Key facts, as of
As of September 29, 2026, Diamondback Energy (FANG) trades at $183.95, up 28.1% over the past year. Its 52-week range runs from $137.03 to $216.90; the price is 15.2% below that high. It sits 0.1% below its 200-day average of $184.20, the usual sign of a long-term downtrend. Its 30-day volatility is 35.6% annualized, which we rate high risk. It has a trailing P/E of 35.0 and a dividend yield of 2.38%.
Cite: Portfolio Terminal, "Diamondback Energy (FANG) stock analysis", 2026-09-29. https://portfolio-terminal.com/analyse/fang
Where it trades today
trading 59% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Capital discipline and commodity sensitivity matter more than top-line momentum because cash flow can swing quickly with the cycle.
- FANG trades at 35.0x earnings, well above the energy average of 10.5x, so the market is already pricing in above-consensus execution.
- FANG carries a beta of 0.41, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- FANG remains in a bearish short-term trend and sits 15.2% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- FANG is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in FANG.
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
Methodology
- Price, market cap, beta, yield, and liquidity fields for FANG come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Energy so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as XOM, CVX, COP.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for FANG. Last refresh: Sep 29, 2026, 10:33 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as XOM, CVX, COP.
What Diamondback Energy does
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, the United States. The company primarily 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, both of which are part of the Permian Basin in West Texas and New Mexico. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
What analysts expect
FANG carries a strong buy consensus from 29 analysts, with an average price target of $234.52 versus $183.95 today (+27.5%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
FANG generated $16.25B in trailing revenue (52.5% year over year), with a 9.0% net margin, and $5.04B of free cash flow, against $12.15B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $14.93B | $5.22B | $4.92B | $1.66B | $5.73 | -$703.00M |
| 2024 | $11.02B | $4.99B | $4.40B | $3.34B | $15.53 | -$5.37B |
| 2023 | $8.34B | $4.80B | $4.57B | $3.14B | $17.34 | $1.21B |
| 2022 | $9.57B | $6.70B | $6.52B | $4.39B | $24.61 | $2.71B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
How it sits in energy
Volatile sector tied to oil and gas prices, includes exploration, production, and refining.
The companies it competes with
FANG beside the energy names it is usually measured against.
What the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 7.4% below its 50-day average and 0.1% below its 200-day.
- RSI at 37 is neither stretched nor washed out.
- The nearest ceiling is $186.88 (+1.6%), the nearest floor $170.33 (-7.4%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is FANG a good buy right now?
Diamondback Energy trades at 35.0x earnings. This is above market average, reflecting growth expectations. Current risk level is High based on 35.6% volatility.
Does FANG pay dividends?
Yes, Diamondback Energy offers a dividend yield of 2.38%. That is roughly $4.38 per share a year.
How volatile is FANG?
With 30-day annualized volatility of 35.6% and beta of 0.41, FANG is classified as High risk. The stock tends to be more stable than the market average.
What is the analyst price target for FANG?
The average analyst price target for Diamondback Energy (FANG) is $234.52 based on 29 analyst estimates, about 27.5% above the current price of $183.95. The published range runs from $205.00 to $283.00.
How much revenue does FANG generate?
Diamondback Energy reported $16.25B in trailing twelve-month revenue. Revenue growth is running at 52.5% year over year. Net margin sits at 9.0%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare FANG with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.