DailyIQ
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Sector:EnergyAll sectors
Last updated 1 minute ago

FANG·Diamondback Energy, Inc.

$.
-. (-.%)
After Hours
High
$194.14
Open
$193.58
Market Cap
54.58B
52W High
$214.51
Low
$189.50
P. Close
$194.12
P/E
192.19
52W Low
$133.75
Fwd P/E
11.01
Mean Target
$232.17
Technical Score (1D)
77
BUY
News Sentiment
72
BULLISH
Diamondback Energy (FANG) reported a strong first quarter, surpassing analyst expectations for revenue, EPS, and EBITDA, driven by its strategic Permian Basin concentration and cost discipline amidst volatile oil prices. A significant governance shift saw Travis D. Stice transition from Executive Chairman to non-executive Chairman, a move that could reshape the company's investment narrative. Investors will be watching for further details from senior leadership regarding the company's outlook following this performance and leadership evolution.
Earnings Summary
Diamondback Energy is an independent oil and gas company focused on the acquisition, exploration, and development of onshore oil and natural gas reserves, primarily within the Permian Basin of West Texas. The company specializes in unconventional formations, concentrating its efforts on key resource plays like the Spraberry and Wolfcamp within the Midland basin, and the Wolfcamp and Bone Spring formations in the Delaware basin. Operating within the Energy sector, specifically the Oil & Gas E&P industry, Diamondback leverages its expertise in these prolific hydrocarbon regions. Analyzing recent performance, Diamondback Energy's EPS has shown a mixed trend. In Q1 2025, EPS was $4.54, an increase from $3.64 in Q4 2024, indicating acceleration. However, this was followed by a deceleration in Q2 2025 with EPS reported at $2.67, below the estimate of $2.72. The company then saw an uptick in Q3 2025 with EPS at $3.08, beating the estimate of $2.94. Revenue has also fluctuated, with Q1 2025 revenue at $4.05 billion, up from $3.71 billion in Q4 2024, but Q2 2025 revenue declined to $3.68 billion. The most recent reported quarter, Q1 2026, showed a significant increase in both revenue to $4.24 billion and EPS to $4.23, beating the estimate of $3.37. Historically, Diamondback Energy has demonstrated a pattern of beating analyst estimates for EPS in most of the recent quarters provided, with notable beats in Q4 2024, Q1 2025, Q3 2025, and Q1 2026. The company has also shown revenue growth in several periods, though EPS has experienced some volatility, particularly in Q2 2025 where it missed estimates. The overall trajectory suggests an ability to meet or exceed earnings expectations, with revenue generally following a positive trend, albeit with quarterly fluctuations. Recent news indicates a strong positive sentiment from analysts, with Barclays increasing its price target to $232 and Morgan Stanley reiterating an Overweight rating with a $229 price target. Diamondback Energy is also highlighted as a significant holding in a top-performing fund and holds a Zacks Rank of #1 (Strong Buy). Substantial upward revisions to full-year earnings estimates, exceeding 115% over the past three months, underscore an improving earnings outlook and outperformance relative to sector peers. Looking ahead, investors will be watching for Diamondback Energy's ability to sustain its positive earnings momentum and outperformance against peers in the upcoming quarters. Key will be the company's continued success in meeting or exceeding analyst estimates, particularly in light of the significant upward revisions to earnings forecasts. Commentary on the sustainability of these positive trends and any further analyst sentiment shifts will be crucial for assessing future performance.

EPS

EstBeatMiss
$1.11$2.47$3.83$5.19$6.54Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$5.92 - -
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%
Q1'25$4.20$4.54+8.1%

Revenue

EstBeatMiss
$3.0B$3.5B$4.0B$4.5B$4.9BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$4.7B - -
Q1'26$3.8B$4.2B+10.8%
Q4'25$3.3B$3.4B+3.7%
Q3'25 - $3.9B -
Q2'25 - $3.7B -
Q1'25 - $4.0B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

FANG Stock Snapshot

FANG is currently trading at $193.00, giving Diamondback Energy, Inc. a market cap of 54.58B and a P/E ratio of 192.2. Today's range spans $189.50–$194.14, with shares opening at $193.58 and moving down $1.12 (0.6%) from the prior close. DailyIQ's technical score sits at 77/100 (BUY) with a news sentiment reading of 72/100.

Over the past year FANG has traded between $133.75 and $214.51 - the current price is +44.3% off the 52-week low and -10.0% from the high. 40 analysts cover the stock with a Buy consensus and a mean 12-month target of $232.17 (range $195.00–$277.00), implying upside of +20.3%.

Growth-oriented Energy investors looking for technical confirmation find it in FANG: BUY signal, 77/100 score, bullish sentiment at 72/100, price $193.00 (in the upper portion of its 52-week range). The current P/E ratio stands at 192.2. The 54.58B market cap is the sweet spot - big enough to absorb institutional sizing, small enough to move materially on conviction. Annual range: $133.75–$214.51.

The combination of a BUY signal (77/100) and bullish news sentiment (72/100) puts FANG on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 54.58B in Energy market cap without immediately moving the stock. At $193.00 (in the upper portion of its 52-week range in the $133.75–$214.51 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.