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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.

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Energy Stocks: Deep Value or Traps?

Energy stocks have slumped again. Time to buy or is it a trap?

Diamondback (FANG) Down 5.4% 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.

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

Smart Beta ETF report for XOP

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Keep an Eye on 3 Oil Explorers Amid Elevated Crude Prices

Oil prices continue to be advantageous for upstream enterprises like APA Corp (APA), Diamondback (FANG) and Northern Oil and Gas (NOG).

Should SPDR Russell 1000 Yield Focus ETF (ONEY) Be on Your Investing Radar?

Style Box ETF report for ONEY

The Zacks Analyst Blog Highlights HF Sinclair, ExxonMobil and Diamondback Energy

HF Sinclair, ExxonMobil and Diamondback Energy are part of the Zacks top Analyst Blog.

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3 Energy Plays That Dividend Investors Shouldn't Ignore

DINO, XOM and FANG are three fundamentally and operationally strong energy companies that should enable you to live off dividends through sector volatility.

Is SPDR Russell 1000 Yield Focus ETF (ONEY) a Strong ETF Right Now?

Smart Beta ETF report for ONEY

Stock Market News for Nov 17, 2023

The S&P 500 and the Nasdaq ticked higher on Thursday, while the Dow ended in negative territory amid mixed third-quarter earnings results.

Diamondback (FANG) Q3 Earnings Beat Estimates on Higher Output

For 2023, Diamondback Energy (FANG) forecasts a capital spending budget between $2.66 billion and $2.7 billion and looks to pump around 447,000 BOE/d of hydrocarbon.

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

Style Box ETF report for SPGP

Diamondback (FANG) Reports Q3 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Diamondback (FANG) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Diamondback Energy (FANG) Q3 Earnings and Revenues Surpass Estimates

Diamondback (FANG) delivered earnings and revenue surprises of 12.04% and 7.49%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Is a Surprise Coming for Diamondback Energy (FANG) This Earnings Season?

Diamondback Energy (FANG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Can Coterra Energy (CTRA) Maintain Its Earnings Beat in Q3?

Coterra Energy (CTRA) beat the Zacks Consensus Estimate for earnings in each of the last four quarters, resulting in an earnings surprise of 9.5%, on average.

Civitas Resources (CIVI) Q3 Earnings Preview: Things to Know

Robust volumes are likely to have boosted Civitas Resources' (CIVI) profit levels in the third quarter.

Murphy Oil (MUR) Q3 Earnings and Sales Surpass Estimates

Murphy Oil (MUR) revises its 2023 production volume expectation upward to accommodate strong contributions from its assets.

Is Diamondback (FANG) Poised for a Robust Q3 Earnings Show?

Strong volumes and lower costs are likely to have boosted Diamondback Energy's (FANG) profit levels in the third quarter.

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

Smart Beta ETF report for RPG

Can Cheniere Energy (LNG) Maintain Its Earnings Beat in Q3?

Cheniere Energy (LNG) beat the Zacks Consensus Estimate for earnings in each of the last four quarters, resulting in an earnings surprise of 104.5%, on average.

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 $158.43, indicating a -1.01% shift from the previous trading day.

Diamondback Energy (FANG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Diamondback (FANG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Marathon's (MRO) Q3 Earnings Preview: Key Things to Consider

Lower commodity realizations and higher costs are likely to have hurt Marathon Oil's (MRO) Q3 bottom line. However, an impressive production profile might have aided the results somewhat.

USA Compression (USAC) to Report Q3 Earnings: What to Expect

Improvement in revenue-generating horsepower is likely to have buoyed the third-quarter earnings of USA Compression Partners (USAC), only to be offset by higher costs.

Baker Hughes (BKR) Q3 Earnings & Revenues Beat Estimates

Baker Hughes' (BKR) Q3 earnings benefit from higher contributions from the Oilfield Services and Equipment, as well as the Industrial & Energy Technology business units.