Zacks Research Analysts Decrease Earnings Estimates for FANG

Diamondback Energy, Inc. (NASDAQ:FANG) – Analysts at Zacks Research cut their Q1 2027 earnings estimates for shares of Diamondback Energy in a research report issued on Monday, March 9th. Zacks Research analyst Team now expects that the oil and natural gas company will post earnings of $2.15 per share for the quarter, down from their prior forecast of $2.24. The consensus estimate for Diamondback Energy’s current full-year earnings is $15.49 per share. Zacks Research also issued estimates for Diamondback Energy’s Q2 2027 earnings at $2.15 EPS and FY2028 earnings at $13.52 EPS.

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

FANG has been the subject of several other research reports. TD Cowen raised shares of Diamondback Energy to a “strong-buy” rating in a research report on Monday, February 9th. UBS Group upped their price objective on shares of Diamondback Energy from $194.00 to $216.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Morgan Stanley reduced their price objective on shares of Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Roth Mkm reissued a “buy” rating and set a $180.00 target price on shares of Diamondback Energy in a research report on Tuesday, February 24th. Finally, Sanford C. Bernstein dropped their price target on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $189.00.

Diamondback Energy Trading Down 2.5%

Shares of Diamondback Energy stock opened at $178.37 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42. Diamondback Energy has a 52 week low of $114.00 and a 52 week high of $186.65. The stock has a 50 day moving average price of $162.47 and a two-hundred day moving average price of $151.81. The stock has a market capitalization of $50.31 billion, a PE ratio of 31.80 and a beta of 0.59.

Diamondback Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, March 5th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $4.20 annualized dividend and a dividend yield of 2.4%. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s payout ratio is 74.87%.

Insider Buying and Selling

In other news, Chairman Travis D. Stice sold 36,043 shares of Diamondback Energy stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $181.08, for a total value of $6,526,666.44. Following the completion of the transaction, the chairman owned 123,745 shares in the company, valued at $22,407,744.60. This trade represents a 22.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles Alvin Meloy sold 60,605 shares of Diamondback Energy stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $161.12, for a total value of $9,764,677.60. Following the completion of the transaction, the director 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,160,605 shares of company stock worth $190,757,794. 0.48% of the stock is owned by company insiders.

Institutional Trading of Diamondback Energy

Several institutional investors and hedge funds have recently made changes to their positions in FANG. Commerzbank Aktiengesellschaft FI grew its holdings in Diamondback Energy by 233.9% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 12,673 shares of the oil and natural gas company’s stock valued at $1,814,000 after buying an additional 8,877 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Diamondback Energy by 9.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 117,733 shares of the oil and natural gas company’s stock valued at $16,848,000 after acquiring an additional 10,289 shares during the last quarter. Moloney Securities Asset Management LLC purchased a new position in shares of Diamondback Energy in the third quarter valued at $472,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Diamondback Energy by 9.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,385,428 shares of the oil and natural gas company’s stock valued at $198,255,000 after purchasing an additional 122,921 shares in the last quarter. Finally, WoodTrust Financial Corp bought a new stake in Diamondback Energy in the third quarter worth $1,624,000. Hedge funds and other institutional investors own 90.01% of the company’s stock.

Diamondback Energy News Roundup

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

• Positive Sentiment: Macro tailwind — oil prices jumped above $100/bbl after attacks on Middle East fuel facilities, supporting the energy sector and providing a favorable commodity backdrop for Diamondback’s oil-weighted cash flows. These Stocks Are Today’s Movers
• Neutral Sentiment: Short-interest print shows zero reported short interest in recent data releases — likely a data/reporting anomaly rather than a real change in positioning; it does not provide clear directional pressure. (Internal short-interest entries)
• Negative Sentiment: Secondary offering announced — SGF FANG Holdings, LP filed an underwritten public sale of 11.0M FANG shares (plus a 30‑day option for 1.65M more). Diamondback receives no proceeds; this increases potential share supply and creates dilution risk or selling pressure as the block comes to market. Diamondback Energy Announces Launch of Secondary Common Stock Offering
• Negative Sentiment: Insider sales by the chairman — Travis D. Stice disclosed multi-million-dollar stock sales filed with the SEC (large blocks sold at ~ $181/share across filings), materially reducing his reported ownership stakes; sizable insider selling can be perceived negatively by investors. SEC Form 4 Filing
• Negative Sentiment: Analyst estimate cuts — Zacks Research trimmed Q1 and Q2 FY2027 EPS forecasts (and provided a lower FY2028 projection), signaling downward revisions to near-term earnings expectations that can pressure valuation multiple expectations. Diamondback Energy (FANG) Registers a Bigger Fall Than the Market

Diamondback Energy Company Profile

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.