Although the revenue and EPS for Diamondback (FANG) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Diamondback's revenue grew 38.4% year-over-year to roughly $5.4B in 2026Q3 and operating margin held near 46.0%, suggesting strong unit economics, though the trajectory appears driven substantially by acquisitions and commodity pricing rather than purely organic volume growth.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue reached roughly $5.4B in 2026Q3 with a 46.0% operating margin, but a net margin of 29.5% and a $1.5B net loss in 2025Q4 show that bottom-line results remain highly volatile.
A bullish thesis on Diamondback Energy, Inc. was highlighted by @MoneyShow on X.com, suggesting positive sentiment among analysts.
Diamondback Energy provides detailed business information for investors and analysts, enhancing transparency and confidence.
MarketBeat offers access to Diamondback Energy's complete SEC filing history, aiding in thorough financial analysis and due diligence.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 2, 2026 | $5.86+2.4% vs $5.72 | $5.4B+18.0% vs $4.6B |
Q3 2026 Aug 3, 2026 | $6.48+6.6% vs $6.08 | $4.8B-1.3% vs $4.9B |
Q2 2026 May 4, 2026 | $4.23+13.1% vs $3.74 | $4.2B+10.6% vs $3.8B |
Q1 2026 Feb 23, 2026 | $1.74-13.0% vs $2.00 | $3.0B-7.5% vs $3.3B |
Although the revenue and EPS for Diamondback (FANG) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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FANG, TRNS, WF, PTON and TBCH have been added to the Zacks Rank #1 (Strong Buy) List on November 6, 2026.

Benchmark FANG against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Diamondback Energy, Inc. (FANG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $178.96 | $50.34B | 31.23 | 36.31% | 11.07% | 4.02% | 2.23% | |
| $50.41 | $6.26B | 8.28 | 5.1% | 17.38% | 11.71% | 2.6% | |
| $32.56 | $24.72B | 14.47 | 40.07% | 21.68% | 11.26% | 2.75% | |
| $29.92 | $7.17B | 5.31 | 18.07% | 13.66% | 13.76% | 2.67% | |
| $68.06 | $3.41B | 9.51 | -6.39% | 9.81% | 53.95% | — | |
| $147.13 | $78.37B | 16.15 | -3.47% | 25.71% | 22.38% | 2.72% |
Diamondback Energy, Inc. (FANG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Diamondback Energy, Inc. (FANG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 2, 2026·SEC
Oct 8, 2026·SEC
Aug 3, 2026·SEC
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Diamondback Energy, Inc. (FANG) stock FAQ — growth, dividends, profitability & financials explained
Diamondback Energy, Inc. (FANG) reported $18.61B in revenue over the trailing twelve months. Revenue was $15.03B in fiscal year 2025. That is 118066% more than the $12.7M of fiscal year 2009.
Diamondback Energy, Inc. (FANG) grew revenue by 36.3% in fiscal year 2025, compared with the prior fiscal year.
Yes. Diamondback Energy, Inc. (FANG) earned $2.17B in net income over the trailing twelve months (a 11.7% net margin).
Yes. Diamondback Energy, Inc. (FANG) pays a dividend that yields 2.23% at the current price, a moderate yield.
Diamondback Energy, Inc. (FANG) had a return on equity (ROE) of 4.0% in fiscal year 2025. That is below the market's typical 10-15%.
Diamondback Energy, Inc. (FANG) generated $6.46B in free cash flow over the trailing twelve months.