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FANGDiamondback Energy, Inc.
$178.96$50.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
FANG logo

Diamondback Energy, Inc.

FANG
NASDAQ · Oil & Gas Producers
$178.96
At close - USD
Market Cap$50.34B
P/E31.2x
52W High$216.90
Volume1.64M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Acquisition-Driven Scale Lifts FANG Cash Flow Amid Volatility

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.

GrowthMixed
ProfitabilityStrong
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

FANG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

9/12 Beats

EPS beat 9 of last 12 quarters

02

Valuation risk

+58% Peers

P/E is 58% above peer median

03

Market leadership

RS 53 · Avg

Average momentum (RS Rating: 53)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 2
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

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.

Analyst Consensus+31.8% target
Buy(53 analysts)
47 Buy6 Hold0 Sell

The Bull Case

Upside Catalysts

Bullish analyst coverage

A bullish thesis on Diamondback Energy, Inc. was highlighted by @MoneyShow on X.com, suggesting positive sentiment among analysts.

Comprehensive investor resources

Diamondback Energy provides detailed business information for investors and analysts, enhancing transparency and confidence.

Extensive SEC filings

MarketBeat offers access to Diamondback Energy's complete SEC filing history, aiding in thorough financial analysis and due diligence.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FANG+19.61%
S&P 500 (^GSPC)+7.63%
1-Year Return
FANG+30.15%
S&P 500 (^GSPC)+9.69%
3-Year Return
FANG+23.56%
S&P 500 (^GSPC)+68.29%
5-Year Return
FANG+83.17%
S&P 500 (^GSPC)+56.33%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
23.1x
Forward P/EExpansion
7.8x
EV/EBITDA60th %ile
5.8x
FCF YieldCash Flow
12.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
23.1x
8.9x
80th· High
EV/EBITDA
5.8x
5.4x
60th· Fair
Price/FCF
7.8x
11.5x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$433.69+142.3%
Base (Fair)$717.52+300.9%
Bull$1241.54+593.8%
$433.69 Bear$717.52 Base$1241.54 Bull
Current Market Price: $178.96
Trades at a 75.1% discount to Base DCF ($717.52)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$15.03B+36.3% YoY
Net income FY25
$1.66B-50.1% YoY
Free cash flow FY25
$5.24B+197.4% YoY
Operating margin FY25
32.7%-7.2 pts YoY
ROIC (FY25)6.7%
Avg ROIC 5Y-
ROE (FY25)4%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate9/12 (75%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (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
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·1d ago
Here's What Key Metrics Tell Us About Diamondback (FANG) Q3 Earnings

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.

24/7 Wall Street·1d ago
5 Dividend Stocks With Ex-Dividend Deadlines Next Week. Don't Miss These Dates

Five dividend payers share a cash-in window that closes within days, and one of them pays out more than it earns. Find out which names look bulletproof, which carry heavy debt, and who needs to act before Monday.

24/7 Wall Street·1d ago
Diamondback Just Raised Its Dividend 7.3%. These 3 Energy Stocks Are Paying Investors Too

Four oil and gas producers just paired earnings with fresh payouts, but one dividend is built to survive $30 oil and another sits on a thin gas price cushion. Which checks are truly safe, and which come with a catch?

Zacks Investment Research·1d ago
New Strong Buy Stocks for November 6th

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

Filtered for Diamondback Energy, Inc.More Headlines
04

Compare before deciding

Benchmark FANG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Diamondback Energy, Inc. (FANG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FANG logoFANGDiamondback Energy, Inc.Current
$178.96$50.34B31.2336.31%11.07%4.02%2.23%
MTDR logoMTDRMatador Resources Company
$50.41$6.26B8.285.1%17.38%11.71%2.6%
CTRA logoCTRACoterra Energy Inc.
$32.56$24.72B14.4740.07%21.68%11.26%2.75%
SM logoSMSM Energy Company
$29.92$7.17B5.3118.07%13.66%13.76%2.67%
PARR logoPARRPar Pacific Holdings, Inc.
$68.06$3.41B9.51-6.39%9.81%53.95%—
EOG logoEOGEOG Resources, Inc.
$147.13$78.37B16.15-3.47%25.71%22.38%2.72%

Compare FANG vs Peers

Diamondback Energy, Inc. (FANG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MTDR

Most directly comparable listed peer for FANG.

Scale Benchmark

vs XOM

Larger-name benchmark to compare FANG against a more recognizable public peer.

Peer Set

Compare Top 5

vs MTDR, CTRA, SM, PARR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FANG SEC Filings & Documents

Diamondback Energy, Inc. (FANG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 2, 2026·SEC

Material company update

Oct 8, 2026·SEC

Material company update

Aug 3, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 4, 2026·SEC

FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

Get notified when FANG posts new earnings or crosses analyst targets

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FANG Frequently Asked Questions

Diamondback Energy, Inc. (FANG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Diamondback Energy, Inc.'s revenue?

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.

How fast is Diamondback Energy, Inc. growing?

Diamondback Energy, Inc. (FANG) grew revenue by 36.3% in fiscal year 2025, compared with the prior fiscal year.

Is FANG profitable?

Yes. Diamondback Energy, Inc. (FANG) earned $2.17B in net income over the trailing twelve months (a 11.7% net margin).

Dividend & Returns
Does FANG pay dividends?

Yes. Diamondback Energy, Inc. (FANG) pays a dividend that yields 2.23% at the current price, a moderate yield.

What is FANG's return on equity?

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%.

What is Diamondback Energy, Inc.'s free cash flow?

Diamondback Energy, Inc. (FANG) generated $6.46B in free cash flow over the trailing twelve months.

What if you invested $1,000 in FANG back in 2009?

Total return calculator · dividends reinvested · 17+ years of data

See returns →