STF Management LP Lowers Stake in Diamondback Energy, Inc. $FANG

Posted by Brian Himes on May 17th, 2026

STF Management LP reduced its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) by 62.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,640 shares of the oil and natural gas company’s stock after selling 2,713 shares during the quarter. STF Management LP’s holdings in Diamondback Energy were worth $247,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Scotia Capital Inc. raised its position in shares of Diamondback Energy by 0.3% during the 3rd quarter. Scotia Capital Inc. now owns 19,719 shares of the oil and natural gas company’s stock worth $2,822,000 after acquiring an additional 68 shares in the last quarter. Equitable Trust Co. raised its position in shares of Diamondback Energy by 0.7% during the 3rd quarter. Equitable Trust Co. now owns 10,030 shares of the oil and natural gas company’s stock worth $1,435,000 after acquiring an additional 73 shares in the last quarter. Valeo Financial Advisors LLC raised its position in shares of Diamondback Energy by 3.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 2,568 shares of the oil and natural gas company’s stock worth $367,000 after acquiring an additional 74 shares in the last quarter. Townsend & Associates Inc raised its position in shares of Diamondback Energy by 0.5% during the 4th quarter. Townsend & Associates Inc now owns 14,330 shares of the oil and natural gas company’s stock worth $2,161,000 after acquiring an additional 75 shares in the last quarter. Finally, Fulton Bank N.A. raised its position in shares of Diamondback Energy by 1.8% during the 4th quarter. Fulton Bank N.A. now owns 4,400 shares of the oil and natural gas company’s stock worth $661,000 after acquiring an additional 78 shares in the last quarter. 90.01% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Jere W. Thompson III sold 750 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $182.47, for a total value of $136,852.50. Following the sale, the chief financial officer directly owned 19,975 shares in the company, valued at $3,644,838.25. This represents a 3.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles Alvin Meloy sold 7,857 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $189.20, for a total value of $1,486,544.40. Following the completion of the sale, the director owned 942,721 shares in the company, valued at $178,362,813.20. This represents a 0.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 169,321 shares of company stock valued at $31,055,475. Insiders own 0.64% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Freedom Capital raised Diamondback Energy to a “strong-buy” rating in a research report on Tuesday, March 10th. TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a research note on Monday, February 9th. Raymond James Financial reiterated a “strong-buy” rating and issued a $242.00 price objective on shares of Diamondback Energy in a research note on Monday, April 27th. Wells Fargo & Company boosted their price objective on Diamondback Energy from $202.00 to $262.00 and gave the company an “overweight” rating in a research note on Monday, April 20th. Finally, Wall Street Zen upgraded Diamondback Energy from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Five analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Diamondback Energy currently has a consensus rating of “Buy” and a consensus target price of $218.25.

Get Our Latest Report on Diamondback Energy

Diamondback Energy Trading Up 1.6%

Shares of FANG stock opened at $203.56 on Friday. The business’s fifty day moving average price is $191.72 and its 200 day moving average price is $167.76. Diamondback Energy, Inc. has a 1-year low of $132.20 and a 1-year high of $214.51. The firm has a market capitalization of $57.26 billion, a PE ratio of 236.70 and a beta of 0.46. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.56 and a quick ratio of 0.55.

Diamondback Energy (NASDAQ:FANG – Get Free Report) last posted its earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 EPS for the quarter, topping analysts’ consensus estimates of $3.74 by $0.49. The company had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $3.83 billion. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.Diamondback Energy’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $4.54 earnings per share. As a group, sell-side analysts forecast that Diamondback Energy, Inc. will post 18.93 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th will be given a $1.10 dividend. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.05. This represents a $4.40 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Thursday, May 14th. Diamondback Energy’s dividend payout ratio (DPR) is currently 511.63%.

About Diamondback Energy

(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.