Cullen Investment Group LTD. Sells 3,013 Shares of Diamondback Energy, Inc. $FANG

Cullen Investment Group LTD. reduced its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 21.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,128 shares of the oil and natural gas company’s stock after selling 3,013 shares during the quarter. Cullen Investment Group LTD.’s holdings in Diamondback Energy were worth $1,640,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FANG. JPL Wealth Management LLC purchased a new position in shares of Diamondback Energy during the third quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. raised its stake in Diamondback Energy by 106.3% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company’s stock worth $28,000 after buying an additional 102 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in Diamondback Energy in the second quarter worth about $29,000. Salomon & Ludwin LLC bought a new stake in Diamondback Energy during the 3rd quarter valued at approximately $31,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in Diamondback Energy during the 3rd quarter valued at approximately $38,000. 90.01% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total value of $162,880,000.00. Following the transaction, the insider directly owned 98,686,727 shares of the company’s stock, valued at approximately $16,074,094,093.76. This represents a 1.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Travis D. Stice sold 63,957 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $181.16, for a total value of $11,586,450.12. Following the sale, the chairman owned 305,314 shares in the company, valued at approximately $55,310,684.24. This represents a 17.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,209,212 shares of company stock worth $199,689,401 in the last three months. Corporate insiders own 0.70% of the company’s stock.

Key Diamondback Energy News

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

• Positive Sentiment: Analyst upgrades and new coverage — Truist initiated coverage and set a $222 price target (buy/strong‑buy), which signals institutional conviction and provides near‑term upside catalysts for investors. Truist Coverage
• Positive Sentiment: Post‑earnings rally / momentum — Publications note FANG is up ~14.2% since the company’s last earnings report, and analysts are re‑pricing estimates and sentiment accordingly; that momentum helps attract buyers and technical momentum traders. Diamondback Up 14.2% Since Earnings
• Positive Sentiment: Relative strength in an otherwise weak market — Coverage explains why the broader market dipped while FANG gained, indicating stock‑specific drivers (analyst action, sector flows) rather than broad risk appetite. Why the Market Dipped But FANG Gained
• Neutral Sentiment: Energy‑sector tailwinds and thematic coverage — Roundups naming top energy picks (Goldman Sachs / other outlets) keep the sector in focus; this can be supportive but only material if Diamondback is specifically highlighted by those institutions. Goldman Sachs Energy Picks
• Neutral Sentiment: Short‑interest reporting appears anomalous — multiple reports show a “large increase” but list zero shares / NaN changes and 0.0 days to cover; this looks like a data/reporting error and is unlikely to be a genuine new short pressure signal until corrected.
• Negative Sentiment: Earnings miss and softer revenue trend — Diamondback’s recent quarter missed EPS and was slightly below revenue consensus, with revenue down year‑over‑year; that weak fundamental print is the key downside risk that could cap multiple expansion despite analyst upgrades.

Diamondback Energy Stock Performance

Shares of FANG stock opened at $196.02 on Thursday. The company has a market capitalization of $55.14 billion, a price-to-earnings ratio of 34.94 and a beta of 0.59. 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, Inc. has a one year low of $114.00 and a one year high of $199.96. The company’s 50-day moving average is $171.08 and its 200 day moving average is $154.99.

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 the consensus estimate of $2.00 by ($0.26). The firm had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The firm’s quarterly revenue was down 9.0% on a year-over-year basis. During the same period last year, the firm posted $3.67 earnings per share. Sell-side analysts expect that Diamondback Energy, Inc. will post 15.49 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Thursday, March 5th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio (DPR) is presently 74.87%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Freedom Capital raised Diamondback Energy to a “strong-buy” rating in a research report on Tuesday, March 10th. The Goldman Sachs Group lifted their price target on Diamondback Energy from $187.00 to $212.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Susquehanna upped their price target on Diamondback Energy from $182.00 to $199.00 and gave the stock a “positive” rating in a research note on Wednesday, February 25th. Sanford C. Bernstein decreased their price objective on Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Finally, UBS Group raised their price objective on Diamondback Energy from $194.00 to $216.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Four 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 MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $194.48.

Diamondback Energy 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.