Diamondback Energy (NASDAQ:FANG) CFO Sells $136,852.50 in Stock

Diamondback Energy, Inc. (NASDAQ:FANG) CFO Jere Thompson III sold 750 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $182.47, for a total value of $136,852.50. Following the sale, the chief financial officer owned 19,975 shares in the company, valued at approximately $3,644,838.25. This represents a 3.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Diamondback Energy Stock Performance

Shares of Diamondback Energy stock traded up $4.89 during trading on Tuesday, hitting $187.22. 2,623,543 shares of the company’s stock traded hands, compared to its average volume of 2,773,978. Diamondback Energy, Inc. has a 1 year low of $114.00 and a 1 year high of $188.73. The business has a 50-day simple moving average of $164.84 and a 200-day simple moving average of $152.75. The stock has a market capitalization of $52.66 billion, a P/E ratio of 33.37 and a beta of 0.59. 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 (NASDAQ:FANG) last issued its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.Diamondback Energy’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same period last year, the firm posted $3.67 EPS. As a group, analysts forecast that Diamondback Energy, Inc. will post 15.49 EPS for the current year.

Diamondback Energy Increases Dividend

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Wall Street Zen downgraded Diamondback Energy from a “hold” rating to a “sell” rating in a research report on Saturday, December 27th. The Goldman Sachs Group raised their price objective on Diamondback Energy from $187.00 to $212.00 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Benchmark downgraded Diamondback Energy from a “buy” rating to a “hold” rating in a research note on Thursday, March 5th. Sanford C. Bernstein reduced their target price on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Finally, Freedom Capital upgraded shares of Diamondback Energy to a “strong-buy” rating in a research note on Tuesday, March 10th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $195.43.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Deseret Mutual Benefit Administrators lifted its holdings in shares of Diamondback Energy by 31.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 274 shares of the oil and natural gas company’s stock worth $41,000 after buying an additional 66 shares in the last quarter. Scotia Capital Inc. lifted its stake in Diamondback Energy by 0.3% in the 3rd quarter. Scotia Capital Inc. now owns 19,719 shares of the oil and natural gas company’s stock worth $2,822,000 after purchasing an additional 68 shares in the last quarter. Equitable Trust Co. lifted its stake in Diamondback Energy by 0.7% in the 3rd quarter. Equitable Trust Co. now owns 10,030 shares of the oil and natural gas company’s stock worth $1,435,000 after purchasing an additional 73 shares in the last quarter. Valeo Financial Advisors LLC boosted its holdings in shares of Diamondback Energy by 3.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 2,568 shares of the oil and natural gas company’s stock valued at $367,000 after purchasing an additional 74 shares during the last quarter. Finally, Townsend & Associates Inc boosted its holdings in shares of Diamondback Energy by 0.5% during the 4th quarter. Townsend & Associates Inc now owns 14,330 shares of the oil and natural gas company’s stock valued at $2,161,000 after purchasing an additional 75 shares during the last quarter. 90.01% of the stock is currently owned by institutional investors.

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.