Back to top
more

Diamondback Energy (FANG)

(Real Time Quote from BATS)

$197.79 USD

197.79
391,635

+3.20 (1.64%)

Updated May 17, 2024 02:32 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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

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

Bottom 33% (168 out of 250)

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

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

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.

Nilanjan Choudhury headshot

Will ExxonMobil's $60B Pioneer Megadeal Spur Permian M&A?

by Nilanjan Choudhury

FANG, CTRA and PR could see heightened interest following ExxonMobil-Pioneer deal as assets in the Permian Basin remain attractive investment opportunities.

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

by Zacks Equity Research

In the most recent trading session, Diamondback Energy (FANG) closed at $156.38, indicating a -0.06% shift from the previous trading day.

Petrobras (PBR) Faces Tax Setback Amid Oil Market Volatility

by Zacks Equity Research

CARF dismisses Petrobras' (PBR) appeal over 2013-2014 tax dispute, leaving a $1.26 billion bill.

Chevron (CVX) Halts Tamar Gas Production After Hamas Attack

by Zacks Equity Research

Israel directs Chevron (CVX) to halt Tamar gas production following Hamas attack, leading to gas supply disruptions that triggered a surge in crude oil prices.

Are Investors Undervaluing Diamondback Energy (FANG) Right Now?

by Zacks Equity Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Diamondback (FANG) Stock Jumps 4.2%: Will It Continue to Soar?

by Zacks Equity Research

Diamondback (FANG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Diamondback Energy (FANG) Gains As Market Dips: What You Should Know

by Zacks Equity Research

Diamondback Energy (FANG) closed at $150.89 in the latest trading session, marking a +0.46% move from the prior day.

Company News for Oct 3, 2023

by Zacks Equity Research

Companies in The News Are: FANG, META, NVDA, GS, AEP

Shaun Pruitt headshot

Time to Buy These 2 Energy Stocks Poised for a Rebound

by Shaun Pruitt

Marathon Oil (MRO) and Viper Energy Partners (VNOM) may not be the typical names investors look to as it relates to oil and energy stocks, but their annual earnings estimates have soared.

Diamondback Energy (FANG) Stock Sinks As Market Gains: What You Should Know

by Zacks Equity Research

Diamondback Energy (FANG) closed the most recent trading day at $157.14, moving -0.06% from the previous trading session.

Diamondback Energy (FANG) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

In the latest trading session, Diamondback Energy (FANG) closed at $150.57, marking a -0.52% move from the previous day.

Diamondback Energy (FANG) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

Diamondback Energy (FANG) closed at $152.89 in the latest trading session, marking a -1.61% move from the prior day.

Diamondback Energy (FANG) Outpaces Stock Market Gains: What You Should Know

by Zacks Equity Research

Diamondback Energy (FANG) closed the most recent trading day at $157.92, moving +1.37% from the previous trading session.

Diamondback Energy (FANG) Stock Sinks As Market Gains: What You Should Know

by Zacks Equity Research

Diamondback Energy (FANG) closed the most recent trading day at $155.79, moving -0.33% from the previous trading session.

Diamondback (FANG) and Five Point Energy LLC Join Forces

by Zacks Equity Research

Diamondback (FANG) and Five Point Energy LLC form a joint venture entity in the Midland Basin under a 15-year agreement to sustainably manage water infrastructure.

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

by Zacks Equity Research

Style Box ETF report for SPGP

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

by Zacks Equity Research

Smart Beta ETF report for RPG

Why Is Diamondback (FANG) Up 2.2% 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.

APA Q2 Earnings Beat on Strong Production, Lower Expenses

by Zacks Equity Research

APA Corporation (APA) bought back 1.3 million shares at $33.72 apiece during the second quarter. The company also shelled out $77 million in dividend payments.

Nilanjan Banerjee headshot

Oil Price is Above $80: Keep an Eye on These 3 Explorers

by Nilanjan Banerjee

Favorable oil price is backing higher production volumes in the United States. Companies that are well-poised to gain are Diamondback (FANG), Pioneer Natural (PXD) and Matador (MTDR).

Diamondback (FANG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

by Zacks Equity Research

Although the revenue and EPS for Diamondback (FANG) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Diamondback (FANG) Q2 Earnings Miss Estimates on Lower Prices

by Zacks Equity Research

For 2023, Diamondback Energy (FANG) forecast a capital spending budget between $2.6 billion and $2.675 billion and looks to pump 435,000-445,000 BOE/d of hydrocarbon.

Diamondback Energy (FANG) Q2 Earnings Lag Estimates

by Zacks Equity Research

Diamondback (FANG) delivered earnings and revenue surprises of -6.12% and 0.42%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Diamondback Energy (FANG) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

Diamondback Energy (FANG) closed at $144.99 in the latest trading session, marking a -0.72% move from the prior day.

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

by Zacks Equity Research

Chesapeake Energy (CHK) 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.