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Diamondback Energy (FANG)

(Delayed Data from NSDQ)

$193.77 USD

193.77
7,678,081

-5.73 (-2.87%)

Updated Oct 8, 2024 04:00 PM ET

After-Market: $192.91 -0.86 (-0.44%) 7:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value C Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 5% (240 out of 252)

Industry: Oil and Gas - Exploration and Production - United States

Better trading starts here.

Zacks News

Abercrombie & Fitch and British Petroleum have been highlighted as Zacks Bull and Bear of the Day

Abercrombie & Fitch and British Petroleum have been highlighted as Zacks Bull and Bear of the Day.

Nilanjan Banerjee headshot

US Rig Count Falls: Should You Keep an Eye on EOG & FANG Stocks?

It would be wise to focus on EOG & FANG stocks, as the crude price is favorable despite BKR's weekly rig count report stating that the tally is declining.

Here's Why Investors Should Hold on to EQT Stock Right Now

With numerous prime drilling locations throughout this gas-rich region, EQT's production prospects are robust.

Viper Energy Concludes Acquisition of Tumbleweed Royalty Subsidiaries

VNOM's newly acquired assets are not only immediately financially accretive but also offer a significant untapped inventory that bolsters long-term production growth.

Reasons to Retain ExxonMobil Stock in Your Portfolio Now

Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.

Nilanjan Banerjee headshot

US Rig Count Falls: Should You Keep an Eye on EOG & FANG Stocks?

It would be wise to focus on EOG & FANG stocks as the crude price is favorable despite BKR's weekly rig count report stating that the tally is declining.

Diamondback Boosts Q3 Production & CapEx Guidance After Acquisition

FANG increases its third-quarter production forecast to 565,000-569,000 barrels of oil equivalent per day and elevates CapEx to $675-$700 million.

Implied Volatility Surging for Diamondback Energy (FANG) Stock Options

Investors need to pay close attention to Diamondback Energy (FANG) stock based on the movements in the options market lately.

Here's Why Diamondback Energy (FANG) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why the Market Dipped But Diamondback Energy (FANG) Gained Today

Diamondback Energy (FANG) reachead $170.63 at the closing of the latest trading day, reflecting a +1.05% change compared to its last close.

Diamondback & Kinetik Secure 30% Interest in EPIC Crude Pipeline

FANG and Kinetik Holdings' partnership with EPIC Midstream enhances crude oil transportation efficiency and financial stability from the Permian Basin.

Nilanjan Banerjee headshot

US Rig Count Falls: Are FANG & EOG Stocks Still Worth Watching?

It would be wise to focus on EOG & FANG stocks as the crude price is favorable despite BKR's weekly rig count report stating that the tally is declining.

Here's Why Hold Strategy is Apt for EOG Resources Stock Now

Favorable oil prices are aiding EOG. However, being engaged in upstream business, the company is highly exposed to extreme volatility in oil prices.

Diamondback Explores Natural Gas for Power Generation in Oil Patch

FANG is shifting focus to natural gas-generated electricity for drilling, aiming to solve the sustainable power supply challenges in the Permian Basin.

Diamondback Energy (FANG) Suffers a Larger Drop Than the General Market: Key Insights

The latest trading day saw Diamondback Energy (FANG) settling at $178.12, representing a -0.92% change from its previous close.

Here's Why Hold Strategy is Apt for ConocoPhillips (COP) Now

Favorable oil price is aiding ConocoPhillips' (COP) bottom line. However, the stock is exposed to commodity price volatility.

Viper Energy to Expand in Permian: How Will the Stock Benefit?

VNOM estimates its acquisitions added approximately 3,727 net royalty acres in the Permian

Here's Why You Should Hold on to Matador Resources Stock Now

Handsome oil prices aid Matador's (MTDR) upstream operations. However, the company is exposed to volatility in commodity prices.

Here's Why You Should Hold on to Range Resources Stock Now

RRC boasts decades of low-risk drilling inventory in Appalachia, brightening its production outlook. However, the stock is exposed to gas price volatility.

Diamondback Energy (FANG) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, Diamondback Energy (FANG) closed at $168.50, marking a -1.74% move from the previous day.

Nilanjan Choudhury headshot

Oil Stocks Crash After OPEC Revises Demand Forecast Downward

Among the hardest hit were Diamondback Energy, APA Corporation, and ExxonMobil. with shares of each falling around 4% on Tuesday.

Illumina and Exxon Mobile have been highlighted as Zacks Bull and Bear of the Day

Illumina and Exxon Mobile have been highlighted as Zacks Bull and Bear of the Day.

Nilanjan Banerjee headshot

US Rig Count Falls: Should Investors Still Watch FANG & MTDR Stocks?

It would be wise to focus on FANG & MTDR stocks as the crude price is favorable, despite BKR's weekly rig count report stating that the tally is declining.

Why Is Diamondback (FANG) Down 1.2% Since Last Earnings Report?

Diamondback (FANG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Why Diamondback Energy (FANG) is a Top Value Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.