FANG

In the past six months, Diamondback Energy's stock increased by 28.05% from October 2025 to September 2026, and by 25.56% over the last 12 months, though it decreased by 7.06% in the month leading up to October 2026. The company reported strong Q2 2026 financial results, with revenue of $5.56 billion and adjusted EPS of $6.48, exceeding expectations, and generated $2.3 billion in free cash flow. Diamondback Energy increased its annual oil production guidance, declared a base cash dividend of $1.10 per share, and repurchased shares worth $141 million. Stock performance was also influenced by oil price fluctuations, analyst actions like price target raises and downgrades, and a large share block sale by SGF FANG Holdings. The $26 billion merger with Endeavor Energy Resources by September 2024 significantly boosted volume growth in FY24 and FY25.