Diamondback Energy (FANG) closed at $149.10 in the latest trading session, marking a +1.11% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.37%. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, added 0.71%.
Heading into today, shares of the energy exploration and production company had gained 6.32% over the past month, outpacing the Oils-Energy sector's gain of 2.31% and the S&P 500's gain of 4.26%.
The investment community will be paying close attention to the earnings performance of Diamondback Energy in its upcoming release. The company is slated to reveal its earnings on November 3, 2025. It is anticipated that the company will report an EPS of $2.77, marking a 18.05% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $3.32 billion, showing a 25.61% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.58 per share and revenue of $14.01 billion, indicating changes of -24.08% and +26.65%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Diamondback Energy. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.77% lower. At present, Diamondback Energy boasts a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Diamondback Energy has a Forward P/E ratio of 11.72 right now. This expresses a premium compared to the average Forward P/E of 11.06 of its industry.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 214, finds itself in the bottom 14% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Diamondback Energy, Inc. (FANG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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