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Diamondback Energy (FANG)

(Delayed Data from NSDQ)

$189.75 USD

189.75
1,089,438

-6.09 (-3.11%)

Updated Aug 20, 2024 04:00 PM ET

After-Market: $189.50 -0.25 (-0.13%) 7:16 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%

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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.

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B Value C Growth A Momentum A 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 19% (203 out of 251)

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

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Zacks News

Founded in 2007, Midland, TX-headquartered Diamondback Energy, Inc. is an independent oil and gas exploration & production company, with its primary focus on the Permian Basin, where it has around 394,000 net acres. Its activities are concentrated in the Wolfcamp, Spraberry, Clearfork, Bone Spring, and Cline formations. In Nov 29, 2018, Diamondback completed its $9.2 billion buyout of Energen Corporation to boost its Permian presence.

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Total US Drilling Rig Tally Falls: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower than the prior week, and the count for natural gas increased.

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Total US Drilling Rig Tally Rises: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was higher than the prior week, and the count for natural gas decreased.

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Diamondback (FANG) Beats on Q2 Earnings, Ups Production View

For 2024, Diamondback Energy (FANG) looks to pump around 462,000-470,000 BOE/d of hydrocarbon, compared to 458,000-466,000 BOE/d predicted before.

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Diamondback Energy (FANG) Q2 Earnings and Revenues Surpass Estimates

Diamondback (FANG) delivered earnings and revenue surprises of 1.35% and 14.01%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Diamondback's (FANG) Q2 Earnings Preview: Things to Consider

Strong production is likely to have supported the second-quarter earnings of Diamondback Energy (FANG), only to be pegged back by lower natural gas prices.

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APA (APA) delivered earnings and revenue surprises of 23.16% and 20.68%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

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Diamondback Energy (FANG) Stock Moves -0.1%: What You Should Know

In the closing of the recent trading day, Diamondback Energy (FANG) stood at $198.08, denoting a -0.1% change from the preceding trading day.

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Diamondback Energy (FANG) Earnings Expected to Grow: Should You Buy?

Diamondback (FANG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Diamondback Energy (FANG) Ascends While Market Falls: Some Facts to Note

Diamondback Energy (FANG) reachead $198.83 at the closing of the latest trading day, reflecting a +0.24% change compared to its last close.

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Total US Drilling Rig Tally Falls: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower than the prior week, and the count for natural gas also decreased.

Diamondback Energy (FANG) Stock Sinks As Market Gains: What You Should Know

Diamondback Energy (FANG) reachead $204.17 at the closing of the latest trading day, reflecting a -1.45% change compared to its last close.

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Will Diamondback (FANG) Beat Estimates Again in Its Next Earnings Report?

Diamondback (FANG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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Total US Drilling Rig Tally Rises: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was flat with the prior week, and the count for natural gas increased.