What is the 13F Pro Quality Score for FANG?

13F Pro ranks Diamondback Energy, Inc. (FANG) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View FANG's current score at https://13fpro.ai/company/FANG (free sign-up required for the full ranking).

Where does 13F Pro source FANG data?

All Diamondback Energy, Inc. fundamentals and ownership data come directly from SEC EDGAR. Diamondback Energy, Inc. files with the SEC under CIK 1539838. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is FANG in?

Diamondback Energy, Inc. (FANG) is classified in the Energy sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/energy.

What drives FANG's revenue?

Per Diamondback Energy, Inc.'s latest 10-Q filed with the SEC on 2026-08-05, the biggest revenue drivers are: Oil sales ($4,627M); Sales of purchased oil ($739M); Natural gas liquid sales ($435M). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/FANG.

What are FANG's largest expenses?

Diamondback Energy, Inc.'s latest 10-Q reports these as the largest expense items: Depreciation, depletion, amortization and accretion ($1,272M); Purchased oil expense ($730M); Lease operating expenses ($552M). Sourced directly from SEC EDGAR filing text for Q2 2026 (quarter ended June 30, 2026).

How often is FANG research updated on 13F Pro?

FANG's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Diamondback Energy, Inc.(FANG)Stock Analysis

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13F Pro Quality Score

76.1/100

Rank #89 of 2,961 stocksTOP 5%

View Energy peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

90.8/100

Profitability

44.8/100

Balance Sheet

53.4/100

Earnings Quality

89.7/100

Free Cash Flow

97.1/100

Institutional Flow

83.5/100

Revenue Scale

91.4/100

Dilution Risk

77.5/100

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Why FANG Scores 76/100

exact factor attribution · 2026-09-11

FANG's composite is driven by revenue growth and free cash flow, held back by earnings growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+8.2 pts

91th pct

Free cash flow

+7.1 pts

97th pct

Scale

+6.2 pts

91th pct

Earnings quality

+4.0 pts

90th pct

Institutional flow

+1.7 pts

84th pct

Shareholder dilution

+1.4 pts

78th pct

Capital efficiency

+0.3 pts

53th pct

Profitability

-0.8 pts

45th pct

Earnings growth

-1.9 pts

12th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

FANG Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Diamondback Energy, Inc. (FANG), a Energy sector company. 13F Pro's AI-powered ranking engine scores FANG at 76.1/100 on a 32-signal composite quality model, placing it at rank #89 of 2,961 stocks — the top 5% of the AI-ranked universe. FANG scores in the top quartile across free cash flow (97.1), revenue scale (91.4), revenue growth (90.8). Based on the latest XBRL financial filings (Q2 2026), Diamondback Energy, Inc. reports quarterly revenue of $5.6B, net income of $1.9B. Top institutional holders of FANG by reported 13-F value include BlackRock, WELLINGTON MANAGEMENT GROUP LLP, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. FANG trades on the Nasdaq exchange and files with the SEC under CIK 1539838. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FANG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Diamondback Energy, Inc. directly from SEC EDGAR. Diamondback Energy, Inc.'s 13F Pro composite quality score has ranged between 49 and 88 since 2021, currently 76.1 — an improving long-term trajectory across 67 quarterly and live scoring snapshots.

✦

Fun facts about Diamondback Energy, Inc.

Quirks, history, and lore behind FANG — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. energy company · independent oil and gas producer · listed on Nasdaq · headquartered in West Texas.
2
The Numbers
Produces roughly 400,000+ barrels of oil equivalent per day, making it one of the largest operators in the Permian Basin — revenue in the multi-billion dollar range annually.
3
The History
Founded in 2007 and grew aggressively through acquisitions, including a major deal to absorb QEP Resources and later FireBird Energy, consolidating its grip on West Texas acreage.
4
The Secret
The company is laser-focused on a single basin — no diversification, no offshore, no international — just pure Permian Basin shale, drilled as efficiently as possible.
5
The Lore
Its ticker is one of the most misleading on Wall Street — it has nothing to do with tech, yet it shares a symbol with a famous group of internet giants once called the FANG stocks.
6
The Giveaway
An oil driller named after a rattlesnake, trading under the ticker FANG, pumping crude from the Permian Basin out of Midland, Texas.

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What's Driving FANG's Business? Latest 10-Q Breakdown

✓ 29/29 datapoints verified

AI-extracted from Diamondback Energy, Inc.'s 10-Q filed 2026-08-05 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 revenue of $5,562M and net income of $1.9 billion as oil realizations reached $96.82 per Bbl and production hit 1,017.7 MBOE/d, while natural gas sales swung to negative $276M.

Biggest Revenue Drivers

Oil sales$4,627M

Oil, natural gas and NGL revenues rose $961 million versus Q1 2026, including $861 million attributable largely to higher average prices received for oil production.

Sales of purchased oil$739M

Purchase and separate sale transactions with third parties to satisfy unused oil pipeline capacity commitments; net purchased oil sales were only $9 million.

Biggest Revenue Drivers

Total revenue: $5,562M

Oil sales$4,627M

Oil, natural gas and NGL revenues rose $961 million versus Q1 2026, including $861 million attributable largely to higher average prices received for oil production.

Sales of purchased oil$739M

Purchase and separate sale transactions with third parties to satisfy unused oil pipeline capacity commitments; net purchased oil sales were only $9 million.

Natural gas liquid sales$435M

Realized NGL price of $18.56 per Bbl versus $16.68 in the first quarter of 2026.

Natural gas sales$(276)M

Realizations adversely affected by widening Waha Hub-to-Henry Hub basis differentials from Permian takeaway constraints, producing periods of negative pricing at Waha Hub.

Largest Expense Items

Depreciation, depletion, amortization and accretion$1,272M

Depletion fell $25 million versus Q1: an $89 million reduction from the lower depletion rate after the Q1 impairment, offset by $64 million from higher volumes.

Purchased oil expense$730M

Cost of third-party oil purchases entered into to satisfy unused oil pipeline capacity commitments.

Lease operating expenses$552M

Increased versus Q1 primarily due to higher production volumes, largely offset by the Company's cost discipline initiatives; $5.96 per BOE versus $6.21.

Production and ad valorem taxes$302M

$3.26 per BOE, or 6.3% of oil, gas and NGL revenue; ad valorem taxes fell as valuations reflect lower 2025 commodity prices.

Margins: Cash operating costs were $10.96 per BOE, and the combined realized price rose to $51.68 per BOE from $43.40 in Q1 2026. No ceiling test impairment was recorded for the quarter.

Watch Items from the Filing

Natural gas sales were negative $(276)M on Waha Hub basis differentials and periods of negative pricing; the Company expects takeaway constraints to ease later in 2026.
A $1.4 billion non-cash ceiling test impairment was recorded in Q1 2026 on lower SEC Prices; management does not expect additional impairment in Q3 2026.
Approximately $1.5 billion of senior notes mature within 12 months against $3.4 billion of liquidity and $12,614M of total debt, net.
Board doubled the repurchase authorization from $8.0 billion to $16.0 billion and removed the minimum 50% return of capital commitment; $9.9 billion remained at July 31, 2026.
Endeavor equityholders held approximately 26.7% of common stock; SGF may sell up to 3.0 million shares per quarter to the Company through December 31, 2026.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$5.6B

Net Income

Q2 2026

$1.9B

ROIC

Q2 2026

19.9%

D/E Ratio

Q2 2026

0.33

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+35.8% YoY

$15.03BFY 2025

FY22 $9.64BFY23 $8.41BFY24 $11.07BFY25 $15.03B

Net Income

-50.1% YoY

$1.66BFY 2025

FY22 $4.39BFY23 $3.14BFY24 $3.34BFY25 $1.66B

Operating Income

-71.2% YoY

$1.27BFY 2025

FY22 $6.51BFY23 $4.57BFY24 $4.40BFY25 $1.27B

EPS (Diluted)

-63.1% YoY

$5.73FY 2025

FY22 $24.61FY23 $17.34FY24 $15.53FY25 $5.73

Total Assets

+5.6% YoY

$71.06BFY 2025

FY22 $26.21BFY23 $29.00BFY24 $67.29BFY25 $71.06B

Total Debt

+11.7% YoY

$14.49BFY 2025

FY22 $6.25BFY23 $6.64BFY24 $12.97BFY25 $14.49B

Op. Cash Flow

+36.6% YoY

$8.76BFY 2025

FY22 $6.33BFY23 $5.92BFY24 $6.41BFY25 $8.76B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$15.03B +35.8%	$11.07B +31.6%	$8.41B -12.8%	$9.64B +41.9%	$6.80B +141.6%	$2.81B
Net Income	$1.66B -50.1%	$3.34B +6.2%	$3.14B -28.3%	$4.39B +101.0%	$2.18B +148.3%	$-4.52B
Operating Income	$1.27B -71.2%	$4.40B -3.8%	$4.57B -29.8%	$6.51B +62.7%	$4.00B +173.1%	$-5.48B
EPS (Diluted)	$5.73 -63.1%	$15.53 -10.4%	$17.34 -29.5%	$24.61 +101.1%	$12.24 +142.8%	$-28.61
Total Assets	$71.06B +5.6%	$67.29B +132.0%	$29.00B +10.7%	$26.21B +14.5%	$22.90B +30.0%	$17.62B
Total Debt	$14.49B +11.7%	$12.97B +95.4%	$6.64B +6.3%	$6.25B -6.6%	$6.69B +15.0%	$5.82B
Operating Cash Flow	$8.76B +36.6%	$6.41B +8.3%	$5.92B -6.4%	$6.33B +60.4%	$3.94B +86.2%	$2.12B

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Available Research

13F Pro tracks comprehensive data for Diamondback Energy, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of FANG

BlackRock, Inc.
$3.3B18,792,594 sh
WELLINGTON MANAGEMENT GROUP LLP
$2.9B16,420,247 sh
VANGUARD CAPITAL MANAGEMENT LLC
$2.2B12,775,007 sh
STATE STREET CORP
$2.2B12,562,224 sh
Invesco Ltd.
$2.0B11,180,445 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.7B9,706,610 sh
Capital World Investors
$1.6B8,944,927 sh
Boston Partners
$1.0B5,850,054 sh
GEODE CAPITAL MANAGEMENT, LLC
$943.4M5,387,025 sh
Bank of New York Mellon Corp
$852.8M4,851,470 sh

Fund	Value	Shares
BlackRock, Inc.	$3.3B	18,792,594
WELLINGTON MANAGEMENT GROUP LLP	$2.9B	16,420,247
VANGUARD CAPITAL MANAGEMENT LLC	$2.2B	12,775,007
STATE STREET CORP	$2.2B	12,562,224
Invesco Ltd.	$2.0B	11,180,445
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.7B	9,706,610
Capital World Investors	$1.6B	8,944,927
Boston Partners	$1.0B	5,850,054
GEODE CAPITAL MANAGEMENT, LLC	$943.4M	5,387,025
Bank of New York Mellon Corp	$852.8M	4,851,470

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Is FANG a good stock to buy?

13F Pro's AI-powered analysis of Diamondback Energy, Inc. (FANG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FANG are available on the FANG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. FANG is classified as a large company.

Which hedge funds own FANG?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FANG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Diamondback Energy, Inc.'s investment landscape.