Diamondback Energy (NASDAQ:FANG – Get Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Monday, August 4th. Analysts expect the company to announce earnings of $2.72 per share and revenue of $3.35 billion for the quarter.
Diamondback Energy (NASDAQ:FANG – Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The oil and natural gas company reported $4.54 EPS for the quarter, topping the consensus estimate of $3.67 by $0.87. The company had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.58 billion. Diamondback Energy had a net margin of 30.84% and a return on equity of 11.22%. The firm’s revenue was up 81.8% compared to the same quarter last year. During the same quarter last year, the firm posted $4.50 EPS. On average, analysts expect Diamondback Energy to post $15 EPS for the current fiscal year and $16 EPS for the next fiscal year.
Diamondback Energy Trading Down 1.7%
FANG stock opened at $146.14 on Friday. The company has a market capitalization of $42.70 billion, a PE ratio of 8.94 and a beta of 1.09. Diamondback Energy has a 12 month low of $114.00 and a 12 month high of $202.87. The firm’s 50-day moving average is $142.90 and its 200 day moving average is $147.15. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.86 and a quick ratio of 0.83.
Diamondback Energy Announces Dividend
Insider Buying and Selling
In related news, President Hof Matthew Kaes Van’t sold 10,000 shares of Diamondback Energy stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $142.69, for a total value of $1,426,900.00. Following the completion of the sale, the president directly owned 120,645 shares in the company, valued at $17,214,835.05. This trade represents a 7.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.70% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several research firms recently commented on FANG. KeyCorp reduced their price target on shares of Diamondback Energy from $216.00 to $180.00 and set an “overweight” rating on the stock in a research note on Monday, April 21st. Barclays reduced their price target on shares of Diamondback Energy from $200.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 23rd. Truist Financial raised their price target on shares of Diamondback Energy from $238.00 to $242.00 and gave the stock a “buy” rating in a research note on Thursday, April 17th. Morgan Stanley reiterated an “overweight” rating on shares of Diamondback Energy in a report on Tuesday, July 15th. Finally, Scotiabank reiterated an “outperform” rating on shares of Diamondback Energy in a report on Friday, July 11th. Two investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $191.59.
Read Our Latest Stock Report on Diamondback Energy
About Diamondback Energy
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. It 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, which are part of the Permian Basin in West Texas and New Mexico.
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