Barclays Maintains Overweight on Diamondback Energy, Raises Price Target to $223
Barclays analyst Betty Jiang maintains Diamondback Energy (NASDAQ:FANG) with a Overweight and raises the price target from $221 to $223.

Last updated: 2026-11-14 06:24:40. Prices reflect the latest closing data and will resume updating on the next trading day. Stock price data is sourced from Massive.
Diamondback Energy, Inc. (FANG) operates in the CRUDE PETROLEUM & NATURAL GAS sector and is listed on NASDAQ. The stock is currently priced at $184.94, with a market capitalization of $50.86B and a P/E ratio of 24.72. Over the past 52 weeks, its price has ranged from $139.41 to $216.90. This page covers its latest market performance, valuation, price trends and company information.
$50.86B | |
$184.02 | |
$186.05 | |
$182.66 | |
$182.20 | |
926.58K | |
2.46M | |
24.72 | |
$216.90 | |
$139.41 | |
2.37% | |
12-31 |
Diamondback Energy, Inc. (FANG) last closed at $184.94 as of 2026-11-14 00:55:00, up 1.48% ($2.70) from the previous close of $182.20.
During the latest regular trading session, FANG traded between $182.66 and $186.05, with a volume of 926.58K shares. The closing price was near the upper end and near the middle of its 52-week range.
Over the past seven days, Diamondback Energy, Inc. (FANG) moved from $179.58 to $184.94, representing a gain of 2.98% ($5.35).
The stock traded between $172.08 and $187.61 during the period. The latest price is near the upper end of the 7-day range, indicating moderate upward.
The average daily volume was 1.98 million shares, down versus the previous seven-day period, indicating lower trading activity.
Position in Range: 58.7%
FANG is currently trading at $184.94, placing it 58.7% of the way from its 52-week low of $139.41 to its 52-week high of $216.90. This percentage reflects the stock's relative position within its 52-week trading range, not its valuation or future performance.
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland subbasin, with some of the lowest unit costs among its Permian peers.
| Industry | CRUDE PETROLEUM & NATURAL GAS |
| Employees | 1,762 |
| CEO | Matthew Kaes Van’t Hof |
| Founded | 2007 |
| Exchange | NASDAQ |
| Company Website |
View the latest dividend and stock split events for Diamondback Energy, Inc.
Dividend | |
|---|---|
| Ex-Dividend Date | Nov 12, 2026 |
| Payment Date | Nov 19, 2026 |
| Dividend Per Share | $1.18 |
Latest news related to Diamondback Energy, Inc. and FANG stock.
Barclays analyst Betty Jiang maintains Diamondback Energy (NASDAQ:FANG) with a Overweight and raises the price target from $221 to $223.
Diamondback Energy (FANG) has declined 12.2% over two weeks but formed a hammer chart pattern in its last trading session, suggesting potential trend reversal. The stock has a Zacks Rank #1 (Strong Buy) rating, supported by a 9.8% upward revision in consensus EPS estimates over the last 30 days, indicating analyst optimism about future earnings.
Bernstein analyst Bob Brackett downgrades Diamondback Energy (NASDAQ:FANG) from Outperform to Market Perform and lowers the price target from $221 to $192.
Diamondback Energy (FANG) and KKR have agreed to jointly acquire Five Point Infrastructure's 70% stake in Deep Blue Midland Basin LLC, a water infrastructure platform serving oil and gas operators in the Midland Basin. Diamondback currently owns 30% and will gain joint ownership upon completion expected in Q4 2026. The deal addresses Diamondback's need to transport nearly 2 million barrels of water daily and provides strategic infrastructure for regional E&P customers.
Eligible investors can buy real shares of Diamondback Energy, Inc. (FANG) through MEXC RealStocks. Follow these three steps to open a RealStocks account, transfer USDT, and place a US stock order.
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Estimate the value between FANG shares and USD.
FANG Shares to USD
1.00 FANG shares = 184.935 USD
Calculations are estimates based on the latest available price and are for reference only.