANG) reported better-than-expected first-quarter earnings. Meanwhile, refiner Marathon Petroleum (MPC) swung to a surprise loss.

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Diamondback (FANG) Q1 Earnings Beat, Unveils $2B Buyback

by Nilanjan Choudhury

Diamondback Energy's (FANG) production of oil and natural gas averaged 262.6 thousand barrels of oil equivalent per day (68% oil), up 156% from the year-ago quarter.

Viper Energy (VNOM) Misses Q1 Earnings on Lower Oil Price

by Zacks Equity Research

Drop in realized commodity prices attributes to the lower-than-expected Q1 results for Viper Energy (VNOM).

Diamondback Energy (FANG) Beats Q1 Earnings Estimates

by Zacks Equity Research

Diamondback (FANG) delivered earnings and revenue surprises of 2.21% and -1.27%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Nilanjan Choudhury headshot

Factors to Know Ahead of Diamondback's (FANG) Q1 Earnings

by Nilanjan Choudhury

Two major areas of interest, i.e. output growth and oil price realizations, are sending mixed signals with regard to Diamondback's (FANG) results in the upcoming quarter.

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

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.

BP to Substantially Boost U.S. Onshore Upstream Expenditure

by Zacks Equity Research

BP will raise U.S. onshore upstream expenditure for 2019 in the range of $2-$2.5 billion, up from last year's $1 billion.

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Oil ETFs Surge as Chevron Plans to Buy Anadarko

by Sweta Killa

The deal news has sparked a new wave of mergers and acquisitions in the energy sector, boosting shares of shale oil companies and ETFs.

Diamondback (FANG) Jumps: Stock Rises 6.4%

by Zacks Equity Research

Diamondback (FANG) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

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With Crude Around $65, It's Time to Buy These 5 Oil Stocks

by Kaibalya Pravo Dey

Rapid industrialization in the Asia-Pacific is likely to shoot up demand for oil in times ahead.

Diamondback (FANG) Down 1.2% 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.

The Zacks Analyst Blog Highlights: Matador, Continental Resources, Pioneer Natural, Diamondback and Concho

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Matador, Continental Resources, Pioneer Natural, Diamondback and Concho

Nilanjan Choudhury headshot

Shale Oil Q4 Earnings Falter on Commodity Price Meltdown

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 earnings reports.

The Zacks Analyst Blog Highlights: Diamondback Energy, Cabot Oil & Gas, HollyFrontier, Cimarex Energy and Parsley Energy

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Diamondback Energy, Cabot Oil & Gas, HollyFrontier, Cimarex Energy and Parsley Energy