Q1 EPS Estimate for Diamondback Energy Reduced by Analyst

Diamondback Energy, Inc. (NASDAQ:FANG) – Investment analysts at KeyCorp decreased their Q1 2026 earnings per share estimates for shares of Diamondback Energy in a report issued on Thursday, January 15th. KeyCorp analyst T. Rezvan now forecasts that the oil and natural gas company will post earnings per share of $3.02 for the quarter, down from their previous estimate of $3.16. The consensus estimate for Diamondback Energy’s current full-year earnings is $15.49 per share. KeyCorp also issued estimates for Diamondback Energy’s Q2 2026 earnings at $3.20 EPS, Q1 2027 earnings at $3.70 EPS, Q2 2027 earnings at $3.68 EPS, Q3 2027 earnings at $3.77 EPS, Q4 2027 earnings at $4.02 EPS and FY2027 earnings at $15.16 EPS.

A number of other equities analysts also recently weighed in on FANG. Morgan Stanley restated an “overweight” rating and issued a $183.00 target price on shares of Diamondback Energy in a research note on Thursday, November 20th. Mizuho set a $194.00 price target on Diamondback Energy in a report on Friday, December 12th. UBS Group boosted their price objective on Diamondback Energy from $174.00 to $194.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Piper Sandler decreased their target price on Diamondback Energy from $222.00 to $219.00 and set an “overweight” rating for the company in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $173.00 target price on shares of Diamondback Energy in a research note on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $187.64.

Diamondback Energy Stock Down 1.7%

Diamondback Energy stock opened at $148.70 on Monday. Diamondback Energy has a fifty-two week low of $114.00 and a fifty-two week high of $180.29. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.60 and a current ratio of 0.62. The firm’s 50-day simple moving average is $150.51 and its 200 day simple moving average is $145.47. The stock has a market cap of $42.59 billion, a PE ratio of 10.33 and a beta of 0.59.

Diamondback Energy (NASDAQ:FANG) last posted its earnings results on Monday, November 3rd. The oil and natural gas company reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.94 by $0.14. The firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.48 billion. Diamondback Energy had a net margin of 27.32% and a return on equity of 9.57%. The business’s revenue was up 48.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.19 EPS.

Diamondback Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 13th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, November 13th. Diamondback Energy’s dividend payout ratio is presently 27.80%.

Insider Activity at Diamondback Energy

In related news, Director Charles Alvin Meloy sold 377,911 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $138.61, for a total value of $52,382,243.71. Following the completion of the transaction, the director directly owned 1,044,864 shares of the company’s stock, valued at approximately $144,828,599.04. This trade represents a 26.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Diamondback Energy

A number of large investors have recently made changes to their positions in the stock. JPL Wealth Management LLC purchased a new stake in Diamondback Energy during the 3rd quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in Diamondback Energy by 106.3% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company’s stock valued at $28,000 after buying an additional 102 shares in the last quarter. Creekmur Asset Management LLC bought a new stake in shares of Diamondback Energy during the second quarter valued at about $28,000. Salomon & Ludwin LLC purchased a new stake in shares of Diamondback Energy in the third quarter worth about $31,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Diamondback Energy in the second quarter valued at approximately $29,000. 90.01% of the stock is owned by institutional investors.

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.