FANG·Diamondback Energy, Inc.
FANG|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $4.95 | - | - |
| Q2'26 | $5.98 | $6.48 | +8.3% |
| Q1'26 | $3.37 | $4.23 | +25.5% |
| Q4'25 | $2.00 | $1.74 | -13.2% |
| Q3'25 | $2.94 | $3.08 | +4.6% |
| Q2'25 | $2.72 | $2.67 | -2.0% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $4.5B | - | - |
| Q2'26 | $5.0B | $5.6B | +10.8% |
| Q1'26 | $3.8B | $4.2B | +10.8% |
| Q4'25 | $3.3B | $3.4B | +3.7% |
| Q3'25 | - | $3.9B | - |
| Q2'25 | - | $3.7B | - |
FANG|Monthly Returns
Market Data
FANG Stock Snapshot
- Market cap
- 54.48B
- P/E ratio
- 37.1
- Day range
- $191.96 – $197.60
- News sentiment
- 44/100 · Neutral
- Analyst target
- $234.38 (+21.8%)
- Consensus
- Buy · 38 analysts
FANG's technical picture is under pressure, with momentum working against price. The stock is liquid enough that positioning changes get absorbed without distorting the trend.
Reverse DCF
What growth is priced into FANG?
At today's price, Diamondback Energy, Inc. needs to grow free cash flow about 5.8% a year for the next 10 years to justify its valuation at a 7.31% cost of capital. Over its actual history it has compounded free cash flow at 34.3% a year, so the market is asking for 28.6 percentage points below its own delivered rate. On that basis FANG looks priced below what its own growth record supports.
- Implied FCF growth
- 5.8%
- Historical FCF CAGR
- 34.3%
- Growth gap
- -28.6 pts
- Verdict
- CHEAP
- Discount rate (WACC)
- 7.31%
- Beta
- 0.79
Behaviour On Record
What FANG's own history says about today's numbers
- Realized volatility (21d)
- 40.8% 62nd pct
- Below its peak
- -9.7%
- vs 200-day average
- +5.2%
- Up days (1y)
- 54%
Diamondback Energy, Inc. is currently running 40.8% annualised volatility over the last 21 sessions. Measured against FANG's own 13 years of daily returns rather than a market-wide average, that is the 62nd percentile — a little above its own norm, against a typical reading of 36.9%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.
FANG is trading -9.7% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -32.8%, and the deepest was -82.6% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.
Price sits +5.2% from its 200-day moving average. Against every other day in its history, that gap ranks at the 51st percentile — close to the gap it normally carries. Over the past year FANG closed higher on 54% of sessions, and it is currently 1 session into a falling streak.
On September specifically: over 13 years of records, FANG finished the month higher 5 of 13 times, with a median return of -4.7% and an average of -1.5%. Its strongest month historically has been April at +6.1% on average, its weakest March at -2.1%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.
Overnight risk is measurable too: FANG has opened more than 2% away from the prior close in 249 of 3,267 sessions (7.6% of the time), with the largest gaps running +14.8% and -12.4%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.
Across the last 3 dated reports on file, FANG moved an average of 2.4% in the session after earnings, closing higher 1 of those 3 times, with a median move of -2.0% and a largest of -2.7%.
All figures computed from 3,268 daily closes between 2013-09-20 and 2026-09-18, split-adjusted, recomputed daily. Percentiles are against FANG's own 13-year history, not a peer group or index.
Sector Rotation
Is money rotating into or out of FANG's sector?
Diamondback Energy, Inc. sits in the Energy sector, currently ranked 2nd of 11 GICS sectors by relative-strength rotation score (weakening).
- Sector rank
- #2 of 11
- Sector state
- Weakening
- Sector rotation score
- 80
Analyst Rating Changes
Are analysts turning bullish or bearish on FANG?
Wells Fargo most recently reiterated its rating on Diamondback Energy, Inc. to Overweight on Oct 18, 2024 with a price target of $218 (from $219). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.
- Latest action
- Wells Fargo — Overweight
- 90-day upgrades
- 0
- 90-day downgrades
- 0
- Net rating momentum
- 0
FANG Competitive Positioning
- FANGyou're hereDiamondback Energy, Inc.$54.5B+0.19%
- EOGEOG Resources, Inc.$76.3B-1.15%
- OXYOccidental Petroleum Corporation$59.3B-0.07%
- DVNDevon Energy Corporation$53.5B-0.02%
- EQTEQT Corporation$31.5B+0.02%
- APAAPA Corporation$15.8B+0.25%
