NASDAQ: FANG
Diamondback Energy, Inc.
Energy · Oil & Gas Exploration & Production
After hours: $205.74(-0.26%) · as of 6:53 PM ET
Market Cap
$58.03B
52w High
$214.51
52w Low
$134.30
P/E
36.58
Volume
1.05M
Outstanding Shares
281.31M
Performance
Return analysis
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 47.86% over the last year. Revenue grew 22.04% over the trailing twelve months. Operating margin moved from 35.21% to 27.68%. Free cash flow grew 177.01% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 22nd percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 27.68%. Revenue grew 22.04% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
48
Buy
5
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 2, 2026
Q4 FY26 · EPS est $4.82 · Revenue est $4.44B
View
Dividends
$4.25/shareQuarterlyStretchedFANG pays a dividend with a 2.06% dividend yield, growing at 21.2% annually, covered 4.5× by free cash flow.
Dividend Yield
2.06%
Annual Div / Share
$4.25
5yr CAGR
+21.2%
Doubles every ~3.6yr
Payout Ratio
91.99%
Stretched
Dividend Growth Rate
3yr CAGR
-14.83%
5yr CAGR
+21.2%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$3/mo
In 10 yrs
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$21/yr $2/mo | $36/yr+76% $3/mo | $64/yr+211% $5/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 2.06% → 6.4% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 4.5× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 21.2% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
High payout ratio
With 91.99% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.