Q1 EPS Estimates for FANG Raised by Capital One Financial

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Equities research analysts at Capital One Financial increased their Q1 2025 earnings estimates for Diamondback Energy in a research note issued on Tuesday, January 14th. Capital One Financial analyst B. Velie now forecasts that the oil and natural gas company will post earnings per share of $3.66 for the quarter, up from their previous estimate of $3.62. The consensus estimate for Diamondback Energy's current full-year earnings is $16.08 per share. Capital One Financial also issued estimates for Diamondback Energy's Q2 2025 earnings at $3.70 EPS, Q3 2025 earnings at $3.77 EPS, Q4 2025 earnings at $3.86 EPS, FY2025 earnings at $14.99 EPS and FY2026 earnings at $13.76 EPS.

Several other research analysts also recently commented on the stock. Susquehanna decreased their target price on shares of Diamondback Energy from $237.00 to $233.00 and set a "positive" rating on the stock in a research note on Friday, October 18th. UBS Group cut their price target on shares of Diamondback Energy from $235.00 to $212.00 and set a "buy" rating on the stock in a report on Monday, December 9th. Truist Financial upped their price objective on shares of Diamondback Energy from $230.00 to $236.00 and gave the company a "buy" rating in a research note on Monday. Benchmark reissued a "buy" rating and issued a $195.00 target price on shares of Diamondback Energy in a research note on Tuesday, October 29th. Finally, Evercore ISI lowered their price target on Diamondback Energy from $235.00 to $209.00 and set an "outperform" rating for the company in a research report on Monday, September 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $210.08.

Diamondback Energy Trading Down 0.2 %

Diamondback Energy stock traded down $0.44 during trading hours on Thursday, reaching $179.12. The company had a trading volume of 1,377,749 shares, compared to its average volume of 2,026,615. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.45 and a quick ratio of 0.42. Diamondback Energy has a 12-month low of $147.93 and a 12-month high of $214.50. The company has a 50-day moving average price of $170.68 and a 200 day moving average price of $183.43. The firm has a market cap of $52.30 billion, a price-to-earnings ratio of 10.25, a P/E/G ratio of 1.33 and a beta of 1.88.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The oil and natural gas company reported $3.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.62 by ($1.24). The business had revenue of $2.65 billion for the quarter, compared to analysts' expectations of $2.43 billion. Diamondback Energy had a net margin of 33.64% and a return on equity of 13.68%. The business's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.49 earnings per share.

Diamondback Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date was Thursday, November 14th. Diamondback Energy's dividend payout ratio is 20.61%.

Insider Activity

In other news, Director Mark Lawrence Plaumann sold 1,150 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $181.00, for a total value of $208,150.00. Following the sale, the director now directly owns 4,712 shares of the company's stock, valued at approximately $852,872. This represents a 19.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.48% of the company's stock.

Hedge Funds Weigh In On Diamondback Energy

A number of hedge funds have recently bought and sold shares of the company. Carolinas Wealth Consulting LLC raised its holdings in Diamondback Energy by 67.1% in the second quarter. Carolinas Wealth Consulting LLC now owns 137 shares of the oil and natural gas company's stock worth $27,000 after buying an additional 55 shares during the last quarter. UMB Bank n.a. increased its position in shares of Diamondback Energy by 247.3% during the fourth quarter. UMB Bank n.a. now owns 191 shares of the oil and natural gas company's stock valued at $31,000 after acquiring an additional 136 shares in the last quarter. Values First Advisors Inc. purchased a new position in Diamondback Energy in the 3rd quarter worth approximately $42,000. CVA Family Office LLC lifted its position in Diamondback Energy by 28.1% in the 3rd quarter. CVA Family Office LLC now owns 296 shares of the oil and natural gas company's stock valued at $51,000 after acquiring an additional 65 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group boosted its stake in Diamondback Energy by 109.7% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 260 shares of the oil and natural gas company's stock valued at $52,000 after purchasing an additional 136 shares during the last quarter. Institutional investors own 90.01% of the company's stock.

About Diamondback Energy

Diamondback Energy, Inc, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico.