Diamondback Energy (NASDAQ:FANG) CAO Sells $1,035,000.00 in Stock

Posted by Brian Himes on May 24th, 2026

Diamondback Energy, Inc. (NASDAQ:FANG – Get Free Report) CAO Teresa Dick sold 5,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $207.00, for a total transaction of $1,035,000.00. Following the transaction, the chief accounting officer owned 92,755 shares of the company’s stock, valued at approximately $19,200,285. The trade was a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Diamondback Energy Price Performance

NASDAQ:FANG opened at $200.71 on Friday. The stock has a market cap of $56.46 billion, a P/E ratio of 233.39 and a beta of 0.46. Diamondback Energy, Inc. has a one year low of $133.75 and a one year high of $214.51. The company has a fifty day moving average price of $194.16 and a 200 day moving average price of $169.89. 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 announced its quarterly earnings data on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.74 by $0.49. Diamondback Energy had a net margin of 1.87% and a return on equity of 7.76%. The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $3.83 billion. During the same quarter in the prior year, the company posted $4.54 EPS. The business’s revenue was up 4.7% on a year-over-year basis. Analysts anticipate that Diamondback Energy, Inc. will post 19.49 earnings per share for the current year.

Diamondback Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th were paid a $1.10 dividend. The ex-dividend date was Thursday, May 14th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.2%. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.05. Diamondback Energy’s dividend payout ratio is currently 511.63%.

Institutional Investors Weigh In On Diamondback Energy

Several large investors have recently made changes to their positions in the company. Wellington Management Group LLP grew its holdings in Diamondback Energy by 74.1% during the 4th quarter. Wellington Management Group LLP now owns 3,239,837 shares of the oil and natural gas company’s stock worth $487,045,000 after acquiring an additional 1,379,010 shares during the last quarter. EnCap Energy Capital Fund XII L.P. bought a new stake in Diamondback Energy during the 4th quarter worth about $169,342,000. Smead Capital Management Inc. bought a new stake in Diamondback Energy during the 2nd quarter worth about $144,775,000. Capital Research Global Investors grew its holdings in Diamondback Energy by 38.0% during the 3rd quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company’s stock worth $543,610,000 after acquiring an additional 1,046,398 shares during the last quarter. Finally, Encompass Capital Advisors LLC bought a new stake in Diamondback Energy during the 4th quarter worth about $112,198,000. Institutional investors own 90.01% of the company’s stock.

Key Stories Impacting Diamondback Energy

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

Positive Sentiment: Oil prices remain elevated, which is helping Permian Basin producers like Diamondback Energy. One article noted that higher WTI and more gas production per barrel could be a tailwind for FANG’s revenue and cash flow. Article link
Positive Sentiment: Broader energy coverage also highlighted Diamondback as a beneficiary if oil supply stays tight, with commentary suggesting U.S. energy stocks could continue to outperform as global reserves are drawn down. Article link
Neutral Sentiment: Diamondback’s recent earnings beat and dividend increase continue to support the stock’s fundamental case, but these were already known from the company’s latest quarterly report and are not new catalysts.
Negative Sentiment: Diamondback CAO Teresa L. Dick sold 5,000 shares at $207 each, which can weigh on investor sentiment because insider selling is often viewed cautiously. SEC Form 4 filing
Negative Sentiment: Zacks Research trimmed several near- and medium-term earnings estimates for FANG, including Q2 2027, Q3 2027, Q1 2028 and FY2028, signaling somewhat softer expectations even though the firm kept a Strong-Buy rating. Zacks analyst note

Analyst Ratings Changes

FANG has been the subject of a number of recent research reports. Scotiabank increased their price objective on shares of Diamondback Energy from $175.00 to $195.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group increased their price objective on shares of Diamondback Energy from $187.00 to $212.00 and gave the company a “buy” rating in a research note on Wednesday, March 11th. Piper Sandler increased their price objective on shares of Diamondback Energy from $215.00 to $248.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Susquehanna increased their price objective on shares of Diamondback Energy from $231.00 to $245.00 and gave the company a “positive” rating in a research note on Wednesday, May 6th. Finally, Sanford C. Bernstein increased their price objective on shares of Diamondback Energy from $237.00 to $241.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Five analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $221.84.

View Our Latest 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.