Diamondback Energy (NASDAQ:FANG) VP Albert Barkmann Sells 4,000 Shares

Diamondback Energy, Inc. (NASDAQ:FANGGet Free Report) VP Albert Barkmann sold 4,000 shares of the stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $182.90, for a total transaction of $731,600.00. Following the completion of the sale, the vice president directly owned 27,571 shares in the company, valued at approximately $5,042,735.90. The trade was a 12.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Diamondback Energy Stock Performance

NASDAQ:FANG opened at $187.22 on Wednesday. The company has a current ratio of 0.42, a quick ratio of 0.40 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $52.66 billion, a P/E ratio of 33.37 and a beta of 0.59. The firm has a 50-day moving average price of $165.70 and a two-hundred day moving average price of $153.02. Diamondback Energy, Inc. has a twelve month low of $114.00 and a twelve month high of $188.73.

Diamondback Energy (NASDAQ:FANGGet Free Report) last announced its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.26). The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. The firm’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same period last year, the company earned $3.67 EPS. As a group, research analysts expect that Diamondback Energy, Inc. will post 15.49 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, March 5th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio is currently 74.87%.

Trending Headlines about Diamondback Energy

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

  • Positive Sentiment: Raymond James raised its price target to $240 and assigned a “strong‑buy” — a large upside signal that likely boosted investor demand. Raymond James PT Raise
  • Positive Sentiment: Mizuho bumped its target to $220 and moved to “outperform,” reinforcing bullish analyst momentum across the stock. Mizuho PT Raise
  • Positive Sentiment: Wells Fargo raised its target to $202 with an “overweight” rating — another vote of confidence from a large bank. Wells Fargo PT Raise
  • Positive Sentiment: Barclays lifted its target to $190 and kept an “overweight” stance, adding to the cluster of price‑target increases. Barclays PT Raise
  • Positive Sentiment: Press and research pieces name Diamondback as a way to play higher oil prices (Barron’s and Goldman Sachs roundup of energy picks), which supports sector‑driven buying. Barron’s: Underappreciated Energy Stocks
  • Neutral Sentiment: Coverage noting peers (ConocoPhillips, EOG) outperforming on liquidity and leverage may shift relative positioning among large‑cap energy names but is not directly negative for Diamondback. BofA Peer Liquidity Note
  • Negative Sentiment: EVP Matt Zmigrosky sold 20,899 shares at ~$180 (25.7% reduction in his holding) — a large insider sale that may concern some investors. SEC Filing — Zmigrosky
  • Negative Sentiment: VP Albert Barkmann sold 4,000 shares at ~$182.90 (12.7% reduction), another insider disposition disclosed to the SEC. SEC Filing — Barkmann
  • Negative Sentiment: CFO Jere W. Thompson III sold 750 shares at ~$182.47 (3.6% reduction), a smaller but still notable insider sale. SEC Filing — Thompson

Institutional Investors Weigh In On Diamondback Energy

Hedge funds and other institutional investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. boosted its stake in Diamondback Energy by 35.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 493,958 shares of the oil and natural gas company’s stock worth $74,257,000 after buying an additional 129,603 shares during the last quarter. Meadowbrook Advisors Group LLC acquired a new position in shares of Diamondback Energy during the 4th quarter valued at about $377,000. Corient Private Wealth LLC increased its stake in shares of Diamondback Energy by 5.5% during the 4th quarter. Corient Private Wealth LLC now owns 38,871 shares of the oil and natural gas company’s stock valued at $5,844,000 after acquiring an additional 2,036 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Diamondback Energy by 16.3% during the 4th quarter. Hsbc Holdings PLC now owns 338,577 shares of the oil and natural gas company’s stock worth $50,890,000 after acquiring an additional 47,450 shares during the period. Finally, Tulsa Wealth Advisors INC acquired a new stake in shares of Diamondback Energy in the fourth quarter worth approximately $973,000. Hedge funds and other institutional investors own 90.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FANG. Barclays raised their price target on Diamondback Energy from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday. The Goldman Sachs Group increased their price objective on Diamondback Energy from $187.00 to $212.00 and gave the company a “buy” rating in a research note on Wednesday, March 11th. Roth Mkm reissued a “buy” rating and issued a $180.00 target price on shares of Diamondback Energy in a research note on Tuesday, February 24th. Sanford C. Bernstein reduced their target price on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $173.00 price target on shares of Diamondback Energy in a research note on Monday, January 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Diamondback Energy has a consensus rating of “Buy” and a consensus price target of $195.43.

View Our Latest Stock Analysis on FANG

Diamondback Energy Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Diamondback Energy (NASDAQ:FANG)

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