Diamondback Energy, Inc. $FANG Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its holdings in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 1,127.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,907 shares of the oil and natural gas company’s stock after acquiring an additional 24,715 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Diamondback Energy were worth $4,045,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FANG. Smead Capital Management Inc. acquired a new position in shares of Diamondback Energy during the 2nd quarter valued at $144,775,000. Capital Research Global Investors lifted its holdings in shares of Diamondback Energy by 38.0% during the 3rd quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company’s stock valued at $543,610,000 after acquiring an additional 1,046,398 shares in the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of Diamondback Energy by 2,637.8% during the 3rd quarter. Balyasny Asset Management L.P. now owns 456,686 shares of the oil and natural gas company’s stock valued at $65,352,000 after acquiring an additional 440,005 shares in the last quarter. Two Sigma Investments LP lifted its holdings in shares of Diamondback Energy by 1,127.8% during the 3rd quarter. Two Sigma Investments LP now owns 369,568 shares of the oil and natural gas company’s stock valued at $52,885,000 after acquiring an additional 339,468 shares in the last quarter. Finally, Ninepoint Partners LP acquired a new position in shares of Diamondback Energy during the 3rd quarter valued at $45,076,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy Price Performance

FANG opened at $207.65 on Monday. The company has a 50-day moving average of $187.42 and a 200-day moving average of $164.43. The company has a market capitalization of $58.41 billion, a P/E ratio of 37.01 and a beta of 0.46. Diamondback Energy, Inc. has a 1-year low of $127.75 and a 1-year high of $207.77. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42.

Diamondback Energy (NASDAQ:FANG) last released its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.26). The company had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.41 billion. Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.Diamondback Energy’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same period in the previous year, the firm posted $3.67 EPS. Equities analysts expect that Diamondback Energy, Inc. will post 18.84 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Thursday, March 5th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s payout ratio is presently 74.87%.

Insider Buying and Selling

In other news, EVP Matt Zmigrosky sold 4,101 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $190.51, for a total value of $781,281.51. Following the completion of the sale, the executive vice president owned 56,392 shares of the company’s stock, valued at approximately $10,743,239.92. The trade was a 6.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Teresa L. Dick sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $190.00, for a total transaction of $950,000.00. Following the completion of the sale, the chief accounting officer directly owned 107,755 shares of the company’s stock, valued at $20,473,450. The trade was a 4.43% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,217,069 shares of company stock worth $201,213,109. 0.64% of the stock is currently owned by insiders.

Trending Headlines about Diamondback Energy

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

• Positive Sentiment: UAE exits OPEC, weakening cartel coordination and boosting crude prices; higher oil improves revenue and cash-flow outlook for low-cost Permian producers like Diamondback. The UAE’s OPEC Exit Changes the Oil Trade — Here’s the Stock to Buy Now
• Positive Sentiment: Market commentary flags Diamondback as a near-term beneficiary of the OPEC shock given its low-cost Permian position, supporting upside if oil stays elevated above $100/bbl. Following UAE’s OPEC Exit Shock, Diamondback Energy Could Be the Smartest Bet Now
• Positive Sentiment: Zacks Research upgraded FANG to a “Strong-Buy” and added it to its Zacks Rank #1 list, citing model/estimate improvements that can draw investor interest and momentum buying. Zacks.com
• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate for Diamondback, indicating analyst bullishness on longer-term earnings power (FY2028 EPS revised to $14.43). Is Diamondback Stock Worth Buying Before Q1 Earnings Release?
• Neutral Sentiment: Multiple earnings previews (Zacks, Yahoo) highlight Q1 as a pivotal test for FANG — metrics beyond headline revenue/earnings (volume, hedges, unit costs) will drive the read-through. Investors are positioning ahead of the May 4 report. Gear Up for Diamondback (FANG) Q1 Earnings: Wall Street Estimates for Key Metrics
• Negative Sentiment: Consensus sees Q1 revenue down roughly 5–6% year-over-year; a miss or weaker commodity realization could pressure the stock despite hedges and higher volumes. This is a near-term execution risk around the upcoming report. Is Diamondback Stock Worth Buying Before Q1 Earnings Release?

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Benchmark lowered shares of Diamondback Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 5th. Roth Mkm restated a “neutral” rating and set a $200.00 target price (up from $180.00) on shares of Diamondback Energy in a report on Wednesday, April 8th. The Goldman Sachs Group lifted their target price on shares of Diamondback Energy from $187.00 to $212.00 and gave the company a “buy” rating in a report on Wednesday, March 11th. Jefferies Financial Group restated a “hold” rating and set a $173.00 target price on shares of Diamondback Energy in a report on Monday, January 19th. Finally, KeyCorp lifted their target price on shares of Diamondback Energy from $196.00 to $225.00 and gave the company an “overweight” rating in a report on Thursday, April 2nd. Five analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $208.05.

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.