Brokers Set Expectations for Diamondback Energy, Inc.’s Q1 2025 Earnings (NASDAQ:FANG)

Diamondback Energy, Inc. (NASDAQ:FANG) – Stock analysts at Capital One Financial decreased their Q1 2025 earnings per share (EPS) estimates for Diamondback Energy in a note issued to investors on Wednesday, October 2nd. Capital One Financial analyst B. Velie now forecasts that the oil and natural gas company will post earnings per share of $3.93 for the quarter, down from their previous forecast of $3.95. The consensus estimate for Diamondback Energy’s current full-year earnings is $18.97 per share. Capital One Financial also issued estimates for Diamondback Energy’s Q2 2025 earnings at $3.88 EPS, Q3 2025 earnings at $4.00 EPS, Q4 2025 earnings at $3.86 EPS and FY2025 earnings at $15.67 EPS.

Several other analysts have also recently commented on FANG. BMO Capital Markets upgraded Diamondback Energy from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $205.00 to $215.00 in a report on Friday. Wolfe Research assumed coverage on shares of Diamondback Energy in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. Susquehanna reduced their price target on shares of Diamondback Energy from $245.00 to $237.00 and set a “positive” rating on the stock in a research report on Wednesday, September 4th. Piper Sandler cut their price objective on shares of Diamondback Energy from $249.00 to $240.00 and set an “overweight” rating on the stock in a research report on Thursday, August 15th. Finally, Benchmark lifted their price target on shares of Diamondback Energy from $154.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $209.50.

Diamondback Energy Price Performance

NASDAQ:FANG opened at $194.61 on Thursday. The stock has a market cap of $34.71 billion, a P/E ratio of 10.97, a PEG ratio of 1.17 and a beta of 1.89. Diamondback Energy has a one year low of $143.08 and a one year high of $214.50. The company has a fifty day moving average price of $187.40 and a 200 day moving average price of $195.23. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.66 and a quick ratio of 3.64.

Diamondback Energy (NASDAQ:FANG) last posted its earnings results on Monday, August 5th. The oil and natural gas company reported $4.52 EPS for the quarter, topping the consensus estimate of $4.51 by $0.01. The company had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.19 billion. Diamondback Energy had a net margin of 37.51% and a return on equity of 19.54%. The company’s revenue for the quarter was up 29.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.68 earnings per share.

Hedge Funds Weigh In On Diamondback Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Park Avenue Securities LLC raised its stake in shares of Diamondback Energy by 8.0% during the third quarter. Park Avenue Securities LLC now owns 5,740 shares of the oil and natural gas company’s stock worth $990,000 after purchasing an additional 427 shares during the last quarter. Czech National Bank grew its holdings in Diamondback Energy by 12.3% in the third quarter. Czech National Bank now owns 38,166 shares of the oil and natural gas company’s stock valued at $6,580,000 after purchasing an additional 4,180 shares during the last quarter. Park National Corp OH grew its holdings in Diamondback Energy by 107.2% in the third quarter. Park National Corp OH now owns 40,701 shares of the oil and natural gas company’s stock valued at $7,017,000 after purchasing an additional 21,055 shares during the last quarter. Mattson Financial Services LLC acquired a new stake in Diamondback Energy in the second quarter valued at $74,000. Finally, Centaurus Financial Inc. boosted its stake in shares of Diamondback Energy by 52.2% during the second quarter. Centaurus Financial Inc. now owns 1,513 shares of the oil and natural gas company’s stock valued at $303,000 after acquiring an additional 519 shares during the last quarter. 90.01% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, major shareholder Lyndal Greth sold 13,212,830 shares of the stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $175.11, for a total value of $2,313,698,661.30. Following the completion of the transaction, the insider now directly owns 1,037,819 shares of the company’s stock, valued at approximately $181,732,485.09. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.48% of the company’s stock.

Diamondback Energy Increases Dividend

The company also recently announced a None dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 15th were given a $2.34 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a yield of 1.9%. This is a positive change from Diamondback Energy’s previous None dividend of $2.26. Diamondback Energy’s dividend payout ratio is currently 20.29%.

Diamondback Energy Company Profile

Diamondback Energy, Inc, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico.