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Diamondback Energy, Inc. (FANG)

Energy | Oil & Gas E&P | Midland, United States | NasdaqGS
198.18 USD +3.07 (1.573%) ⇧ (Oct. 13, 2026, 4 p.m. EDT)
After hours: 198.03 -0.15 (-0.150%) ⇩ (Oct. 13, 2026, 7:59 p.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 7:37 a.m. EDT

Diamondback Energy is trading at a valuation disconnect where the forward P/E of 10x contrasts sharply with the trailing P/E of 36x, signaling a re-rating driven by 52% revenue growth and nearly 180% earnings expansion. Despite the heavy leverage and a current ratio below 1.0, the free cash flow generation supports the dividend and debt service. Technically, the stock is hovering above its 200-day average, suggesting medium-term support, though it is currently testing the 50-day resistance. Options flow confirms speculative interest in a higher price path. This setup offers a high-conviction entry for the earnings cycle, but investors should monitor liquidity constraints closely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.034278
AutoETS0.035323
AutoARIMA0.035323
AutoTheta0.062668

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 48%
H-stat 1.43
Ljung-Box p 0.000
Jarque-Bera p 0.399
Excess Kurtosis -0.12
Attribute Value
Sector Energy
Ex Dividend Date 2026-08-12
Last Dividend Date 2026-08-12
Debt to Equity Ratio 28.678
Revenue per Share 57.084
Market Cap 55,750,668,288
Trailing P/E 37.75
Forward P/E 10.57
Beta 0.54
Profit Margins 9.03%
Website https://www.diamondbackenergy.com

As of Oct. 10, 2026, 7:37 a.m. EDT: Speculators are positioning for upside with significant call open interest at the 240 strike for January 2027, indicating a bullish thesis on continued earnings expansion. Put activity shows elevated implied volatility at deep strikes, suggesting hedging against downside volatility rather than pure bearish bets. The overall options flow leans bullish on the longer horizon.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.55% 2.38% 3.69% 4.29%
Dividend History
Date Dividend Yield %
2026-08-13 1.100 0.551351
2026-05-14 1.100 0.549286
2026-03-05 1.050 0.586461
2025-11-13 1.000 0.692617
2025-08-14 1.000 0.710379
2025-05-15 1.000 0.704473
2025-03-06 1.000 0.714796
2024-11-14 0.900 0.493367
2024-08-15 2.340 1.190355
2024-05-14 1.970 0.994698
2024-03-04 3.080 1.721728
2023-11-15 3.370 2.163168
2023-08-09 0.840 0.558399
2023-05-10 0.830 0.636064
2023-03-02 2.950 2.046337
2022-11-16 2.260 1.421562
2022-08-15 3.050 2.384116
2022-05-11 3.050 2.434741
2022-03-03 0.600 0.447361
2021-11-09 0.500 0.442517
2021-08-11 0.450 0.569548
2021-05-12 0.400 0.503271
2021-03-03 0.400 0.537345
2020-11-10 0.375 1.111770
2020-08-12 0.375 0.841373
2020-05-13 0.375 0.992326
2020-03-02 0.375 0.603476
2019-11-14 0.188 0.246428
2019-08-15 0.188 0.196222
2019-05-24 0.188 0.180578
2019-02-20 0.125 0.117426
2018-11-16 0.125 0.109352
2018-08-17 0.125 0.104011
2018-05-18 0.125 0.092882
Additional Data
dividendYield 2.22
exDividendDate 2026-08-13
trailingAnnualDividendRate 4.25
trailingAnnualDividendYield 0.021782584
lastDividendValue 1.1
lastDividendDate 2026-08-13
dividendDate 2026-08-20

Info Dump

Attribute Value
52 Week Change 0.37459493
Address1 Fasken Center
Address2 Suite 100 500 West Texas Ave.
All Time High 216.9
All Time Low 14.55
Ask 208.22
Ask Size 1
Audit Risk 3
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 2,163,520
Average Daily Volume3 Month 2,351,501
Average Volume 2,351,501
Average Volume10Days 2,163,520
Beta 0.537
Bid 187.89
Bid Size 1
Board Risk 7
Book Value 135.083
City Midland
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 198.18
Current Ratio 0.467
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 198.65
Day Low 195.25
Debt To Equity 28.678
Display Name Diamondback Energy
Dividend Date 1,787,184,000
Dividend Yield 2.22
Earnings Call Timestamp End 1,793,736,000
Earnings Call Timestamp Start 1,793,736,000
Earnings Growth 1.795
Earnings Quarterly Growth 1.692
Earnings Timestamp 1,793,649,600
Earnings Timestamp End 1,793,649,600
Earnings Timestamp Start 1,793,649,600
Ebitda 11,779,999,744
Ebitda Margins 0.72501
Enterprise To Ebitda 6.259
Enterprise To Revenue 4.538
Enterprise Value 73,732,227,072
Eps Current Year 21.20202
Eps Forward 18.74769
Eps Trailing Twelve Months 5.25
Esg Populated 0
Ex Dividend Date 1,786,579,200
Exchange NMS
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 196.4352
Fifty Day Average Change 1.7447968
Fifty Day Average Change Percent 0.008882302
Fifty Two Week Change Percent 37.45949
Fifty Two Week High 216.9
Fifty Two Week High Change -18.720001
Fifty Two Week High Change Percent -0.08630706
Fifty Two Week Low 137.03
Fifty Two Week Low Change 61.149994
Fifty Two Week Low Change Percent 0.4462526
Fifty Two Week Range 137.03 - 216.9
Financial Currency USD
First Trade Date Milliseconds 1,350,048,600,000
Five Year Avg Dividend Yield 3.21
Float Shares 213,358,955
Forward Eps 18.74769
Forward P E 10.570902
Free Cashflow 5,035,500,032
Full Exchange Name NasdaqGS
Full Time Employees 1,762
Fullday Change 2.9199982
Fullday Change Percent 1.4965907
Fullday Price 198.18
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.72353995
Gross Profits 11,756,000,256
Has Pre Post Market Data 1
Held Percent Insiders 0.23877001
Held Percent Institutions 0.73398
Implied Shares Outstanding 281,313,297
Industry Oil & Gas E&P
Industry Disp Oil & Gas E&P
Industry Key oil-gas-e-p
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,786,579,200
Last Dividend Value 1.1
Last Fiscal Year End 1,767,139,200
Long Business Summary Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Long Name Diamondback Energy, Inc.
Market us_market
Market Cap 55,750,668,288
Market State PREPRE
Max Age 86,400
Message Board Id finmb_170245760
Most Recent Quarter 1,782,777,600
Net Income To Common 1,458,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 51,985,674,384
Number Of Analyst Opinions 29
Open 196.33
Operating Cashflow 10,142,999,552
Operating Margins 0.48466998
Overall Risk 5
Payout Ratio 0.79050004
Peg Ratio 21.62
Phone 432 221 7400
Post Market Change -0.1499939
Post Market Change Percent -0.07568569
Post Market Price 198.03
Post Market Time 1,791,935,988
Previous Close 195.11
Price Eps Current Year 9.347222
Price Hint 2
Price To Book 1.467098
Price To Sales Trailing12 Months 3.4312325
Profit Margins 0.09029
Quick Ratio 0.421
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.48387
Region US
Regular Market Change 3.06999
Regular Market Change Percent 1.57347
Regular Market Day High 198.65
Regular Market Day Low 195.25
Regular Market Day Range 195.25 - 198.65
Regular Market Open 196.33
Regular Market Previous Close 195.11
Regular Market Price 198.18
Regular Market Time 1,791,921,601
Regular Market Volume 2,752,760
Return On Assets 0.01308
Return On Equity 0.034930002
Revenue Growth 0.525
Revenue Per Share 57.084
Sand P52 Week Change 0.17502642
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 7
Shares Outstanding 281,313,297
Shares Percent Shares Out 0.026099999
Shares Short 7,295,434
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 8,207,836
Short Name Diamondback Energy, Inc.
Short Percent Of Float 0.0376
Short Ratio 2.27
Source Interval 15
State TX
Symbol FANG
Target High Price 287.0
Target Low Price 211.0
Target Mean Price 235.13792
Target Median Price 233.0
Total Cash 462,000,000
Total Cash Per Share 1.65
Total Debt 12,613,999,616
Total Revenue 16,248,000,512
Tradeable 0
Trailing Annual Dividend Rate 4.25
Trailing Annual Dividend Yield 0.021782584
Trailing Eps 5.25
Trailing P E 37.74857
Trailing Peg Ratio 22.2883
Triggerable 1
Two Hundred Day Average 185.81665
Two Hundred Day Average Change 12.363342
Two Hundred Day Average Change Percent 0.06653517
Type Disp Equity
Volume 2,752,760
Website https://www.diamondbackenergy.com
Zip 79,701