Diamondback Energy (NASDAQ:FANG – Free Report) had its target price increased by Barclays from $178.00 to $185.00 in a research report released on Wednesday morning,Benzinga reports. The brokerage currently has an overweight rating on the oil and natural gas company’s stock.
Several other analysts have also recently issued reports on the company. Citigroup cut their target price on 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 dropped their price target on Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Benchmark reaffirmed a “buy” rating on shares of Diamondback Energy in a report on Tuesday, February 24th. Susquehanna lifted their price objective on shares of Diamondback Energy from $182.00 to $199.00 and gave the company a “positive” rating in a research report on Wednesday, February 25th. Finally, Morgan Stanley dropped their target price on shares of Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $189.00.
Check Out Our Latest Research Report on Diamondback Energy
Diamondback Energy Stock Up 0.8%
Diamondback Energy (NASDAQ:FANG – Get Free Report) last issued its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.41 billion. During the same quarter in the previous year, the company posted $3.67 EPS. The company’s quarterly revenue was down 9.0% on a year-over-year basis. On average, sell-side analysts forecast that Diamondback Energy will post 15.49 earnings per share for the current fiscal year.
Diamondback Energy Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, March 5th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio is presently 74.87%.
Insider Activity at Diamondback Energy
In related news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total value of $162,880,000.00. Following the completion of the transaction, the insider directly owned 98,686,727 shares of the company’s stock, valued at approximately $16,074,094,093.76. This trade represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Charles Alvin Meloy sold 60,605 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the completion of the sale, the director owned 982,006 shares in the company, valued at $158,220,806.72. This represents a 5.81% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.70% of the stock is owned by corporate insiders.
Institutional Trading of Diamondback Energy
A number of large investors have recently made changes to their positions in FANG. Deseret Mutual Benefit Administrators lifted its holdings in shares of Diamondback Energy by 31.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 274 shares of the oil and natural gas company’s stock valued at $41,000 after acquiring an additional 66 shares during the last quarter. Scotia Capital Inc. increased its stake in Diamondback Energy by 0.3% during the third quarter. Scotia Capital Inc. now owns 19,719 shares of the oil and natural gas company’s stock worth $2,822,000 after acquiring an additional 68 shares during the last quarter. Equitable Trust Co. increased its stake in Diamondback Energy by 0.7% during the third quarter. Equitable Trust Co. now owns 10,030 shares of the oil and natural gas company’s stock worth $1,435,000 after acquiring an additional 73 shares during the last quarter. Valeo Financial Advisors LLC raised its position in Diamondback Energy by 3.0% during the third quarter. Valeo Financial Advisors LLC now owns 2,568 shares of the oil and natural gas company’s stock valued at $367,000 after purchasing an additional 74 shares during the period. Finally, Townsend & Associates Inc raised its position in Diamondback Energy by 0.5% during the fourth quarter. Townsend & Associates Inc now owns 14,330 shares of the oil and natural gas company’s stock valued at $2,161,000 after purchasing an additional 75 shares during the period. 90.01% of the stock is currently owned by institutional investors.
Trending Headlines about Diamondback Energy
Here are the key news stories impacting Diamondback Energy this week:
- Positive Sentiment: Piper Sandler kept an “overweight” rating on FANG and trimmed its price target only slightly (from $218 to $215), signalling continued conviction in upside. Piper Sandler price target note
- Positive Sentiment: UBS raised its price target substantially (to $216) and maintained a “buy” rating, providing another bullish analyst signal that supports further upside. UBS price target raise
- Positive Sentiment: TD Cowen reiterated a Buy rating with a $195 target, citing disciplined growth, expanding inventory and low breakevens — supportive fundamentals for investors focusing on cash returns and resilience. TD Cowen buy rating
- Positive Sentiment: Market write-ups highlight FANG as one of the energy stocks leading this year’s rally (LNG/export tailwinds and shareholder-friendly cost structures cited), which may attract momentum buyers. Benzinga rally piece
- Positive Sentiment: Zacks highlights FANG among names to watch as WTI moves above $75, indicating commodity-driven upside potential for upstream producers. Zacks oil price note
- Neutral Sentiment: A short-interest report in the feed appears unreliable (shows zero shares / NaN change), so there’s no clear evidence of a new short squeeze or mounting short pressure to impact the stock today.
- Negative Sentiment: Benchmark Co. downgraded Diamondback from “buy” to “hold,” removing one bullish endorsement and likely contributing to investor caution despite other positive notes. Benchmark downgrade
- Negative Sentiment: Coverage pieces (Barron’s) note that some energy names are being downgraded even as oil rallies, a theme that can cap multiple-stock rallies and temper enthusiasm for big rerating moves. Barron’s sector downgrade piece
Diamondback Energy Company Profile
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.
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