Marble Wealth LLC Buys Shares of 4,861 Diamondback Energy, Inc. $FANG

Marble Wealth LLC bought a new position in Diamondback Energy, Inc. (NASDAQ:FANG) in the 4th quarter, HoldingsChannel reports. The fund bought 4,861 shares of the oil and natural gas company’s stock, valued at approximately $731,000.

Other large investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new stake in shares of Diamondback Energy during the fourth quarter valued at approximately $25,000. Laurel Wealth Advisors LLC bought a new position in Diamondback Energy in the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. increased its position in Diamondback Energy by 245.1% in the 4th quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock valued at $26,000 after acquiring an additional 125 shares during the period. JPL Wealth Management LLC bought a new stake in Diamondback Energy during the 3rd quarter valued at $26,000. Finally, Wellington Shields & Co. LLC raised its stake in Diamondback Energy by 264.7% during the 4th quarter. Wellington Shields & Co. LLC now owns 186 shares of the oil and natural gas company’s stock valued at $28,000 after acquiring an additional 135 shares in the last quarter. Institutional investors and hedge funds own 90.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. KeyCorp increased their price target on Diamondback Energy from $196.00 to $225.00 and gave the stock an “overweight” rating in a research note on Thursday, April 2nd. Piper Sandler lifted their price objective 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. Scotiabank upped their price objective on shares of Diamondback Energy from $175.00 to $195.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. Wall Street Zen upgraded shares of Diamondback Energy from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Wells Fargo & Company raised their target price on shares of Diamondback Energy from $202.00 to $262.00 and gave the company an “overweight” rating in a research note on Monday, April 20th. Four research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $223.26.

Insider Activity at Diamondback Energy

In related news, Chairman Travis D. Stice sold 63,957 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $181.16, for a total value of $11,586,450.12. Following the sale, the chairman directly owned 305,314 shares in the company, valued at $55,310,684.24. The trade was a 17.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Teresa L. Dick sold 7,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $200.90, for a total transaction of $1,406,300.00. Following the sale, the chief accounting officer directly owned 85,755 shares of the company’s stock, valued at approximately $17,228,179.50. This represents a 7.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 186,321 shares of company stock worth $34,499,475. Company insiders own 0.64% of the company’s stock.

Diamondback Energy News Summary

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

• Positive Sentiment: Zacks Research raised Diamondback’s earnings estimates for several future periods, including Q1 2027, Q2 2027, Q3 2027, and FY2028, suggesting a better profit outlook for the oil producer.
• Positive Sentiment: Diamondback is also benefiting from broader optimism around oil prices, including commentary from Exxon that points to potentially very strong Permian Basin economics if crude remains elevated.
• Positive Sentiment: Recent analyst coverage remains constructive overall, with the stock carrying a “Moderate Buy” consensus and several firms maintaining bullish targets.
• Neutral Sentiment: Jim Cramer highlighted Diamondback as a name on his radar among oil stocks, which may increase visibility but does not change fundamentals by itself. Diamondback Energy (FANG) Is On Jim Cramer’s Radar When It Comes To Oil Stocks
• Neutral Sentiment: Multiple insider sales by executives, including EVP Matt Zmigrosky and CAO Teresa L. Dick, may weigh on sentiment slightly, though these sales appear to be relatively routine after the stock’s strong run. SEC filing for Matt Zmigrosky sale SEC filing for Teresa L. Dick sale
• Negative Sentiment: One article notes Diamondback is still down modestly since its last earnings report, reflecting some investor caution despite the company’s solid quarterly beat.

Diamondback Energy Stock Up 4.0%

FANG opened at $210.59 on Thursday. Diamondback Energy, Inc. has a one year low of $134.30 and a one year 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. The stock’s fifty day moving average is $196.02 and its 200-day moving average is $173.21. The company has a market capitalization of $59.24 billion, a PE ratio of 244.87 and a beta of 0.42.

Diamondback Energy (NASDAQ:FANG) last announced its earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, beating the consensus estimate of $3.74 by $0.49. The business 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 company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $4.54 earnings per share. On average, equities analysts predict that Diamondback Energy, Inc. will post 19.54 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, May 14th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.05. Diamondback Energy’s dividend payout ratio is currently 511.63%.

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.