Diamondback Energy (FANG)

• Market cap: $40.7B
• 1 day: 0.12%
• 5 days: 1.31%
• 1 month: 0.8%
• 3 months: -5.47%
• 6 months: -9.26%
• Year to date: -15.67%
• 1 year: -21.04%
• 5 years: 316.46%
• 10 years: 103.83%
• Sector: Energy
• Industry: Oil & Gas Exploration & Production

About: Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2024, the company reported net proven reserves of 3.6 billion barrels of oil equivalent. Net production averaged about 598,000 barrels per day in 2024, at a ratio of 56% oil, 23% natural gas liquids, and 21% natural gas.

Employees: 1,983

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

40% more call options, than puts

Call options by funds: $506M | Put options by funds: $362M

17% more repeat investments, than reductions

Existing positions increased: 454 | Existing positions reduced: 389

0.86% more ownership

Funds ownership: 58.36% [Q1] → 59.22% (+0.86%) [Q2]

8% less first-time investments, than exits

New positions opened: 120 | Existing positions closed: 130

3% less funds holding

Funds holding: 1,107 [Q1] → 1,078 (-29) [Q2]

10% less capital invested

Capital invested by funds: $26.4B [Q1] → $23.8B (-$2.59B) [Q2]

22% less funds holding in top 10

Funds holding in top 10: 9 [Q1] → 7 (-2) [Q2]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $171
• Avg. target: $194
• High target: $222

10 analyst ratings

• positive: 10 100%
• neutral: 0 0%
• negative: 0 0%

Mizuho Nitin Kumar	$176	Outperform Maintained	15 Sep 2025
Keybanc Tim Rezvan	$176	Overweight Maintained	3 Sep 2025
UBS Josh Silverstein	$171	Buy Maintained	20 Aug 2025
Raymond James John Freeman	$212	Strong Buy Maintained	20 Aug 2025
Melius Research James West	$213	Buy Initiated	20 Aug 2025