Diamondback Energy, Inc. (FANG)

In the past six months, Diamondback Energy's stock has been influenced by several events, including quarterly earnings data release on August 4th, reporting $2.67 EPS, which slightly missed analysts' consensus estimates of $2.72. Revenue for the quarter surged by 48.1% year-over-year to $3.68 billion, exceeding the consensus estimate of $3.35 billion. Diamondback Energy also declared a quarterly dividend of $1.00 per share, paid on August 21st, with an ex-dividend date of August 14th. Chairman Travis D. Stice sold 20,400 shares of the company's stock on August 7th for a total value of $2,913,120.00. In October 2025, Diamondback Energy's stock saw significant gains following new U.S. sanctions announced by President Donald Trump against Russia's two largest oil producers, which caused crude oil prices to rise. The company also upgraded its production guidance for Q3 and full-year 2025.

Demand for Diamondback Energy's products is subject to seasonality. Natural gas demand peaks during extreme temperatures in summer and winter. Gasoline demand increases during the "driving season" from Memorial Day to Labor Day. Heating oil demand surges in winter. Butane is primarily blended into gasoline in the winter, and propane demand increases in September/October and throughout winter.

Diamondback Energy, Inc. is an independent oil and natural gas company focused on hydrocarbon exploration and production in the Permian Basin. The company develops unconventional, onshore oil and natural gas reserves. Its major products include petroleum, natural gas, and natural gas liquids. As of December 31, 2024, the company reported estimated proved reserves of 3,557 million barrels of oil equivalent. Diamondback Energy has grown through organic growth and strategic acquisitions, including Endeavor Energy in 2024 and Double Eagle in 2025.

Diamondback Energy's operations are exclusively located in the Permian Basin, focusing on the Spraberry and Wolfcamp formations of the Midland Basin and the Wolfcamp and Bone Spring formations of the Delaware Basin.

In January 2024, Diamondback Energy, along with seven other U.S. oil and gas producers, was accused in a class-action lawsuit of an illegal price-fixing scheme to constrain shale oil production, allegedly leading to higher gasoline prices for U.S. drivers.

As of recent reports, 1,277 institutions hold shares in Diamondback Energy, totaling 167 million shares with a reported value of $23.1 billion. Institutional investors own 90.01% of the stock, while corporate insiders own 0.70%. Peterson Wealth Services raised its stake by 11.9% in the second quarter of 2025.