Diamondback Energy (NASDAQ:FANG) Reaches New 12-Month High Following Dividend Announcement

Diamondback Energy, Inc. (NASDAQ:FANG) shares hit a new 52-week high on Monday following a dividend announcement from the company. The company traded as high as $177.25 and last traded at $175.2170, with a volume of 316663 shares traded. The stock had previously closed at $176.01.

The newly announced dividend which will be paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th will be given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 2.5%. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Thursday, March 5th. Diamondback Energy’s payout ratio is currently 27.80%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on FANG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Diamondback Energy in a report on Monday, December 29th. UBS Group set a $195.00 price objective on Diamondback Energy in a research report on Tuesday. TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a research note on Monday, February 9th. Susquehanna raised their price objective on shares of Diamondback Energy from $182.00 to $199.00 and gave the stock a “positive” rating in a report on Wednesday. Finally, Sanford C. Bernstein lowered their price objective on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Diamondback Energy currently has a consensus rating of “Buy” and an average price target of $187.86.

Diamondback Energy Stock Performance

The stock’s 50 day simple moving average is $156.95 and its two-hundred day simple moving average is $149.22. The stock has a market cap of $47.78 billion, a P/E ratio of 29.82 and a beta of 0.63. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.62 and a quick ratio of 0.60.

Diamondback Energy (NASDAQ:FANG) last posted its quarterly earnings data on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.41 billion. Diamondback Energy had a return on equity of 8.06% and a net margin of 11.07%.The firm’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.67 earnings per share. As a group, research analysts forecast that Diamondback Energy, Inc. will post 15.49 EPS for the current year.

Key Headlines Impacting Diamondback Energy

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Susquehanna raised its price target on FANG from $182 to $199 and moved to a “positive” rating, implying meaningful upside vs. the current price — a near‑term catalyst for buyers. Benzinga
• Positive Sentiment: Dividend and buyback actions: management raised the quarterly dividend to $1.05 (5% increase) and completed large buybacks (multi‑year program, significant shares repurchased), signaling strong free cash flow and shareholder return priority. Yahoo – Dividend Lift
• Positive Sentiment: Analyst support/ratings: several firms maintain Buy/Overweight views and some raised targets (e.g., Siebert, Piper Sandler, UBS coverage), supporting demand for the shares. TipRanks – Analyst Note
• Neutral Sentiment: Management tone and commodity view: CEO Van’t Hof expressed growing confidence in the macro oil outlook and highlighted disciplined production plans, which could support prices but also keep growth modest. OGJ – CEO Comments
• Neutral Sentiment: 2026 guidance is deliberately cautious — flat production vs. Q4 levels — which reinforces capital discipline (positive for FCF) but may limit near‑term growth excitement. MarketBeat – Cautious Guidance
• Negative Sentiment: Q4 results missed EPS expectations (adjusted EPS $1.74 vs. ~$2.00 consensus) and showed a large non‑cash oil & gas impairment (~$3.65B), producing a GAAP net loss that pressured sentiment. Revenue was down ~9% YoY. Those headline misses likely triggered the initial selloff. Reuters – Earnings Miss
• Negative Sentiment: Large impairment + notable insider/institutional selling highlighted in post‑earnings coverage could weigh on near‑term sentiment despite strong cash generation. QuiverQuant – Impairment & Selling

Insider Buying and Selling

In other news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the completion of the sale, the insider owned 98,686,727 shares in the company, valued at $16,074,094,093.76. The trade was a 1.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Charles Alvin Meloy sold 377,911 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $138.61, for a total transaction of $52,382,243.71. Following the completion of the transaction, the director owned 1,044,864 shares in the company, valued at $144,828,599.04. This trade represents a 26.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,438,516 shares of company stock worth $225,026,921 over the last three months. 0.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Flagship Harbor Advisors LLC acquired a new stake in shares of Diamondback Energy during the fourth quarter valued at about $25,000. Laurel Wealth Advisors LLC acquired a new stake in Diamondback Energy in the fourth quarter worth $26,000. Richardson Financial Services Inc. raised its stake in Diamondback Energy by 245.1% during the 4th quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock worth $26,000 after buying an additional 125 shares during the period. JPL Wealth Management LLC acquired a new position in shares of Diamondback Energy during the third quarter valued at about $26,000. Finally, Wellington Shields & Co. LLC raised its stake in shares of Diamondback Energy by 264.7% in the fourth quarter. Wellington Shields & Co. LLC now owns 186 shares of the oil and natural gas company’s stock worth $28,000 after purchasing an additional 135 shares during the last quarter. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy Company Profile

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.