Companies /Energy

Diamondback Energy Inc

NASDAQ: FANG Oil & Gas E&p
$205.37
▼ $0.86 (−0.41%) today
Markets open · 12:39pm ET

24/7 Wall St. View

Price Prediction $202.92 −2.2% Our analysts’ 12-month view: target, optimistic case, and floor. FANG price prediction → Earnings Beat +8.3% EPS vs. the estimate, revenue, and how the market reacted. FANG earnings history →

FANG at a Glance

Valuation
Market cap
$57.7B
P/E ratio
39.3
Dividend yield
2.08%
Profitability
Revenue (TTM)
$16.2B
Profit margin
9.0%
EPS (TTM)
$5.25
Price
52-week range
$134 – $217
24/7 target
$202.92
Street target
$239.45
Earnings
Next report
Nov 2, 2026
Q2 2026 EPS
$6.48
vs. $5.98 est.
+8.3%

Headquartered in Midland, TX Fiscal year ends December NASDAQ: FANG diamondbackenergy.com

About Diamondback Energy

Diamondback Energy, Inc. (NASDAQ: FANG) is an independent oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. The company operates one of the largest production platforms among U.S. independents, producing over 1 million barrels of oil equivalent per day, with oil comprising roughly half of total volumes. Diamondback also consolidates Viper Energy, Inc., a publicly traded subsidiary that owns mineral and royalty interests. The company pursues an integrated development strategy including horizontal drilling across multiple Midland Basin zones (Wolfcamp, Spraberry, Jo Mill, Barnett), enhanced oil recovery research, and gas monetization initiatives including long-haul pipeline capacity to the Gulf Coast. Diamondback is also exploring large-scale power generation opportunities on its surface acreage to serve data center demand. Updated

Latest Activity

Biggest movers · At the close
Gainers
  • EQNREquinor$46.98+4.6%
  • FANGDiamondback Energy$203.91+4.3%
  • KMIKinder Morgan$34.22+4.3%
  • TRGPTarga Resources$294.22+4.1%
  • NOCNorthrop Grumman$519.75+4.0%
Losers
  • CRWVCoreWeave$61.12-12.3%
  • APLDApplied Digital$17.95-11.9%
  • IRENIREN$26.95-11.3%
  • CIFRCipher Digital$8.95-10.9%
  • DOCNDigitalOcean$98.17-10.3%

Every one of the five worst names at Friday's close was an AI data center or cloud stock, led by CoreWeave's 12.3% drop. The entire winners' list came from energy and defense.

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Biggest movers · At the close
Gainers
  • CIFRCipher Mining$16.66+10.4%
  • BRKRBruker$60.87+9.2%
  • IQiQIYI$1.08+8.0%
  • COHRCoherent$290.33+7.1%
  • AXONAxon Enterprise$471.39+6.6%
Losers
  • ONON Semiconductor$66.66-8.9%
  • FANGDiamondback Energy$195.04-7.8%
  • APPSDigital Turbine$10.78-5.3%
  • ACHRArcher Aviation$5.22-4.6%
  • DUOLDuolingo$148.19-3.7%

Cipher Mining closed the session up 10.4% at $16.66, the widest gain across 111 priority names. At the other end, ON Semiconductor gave up 8.9% and Diamondback Energy 7.8%, a roughly 19-point spread between the best and worst names on the day.

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FANG Coverage

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Frequently Asked Questions

What does Diamondback Energy do?

Diamondback Energy, Inc. (NASDAQ: FANG) is an independent oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas.

What is the FANG stock price target?

24/7 Wall St.'s 12-month price target for FANG is $202.92, rated Hold. The Wall Street consensus target is $239.45. FANG price prediction →