Diamondback Energy/$FANG

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About Diamondback Energy

Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2024, the company reported net proven reserves of 3.6 billion barrels of oil equivalent. Net production averaged about 598,000 barrels per day in 2024, at a ratio of 56% oil, 23% natural gas liquids, and 21% natural gas.

Ticker

$FANG
Sector
Primary listing

Employees

1,983

FANG Metrics

BasicAdvanced
$40B
9.67
$14.15
1.07
$3.90
2.92%

What the Analysts think about FANG

Analyst ratings (Buy, Hold, Sell) for Diamondback Energy stock.

Bulls say / Bears say

Raymond James analysts say Diamondback is likely to prioritize free cash flow over production growth after the Endeavor merger, indicating disciplined capital allocation aimed at shareholder returns (Reuters)
Diamondback completed strategic divestitures, selling a 55% stake in the EPIC pipeline and its Environmental Disposal Systems unit, raising over $1.3 billion to strengthen liquidity and reinvest in its core Permian assets (Reuters) (Reuters)
Diamondback is focusing on cost savings and shareholder returns, scaling back rigs and deferring completions to maximize free cash flow and sustain capital efficiency rather than prioritize volume growth (Financial Times)
Diamondback posted second-quarter profits below analysts’ expectations after a 20% decline in Brent crude prices compared to last year, causing shares to drop 3.6% and bringing the company’s earnings resilience into question (Reuters)
Diamondback reduced its rig count from 17 to 13 in the second quarter and cut its 2025 capital budget by about 3% to $3.4–$3.6 billion, reflecting a slowdown in core Permian development amid a subdued oil market outlook (Reuters)
The merger with Endeavor resulted in higher pro forma leverage, leading management to prioritize debt reduction instead of growth, likely limiting discretionary investments until net debt is lowered (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2025.

FANG Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

FANG Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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