Diamondback Energy (NASDAQ:FANG) CAO Teresa Dick Sells 5,000 Shares of Stock

Diamondback Energy, Inc. (NASDAQ:FANG) CAO Teresa Dick sold 5,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $207.00, for a total transaction of $1,035,000.00. Following the completion of the sale, the chief accounting officer directly owned 92,755 shares in the company, valued at approximately $19,200,285. The trade was a 5.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Diamondback Energy Stock Down 1.6%

Shares of NASDAQ FANG opened at $200.97 on Friday. The stock has a market cap of $56.54 billion, a PE ratio of 233.69 and a beta of 0.46. The business has a fifty day moving average of $193.68 and a two-hundred day moving average of $169.68. Diamondback Energy, Inc. has a 52-week low of $132.20 and a 52-week high of $214.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.55 and a current ratio of 0.56.

Diamondback Energy (NASDAQ:FANG) last issued its quarterly earnings data on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.74 by $0.49. The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.The business’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the business earned $4.54 earnings per share. As a group, equities research analysts expect that Diamondback Energy, Inc. will post 19.08 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th were issued a dividend of $1.10 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $4.40 annualized dividend and a yield of 2.2%. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.05. Diamondback Energy’s dividend payout ratio (DPR) is presently 511.63%.

Key Headlines Impacting Diamondback Energy

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Diamondback Energy to $18.24 from $16.89, suggesting stronger expected profitability next year. Oil Remains Above $100: Are Permian Stocks a Smart Bet Now?
• Positive Sentiment: Zacks also increased its Q4 2027 EPS estimate to $3.73 from $1.76, which may support a better longer-term earnings outlook. Diamondback Energy Announces Leadership Transition and Board Backing
• Neutral Sentiment: Analyst commentary and screening pieces continue to keep Diamondback in focus as a low-beta Permian energy name, but these articles do not add new fundamental information. 4 Low-Beta Stocks for a Steadier Portfolio: LQDA, XOM, VLO & FANG
• Neutral Sentiment: Broader oil-market coverage remains supportive for Permian producers, with WTI staying elevated and keeping Diamondback in the conversation. Oil Remains Above $100: Are Permian Stocks a Smart Bet Now?
• Negative Sentiment: Diamondback CAO Teresa L. Dick sold 5,000 shares at $207 each, a disclosure that can weigh on sentiment because insider selling may be interpreted as cautious insider behavior. SEC Form 4 Filing
• Negative Sentiment: Zacks trimmed several near-term estimates, including Q1 2028, Q2 2027 and Q3 2027 EPS forecasts, signaling some moderation in expectations despite the firm keeping a Strong-Buy rating. Brokers Suggest Investing in Diamondback (FANG): Read This Before Placing a Bet

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Piper Sandler upped their target price on shares of Diamondback Energy from $215.00 to $248.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Citigroup increased their target price on Diamondback Energy from $225.00 to $245.00 and gave the stock a “buy” rating in a report on Wednesday. Benchmark cut Diamondback Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 5th. Wall Street Zen upgraded Diamondback Energy from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, UBS Group boosted their price objective on shares of Diamondback Energy from $240.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Five investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $219.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. BankChampaign National Association bought a new position in Diamondback Energy in the first quarter valued at approximately $413,000. Western Wealth Management LLC bought a new stake in shares of Diamondback Energy in the 1st quarter valued at about $970,000. Bank of America Corp DE raised its holdings in shares of Diamondback Energy by 4.5% in the 1st quarter. Bank of America Corp DE now owns 1,368,069 shares of the oil and natural gas company’s stock valued at $270,590,000 after purchasing an additional 59,023 shares during the period. Financial Insights Inc. bought a new stake in shares of Diamondback Energy in the 1st quarter valued at about $206,000. Finally, Janus Henderson Group PLC raised its holdings in shares of Diamondback Energy by 1.6% in the 1st quarter. Janus Henderson Group PLC now owns 72,967 shares of the oil and natural gas company’s stock valued at $14,430,000 after purchasing an additional 1,165 shares during the period. 90.01% of the stock is currently owned by institutional investors.

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.