Cullen Investment Group LTD. Reduces Stock Position in Diamondback Energy, Inc. $FANG

Cullen Investment Group LTD. cut its stake in Diamondback Energy, Inc. (NASDAQ:FANG) by 21.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 11,128 shares of the oil and natural gas company’s stock after selling 3,013 shares during the period. Cullen Investment Group LTD.’s holdings in Diamondback Energy were worth $1,640,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in FANG. Scotia Capital Inc. boosted its holdings in Diamondback Energy by 0.3% in the third quarter. Scotia Capital Inc. now owns 19,719 shares of the oil and natural gas company’s stock worth $2,822,000 after purchasing an additional 68 shares during the last quarter. Equitable Trust Co. grew its position in Diamondback Energy by 0.7% in the 3rd quarter. Equitable Trust Co. now owns 10,030 shares of the oil and natural gas company’s stock worth $1,435,000 after purchasing an additional 73 shares during the period. Valeo Financial Advisors LLC raised its stake in Diamondback Energy by 3.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 2,568 shares of the oil and natural gas company’s stock valued at $367,000 after buying an additional 74 shares during the last quarter. 180 Wealth Advisors LLC raised its stake in Diamondback Energy by 2.9% during the 4th quarter. 180 Wealth Advisors LLC now owns 2,725 shares of the oil and natural gas company’s stock valued at $410,000 after buying an additional 78 shares during the last quarter. Finally, Fulton Bank N.A. lifted its holdings in shares of Diamondback Energy by 1.8% during the 4th quarter. Fulton Bank N.A. now owns 4,400 shares of the oil and natural gas company’s stock valued at $661,000 after buying an additional 78 shares during the period. 90.01% of the stock is owned by hedge funds and other institutional investors.

Diamondback Energy Price Performance

Shares of Diamondback Energy stock opened at $196.02 on Thursday. Diamondback Energy, Inc. has a one year low of $114.00 and a one year high of $199.96. The stock’s fifty day moving average is $171.08 and its 200 day moving average is $154.99. The stock has a market cap of $55.14 billion, a P/E ratio of 34.94 and a beta of 0.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42.

Diamondback Energy (NASDAQ:FANG) last released its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.26). The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. The business’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same period in the prior year, the firm posted $3.67 EPS. Sell-side analysts anticipate that Diamondback Energy, Inc. will post 15.49 earnings per share for the current year.

Diamondback Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, March 5th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s payout ratio is presently 74.87%.

Insider Activity at Diamondback Energy

In other Diamondback Energy news, Director Steven E. West sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $188.35, for a total transaction of $1,130,100.00. Following the sale, the director owned 4,484 shares in the company, valued at approximately $844,561.40. This trade represents a 57.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles Alvin Meloy sold 60,605 shares of Diamondback Energy stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the transaction, the director directly owned 982,006 shares in the company, valued at $158,220,806.72. This represents a 5.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,209,212 shares of company stock worth $199,689,401 in the last quarter. 0.70% of the stock is currently owned by insiders.

Trending Headlines about Diamondback Energy

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Analyst upgrades and new coverage — Truist initiated coverage and set a $222 price target (buy/strong‑buy), which signals institutional conviction and provides near‑term upside catalysts for investors. Truist Coverage
• Positive Sentiment: Post‑earnings rally / momentum — Publications note FANG is up ~14.2% since the company’s last earnings report, and analysts are re‑pricing estimates and sentiment accordingly; that momentum helps attract buyers and technical momentum traders. Diamondback Up 14.2% Since Earnings
• Positive Sentiment: Relative strength in an otherwise weak market — Coverage explains why the broader market dipped while FANG gained, indicating stock‑specific drivers (analyst action, sector flows) rather than broad risk appetite. Why the Market Dipped But FANG Gained
• Neutral Sentiment: Energy‑sector tailwinds and thematic coverage — Roundups naming top energy picks (Goldman Sachs / other outlets) keep the sector in focus; this can be supportive but only material if Diamondback is specifically highlighted by those institutions. Goldman Sachs Energy Picks
• Neutral Sentiment: Short‑interest reporting appears anomalous — multiple reports show a “large increase” but list zero shares / NaN changes and 0.0 days to cover; this looks like a data/reporting error and is unlikely to be a genuine new short pressure signal until corrected.
• Negative Sentiment: Earnings miss and softer revenue trend — Diamondback’s recent quarter missed EPS and was slightly below revenue consensus, with revenue down year‑over‑year; that weak fundamental print is the key downside risk that could cap multiple expansion despite analyst upgrades.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Mizuho raised their price target on Diamondback Energy from $205.00 to $220.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Wells Fargo & Company increased their target price on Diamondback Energy from $171.00 to $202.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Freedom Capital raised Diamondback Energy to a “strong-buy” rating in a research report on Tuesday, March 10th. TD Cowen raised shares of Diamondback Energy to a “strong-buy” rating in a research report on Monday, February 9th. Finally, Citigroup lowered their price objective on shares of Diamondback Energy from $180.00 to $178.00 and set a “buy” rating on the stock in a research note on Tuesday, January 6th. Four equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $194.48.

Diamondback Energy Company Profile

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.