Diamondback Energy (NASDAQ:FANG) is a prominent player in the oil and gas sector, focusing on exploration and production within the United States. The company is part of the Zacks Oil and Gas - Exploration and Production - United States industry. On November 4, 2025, Roth Capital reaffirmed its "Buy" rating for FANG, with the stock priced at around $138.21. Roth Capital also adjusted its price target from $160 to $162, indicating confidence in the company's future performance.
Diamondback Energy's recent financial performance supports Roth Capital's positive outlook. In the third quarter, the company reported earnings per share (EPS) of $3.08, surpassing the Zacks Consensus Estimate of $2.85. This represents an earnings surprise of 8.07%, despite being lower than the $3.38 EPS from the previous year. The company has consistently exceeded EPS estimates over the past four quarters, showcasing its ability to outperform market expectations.
Revenue figures further highlight Diamondback Energy's strong performance. For the quarter ending September 2025, the company generated $3.92 billion in revenue, exceeding the Zacks Consensus Estimate by 13.36%. This marks a significant increase from the $2.65 billion reported in the same quarter last year. Such robust revenue growth underscores the company's effective operations and strategic positioning within the industry.
Despite these positive financial results, FANG's stock price has experienced some fluctuations. Currently, the stock is priced at approximately $137.60, reflecting a decrease of about 2.60% from the previous day. The stock has seen a daily range between $137.50 and $141.59. Over the past year, FANG has reached a high of $186.07 and a low of $114, indicating some volatility in its market performance.
Diamondback Energy's market capitalization stands at approximately $39.83 billion, reflecting its substantial presence in the industry. Today's trading volume for FANG is 784,605 shares on the NASDAQ exchange, indicating active investor interest. Despite recent stock price fluctuations, the company's strong financial performance and Roth Capital's maintained "Buy" rating suggest a positive outlook for Diamondback Energy.
