Diamondback Energy, Inc.(FANG)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #29 of 2,879 stocksTOP 5%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
FANG Stock Analysis & AI Quality Score
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 81.4/100 on a 32-signal composite quality model, placing it at rank #29 of 2,879 stocks — the top 5% of the AI-ranked universe. FANG scores in the top quartile across free cash flow (93.0), revenue scale (91.0), revenue growth (89.8). Based on the latest XBRL financial filings (Q1 2026), Diamondback Energy, Inc. reports quarterly revenue of $4.2B, net income of $25.0M, an operating margin of 2.7%. Top institutional holders of FANG by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, WELLINGTON MANAGEMENT GROUP LLP, 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 8 and 88 since 2021, currently 81.4 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving FANG's Business? Latest 10-Q Breakdown
AI-extracted from Diamondback Energy, Inc.'s 10-Q filed 2026-05-06 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income of $25M despite $1.4B non-cash impairment; Q1 revenues reached $4.24B with oil sales of $3.45B driving 15% production growth YoY.
Biggest Revenue Drivers
Total revenue: $4.24B+5% YoY
Higher average WTI prices ($73.47/Bbl vs $70.95/Bbl YoY) and 9.5% increase in oil production volumes.
Lower average NGL prices ($16.68/Bbl vs $23.94/Bbl YoY) despite 27% volume growth.
Significantly lower Henry Hub prices ($3.47/MMBtu vs $3.87/MMBtu YoY) despite 18% volume growth.
Largest Expense Items
Non-cash ceiling test impairment from decline in SEC Prices during preceding twelve months.
Growth from 15% increase in production volumes and higher depletion rate from Double Eagle and Sitio acquisitions.
Higher costs from Double Eagle-acquired wells, water services following EDS divestiture, workover increases, and January 2026 weather.
Production taxes stable at 4.9% of revenue; ad valorem taxes increased from properties acquired in Double Eagle and Sitio deals.
Margins: Operating income margin compressed to 2.7% ($116M/$4.24B) due to the $1.4B non-cash impairment charge. Excluding impairment, operating margin would be ~35%, reflecting strong hydrocarbon pricing partially offset by higher lease operating and production tax costs from acquisitions.
Watch Items from the Filing
- Ceiling test impairment of $1.4B recorded in Q1 2026 and $3.7B in Q4 2025 due to SEC Prices declines. Management stated it currently does not expect additional impairment in Q2 2026 but flagged risk of material write-downs if trailing 12-month commodity prices decline further.
- Company owns ~39% of Viper on a fully diluted basis post-Secondary Offering; Endeavor equityholders (SGF) own ~30.2% of Diamondback common stock, maintaining significant influence over business strategy and dividend/buyback policy.
- $749M of senior notes mature within 12 months (3.250% notes due 2026); Company repurchased $777M of senior notes in April 2026 at 81.1% of par via tender offer, improving debt profile.
- Viper divested $610M in non-Permian assets (Denver-Julesburg, Eagle Ford, Williston basins) in February 2026 to consolidate Permian focus and reduce leverage; Company increased 2026 capital budget guidance by 4% to $3.90B in response to higher oil prices.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$4.2B
Net Income
Q1 2026
$25.0M
Free Cash Flow
Q1 2026
$1.8B
Operating Margin
Q1 2026
2.7%
ROIC
Q1 2026
0.2%
D/E Ratio
Q1 2026
0.38
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+55.8% YoYNet Income
-62.1% YoYOperating Income
-80.5% YoYEPS (Diluted)
-76.7% YoYTotal Assets
+171.1% YoYTotal Debt
+131.9% YoYOp. Cash Flow
+38.5% YoY| Metric | FY 2025 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $15.03B +55.8% | $9.64B +41.9% | $6.80B +141.6% | $2.81B -29.0% | $3.96B +82.2% | $2.18B |
| Net Income | $1.66B -62.1% | $4.39B +101.0% | $2.18B +148.3% | $-4.52B -1982.1% | $240.0M -71.6% | $846.0M |
| Operating Income | $1.27B -80.5% | $6.51B +62.7% | $4.00B +173.1% | $-5.48B -887.9% | $695.0M -31.3% | $1.01B |
| EPS (Diluted) | $5.73 -76.7% | $24.61 +101.1% | $12.24 +142.8% | $-28.61 -2046.3% | $1.47 -81.8% | $8.06 |
| Total Assets | $71.06B +171.1% | $26.21B +14.5% | $22.90B +30.0% | $17.62B -25.1% | $23.53B +9.0% | $21.60B |
| Total Debt | $14.49B +131.9% | $6.25B -6.6% | $6.69B +15.0% | $5.82B +8.3% | $5.37B +20.3% | $4.46B |
| Operating Cash Flow | $8.76B +38.5% | $6.33B +60.4% | $3.94B +86.2% | $2.12B -22.7% | $2.74B +75.0% | $1.56B |
AI Insight: FANG Financial Trends
Diamondback swung to a $1.5B loss in Q4 2025 amid sharp operating margin collapse, though Q1 2026 shows early stabilization.
• Operating margin crashed from 41.4% in Q1 2025 to -82.3% in Q4 2025, recovering modestly to 2.7% in Q1 2026.
• Net income collapsed from $1.4B in Q1 2025 to -$1.5B in Q4 2025; Q1 2026 stabilized near breakeven at $25M.
• Total debt increased 25.6% from $11.98B in Q2 2024 to $13.9B by Q1 2026, while equity compressed 11.4% in same span.
⚠ Operating cash flow remained resilient at $1.8B–$2.4B despite earnings swoon; verify sustainability post-Q4 charge.
⚠ Q4 2025 operating loss of $2.78B signals impairment or one-time write-down; underlying operations require clarification.
AI Insight: FANG Ratio Trends
Diamondback collapsed into near-zero profitability in Q4 2025, with operating margin plunging to -82.4%, and has not recovered materially into Q1 2026.
• Operating margin deteriorated from 31.5% in Q3 2025 to -82.4% in Q4 2025, signaling a severe operational or one-off impairment.
• ROIC collapsed from 8.9% in Q3 2025 to -21.6% in Q4 2025 and remains deeply negative at 0.9% in Q1 2026.
• Leverage held steady at 0.38–0.42 D/E throughout the downturn, providing modest financial cushion.
⚠ Q4 2025 loss and Q1 2026 near-breakeven suggest ongoing structural or market headwinds; recovery trajectory unclear.
⚠ TTM operating margin now negative at -1.9%, indicating last 12 months destroyed value despite prior quarters' strength.
Get alerted when FANG's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for Diamondback Energy, Inc. including:
Top Institutional Holders of FANG
BlackRock, Inc.
$3.7B18,506,255 shVANGUARD CAPITAL MANAGEMENT LLC
$2.5B12,731,585 shWELLINGTON MANAGEMENT GROUP LLP
$2.5B12,501,304 shSTATE STREET CORP
$2.4B12,051,943 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.9B9,714,024 shBoston Partners
$1.1B5,766,947 shGEODE CAPITAL MANAGEMENT, LLC
$1.0B5,324,534 shFMR LLC
$964.9M4,878,279 shInvesco Ltd.
$909.4M4,597,627 shBank of New York Mellon Corp
$779.4M3,940,755 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $3.7B | 18,506,255 |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.5B | 12,731,585 |
| WELLINGTON MANAGEMENT GROUP LLP | $2.5B | 12,501,304 |
| STATE STREET CORP | $2.4B | 12,051,943 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.9B | 9,714,024 |
| Boston Partners | $1.1B | 5,766,947 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.0B | 5,324,534 |
| FMR LLC | $964.9M | 4,878,279 |
| Invesco Ltd. | $909.4M | 4,597,627 |
| Bank of New York Mellon Corp | $779.4M | 3,940,755 |
More Energy Companies
View all Energy →Put FANG on your watchlist
Track score changes the day Diamondback Energy, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
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.
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.