FANG
Diamondback EnergyPrevious close
212.08
Change
+5.65 / +2.74%
P/E (TTM) ?
39.4
Market Cap
$59.2B
1M
+15.38%
S&P 500 −0.91% over same period
Volume / Avg Volume
2.0M / 1.6M
1.28× average
Latest earnings analysisFY2026 Q2Reported 2026-07-13
Diamondback Q2 2026: revenue up 51.2%, EPS beats, guidance raised
Diamondback's second quarter looks strong on every headline number: revenue of $5.56 billion, GAAP EPS of $6.65 and $1.88 billion of net income, with production passing 1.0 million barrels of oil equivalent a day. But the quarter leaned on $96.82 oil, gas realizations went negative and $134 million of profit came from debt extinguishment. That mix is why we lean positive, with one caveat.
Read the full analysis →Revenue$5.56BYoY +51.20%
EPS (non-GAAP)$6.48Beatest. $6.13
Next-day move−0.47%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-13 | $5.6B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-13 | $4.2B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-12 | $15.0B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-09 | $3.9B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 91 of its 5-year rangeExpensive
5-year range 8.1 – 193.8 · Median 10.3
Last 4 quarters: $603M in buybacks + $1.2B in dividends, 3.01% of market cap combined
P/E (TTM)
39.4
P/B
1.5
P/S
3.4
Dividend Yield
6.63%
Earnings Reaction
Over the last 4 reports, the stock moved ±1.8% on average on the first trading day after, rising 1 times
Most recent −0.47%
Volatility & Correlation
1-year beta -0.53 · Correlation with S&P 500 -0.21Low beta
Annualized volatility 33% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 12 · $3,762MNet selling $3,762M
- 10-05Meloy Charles AlvinDirectorSell$6.1M33,333 shares · 3 trades · Avg price 183.74
- 09-16SGF FANG Holdings, LPSell$3,727M18,159,350 shares · 2 trades · Avg price 205.26
- 09-15Dick Teresa L.EVP Accounting, Assist. Sec.Sell$1.1M5,000 shares · Avg price 210.00
- 09-15Zmigrosky MattEVP, Chief Legal and Admin OffSell$0.28M1,326 shares · Avg price 212.56
- 09-11Stice Travis D.DirectorSell$15.3M75,000 shares · Avg price 204.31
- 08-21Plaumann Mark LawrenceDirectorSell$0.21M1,000 shares · Avg price 210.58
- 08-20Wesson Daniel NExec. VP & COOSell$1.6M7,500 shares · Avg price 215.21
- 08-20Van't Hof Matthew KaesChief Executive OfficerSell$2.1M10,000 shares · 2 trades · Avg price 214.66
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 5.56 | +51.2% | — | 1.88 | 6.65 |
| FY2026 Q1 | 4.24 | +4.7% | — | 0.03 | 0.08 |
| FY2025 Q4 | 3.38 | −9.0% | — | -1.58 | -4.99 |
| FY2025 Q3 | 3.92 | +48.4% | — | 1.02 | 3.51 |
| FY2025 Q2 | 3.68 | +48.1% | — | 0.70 | 2.38 |
| FY2025 Q1 | 4.05 | +81.8% | — | 1.41 | 4.83 |
| FY2024 Q4 | 3.71 | +66.6% | — | 1.44 | 3.40 |
| FY2024 Q3 | 2.65 | +13.0% | — | 0.66 | 3.19 |
| FY2024 Q2 | 2.48 | +29.4% | — | 0.84 | 4.66 |
| FY2024 Q1 | 2.23 | +15.7% | — | 0.77 | 4.28 |
| FY2023 Q4 | 2.23 | +7.9% | — | 1.15 | 5.34 |
| FY2023 Q3 | 2.34 | −4.0% | — | 0.92 | 5.07 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| FANG | 39.4 | +51.2% | — | +15.38% | Bullish |
| XOM | 22.6 | +42.3% | — | +15.05% | Neutral |
| CVX | 22.6 | +51.4% | 45.5% | +15.33% | Bullish |
| COP | 19.7 | +43.3% | 62.9% | +23.08% | Bullish |
| MPC | 14.2 | +53.8% | 17.2% | +12.47% | Neutral |
| VLO | 15.4 | +43.3% | 20.4% | +3.11% | Bullish |
| PSX | 15.0 | +46.4% | 19.2% | +10.78% | Bullish |
| WMB | 29.6 | +0.0% | — | +9.39% | Neutral |
| EOG | 12.6 | +57.4% | — | +20.17% | Bullish |