Roth Capital Expects Weaker Earnings for Diamondback Energy

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Equities research analysts at Roth Capital reduced their Q1 2025 earnings per share (EPS) estimates for shares of Diamondback Energy in a research report issued on Tuesday, February 25th. Roth Capital analyst L. Mariani now forecasts that the oil and natural gas company will post earnings of $3.40 per share for the quarter, down from their previous forecast of $3.79. The consensus estimate for Diamondback Energy's current full-year earnings is $15.49 per share. Roth Capital also issued estimates for Diamondback Energy's Q2 2025 earnings at $3.19 EPS, Q3 2025 earnings at $3.45 EPS, Q4 2025 earnings at $3.84 EPS, FY2025 earnings at $13.88 EPS and FY2026 earnings at $14.54 EPS.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The oil and natural gas company reported $3.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.57 by $0.07. Diamondback Energy had a return on equity of 13.68% and a net margin of 33.64%. The company had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.55 billion.

A number of other research analysts also recently weighed in on FANG. Wells Fargo & Company upped their price objective on shares of Diamondback Energy from $218.00 to $219.00 and gave the stock an "overweight" rating in a research report on Tuesday, December 17th. Wolfe Research raised Diamondback Energy from a "peer perform" rating to an "outperform" rating and set a $190.00 price target for the company in a report on Friday, January 3rd. Piper Sandler reduced their target price on Diamondback Energy from $252.00 to $232.00 and set an "overweight" rating for the company in a research note on Tuesday, December 17th. Morgan Stanley upped their target price on Diamondback Energy from $220.00 to $227.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 19th. Finally, StockNews.com upgraded shares of Diamondback Energy from a "sell" rating to a "hold" rating in a research report on Wednesday, November 13th. Four equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $216.09.

Diamondback Energy Stock Performance

Shares of FANG traded up $3.37 during trading hours on Thursday, hitting $158.96. The stock had a trading volume of 3,360,245 shares, compared to its average volume of 2,291,735. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.42 and a current ratio of 0.45. The firm has a 50-day moving average price of $165.42 and a 200 day moving average price of $175.19. Diamondback Energy has a fifty-two week low of $151.00 and a fifty-two week high of $214.50. The firm has a market capitalization of $46.41 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 1.24 and a beta of 1.86.

Institutional Investors Weigh In On Diamondback Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Park Square Financial Group LLC acquired a new stake in shares of Diamondback Energy during the fourth quarter valued at about $129,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Diamondback Energy during the fourth quarter valued at about $14,682,000. Jefferies Financial Group Inc. increased its holdings in Diamondback Energy by 412.1% in the 4th quarter. Jefferies Financial Group Inc. now owns 7,799 shares of the oil and natural gas company's stock valued at $1,278,000 after purchasing an additional 6,276 shares during the last quarter. Carolinas Wealth Consulting LLC increased its holdings in Diamondback Energy by 458.1% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 893 shares of the oil and natural gas company's stock valued at $146,000 after purchasing an additional 733 shares during the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in Diamondback Energy in the 4th quarter valued at approximately $847,000. Institutional investors and hedge funds own 90.01% of the company's stock.

Diamondback Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, March 6th will be issued a dividend of $1.00 per share. The ex-dividend date is Thursday, March 6th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.52%. This is an increase from Diamondback Energy's previous quarterly dividend of $0.90. Diamondback Energy's dividend payout ratio (DPR) is currently 25.32%.

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.