Diamondback Energy (NASDAQ:FANG) Hits New 1-Year High Following Dividend Announcement

Shares of Diamondback Energy, Inc. (NASDAQ:FANG) reached a new 52-week high on Monday after the company announced a dividend. The company traded as high as $177.25 and last traded at $175.2170, with a volume of 316663 shares traded. The stock had previously closed at $176.01.

The newly announced dividend which will be paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th will be given a $1.05 dividend. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, March 5th. Diamondback Energy’s dividend payout ratio (DPR) is currently 27.80%.

Analyst Ratings Changes

A number of analysts recently commented on FANG shares. Benchmark reiterated a “buy” rating on shares of Diamondback Energy in a research report on Tuesday. Citigroup dropped their price target on shares of Diamondback Energy from $180.00 to $178.00 and set a “buy” rating for the company in a research report on Tuesday, January 6th. Sanford C. Bernstein decreased their price target on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $173.00 target price on shares of Diamondback Energy in a research report on Monday, January 19th. Finally, TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a research note on Monday, February 9th. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $187.86.

Diamondback Energy Price Performance

The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 0.35. The company has a 50 day simple moving average of $156.95 and a 200-day simple moving average of $149.22. The stock has a market cap of $49.74 billion, a price-to-earnings ratio of 30.96 and a beta of 0.63.

Diamondback Energy (NASDAQ:FANG) last issued its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.41 billion. Diamondback Energy had a return on equity of 8.06% and a net margin of 11.07%.The firm’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same period last year, the company posted $3.67 earnings per share. As a group, research analysts anticipate that Diamondback Energy, Inc. will post 15.49 EPS for the current fiscal year.

Key Stories Impacting Diamondback Energy

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Susquehanna raised its price target on FANG from $182 to $199 and moved to a “positive” rating, implying meaningful upside vs. the current price — a near‑term catalyst for buyers. Benzinga
• Positive Sentiment: Dividend and buyback actions: management raised the quarterly dividend to $1.05 (5% increase) and completed large buybacks (multi‑year program, significant shares repurchased), signaling strong free cash flow and shareholder return priority. Yahoo – Dividend Lift
• Positive Sentiment: Analyst support/ratings: several firms maintain Buy/Overweight views and some raised targets (e.g., Siebert, Piper Sandler, UBS coverage), supporting demand for the shares. TipRanks – Analyst Note
• Neutral Sentiment: Management tone and commodity view: CEO Van’t Hof expressed growing confidence in the macro oil outlook and highlighted disciplined production plans, which could support prices but also keep growth modest. OGJ – CEO Comments
• Neutral Sentiment: 2026 guidance is deliberately cautious — flat production vs. Q4 levels — which reinforces capital discipline (positive for FCF) but may limit near‑term growth excitement. MarketBeat – Cautious Guidance
• Negative Sentiment: Q4 results missed EPS expectations (adjusted EPS $1.74 vs. ~$2.00 consensus) and showed a large non‑cash oil & gas impairment (~$3.65B), producing a GAAP net loss that pressured sentiment. Revenue was down ~9% YoY. Those headline misses likely triggered the initial selloff. Reuters – Earnings Miss
• Negative Sentiment: Large impairment + notable insider/institutional selling highlighted in post‑earnings coverage could weigh on near‑term sentiment despite strong cash generation. QuiverQuant – Impairment & Selling

Insiders Place Their Bets

In other Diamondback Energy news, Director Charles Alvin Meloy sold 377,911 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $138.61, for a total value of $52,382,243.71. Following the completion of the transaction, the director directly owned 1,044,864 shares in the company, valued at $144,828,599.04. This trade represents a 26.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the sale, the insider owned 98,686,727 shares in the company, valued at $16,074,094,093.76. This represents a 1.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,438,516 shares of company stock valued at $225,026,921 in the last quarter. 0.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. DGS Capital Management LLC bought a new position in shares of Diamondback Energy during the 4th quarter worth about $206,000. SG Trading Solutions LLC bought a new stake in Diamondback Energy during the fourth quarter worth about $224,000. Invesco Ltd. increased its holdings in shares of Diamondback Energy by 2.9% during the fourth quarter. Invesco Ltd. now owns 3,212,158 shares of the oil and natural gas company’s stock worth $482,884,000 after buying an additional 91,799 shares in the last quarter. Harbour Wealth Management Group Inc. bought a new stake in shares of Diamondback Energy during the fourth quarter worth $368,000. Finally, First Growth Capital LLC acquired a new stake in shares of Diamondback Energy in the fourth quarter valued at $201,000. Institutional investors own 90.01% of the company’s stock.

About Diamondback Energy

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.