Diamondback Energy (FANG) stock outperformed S&P 500, but earnings and revenue are projected to decrease.

From Nasdaq: 2025-07-02 18:15:00

Diamondback Energy (FANG) closed at $141.97, up +1.26% from the previous day, outperforming the S&P 500. The stock dropped 1.46% in the last month, lagging behind the Oils-Energy sector and S&P 500. Earnings report on August 4 predicts an EPS of $2.72, a 39.82% decline from last year.

Analysts expect Diamondback Energy’s revenue to hit $3.41 billion, marking a 37.23% increase from the previous year. The Zacks Consensus Estimates project $13.2 EPS and $14.05 billion revenue for the fiscal year, reflecting changes of -20.34% and +26.94%. The Zacks Rank currently rates the stock as a #3 (Hold).

The industry rank for Oil and Gas – Exploration and Production – United States is at 162, placing it in the bottom 35% of industries. Industry performance data indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Diamondback Energy has a Forward P/E ratio of 10.62, lower than the industry average.

Zacks Research Chief identifies a satellite-based communications firm as a top stock pick, with potential for significant growth. The company’s customer base is expanding rapidly, and analysts anticipate a substantial revenue increase in 2025. This stock has the potential to outperform previous Zacks’ Stocks Set to Double like Hims & Hers Health.



Read more at Nasdaq: Diamondback Energy (FANG) Exceeds Market Returns: Some Facts to Consider