Diamondback Energy (FANG) Stock Forecast, Price Target & Predictions
FANG Stock Forecast
Diamondback Energy stock forecast is as follows: an average price target of $182.38 (represents a 5.78% upside from FANG’s last price of $172.42) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.
FANG Price Target
The average price target for Diamondback Energy (FANG) is $182.38 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $249.00 to $95.00. This represents a potential 5.78% upside from FANG's last price of $172.42.
FANG Analyst Ratings
According to 15 Wall Street analysts, Diamondback Energy's rating consensus is 'Buy'. The analyst rating breakdown for FANG stock is 1 'Strong Buy' (6.67%), 11 'Buy' (73.33%), 3 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Diamondback Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Tim Rezvan | KeyBanc | $225.00 | $168.50 | 33.53% | 30.50% |
| Sep 04, 2024 | Biju Perincheril | Susquehanna | $237.00 | $187.48 | 26.41% | 37.46% |
| Aug 12, 2024 | Bob Brackett | Bernstein | $238.00 | $199.77 | 19.14% | 38.04% |
| Jul 22, 2024 | Neal Dingmann | Truist Financial | $249.00 | $205.47 | 21.19% | 44.41% |
| Jun 06, 2024 | Bob Brackett | Bernstein | $243.00 | $189.19 | 28.44% | 40.93% |
| May 06, 2024 | Scott Hanold | RBC Capital | $220.00 | $201.50 | 9.18% | 27.60% |
| May 02, 2024 | Roger Read | Wells Fargo | $224.00 | $196.01 | 14.28% | 29.92% |
| Apr 17, 2024 | Roger Read | Wells Fargo | $227.00 | $203.95 | 11.30% | 31.66% |
| Apr 11, 2024 | Nitin Kumar | Mizuho Securities | $217.00 | $206.23 | 5.22% | 25.86% |
| Apr 05, 2024 | Neal Dingmann | Truist Financial | $248.00 | $201.29 | 23.21% | 43.83% |
The latest Diamondback Energy stock forecast, released on Sep 11, 2024 by Tim Rezvan from KeyBanc, set a price target of $225.00, which represents a 33.53% increase from the stock price at the time of the forecast ($168.50), and a 30.50% increase from FANG last price ($172.42).
Diamondback Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 13 |
| Avg Price Target | $231.00 | $237.25 | $226.77 |
| Last Closing Price | $172.42 | $172.42 | $172.42 |
| Upside/Downside | 33.98% | 37.60% | 31.52% |
In the current month, the average price target of Diamondback Energy stock is $231.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 33.98% increase as opposed to Diamondback Energy's last price of $172.42. This month's average price target is down -2.63% compared to last quarter, and up 1.87% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 11, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Sep 04, 2024 | Susquehanna | Positive | Positive | Hold |
| Aug 12, 2024 | Bernstein | Outperform | Outperform | Hold |
| Aug 07, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 06, 2024 | Scotiabank | Underperform | Underperform | Hold |
| Aug 06, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jul 18, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 18, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jul 17, 2024 | Wolfe Research | - | Peer Perform | Initialise |
| Jul 17, 2024 | Susquehanna | Underperform | Underperform | Hold |
Diamondback Energy's last stock rating was published by KeyBanc on Sep 11, 2024. The company gave FANG a "Overweight" rating, the same as its previous rate.
Diamondback Energy Financial Forecast
Diamondback Energy Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.34B | $1.90B | $1.93B | $2.03B | $2.44B | - | $2.41B | $2.02B | $1.91B | $1.68B | $1.18B | $769.00M | $720.00M | $425.00M | $899.00M | $1.10B | $975.00M |
| Avg Forecast | $3.85B | $3.83B | $3.79B | $3.78B | $3.99B | $3.94B | $3.74B | $3.74B | $2.90B | $2.28B | $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 | $4.66B | $4.63B | $4.58B | $4.57B | $4.83B | $4.77B | $4.52B | $4.53B | $3.51B | $2.36B | $2.66B | $2.54B | $2.23B | $2.32B | $2.29B | $2.33B | $2.52B | $2.88B | $2.48B | $2.08B | $1.67B | $1.64B | $1.45B | $1.11B | $822.70M | $754.66M | $615.16M | $1.03B | $1.17B | $1.12B |
| Low Forecast | $3.50B | $3.48B | $3.44B | $3.44B | $3.63B | $3.59B | $3.40B | $3.40B | $2.63B | $2.21B | $1.99B | $1.91B | $2.11B | $2.04B | $1.72B | $1.75B | $1.89B | $2.16B | $2.48B | $1.76B | $1.41B | $1.39B | $1.23B | $935.59M | $695.49M | $637.97M | $520.04M | $871.59M | $985.20M | $945.77M |
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 5 | 6 | 12 | 11 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.00% | 1.00% | 0.98% | 1.03% | - | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 5 | 6 | 12 | 11 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.59B | $1.41B | $1.49B | $1.62B | $1.96B | - | $1.97B | $1.63B | $1.24B | $797.00M | $56.56M | $-892.73M | $-1.36B | $-3.03B | $-141.00M | $-572.00M | $508.00M |
| Avg Forecast | $3.09B | $3.06B | $3.03B | $3.03B | $3.20B | $3.16B | $2.99B | $3.00B | $2.32B | $1.83B | $1.76B | $1.39B | $1.73B | $1.77B | $1.52B | $1.26B | $1.67B | $1.49B | $1.99B | $1.15B | $1.51B | $1.18B | $743.87M | $40.85M | $-881.71M | $-1.03B | $-14.99B | $-123.51M | $-530.69M | $589.28M |
| High Forecast | $3.73B | $3.71B | $3.67B | $3.66B | $3.87B | $3.82B | $3.62B | $3.63B | $2.81B | $1.89B | $2.13B | $1.66B | $1.79B | $1.86B | $1.84B | $1.51B | $2.02B | $1.79B | $1.99B | $1.38B | $1.81B | $1.41B | $892.64M | $49.02M | $-705.37M | $-822.99M | $-11.99B | $-98.81M | $-424.55M | $707.14M |
| Low Forecast | $2.80B | $2.79B | $2.76B | $2.75B | $2.91B | $2.87B | $2.72B | $2.73B | $2.11B | $1.77B | $1.60B | $1.11B | $1.69B | $1.63B | $1.38B | $1.01B | $1.51B | $1.19B | $1.99B | $916.80M | $1.21B | $943.05M | $595.09M | $32.68M | $-1.06B | $-1.23B | $-17.99B | $-148.21M | $-636.83M | $471.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.93% | 1.18% | 0.97% | 1.31% | - | 1.72% | 1.08% | 1.05% | 1.07% | 1.38% | 1.01% | 1.33% | 0.20% | 1.14% | 1.08% | 0.86% |
8 analysts predict FANG's average Quarter EBITDA for Dec 23 to be $1.73B, with a high of $1.79B and a low of $1.69B. This is 8.67% upper than Diamondback Energy's previous annual EBITDA (Sep 23) of $1.59B.
Diamondback Energy Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 5 | 6 | 12 | 11 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $915.00M | $556.00M | $712.00M | $1.01B | $1.18B | - | $779.00M | $1.05B | $649.00M | $311.00M | $223.00K | $-739.00M | $-1.11B | $-2.39B | $-272.00M | $-487.00M | $368.00M |
| Avg Forecast | $958.04M | $936.13M | $900.02M | $911.00M | $909.46M | $903.14M | $876.32M | $890.19M | $885.91M | $845.63M | $802.34M | $798.38M | $837.47M | $892.83M | $692.06M | $725.80M | $929.35M | $783.00M | $1.19B | $659.82M | $927.89M | $618.98M | $290.27M | $161.06K | $-729.88M | $-839.43M | $-11.85B | $-238.26M | $-451.83M | $426.88M |
| High Forecast | $1.22B | $1.19B | $1.15B | $1.16B | $1.16B | $1.15B | $1.12B | $1.13B | $1.13B | $1.03B | $1.02B | $958.06M | $904.68M | $989.01M | $881.16M | $870.96M | $1.18B | $939.60M | $1.19B | $791.78M | $1.11B | $742.77M | $348.32M | $193.27K | $-583.90M | $-671.55M | $-9.48B | $-190.61M | $-361.46M | $512.26M |
| Low Forecast | $844.64M | $825.33M | $793.50M | $803.17M | $801.82M | $796.25M | $772.60M | $784.83M | $781.06M | $721.84M | $707.38M | $638.70M | $768.44M | $778.51M | $610.15M | $580.64M | $819.35M | $626.40M | $1.19B | $527.85M | $742.31M | $495.18M | $232.21M | $128.84K | $-875.85M | $-1.01B | $-14.21B | $-285.92M | $-542.19M | $341.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.80% | 0.98% | 1.08% | 1.51% | - | 1.18% | 1.13% | 1.05% | 1.07% | 1.38% | 1.01% | 1.33% | 0.20% | 1.14% | 1.08% | 0.86% |
Diamondback Energy's average Quarter net income forecast for Dec 23 is $837.47M, with a range of $768.44M to $904.68M. FANG's average Quarter net income forecast represents a -8.47% decrease compared to the company's last Quarter net income of $915.00M (Sep 23).
Diamondback Energy SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 5 | 6 | 12 | 11 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $34.00M | $37.00M | $40.00M | $35.00M | $34.00M | - | $36.00M | $47.00M | $38.00M | $36.00M | $102.00M | $61.00M | $56.00M | $58.00M | $64.00M | $72.00M | $46.00M |
| Avg Forecast | $86.23M | $85.64M | $84.76M | $84.60M | $89.38M | $88.29M | $83.65M | $83.80M | $64.83M | $51.01M | $49.11M | $36.90M | $48.34M | $49.48M | $42.45M | $33.54M | $46.53M | $45.85M | $55.61M | $30.49M | $43.52M | $36.24M | $33.60M | $73.67M | $60.25M | $42.24M | $287.10M | $56.06M | $66.80M | $53.36M |
| High Forecast | $104.35M | $103.64M | $102.58M | $102.38M | $108.17M | $106.85M | $101.24M | $101.41M | $78.46M | $52.83M | $59.43M | $44.27M | $49.91M | $51.95M | $51.37M | $40.25M | $56.32M | $55.02M | $55.61M | $36.59M | $52.23M | $43.49M | $40.32M | $88.40M | $72.30M | $50.68M | $344.52M | $67.27M | $80.16M | $64.03M |
| Low Forecast | $78.38M | $77.85M | $77.05M | $76.90M | $81.25M | $80.25M | $76.04M | $76.17M | $58.93M | $49.43M | $44.64M | $29.52M | $47.22M | $45.60M | $38.58M | $26.83M | $42.30M | $36.68M | $55.61M | $24.39M | $34.82M | $28.99M | $26.88M | $58.93M | $48.20M | $33.79M | $229.68M | $44.85M | $53.44M | $42.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 0.87% | 1.19% | 0.75% | 0.74% | - | 1.18% | 1.08% | 1.05% | 1.07% | 1.38% | 1.01% | 1.33% | 0.20% | 1.14% | 1.08% | 0.86% |
Diamondback Energy's average Quarter SG&A projection for Dec 23 is $48.34M, based on 8 Wall Street analysts, with a range of $47.22M to $49.91M. The forecast indicates a 42.18% rise compared to FANG last annual SG&A of $34.00M (Sep 23).
Diamondback Energy EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 5 | 6 | 12 | 11 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.01 | $3.05 | $3.88 | $5.62 | $6.72 | - | $4.39 | $5.83 | $3.59 | $1.72 | - | $-4.68 | $-7.05 | $-15.17 | $-1.72 | $-3.04 | $2.27 |
| Avg Forecast | $5.37 | $5.25 | $5.05 | $5.11 | $5.10 | $5.06 | $4.91 | $4.99 | $4.97 | $4.74 | $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 | $6.84 | $6.68 | $6.42 | $6.50 | $6.49 | $6.45 | $6.26 | $6.35 | $6.32 | $5.79 | $5.73 | $5.69 | $5.07 | $5.55 | $4.94 | $5.52 | $6.63 | $8.21 | $6.68 | $5.16 | $3.66 | $3.03 | $2.41 | $1.96 | $0.91 | $0.40 | $-0.00 | $1.41 | $1.98 | $1.85 |
| Low Forecast | $4.74 | $4.63 | $4.45 | $4.50 | $4.50 | $4.46 | $4.33 | $4.40 | $4.38 | $4.05 | $3.97 | $3.94 | $4.31 | $4.36 | $3.42 | $3.82 | $4.59 | $5.68 | $6.68 | $4.14 | $2.93 | $2.43 | $1.93 | $1.57 | $0.73 | $0.32 | $-0.00 | $1.13 | $1.59 | $1.48 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.79% | 0.90% | 1.08% | 1.04% | - | 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| VTLE | Vital Energy | $26.43 | $60.83 | 130.16% | Hold |
| APA | APA | $23.94 | $43.52 | 81.79% | Buy |
| DVN | Devon Energy | $39.45 | $64.04 | 62.33% | Buy |
| AR | Antero Resources | $26.49 | $39.65 | 49.68% | Buy |
| CTRA | Coterra Energy | $22.78 | $29.53 | 29.63% | Buy |
| EQT | EQT | $33.19 | $41.00 | 23.53% | Buy |
| OXY | Occidental Petroleum | $51.05 | $62.35 | 22.14% | Buy |
| COP | ConocoPhillips | $103.50 | $123.86 | 19.67% | Buy |
| EOG | EOG Resources | $119.37 | $131.79 | 10.40% | Buy |
| FANG | Diamondback Energy | $172.42 | $182.38 | 5.78% | Buy |
| HES | Hess | $128.57 | $132.79 | 3.28% | Hold |
FANG Forecast FAQ
Is Diamondback Energy a good buy?
Yes, according to 15 Wall Street analysts, Diamondback Energy (FANG) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 11 'Buy' recommendations, accounting for 80.00% of FANG's total ratings.
What is FANG's price target?
Diamondback Energy (FANG) average price target is $182.38 with a range of $95 to $249, implying a 5.78% from its last price of $172.42. The data is based on 15 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 5.78% (from the last price of $172.42 to the average price target of $182.38), up by 44.41% based on the highest stock price target, and down by -44.90% based on the lowest stock price target.
Can Diamondback Energy stock reach $300?
FANG's average twelve months analyst stock price target of $182.38 does not support the claim that Diamondback Energy can reach $300 in the near future.
What is Diamondback Energy's current price target trend?
2 Wall Street analysts forecast a $231 price target for Diamondback Energy (FANG) this month, up 33.98% from its last price of $172.42. Compared to the last 3 and 12 months, the average price target increased by 37.60% and increased by 31.52%, 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 $15.42B (high $18.66B, low $14.01B), average EBITDA is $12.35B (high $14.95B, low $11.23B), average net income is $3.58B (high $4.56B, low $3.16B), average SG&A $345.12M (high $417.66M, low $313.7M), and average EPS is $20.07 (high $25.55, low $17.69). FANG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15.24B (high $18.45B, low $13.86B), average EBITDA is $12.21B (high $14.78B, low $11.1B), average net income is $3.71B (high $4.72B, low $3.27B), average SG&A $341.23M (high $412.95M, low $310.16M), and average EPS is $20.77 (high $26.45, low $18.31).
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 $6.29B by 24.92%. The company's net income was $4.39B, beating the average estimation of $3.56B by 23.03%. Apple's SG&A was $144M, missing the average forecast of $178.49M by -19.32%. 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, missing the average prediction of $1.77B by -10.09%. Diamondback Energy's net income was $915M, beating the average estimation of $892.83M by 2.48%. The company's SG&A was $34M, missing the average forecast of $49.48M by -31.28%. Lastly, the company's EPS was $0.0051, missing the average prediction of $5.01 by -99.90%