Diamondback Energy (NASDAQ:FANG) VP Sells $731,600.00 in Stock

Diamondback Energy, Inc. (NASDAQ:FANG) VP Albert Barkmann sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $182.90, for a total value of $731,600.00. Following the completion of the sale, the vice president directly owned 27,571 shares of the company’s stock, valued at $5,042,735.90. This represents a 12.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Diamondback Energy Price Performance

Shares of NASDAQ FANG traded up $4.89 during trading on Tuesday, hitting $187.22. 2,623,543 shares of the company were exchanged, compared to its average volume of 2,773,978. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.42 and a quick ratio of 0.40. Diamondback Energy, Inc. has a 1 year low of $114.00 and a 1 year high of $188.73. The firm’s fifty day moving average price is $164.84 and its 200 day moving average price is $152.75. The company has a market cap of $52.66 billion, a price-to-earnings ratio of 33.37 and a beta of 0.59.

Diamondback Energy (NASDAQ:FANG) last posted 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). The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. Diamondback Energy’s revenue was down 9.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.67 earnings per share. On average, sell-side analysts expect that Diamondback Energy, Inc. will post 15.49 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were given a dividend of $1.05 per share. The ex-dividend date was Thursday, March 5th. This represents a $4.20 annualized dividend and a dividend yield of 2.2%. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s payout ratio is presently 74.87%.

Wall Street Analysts Forecast Growth

FANG has been the topic of several analyst reports. Wall Street Zen cut shares of Diamondback Energy from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Piper Sandler lifted their price objective on Diamondback Energy from $215.00 to $248.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. 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. UBS Group boosted their price target on Diamondback Energy from $194.00 to $216.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Finally, Wells Fargo & Company lifted their price objective on Diamondback Energy from $171.00 to $202.00 and gave the company an “overweight” rating in a research note on Monday. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Diamondback Energy presently has an average rating of “Buy” and an average target price of $195.43.

Institutional Trading of Diamondback Energy

Large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its holdings in Diamondback Energy by 13.6% in the second quarter. PNC Financial Services Group Inc. now owns 53,795 shares of the oil and natural gas company’s stock valued at $7,391,000 after purchasing an additional 6,420 shares during the last quarter. Police & Firemen s Retirement System of New Jersey grew its position in shares of Diamondback Energy by 4.9% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 28,748 shares of the oil and natural gas company’s stock valued at $3,950,000 after buying an additional 1,332 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Diamondback Energy by 5.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,262,507 shares of the oil and natural gas company’s stock worth $173,468,000 after acquiring an additional 60,035 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Diamondback Energy by 7.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 45,860 shares of the oil and natural gas company’s stock valued at $6,301,000 after acquiring an additional 3,125 shares during the period. Finally, Creative Planning grew its holdings in shares of Diamondback Energy by 9.2% during the second quarter. Creative Planning now owns 53,454 shares of the oil and natural gas company’s stock valued at $7,345,000 after purchasing an additional 4,489 shares during the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Key Diamondback Energy News

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

• Positive Sentiment: Raymond James raised its price target to $240 and set a “strong‑buy” rating, signaling substantial upside vs. recent levels; coverage was reported across financial sites. Diamondback Energy (FANG) PT Raised to $240 at Raymond James
• Positive Sentiment: Mizuho boosted its target to $220 and moved to “outperform,” adding another stamp of analyst confidence and supporting buying interest. Benzinga
• Positive Sentiment: Wells Fargo increased its target to $202 with an “overweight” call, and Barclays nudged its target to $190 with an “overweight” — a cluster of upgrades that reinforces momentum across broker coverage. Benzinga
• Positive Sentiment: Goldman Sachs published a note highlighting top energy picks and dividend/price upside amid recent Middle East developments; rising oil-price expectations are a tailwind for E&P names like Diamondback. Goldman Sachs Top Energy Picks Have Double-Digit Upside and Pay Big Dividends
• Neutral Sentiment: Bank of America commentary noted ConocoPhillips and EOG have outperformed on liquidity and oil leverage metrics — useful context for sector flows but not specific to FANG fundamentals. ConocoPhillips and EOG Have Outperformed on Relative Liquidity, Oil Leverage, BofA Says

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.