FY2026 Earnings Estimate for FANG Issued By Zacks Research

Diamondback Energy, Inc. (NASDAQ:FANG) – Analysts at Zacks Research cut their FY2026 EPS estimates for Diamondback Energy in a research report issued on Friday, July 17th. Zacks Research analyst Team now anticipates that the oil and natural gas company will post earnings of $18.11 per share for the year, down from their prior estimate of $18.70. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Diamondback Energy’s current full-year earnings is $19.14 per share. Zacks Research also issued estimates for Diamondback Energy’s Q4 2026 earnings at $4.19 EPS, Q2 2027 earnings at $3.97 EPS, Q3 2027 earnings at $4.26 EPS and FY2027 earnings at $16.42 EPS.

Other equities analysts have also issued reports about the stock. Truist Financial reduced their target price on shares of Diamondback Energy from $242.00 to $220.00 and set a “buy” rating for the company in a research note on Thursday. Susquehanna lifted their price target on Diamondback Energy from $231.00 to $245.00 and gave the company a “positive” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded Diamondback Energy from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings cut Diamondback Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Finally, Raymond James Financial reiterated a “strong-buy” rating and set a $249.00 price objective on shares of Diamondback Energy in a report on Wednesday, June 10th. Four analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $218.26.

Diamondback Energy Trading Down 0.1%

Shares of NASDAQ:FANG opened at $195.38 on Tuesday. The firm has a market cap of $54.96 billion, a price-to-earnings ratio of 227.19 and a beta of 0.42. Diamondback Energy has a 12 month low of $134.30 and a 12 month high of $214.51. The company’s fifty day simple moving average is $191.22 and its 200 day simple moving average is $181.32. The company has a quick ratio of 0.55, a current ratio of 0.56 and a debt-to-equity ratio of 0.31.

Diamondback Energy (NASDAQ:FANG) last issued its quarterly earnings data on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.74 by $0.49. Diamondback Energy had a net margin of 1.87% and a return on equity of 7.76%. The company had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $3.83 billion. During the same quarter in the prior year, the firm earned $4.54 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.3%. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Thursday, May 14th. Diamondback Energy’s payout ratio is 511.63%.

Insider Buying and Selling at Diamondback Energy

In other news, Director Mark Lawrence Plaumann sold 500 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $196.50, for a total transaction of $98,250.00. Following the completion of the transaction, the director directly owned 13,437 shares in the company, valued at $2,640,370.50. This represents a 3.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Matt Zmigrosky sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $200.54, for a total value of $1,002,700.00. Following the completion of the transaction, the executive vice president owned 46,392 shares of the company’s stock, valued at $9,303,451.68. The trade was a 9.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 113,691 shares of company stock valued at $21,622,752 over the last quarter. 0.64% of the stock is currently owned by corporate insiders.

Institutional Trading of Diamondback Energy

Several institutional investors and hedge funds have recently bought and sold shares of FANG. Flagship Harbor Advisors LLC acquired a new position in Diamondback Energy during the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. increased its position in shares of Diamondback Energy by 245.1% during the 4th quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock worth $26,000 after purchasing an additional 125 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of Diamondback Energy during the 4th quarter worth approximately $26,000. Cedar Mountain Advisors LLC bought a new stake in shares of Diamondback Energy during the 1st quarter worth approximately $26,000. Finally, JPL Wealth Management LLC bought a new stake in shares of Diamondback Energy during the 3rd quarter worth approximately $26,000. Institutional investors own 90.01% of the company’s stock.

Diamondback Energy Company Profile

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub?basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.