Diamondback Energy, Inc.
FANG · Price history
Price at last available close
$204.48
+$19.25 (+10.39%) 1M
2026-10-27
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Company & revenue
About Diamondback Energy, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian.
How they make money
Diamondback Energy is an independent oil and natural gas company that focuses on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The company generates revenue primarily through the production and sale of crude oil, natural gas, and natural gas liquids to various purchasers in the energy market.
Products & services
Crude oil, natural gas, and natural gas liquids production and sales.
Brands & revenue mix
A publicly traded subsidiary that owns mineral interests primarily in the Permian Basin.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
- Crude oil, natural gas, and natural gas liquids purchasersSource
Customer concentration
The company sells its production to various purchasers and does not disclose specific customer concentration figures in its 2025 10-K.
Suppliers, materials & equipment
- Oilfield service providers — Various third-party contractors providing drilling, completion, and production services; specific company names are unnamed.Source
Competitors
- ConocoPhillips — Independent exploration and production company with significant operations in the Permian Basin.Source
- Exxon Mobil Corporation — Integrated energy company with extensive upstream operations in the Permian Basin.Source
- Chevron Corporation — Integrated energy company with significant unconventional assets in the Permian Basin.Source
Strengths
Sources
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
42
Weak
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
54
Fair
Financial Strength
43
Business Quality / Moat
53
Management
54
Growth Quality
56
Risk / Durability
89
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
55
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
61/100
Building Historical Record
Model Score 61/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently moderate.
- •Asset quality scores strongly
- •Recent buyback activity is present
- •Material dilution — approximately 35.4% share-count growth
- •M&A headline · Sep 18, 2026
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for FANG
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can FANG maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is FANG's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Is FANG's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What future growth or profitability would be needed to justify FANG's current valuation?
Essential Investment Snapshot
Wall Street Score
42
Opportunity Score
55
Market Cap
$57.26B
P/E Ratio
35.9
EPS
$5.12
52-Week High
$216.90
52-Week Low
$137.03
Beta
0.41
Intrinsic Value
$197.12
Analyst Target
$237.00
Shares Outstanding
289.1M
Total Revenue
$17.10B
Total Debt
$12.61B
Dividend Yield (TTM)
2.08%
Liquidation Value / Share
$152.16
Dividend / Share (TTM)
$4.25
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Building upward momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for FANG
Detected from reported data — verify before acting.Material dilution — approximately 35.4% share-count growth
Diluted shares outstanding grew ~35.4% year-over-year. Substantial dilution reduces per-share value and can signal financing stress. Wall Street Score is capped.
Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
M&A headline · Sep 18, 2026
First Look: Buffett Steps Down, Fed Hikes, Paramount-WBD Merger — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
GuruFocusCommunity Sentiment
0 active · 0 total callsNo personal call yet on FANG.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +High-quality, low-cost asset base in the Permian Basin.
- +Operational efficiency and technical expertise in horizontal drilling.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Oil & Gas Exploration & Production industry.
- −Volatility in commodity prices for oil and natural gas.
- −Operational risks including environmental and regulatory compliance.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
42
Sep 24, 2026
Change
+0.4
points
Current Score
42
Oct 1, 2026
Category Changes
FANG increased 0.4 points because overall fundamentals improved.
Projected Score
Projected Score
50
Projected Change
+8.0 points
Preliminary comparable-period financial changes suggest improvement of approximately 8.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Near Fair ValueCurrent Price
$204.48
Model Intrinsic Value
$197.12
Difference
+$7.36
+3.7% vs IV
Margin of Safety
-3.7%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.10B | $15.03B | $11.02B | $8.34B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $9.50B | $9.74B | $6.05B | $3.54B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $7.60B | $5.28B | $4.97B | $4.80B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $299.0M | $288.0M | $213.0M | $150.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $2.87B | $365.0M | $576.0M | $228.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $7.13B | $7.16B | $7.64B | $6.17B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $4.73B | $4.92B | $4.40B | $4.57B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $267.0M | $244.0M | $291.0M | $175.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $1.85B | $1.87B | $4.50B | $4.25B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $332.0M | $327.0M | $800.0M | $912.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $1.59B | $1.66B | $3.34B | $3.14B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $5.12 | $5.73 | $15.53 | $17.34 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 281M | 289M | 214M | 180M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 281M | 289M | 214M | 180M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$5.56B
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$6.65
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-16.6%
Cash Change
+111.0%
Margin Change
+14.7 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Cash position grew
- Debt reduced
Potential Score Impact
Positive indicators included revenue growth, EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 52.3%. EPS increased 179.4%. Cash increased 111.0%. Total debt declined 16.6%. Net income margin improved by 14.7 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
49
Smart Money
49
Number of Gurus
3
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Oil & Gas Exploration & ProductionNews
Diamondback Energy (FANG) Reports Next Week: Wall Street Expects Earnings Growth
Here's Why Diamondback Energy (FANG) is a Strong Growth Stock
Stock of the Day: Where is the Top for Diamondback Energy?
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
Rumor Mill · FANG
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
Related Stock Research
Continue researching this company with related Wall Street Score rankings and investing guides.
Score Alerts
Premium unlocks alerts when a score rises, falls, or reaches your target price.
Start 7-Day Free TrialPortfolio Score
Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.
Start 7-Day Free Trial