Scotiabank Expects Lower Earnings for Diamondback Energy

Diamondback Energy, Inc. (NASDAQ:FANG) – Stock analysts at Scotiabank cut their FY2026 earnings estimates for Diamondback Energy in a research note issued to investors on Thursday, March 5th. Scotiabank analyst P. Cheng now anticipates that the oil and natural gas company will post earnings of $5.80 per share for the year, down from their prior estimate of $6.40. The consensus estimate for Diamondback Energy’s current full-year earnings is $15.49 per share. Scotiabank also issued estimates for Diamondback Energy’s FY2027 earnings at $7.85 EPS.

FANG has been the topic of a number of other research reports. UBS Group lifted their price objective on Diamondback Energy from $194.00 to $216.00 and gave the stock a “buy” rating in a research report on Thursday. Jefferies Financial Group restated a “hold” rating and issued a $173.00 target price on shares of Diamondback Energy in a report on Monday, January 19th. Piper Sandler decreased their price target on shares of Diamondback Energy from $218.00 to $215.00 and set an “overweight” rating on the stock in a research note on Thursday. Wells Fargo & Company lifted their price target on shares of Diamondback Energy from $169.00 to $171.00 and gave the stock an “overweight” rating in a report on Tuesday, January 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Diamondback Energy in a research report on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Diamondback Energy currently has an average rating of “Moderate Buy” and a consensus target price of $189.00.

Diamondback Energy Stock Up 0.8%

Shares of NASDAQ FANG opened at $180.54 on Monday. The firm’s 50-day moving average is $161.25 and its two-hundred day moving average is $151.25. The company has a market capitalization of $50.93 billion, a PE ratio of 32.18 and a beta of 0.59. Diamondback Energy has a 12-month low of $114.00 and a 12-month high of $183.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.42 and a quick ratio of 0.40.

Diamondback Energy (NASDAQ:FANG) last issued its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The company had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. The company’s quarterly revenue was down 9.0% on a year-over-year basis. During the same period last year, the business posted $3.67 earnings per share.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, March 5th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 2.3%. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.00. The ex-dividend date is Thursday, March 5th. Diamondback Energy’s dividend payout ratio (DPR) is currently 74.87%.

Insider Transactions at Diamondback Energy

In other Diamondback Energy news, Director Charles Alvin Meloy sold 60,605 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $161.12, for a total value of $9,764,677.60. Following the sale, the director directly owned 982,006 shares of the company’s stock, valued at approximately $158,220,806.72. This trade represents a 5.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of Diamondback Energy stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total value of $162,880,000.00. Following the completion of the sale, the insider owned 98,686,727 shares of the company’s stock, valued at $16,074,094,093.76. This trade represents a 1.00% decrease in their position. The SEC filing for this sale provides additional information. 0.48% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Diamondback Energy

A number of institutional investors have recently bought and sold shares of FANG. Flagship Harbor Advisors LLC purchased a new position in Diamondback Energy during the fourth quarter worth approximately $25,000. Laurel Wealth Advisors LLC acquired a new position in shares of Diamondback Energy in the 4th quarter valued at $26,000. Richardson Financial Services Inc. grew its stake in shares of Diamondback Energy by 245.1% during the 4th quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock valued at $26,000 after buying an additional 125 shares during the period. JPL Wealth Management LLC purchased a new stake in shares of Diamondback Energy during the 3rd quarter valued at $26,000. Finally, Wellington Shields & Co. LLC increased its holdings in shares of Diamondback Energy by 264.7% during the 4th quarter. Wellington Shields & Co. LLC now owns 186 shares of the oil and natural gas company’s stock worth $28,000 after buying an additional 135 shares during the last quarter. 90.01% of the stock is currently owned by hedge funds and other institutional investors.

Diamondback Energy News Roundup

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Piper Sandler kept an “overweight” rating on FANG and trimmed its price target only slightly (from $218 to $215), signalling continued conviction in upside. Piper Sandler price target note
• Positive Sentiment: UBS raised its price target substantially (to $216) and maintained a “buy” rating, providing another bullish analyst signal that supports further upside. UBS price target raise
• Positive Sentiment: TD Cowen reiterated a Buy rating with a $195 target, citing disciplined growth, expanding inventory and low breakevens — supportive fundamentals for investors focusing on cash returns and resilience. TD Cowen buy rating
• Positive Sentiment: Market write-ups highlight FANG as one of the energy stocks leading this year’s rally (LNG/export tailwinds and shareholder-friendly cost structures cited), which may attract momentum buyers. Benzinga rally piece
• Positive Sentiment: Zacks highlights FANG among names to watch as WTI moves above $75, indicating commodity-driven upside potential for upstream producers. Zacks oil price note
• Neutral Sentiment: A short-interest report in the feed appears unreliable (shows zero shares / NaN change), so there’s no clear evidence of a new short squeeze or mounting short pressure to impact the stock today.
• Negative Sentiment: Benchmark Co. downgraded Diamondback from “buy” to “hold,” removing one bullish endorsement and likely contributing to investor caution despite other positive notes. Benchmark downgrade
• Negative Sentiment: Coverage pieces (Barron’s) note that some energy names are being downgraded even as oil rallies, a theme that can cap multiple-stock rallies and temper enthusiasm for big rerating moves. Barron’s sector downgrade piece

About Diamondback Energy

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.