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Diamondback Energy (FANG)

(Delayed Data from NSDQ)

$179.13 USD

179.13
2,798,942

-2.75 (-1.51%)

Updated Nov 11, 2024 04:00 PM ET

After-Market: $179.13 0.00 (0.00%) 6:00 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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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C Value F Growth F Momentum F 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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Bottom 10% (224 out of 250)

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

Zacks News

Earnings Preview: Diamondback Energy (FANG) Q2 Earnings Expected to Decline

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.

Core Labs' (CLB) Q2 Earnings and Sales Surpass Estimates

In the June quarter, Core Labs (CLB) generates $27 million in operating cash and its capital expenditure totals $3.1 million, leading to $23.9-million free cash flow (FCF) recognition.

The Zacks Analyst Blog Highlights: AstraZeneca, BioNTech, Pfizer, Cimarex Energy, Diamondback Energy, Centennial Resource Development and Bonanza Creek Energy

The Zacks Analyst Blog Highlights: AstraZeneca, BioNTech, Pfizer, Cimarex Energy, Diamondback Energy, Centennial Resource Development and Bonanza Creek Energy

Suncor Energy (SU) Q2 Loss Wider Than Expected, Revenues Lag

Suncor Energy's (SU) Exploration and Production segment (comprising International, Offshore and Natural Gas segments) produces 101,800 Boe/d in Q2 compared with 111,700 Boe/d in the prior-year quarter.

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Here's How to Interpret the Latest EIA Crude Inventory Report

The federal government's EIA report revealed that crude inventories rose by 4.9 million barrels, compared to expectations for a 1.9 million barrels decrease.

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Tap the Crude Oil Rally With These 4 Energy Stocks

The surge in oil price, recovering more than 230% since late-April, is supportive of upstream energy operations.

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Oil & Gas Stock Roundup: Chevron's $5B Noble Buy, Halliburton's Q2 & More

Chevron (CVX) agreed to buy Texas-based upstream company Noble Energy (NBL) for roughly $5 billion in stock. Meanwhile, oilfield service biggie Halliburton (HAL) reported second-quarter earnings.

US Oil & Gas Rig Tally Hits Record Lows for 11 Straight Weeks

With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.

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Fracking Bust: U.S. Shale Oil Production is Going Lower

There was always a concern that the frenzied activity out of the shale region was economically unsustainable in the long term given the massive capital burn, depressed returns and huge debts.

Diamondback Energy Cuts 2020 Output View, Provides Q2 Update

Diamondback Energy's (FANG) second-quarter 2020 oil and natural gas production averages at 294,100 Boe/d with oil output of 176,300 barrels per day.

Viper Energy Sees Q2 Production Rise, Resumes Paused Output

Oil price has significantly recovered in the past two months, which enables Viper Energy Partners (VNOM) to bring back most of the curtailed production online.

US Oil & Gas Rig Tally Hits Record Lows for 10 Straight Weeks

With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.

7 Reasons Why Murphy USA (MUSA) Stock Has More Room to Run

Murphy USA (MUSA) exits the first quarter of 2020 with cash and cash equivalents worth $200.3 million, reflecting an 11.03% rise from the year-ago level.

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The Oil Market is in the Middle of a Tug-of-War: Here's Why

Over the past few weeks, large but opposing forces have kept WTI hovering around $40 per barrel.

US Oil & Gas Rig Tally Hits All-Time Lows for 9 Straight Weeks

With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.

U.S. Rig Count Declines for the Fourth Consecutive Month

With oil prices recovering gradually, most analysts opine that the decline in the tally of monthly rig will narrow down further.

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Oil Market at a Crossroads: Will It Break Out or Break Down?

While retreating from last week's all time highs, current domestic stocks, at 533.5 million barrels, is still 13.9% above the year-ago figure and 15% over the five-year average.

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Oil Wraps Up Best Quarter Since 1990: Where's it Headed Next?

The stunning rally follows an unprecedented decline in April when WTI crude futures fell to an all-time low and even went negative for a while.

8 Factors That Make Diamondback (FANG) an Attractive Bet Now

The acquisitions of Energen and Ajax Resources convert Diamondback (FANG) into one of the leading Permian Basin oil producers.

Is Diamondback Energy (FANG) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

US Oil & Gas Rig Tally Hits Record Lows for 8 Straight Weeks

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

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Upstream Operations Contract, Second-Half Recovery Uncertain

Exploration and production activities fall in the second quarter as the coronavirus pandemic keeps hurting global energy demand.

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What to Make of Yesterday's Dramatic Drop in Oil Prices

U.S. oil prices fell nearly 6% on Wednesday after the EIA said crude stocks rose unexpectedly to a new all-time high.

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Oil Prices Fall as Supplies Rise to Their Highest Level Ever

The crude inventory rise surprised the market, which was expecting a decline based on easing lockdown measures.

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IEA Sees Biggest Drop Followed by Largest Jump in Oil Demand

While crude demand has regained some ground, slow recovery in air travel will not allow usage to return to pre-pandemic levels before 2022.