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Diamondback Energy (FANG) Stock Forecast, Price Target & Predictions


FANG Stock Forecast


Diamondback Energy stock forecast is as follows: an average price target of $221.82 (represents a 31.41% upside from FANG’s last price of $168.80) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

FANG Price Target


The average price target for Diamondback Energy (FANG) is $221.82 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $252.00 to $195.00. This represents a potential 31.41% upside from FANG's last price of $168.80.

FANG Analyst Ratings


Buy

According to 16 Wall Street analysts, Diamondback Energy's rating consensus is 'Buy'. The analyst rating breakdown for FANG stock is 1 'Strong Buy' (6.25%), 14 'Buy' (87.50%), 1 'Hold' (6.25%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Diamondback Energy Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 04, 2024Mark LearPiper Sandler$252.00$169.1149.02%49.29%
Oct 16, 2024Neal DingmannTruist Financial$230.00$179.7727.94%36.26%
Oct 16, 2024Tim RezvanKeyBanc$216.00$181.5618.97%27.96%
Oct 15, 2024Gabriele SorbaraWilliams Trading$230.00$190.7020.61%36.26%
Oct 14, 2024Scott GruberCitigroup$195.00$194.960.02%15.52%
Oct 04, 2024Phillip JungwirthBMO Capital$215.00$192.8711.47%27.37%
Oct 02, 2024Betty JiangBarclays$210.00$188.1611.61%24.41%
Sep 16, 2024Devin McDermottMorgan Stanley$198.00$172.4214.84%17.30%
Sep 16, 2024Nitin KumarMizuho Securities$219.00$172.4227.02%29.74%
Sep 11, 2024Tim RezvanKeyBanc$225.00$168.5033.53%33.29%
Sep 04, 2024Biju PerincherilSusquehanna$237.00$187.4826.41%40.40%
Aug 12, 2024Bob BrackettBernstein$238.00$199.7719.14%41.00%
Jul 22, 2024Neal DingmannTruist Financial$249.00$205.4721.19%47.51%
Jun 06, 2024Bob BrackettBernstein$243.00$189.1928.44%43.96%
May 06, 2024Scott HanoldRBC Capital$220.00$201.509.18%30.33%
May 02, 2024Roger ReadWells Fargo$224.00$196.0114.28%32.70%
Apr 17, 2024Roger ReadWells Fargo$227.00$203.9511.30%34.48%
Apr 11, 2024Nitin KumarMizuho Securities$217.00$206.235.22%28.55%
Apr 05, 2024Neal DingmannTruist Financial$248.00$201.2923.21%46.92%
Mar 28, 2024Devin McDermottMorgan Stanley$186.00$197.02-5.59%10.19%
Mar 22, 2024Derrick WhitfieldStifel Nicolaus$224.00$194.7015.05%32.70%
Mar 21, 2024Tim RezvanKeyBanc$210.00$194.408.02%24.41%
Dec 14, 2022Morgan Stanley$180.00$138.0930.35%6.64%
Dec 07, 2022Barclays$173.00$138.2125.17%2.49%
Dec 05, 2022Johnson Rice$210.00$142.0047.89%24.41%
Nov 17, 2022Credit Suisse$195.00$158.9822.66%15.52%
Sep 21, 2022Citigroup$155.00$130.7918.51%-8.18%
Aug 18, 2022Mizuho Securities$203.00$129.0757.28%20.26%
Aug 02, 2022Mark LearPiper Sandler$191.00$125.9251.68%13.15%
Jul 26, 2022Raymond James$190.00$119.9958.35%12.56%
Jul 19, 2022Truist Financial$203.00$114.8676.74%20.26%
Jul 19, 2022Mizuho Securities$224.00$114.2696.04%32.70%
Jul 14, 2022Truist Financial$185.00$104.4277.17%9.60%
Jul 05, 2022Goldman Sachs$160.00$115.0039.13%-5.21%
Jun 10, 2022Mark LearPiper Sandler$196.00$156.1825.50%16.11%
May 04, 2022Raymond James$215.00$138.4955.25%27.37%
Apr 25, 2022Susquehanna$167.00$130.1028.36%-1.07%
Apr 25, 2022Raymond James$200.00$130.1053.73%18.48%
Apr 22, 2022Morgan Stanley$184.00$136.8634.44%9.00%
Apr 19, 2022Wells Fargo$204.00$138.4547.35%20.85%
Mar 04, 2022John FreemanRaymond James$195.00$137.8041.51%15.52%
Feb 23, 2022Scott HanoldRBC Capital$160.00$128.9924.04%-5.21%
Feb 23, 2022Stephen RichardsonEvercore ISI$130.00$128.990.78%-22.99%
Feb 23, 2022Menno HulshofTD Securities$150.00$128.9916.29%-11.14%
Feb 23, 2022Gabriele SorbaraSiebert Williams Shank & Co$155.00$128.9920.16%-8.18%
Feb 23, 2022William JanelaCredit Suisse$140.00$128.998.54%-17.06%
Feb 02, 2022Biju PerincherilSusquehanna$152.00$130.4016.56%-9.95%
Jan 25, 2022Devin McDermottMorgan Stanley$155.00$126.4222.61%-8.18%
Jan 14, 2022Neal DingmannTruist Financial$165.00$128.6428.26%-2.25%
Jan 03, 2022Scott GruberCitigroup$122.00$111.359.56%-27.73%
Dec 14, 2021Josh SilversteinWolfe Research$132.00$103.6127.40%-21.80%
Nov 17, 2021Lloyd ByrneUBS$165.00$106.7754.54%-2.25%
Oct 19, 2021John M. WhiteRoth Capital$135.00$109.9822.75%-20.02%
Oct 13, 2021David DeckelbaumCowen & Co.$121.00$107.2512.82%-28.32%
Jun 08, 2021Charles MeadeJohnson Rice$114.00$88.3529.03%-32.46%
Apr 13, 2021Phillip JungwirthBMO Capital$95.00$74.2927.88%-43.72%

The latest Diamondback Energy stock forecast, released on Dec 04, 2024 by Mark Lear from Piper Sandler, set a price target of $252.00, which represents a 49.02% increase from the stock price at the time of the forecast ($169.11), and a 49.29% increase from FANG last price ($168.80).

Diamondback Energy Price Target by Period


1M3M12M
# Anlaysts1622
Avg Price Target$252.00$223.00$223.32
Last Closing Price$168.80$168.80$168.80
Upside/Downside49.29%32.11%32.30%

In the current month, the average price target of Diamondback Energy stock is $252.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 49.29% increase as opposed to Diamondback Energy's last price of $168.80. This month's average price target is up 13.00% compared to last quarter, and up 12.84% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 04, 2024Piper SandlerOverweightOverweightHold
Nov 14, 2024Cowen & Co.BuyBuyHold
Oct 18, 2024Wells FargoSector OutperformSector OutperformHold
Oct 16, 2024KeyBancOverweightOverweightHold
Oct 15, 2024Piper SandlerOverweightOverweightHold
Oct 04, 2024BMO CapitalMarket PerformOutperformUpgrade
Oct 03, 2024BenchmarkBuyBuyHold
Oct 02, 2024UBSUnderperformUnderperformHold
Oct 02, 2024BarclaysEqual-WeightOverweightUpgrade
Sep 16, 2024Wells FargoBuyBuyHold
Sep 16, 2024Morgan StanleyOverweightOverweightHold
Sep 11, 2024KeyBancOverweightOverweightHold
Sep 04, 2024SusquehannaPositivePositiveHold
Aug 12, 2024BernsteinOutperformOutperformHold
Aug 07, 2024BarclaysEqual-WeightEqual-WeightHold
Aug 06, 2024Wells FargoBuyBuyHold
Aug 06, 2024ScotiabankUnderperformUnderperformHold
Jul 18, 2024Piper SandlerOverweightOverweightHold
Jul 18, 2024Wells FargoOverweightOverweightHold
Jul 17, 2024Wolfe ResearchPeer PerformInitialise
Jul 17, 2024SusquehannaUnderperformUnderperformHold
Jun 27, 2024Wells FargoBuyBuyHold
Jun 06, 2024BernsteinOutperformInitialise
May 06, 2024RBC CapitalOutperformOutperformHold
Apr 19, 2024Piper SandlerOverweightOverweightHold
Apr 17, 2024Wells FargoOverweightOverweightHold
Mar 28, 2024Morgan StanleyOverweightOverweightHold
Feb 13, 2024BMO CapitalMarket PerformMarket PerformHold
Feb 13, 2024ScotiabankSector OutperformSector OutperformHold
Feb 13, 2024SusquehannaPositivePositiveHold
Feb 12, 2024Bank of America SecuritiesNeutralUpgrade
Dec 20, 2023UBSUnderperformUnderperformHold
Dec 20, 2023Wells FargoStrong BuyStrong BuyHold
Mar 23, 2023CitigroupBuyBuyHold
Dec 14, 2022Morgan StanleyOverweightOverweightHold
Dec 07, 2022BarclaysOverweightOverweightHold
Dec 05, 2022Johnson RiceBuyUpgrade
Nov 17, 2022Credit SuisseOutperformOutperformHold
Nov 17, 2022Piper SandlerOverweightOverweightHold
Sep 21, 2022CitigroupBuyBuyHold
Aug 02, 2022Piper SandlerOverweightOverweightHold
Jul 26, 2022Raymond JamesStrong BuyStrong BuyHold
Jul 05, 2022Goldman SachsBuyBuyHold
May 17, 2022Wells FargoOverweightOverweightHold
Feb 23, 2022Credit SuisseOutperformOutperformHold
Jan 25, 2022Morgan StanleyOverweightOverweightHold

Diamondback Energy's last stock rating was published by Piper Sandler on Dec 04, 2024. The company gave FANG a "Overweight" rating, the same as its previous rate.

Diamondback Energy Financial Forecast


Diamondback Energy Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$2.34B$1.90B$1.93B$2.03B$2.44B$2.77B$2.41B$2.02B$1.91B$1.68B$1.18B$769.00M$720.00M$425.00M$899.00M$1.10B$975.00M
Avg Forecast$3.81B$3.76B$3.70B$3.72B$3.76B$3.66B$3.56B$3.56B$3.55B$2.43B$2.19B$2.10B$2.16B$2.21B$1.90B$1.92B$2.08B$2.38B$2.48B$1.95B$1.57B$1.54B$1.36B$1.04B$772.28M$708.41M$577.46M$967.82M$1.09B$1.05B
High Forecast$4.59B$4.54B$4.46B$4.49B$4.53B$4.42B$4.29B$4.32B$4.24B$2.51B$2.19B$2.10B$2.23B$2.32B$2.29B$2.32B$2.44B$2.38B$2.48B$1.95B$1.57B$1.54B$1.36B$1.04B$772.28M$708.41M$577.46M$967.82M$1.09B$1.05B
Low Forecast$3.43B$3.39B$3.34B$3.35B$3.39B$3.30B$3.21B$3.33B$3.30B$2.35B$2.19B$2.10B$2.11B$2.04B$1.71B$1.73B$1.89B$2.38B$2.48B$1.95B$1.57B$1.54B$1.36B$1.04B$772.28M$708.41M$577.46M$967.82M$1.09B$1.05B
# Analysts64464379945481788771271489151099955
Surprise %-------------1.06%1.00%1.00%0.98%1.03%1.11%1.23%1.29%1.24%1.23%1.14%1.00%1.02%0.74%0.93%1.01%0.93%

Diamondback Energy's average Quarter revenue forecast for Dec 23 based on 8 analysts is $2.16B, with a low forecast of $2.11B, and a high forecast of $2.23B. FANG's average Quarter revenue forecast represents a -7.71% decrease compared to the company's last Quarter revenue of $2.34B (Sep 23).

Diamondback Energy EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464379945481788771271489151099955
EBITDA-------------$1.59B$1.41B$1.49B$1.62B$1.96B$2.31B$1.97B$1.63B$1.24B$797.00M$56.56M$-892.73M$-1.36B$-3.03B$-141.00M$-572.00M$508.00M
Avg Forecast$1.40B$1.39B$1.36B$1.37B$1.38B$1.35B$1.31B$1.31B$1.31B$896.77M$808.11M$1.39B$795.47M$814.19M$698.52M$1.26B$1.66B$1.90B$1.99B$1.15B$1.26B$1.23B$1.09B$40.85M$618.66M$567.49M$462.59M$-123.51M$876.36M$841.29M
High Forecast$1.69B$1.67B$1.64B$1.65B$1.67B$1.63B$1.58B$1.59B$1.56B$926.18M$808.11M$1.66B$821.37M$854.84M$842.14M$1.51B$1.99B$1.90B$1.99B$1.38B$1.26B$1.23B$1.09B$49.02M$618.66M$567.49M$462.59M$-98.81M$876.36M$841.29M
Low Forecast$1.26B$1.25B$1.23B$1.24B$1.25B$1.22B$1.18B$1.23B$1.22B$867.36M$808.11M$1.11B$776.97M$750.37M$629.49M$1.01B$1.33B$1.90B$1.99B$916.80M$1.26B$1.23B$1.09B$32.68M$618.66M$567.49M$462.59M$-148.21M$876.36M$841.29M
Surprise %-------------1.96%2.02%1.18%0.98%1.03%1.16%1.72%1.30%1.00%0.73%1.38%-1.44%-2.40%-6.55%1.14%-0.65%0.60%

8 analysts predict FANG's average Quarter EBITDA for Dec 23 to be $795.47M, with a high of $821.37M and a low of $776.97M. This is -50.03% lower than Diamondback Energy's previous annual EBITDA (Sep 23) of $1.59B.

Diamondback Energy Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464379945481788771271489151099955
Net Income-------------$915.00M$556.00M$712.00M$1.01B$1.18B$1.42B$779.00M$1.05B$649.00M$311.00M$223.00K$-739.00M$-1.11B$-2.39B$-272.00M$-487.00M$368.00M
Avg Forecast$933.11M$909.56M$861.04M$862.97M$804.56M$768.19M$722.76M$728.30M$712.63M$822.95M$920.97M$798.38M$961.29M$1.02B$794.38M$725.80M$1.02B$1.15B$1.19B$659.82M$601.00M$497.91M$395.60M$161.06K$150.19M$66.30M$-76.87K$-238.26M$325.35M$303.75M
High Forecast$1.18B$1.15B$1.09B$1.09B$1.02B$973.50M$915.93M$904.86M$848.96M$1.04B$921.01M$958.06M$1.04B$1.14B$1.01B$870.96M$1.22B$1.15B$1.19B$791.78M$601.00M$497.91M$395.60M$193.27K$150.19M$66.30M$-76.87K$-190.61M$325.35M$303.75M
Low Forecast$813.23M$792.70M$750.42M$752.10M$701.20M$669.49M$629.90M$603.91M$656.86M$717.23M$920.92M$638.70M$882.05M$893.61M$692.33M$580.64M$816.54M$1.15B$1.19B$527.85M$601.00M$497.91M$395.60M$128.84K$150.19M$66.30M$-76.87K$-285.92M$325.35M$303.75M
Surprise %-------------0.89%0.70%0.98%0.99%1.03%1.19%1.18%1.75%1.30%0.79%1.38%-4.92%-16.79%31129.27%1.14%-1.50%1.21%

Diamondback Energy's average Quarter net income forecast for Dec 23 is $961.29M, with a range of $882.05M to $1.04B. FANG's average Quarter net income forecast represents a 5.06% increase compared to the company's last Quarter net income of $915.00M (Sep 23).

Diamondback Energy SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464379945481788771271489151099955
SG&A-------------$34.00M$37.00M$40.00M$35.00M$34.00M$39.00M$36.00M$47.00M$38.00M$36.00M$102.00M$61.00M$56.00M$58.00M$64.00M$72.00M$46.00M
Avg Forecast$85.18M$84.09M$82.77M$83.19M$84.00M$81.87M$79.62M$79.57M$79.46M$54.42M$49.04M$36.90M$48.27M$49.41M$42.39M$33.54M$47.88M$53.21M$55.61M$30.49M$35.15M$34.44M$30.47M$73.67M$17.29M$15.86M$12.93M$56.06M$24.49M$23.51M
High Forecast$102.69M$101.38M$99.79M$100.29M$101.27M$98.70M$95.99M$96.47M$94.85M$56.21M$49.04M$44.27M$49.84M$51.88M$51.11M$40.25M$57.45M$53.21M$55.61M$36.59M$35.15M$34.44M$30.47M$88.40M$17.29M$15.86M$12.93M$67.27M$24.49M$23.51M
Low Forecast$76.76M$75.78M$74.59M$74.97M$75.70M$73.78M$71.75M$74.46M$73.80M$52.64M$49.04M$29.52M$47.15M$45.54M$38.20M$26.83M$38.30M$53.21M$55.61M$24.39M$35.15M$34.44M$30.47M$58.93M$17.29M$15.86M$12.93M$44.85M$24.49M$23.51M
Surprise %-------------0.69%0.87%1.19%0.73%0.64%0.70%1.18%1.34%1.10%1.18%1.38%3.53%3.53%4.49%1.14%2.94%1.96%

Diamondback Energy's average Quarter SG&A projection for Dec 23 is $48.27M, based on 8 Wall Street analysts, with a range of $47.15M to $49.84M. The forecast indicates a 41.98% rise compared to FANG last annual SG&A of $34.00M (Sep 23).

Diamondback Energy EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464379945481788771271489151099955
EPS-------------$0.01$3.05$3.88$5.62$6.72$7.95$4.39$5.83$3.59$1.72-$-4.68$-7.05$-15.17$-1.72$-3.04$2.27
Avg Forecast$4.56$4.44$4.21$4.22$3.93$3.75$3.53$3.56$3.48$4.02$4.50$4.47$4.70$5.01$3.88$4.33$5.21$6.45$6.68$4.75$3.37$2.79$2.22$1.81$0.84$0.37$-0.00$1.30$1.82$1.70
High Forecast$5.78$5.63$5.33$5.34$4.98$4.76$4.47$4.42$4.15$5.09$4.50$4.47$5.07$5.55$4.92$5.49$6.39$6.45$6.68$4.75$3.37$2.79$2.22$1.81$0.84$0.37$-0.00$1.30$1.82$1.70
Low Forecast$3.97$3.87$3.67$3.67$3.42$3.27$3.08$2.95$3.21$3.50$4.50$4.46$4.31$4.36$3.38$3.78$4.59$6.45$6.68$4.75$3.37$2.79$2.22$1.81$0.84$0.37$-0.00$1.30$1.82$1.70
Surprise %-------------0.00%0.79%0.90%1.08%1.04%1.19%0.92%1.73%1.29%0.78%0.00%-5.56%-18.97%35197.22%-1.33%-1.67%1.33%

According to 8 Wall Street analysts, Diamondback Energy's projected average Quarter EPS for Dec 23 is $4.70, with a low estimate of $4.31 and a high estimate of $5.07. This represents a 91966.27% increase compared to FANG previous annual EPS of $0.01 (Sep 23).

Diamondback Energy Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DVNDevon Energy$33.81$50.5049.36%Buy
VTLEVital Energy$32.47$48.0047.83%Hold
COPConocoPhillips$101.16$142.0040.37%Buy
FANGDiamondback Energy$168.71$221.8231.48%Buy
OXYOccidental Petroleum$49.98$65.3830.81%Buy
HESHess$136.70$169.0023.63%Hold
CTRACoterra Energy$26.52$32.5022.55%Buy
APAAPA$23.18$28.0821.14%Buy
EOGEOG Resources$126.22$147.0016.46%Buy
ARAntero Resources$35.73$35.25-1.34%Buy
EQTEQT$47.54$43.00-9.55%Buy

FANG Forecast FAQ


Is Diamondback Energy a good buy?

Yes, according to 16 Wall Street analysts, Diamondback Energy (FANG) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 14 'Buy' recommendations, accounting for 93.75% of FANG's total ratings.

What is FANG's price target?

Diamondback Energy (FANG) average price target is $221.82 with a range of $195 to $252, implying a 31.41% from its last price of $168.8. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Diamondback Energy stock go up soon?

According to Wall Street analysts' prediction for FANG stock, the company can go up by 31.41% (from the last price of $168.8 to the average price target of $221.82), up by 49.29% based on the highest stock price target, and up by 15.52% based on the lowest stock price target.

Can Diamondback Energy stock reach $300?

FANG's average twelve months analyst stock price target of $221.82 does not support the claim that Diamondback Energy can reach $300 in the near future.

What is Diamondback Energy's current price target trend?

1 Wall Street analyst forecast a $252 price target for Diamondback Energy (FANG) this month, up 49.29% from its last price of $168.8. Compared to the last 3 and 12 months, the average price target increased by 32.11% and increased by 32.30%, respectively.

What are Diamondback Energy's analysts' financial forecasts?

Diamondback Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $14.54B (high $17.56B, low $13.23B), average EBITDA is $5.36B (high $6.47B, low $4.87B), average net income is $3.02B (high $3.81B, low $2.6B), average SG&A $325.06M (high $392.43M, low $295.69M), and average EPS is $14.77 (high $18.63, low $12.72). FANG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15B (high $18.08B, low $13.51B), average EBITDA is $5.52B (high $6.66B, low $4.98B), average net income is $3.57B (high $4.52B, low $3.11B), average SG&A $335.22M (high $404.14M, low $302.1M), and average EPS is $17.42 (high $22.08, low $15.18).

Did the FANG's actual financial results beat the analysts' financial forecasts?

Based on Diamondback Energy's last annual report (Dec 2022), the company's revenue was $9.64B, beating the average analysts forecast of $8.89B by 8.45%. Apple's EBITDA was $7.86B, beating the average prediction of $6.7B by 17.27%. The company's net income was $4.39B, beating the average estimation of $4.02B by 9.05%. Apple's SG&A was $144M, missing the average forecast of $187.19M by -23.07%. Lastly, the company's EPS was $24.61, beating the average prediction of $23.09 by 6.56%. In terms of the last quarterly report (Sep 2023), Diamondback Energy's revenue was $2.34B, beating the average analysts' forecast of $2.21B by 5.86%. The company's EBITDA was $1.59B, beating the average prediction of $814.19M by 95.53%. Diamondback Energy's net income was $915M, missing the average estimation of $1.02B by -10.72%. The company's SG&A was $34M, missing the average forecast of $49.41M by -31.19%. Lastly, the company's EPS was $0.0051, missing the average prediction of $5.01 by -99.90%