Diamondback Energy (FANG) closed the most recent trading day at $141.19, moving +1.51% from the previous trading session. This move outpaced the S&P 500's daily gain of 1.07%. On the other hand, the Dow registered a gain of 1.12%, and the technology-centric Nasdaq increased by 1.37%.
The energy exploration and production company's shares have seen a decrease of 0.42% over the last month, surpassing the Oils-Energy sector's loss of 2.63% and falling behind the S&P 500's gain of 1.08%.
The upcoming earnings release of Diamondback Energy will be of great interest to investors. The company's earnings report is expected on November 3, 2025. It is anticipated that the company will report an EPS of $2.76, marking a 18.34% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $3.38 billion, reflecting a 27.95% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.64 per share and revenue of $14.2 billion, indicating changes of -23.72% and +28.34%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Diamondback Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.05% higher within the past month. Diamondback Energy currently has a Zacks Rank of #4 (Sell).
In the context of valuation, Diamondback Energy is at present trading with a Forward P/E ratio of 11. This valuation marks a premium compared to its industry average Forward P/E of 9.71.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 221, placing it within the bottom 11% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within 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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