Why did Diamondback Energy (FANG) stock move recently?

On 8/4/2026, Diamondback Energy moved -3.5% — Diamondback Energy shares fell with the broader energy sector as oil prices sank on expectations of a deal to reopen the Strait of Hormuz, outweighing the prior day's Q2 earnings beat and production milestone. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Diamondback Energy (FANG) overvalued or fairly valued?

MarketChacha shows Diamondback Energy's valuation in context — a trailing P/E of about 15.8, a forward P/E of about 11.0, a price-to-book of about 1.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Diamondback Energy's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.59×) from reported figures — education, not a rating.

What is Diamondback Energy's revenue?

Diamondback Energy reported revenue of $15.0B for FY2025, with net profit of $1.7B, per official filings.

What is the share price of Diamondback Energy (FANG)?

Diamondback Energy last traded at $199.22 (-2.1% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Diamondback Energy

FANG · NASDAQ · Energy · United States

Snapshot

TickerFANG

ExchangeNASDAQ

SectorEnergy

IndustryOil & Gas E&P

CountryUnited States

Employees1,762

HeadquartersMidland, United States

Websitewww.diamondbackenergy.com

Filings tracked20

About Diamondback Energy

Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Who owns it

Insiders27.1%
Institutions72.9%
Public & other0.0%

1,595 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.6.71%
Wellington Management Group, LLP5.86%
Vanguard Capital Management LLC4.56%
State Street Corporation4.49%
Invesco Ltd.3.99%
Vanguard Portfolio Management LLC3.47%
Capital World Investors3.19%
Boston Partners2.09%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 26.3 points over the period — profitability is trending down.

Cash conversion2.59×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend37.4% → 11.1%

Margin has compressed by about 26.3 points over the period — profitability is trending down.

Return on equity4.5%

Latest ROE of 4.5% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 34% · PAT -27%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $4.5B · EPS 4.88

Est. earnings growth +180.3%

Next fiscal year

Rev $17.1B · EPS 18.12

Est. earnings growth -11.5%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$15.0B

Net margin

11.1%

ROE

4.5%

Revenue CAGR (2y)

+33.7%

Profit CAGR (2y)

-27.2%

EPS (FY2025)

5.73

Net profit (FY2025)

$1.7B

Ask MarketChacha about FANG

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Why it moved

Aug 4, 2026
Diamondback Energy shares fell with the broader energy sector as oil prices sank on expectations of a deal to reopen the Strait of Hormuz, outweighing the prior day's Q2 earnings beat and production milestone.
source 1 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$15.0B	$1.7B	5.73	11.1%	4.5%
FY2024	$11.1B	$3.3B	15.53	30.2%	8.8%
FY2023	$8.4B	$3.1B	17.34	37.4%	18.9%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$5.6B	$1.9B	6.65	33.8%
2026Q1	$4.2B	$25.0M	0.08	0.6%
2025Q3	$3.9B	$1.0B	3.51	25.9%
2025Q2	$3.7B	$699.0M	2.38	19.0%
2025Q1	$4.0B	$1.4B	4.83	34.7%
2024Q3	$2.6B	$659.0M	3.19	24.9%
2024Q2	$2.5B	$837.0M	4.66	33.7%
2024Q1	$2.2B	$768.0M	4.28	34.5%
2023Q3	$2.3B	$915.0M	5.07	39.1%
2023Q2	$1.9B	$556.0M	3.05	29.3%
2023Q1	$1.9B	$712.0M	3.88	37.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/5/2026
8-K — Results of operations, Exhibits
SEC8/3/2026material
8-K — Results of operations
SEC7/13/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC6/15/2026material
8-K — Executive/director change, Shareholder vote results
SEC5/20/2026material
10-Q filing
SEC5/6/2026
8-K — Results of operations, Exhibits
SEC5/4/2026material
8-K — Other events, Exhibits
SEC4/13/2026material
8-K — Results of operations
SEC4/13/2026material
8-K — Other events, Exhibits
SEC4/6/2026material
8-K — Material agreement, Other events, Exhibits
SEC3/12/2026material
10-K filing
SEC2/25/2026
8-K — Results of operations, Exhibits
SEC2/23/2026material
8-K — Results of operations
SEC1/12/2026material

2025

8-K — Other events
SEC12/1/2025material
10-Q filing
SEC11/5/2025
8-K — Results of operations, Exhibits
SEC11/3/2025material
8-K — Results of operations
SEC10/9/2025material
10-Q filing
SEC8/6/2025
8-K — Results of operations, Exhibits
SEC8/4/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.