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Diamondback Energy (FANG) has an average rating of overweight and mean price target of $232.80, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Diamondback Energy (FANG) said on Wednesday that Travis Stice stepped down as executive chairman and became non-executive chairman effective May 20, as part of a leadership transition plan previously announced by the company.
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $231.97, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $231.97, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Teresa L. Dick, Executive Vice President, Chief Accounting Officer, and Assistant Secretary, on May 14, 2026, sold 5,000 shares in Diamondback Energy (FANG) for $1,000,000. Following the Form 4 filing with the SEC, Dick has control over a total of 97,755 common shares of the company, with 97,755 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1539838/000153983826000082/xslF345X05/wk-form4_1778788914.xml
Matt Zmigrosky, Executive Vice President, Chief Legal and Administrative Officer, on May 13, 2026, sold 5,000 shares in Diamondback Energy (FANG) for $1,000,501. Following the Form 4 filing with the SEC, Zmigrosky has control over a total of 51,392 common shares of the company, with 51,392 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1539838/000153983826000083/xslF345X05/wk-form4_1778788920.xml
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $229.53, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $228.84, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $228.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $196.03, Change: $+7.33, Percent Change: +3.88%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price of $219, raised $4, reflects a combination of relative valuation, DCF and NAV models. On a relative basis, we apply a 6.5x multiple of projected 2027 EBITDA, in line with FANG's historical forward average, yielding a value of $169 per share. Our DCF model, using free cash flow growth of 6.8% per year for 10 years, 2.0% thereafter, discounted at a WACC of 6.5%, yields intrinsic value of $263 per share. Finally, our NAV model yields a value of $224 per share. We raise our 2026 EPS estimate by $1.15 to $21.46 and 2027's by $4.14 to $14.70. We think WTI crude oil prices have the potential to spike higher in 2026, depending of course on how long the disruption persists in the Middle East, but anticipate relatively weaker pricing in 2027. While a recession is not our base case, we do consider risk of at least a slowdown as highly possible. Shares yield 2.3% and we estimate a 2026 payout ratio - even with the recent 4.8% dividend hike - at just 20%.
Diamondback Energy's (FANG) decision to pursue growth was not surprising, and there is appetite and capability for more if the elevated oil macro persists, RBC Capital Markets said Tuesday in a note.Management moved away from the "stop light" analogy and has the inventory duration and quality to support growth, the firm said. This is a value enhancing decision that increases the free cash flow profile over the next few years, the brokerage said.RBC models 988,000 barrels of oil equivalent per day, ahead of the new 2026 guidance of over 972,000 barrels of oil equivalent per day, while remaining in line with the $3.9 billion capital plan, according to the note.The new plan is more opportunistic to drive shareholder value and sidelines variable dividends, RBC said.The company will likely pay down about $1.3 billion of notes in early Q2, the firm said. Management's longer-term $10 billion net debt target has also been pulled forward and will likely be achieved in months. It may also target some of the pre-2030 bond maturities, the brokerage added.RBC maintained an outperform rating on Diamondback Energy with a price target of $240.Shares of Diamondback Energy were down 5.7% in Wednesday trading.Price: $194.55, Change: $-11.64, Percent Change: -5.64%
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $227.55, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $196.26, Change: $-9.93, Percent Change: -4.81%
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $227.55, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Energy stocks were rising late Tuesday afternoon, with the NYSE Energy Sector Index adding 0.6% and the State Street Energy Select Sector SPDR ETF (XLE) up 0.2%.The Philadelphia Oil Service Sector Index was decreasing 0.5%, and the Dow Jones US Utilities Index was up 0.1%.Crude oil futures slumped after Defense Secretary Pete Hegseth said the ceasefire agreement with Iran remains in force. Hegseth, speaking at a Tuesday morning press conference, said the Iran ceasefire remains in effect while promising to continue to press ahead with opening the Strait of Hormuz, the chokepoint for about a fifth of global crude oil flows.Front-month West Texas Intermediate crude oil declined 3.5% to $102.69 a barrel, and the global benchmark Brent crude contract dropped 3.8% to $110.11 a barrel. Henry Hub natural gas futures fell 3.5% to $2.77 per 1 million BTU.In corporate news, Shell (SHEL) and Ineos Energy have agreed to jointly invest in oil and gas exploration and development opportunities in the Gulf of Mexico, Ineos Energy said. Shell shares rose 0.5%.Diamondback Energy (FANG) said operators may add 20 to 30 oil rigs in the US Permian Basin this year as elevated crude prices and supply disruptions tied to the Middle East conflict support higher activity. Diamondback shares were down 3.2%.GE Vernova (GEV) and Blue Energy are planning to develop a 2.5 gigawatt power facility in Texas that will combine nuclear and natural gas, the companies said Tuesday. GE Vernova shares added 2%.Enlight Renewable Energy (ENLT) shares climbed 2.8% after it reported higher-than-expected Q1 earnings and revenue.
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $225.13, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $208.21, Change: $-5.48, Percent Change: -2.56%
Diamondback Energy (FANG) said operators may add 20 to 30 oil rigs in the US Permian Basin this year as elevated crude prices and supply disruptions tied to the Middle East conflict support higher activity."We still have triple-digit oil prices, and the market is still calling for oil to come to market," CEO Matthew Kaes Van't Hof said Tuesday on an earnings conference call. "This is a year where instead of pulling back activity, you keep the efficiencies going and production continuing to climb."Diamondback plans to stay within its original guidance, with its own activity increase of two to three rigs and a fifth completion crew.Van't Hof said Diamondback aims to stay on the low end of the US shale cost curve as signs of declining well quality emerge across parts of the basin.Price: $208.05, Change: $-5.65, Percent Change: -2.64%
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $225.13, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $207.64, Change: $-6.05, Percent Change: -2.83%
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $225.13, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Texas-based Viper Energy (VNOM) reported Monday average output of 130,711 barrels of oil equivalent per day in Q1, more than double from 57,378 boe/d during the same period a year ago.The company turned 655 total gross horizontal wells to production during the quarter, with an average lateral length of 11,583 feet, up from 260 gross wells last year.Of these, 541 wells were operated by third parties, with Viper receiving a relatively modest average royalty interest of 1.2%. Diamondback Energy (FANG) operated 114 wells, with an average royalty yield of 7.5%.For Q2 2026, the company guided total output in the range of 124,000 and 126,000 barrels of oil equivalent per day, and between 126,000 and 130,000 boe per day for the full year.
Diamondback Energy (FANG) average oil production for the three months to March 31 was 521,000 barrels per day or 979,400 barrels of oil equivalent per day, compared with 475,944 barrels in the same quarter of 2025 or 850,656 barrels of oil equivalent.The company increased its 2026 oil production guidance to upwards of 520,000 from a previous range of 500,000 to 510,000. On a barrels-of-oil-equivalent basis, it increased guidance to upwards of 972,000 from 926,000-962,000.Diamondback achieved an average of $73.47 per barrel of oil sold in the quarter, it said, up from $70.95 in the first three months of 2025, it said.The company said it is bringing incremental barrels of oil to the market immediately in order to capture currently higher prices in the context of conflict in the Middle East and the prolonged closure of the Strait of Hormuz, it said in a letter to shareholders.The company said in a letter to investors
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