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.
In the latest trading session, Diamondback Energy (FANG) closed at $141.97, marking a +1.26% move from the previous day.
Diamondback Energy (FANG) closed the most recent trading day at $140.87, moving +2.05% from the previous trading session.
Diamondback (FANG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Diamondback Energy is a top-tier, low-cost Permian Basin operator with strong reserves, disciplined capital allocation, and impressive acquisition-driven growth. Recent acquisitions, including Double Eagle, have expanded drilling locations and are expected to be immediately accretive to free cash flow. The valuation is attractive with a low P/E, strong margins, and robust growth metrics, despite share dilution and rising debt offset by healthy financial ratios.
The latest trading day saw Diamondback Energy (FANG) settling at $145.57, representing a +2.42% change from its previous close.
Diamondback (FANG) reported earnings 30 days ago. What's next for the stock?
TipRanks' analyst ranking service discusses three dividend-paying stocks, including Home Depot and Diamondback Energy, highlighted by Wall Street's top pros.
For 2025, FANG looks to pump around 857,000-900,000 BOE/d of hydrocarbon, with oil volumes between 480,000 and 495,000 barrels per day.
Diamondback Energy, Inc. (NASDAQ:FANG ) Q1 2025 Earnings Conference Call May 6, 2025 9:00 AM ET Company Participants Adam Lawlis - Vice President of Investor Relations Travis Stice - CEO & Chairman of the Board Kaes Hof - President Danny Wesson - Executive VP & COO Conference Call Participants Neil Mehta - Goldman Sachs Scott Hanold - RBC Capital Markets David Deckelbaum - TD Cowen John Freeman - Raymond James Arun Jayaram - JPMorgan Securities Bob Brackett - Bernstein Research Scott Gruber - Citigroup Phillip Jungwirth - BMO Derrick Whitfield - Texas Capital Kevin MacCurdy - Pickering Energy Partners Charles Meade - Johnson Rice Paul Cheng - Scotiabank Leo Mariano - ROTH Capital Partners Kalei Akamine - Bank of America Merrill Lynch Doug Leggate - Wolfe Research Operator Good day. And thank you for standing by.
The headline numbers for Diamondback (FANG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Diamondback Energy (FANG) came out with quarterly earnings of $4.54 per share, beating the Zacks Consensus Estimate of $4.09 per share. This compares to earnings of $4.50 per share a year ago.