Stock events for Diamondback Energy, Inc. (FANG)
Over the past six months, Diamondback Energy's stock experienced several notable events. In April 2025, the company acquired Double Eagle IV for $3 billion in cash and 6.9 million shares. The second quarter of 2025 saw the company report earnings per share (EPS) of $2.67, missing the forecast of $2.86, which led to a 4.42% drop in the stock price post-earnings, despite revenue beating expectations at $3.68 billion. Diamondback Energy announced a quarterly dividend of $1.00, which was paid on August 21, 2025, with an ex-dividend date of August 14, 2025. Insider activity included Chairman Travis D. Stice selling 20,400 shares on August 7, 2025. Analyst ratings saw some adjustments, with Piper Sandler dropping its price target from $228.00 to $222.00 on August 14, 2025, and Wall Street Zen downgrading the stock from "hold" to "sell" on August 9, 2025. Conversely, Morgan Stanley raised its price target from $184.00 to $186.00 on August 18, 2025. In September and October 2025, the company engaged in asset sales, including the acquisition of Environmental Disposal Systems by Deep Blue and the sale of Diamondback's equity interest in Epic Crude Holdings, LP. The company also announced the sale of non-core Delaware Basin properties, aiming for $1.5 billion in total asset sales. Overall, the stock has seen a slight rise of 0.85% in the last week but a 0.37% fall over the last month and an 18.91% decrease over the last year.
Demand Seasonality affecting Diamondback Energy, Inc.’s stock price
The demand for Diamondback Energy's products is generally subject to seasonality inherent in the broader energy market. The energy sector often experiences fluctuations based on factors such as heating demand in winter months and driving demand during summer. Tools are available to analyze the historical monthly performance and seasonal trends of FANG stock, indicating that recurring patterns in performance over specific months can be observed.
Overview of Diamondback Energy, Inc.’s business
Diamondback Energy, Inc. operates in the Energy sector, focusing on Oil & Gas Exploration and Production. The company extracts crude oil, natural gas, and natural gas liquids from shale formations, selling them to utility companies, industrial sectors, petrochemical plants, and refineries. As of 2024, Diamondback Energy reported net proven reserves of 3.6 billion barrels of oil equivalent, with an average net production of approximately 598,000 barrels per day, consisting of 56% oil, 23% natural gas liquids, and 21% natural gas.
FANG’s Geographic footprint
Diamondback Energy's operations are exclusively in the Permian Basin, specifically the Midland and Delaware Basins, located in West Texas and southeastern New Mexico. Its subsidiary, Viper Energy Partners, owns mineral interests in the Permian and Eagle Ford shales, while Rattler Midstream owns midstream infrastructure assets in the Permian.
FANG Corporate Image Assessment
Diamondback Energy has maintained a generally positive brand reputation within the financial community in the past year. Analysts have a consensus "Buy" rating for the stock, with 39% recommending a "Strong Buy" and 61% a "Buy" as of October 4, 2025. The company is recognized as one of the lowest-cost oil producers in the United States. Diamondback Energy's CEO, Kaes Van't Hof, highlighted the challenges for U.S. oil production if prices remain around $60 per barrel, citing the scarcity of high-quality drilling sites. No specific negative events significantly impacting Diamondback Energy's brand reputation within the past year were prominently found in the search results.
Ownership
Diamondback Energy, Inc. has significant institutional ownership, with 2029 institutional owners and shareholders holding a total of 214,104,208 shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., State Street Corp, Boston Partners, Price T Rowe Associates Inc /md/, JPMorgan Chase & Co, and Geode Capital Management, LLC. Individual insiders hold 35.8% of the shares, while institutions hold 60.6%. Sgf Fang Holdings LP is the largest individual shareholder, owning 101.69 million shares, representing 35.13% of the company.
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