PKO Investment Management Joint Stock Co Grows Stock Holdings in Diamondback Energy, Inc. $FANG

PKO Investment Management Joint Stock Co grew its position in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 150.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,500 shares of the oil and natural gas company’s stock after purchasing an additional 8,700 shares during the period. PKO Investment Management Joint Stock Co’s holdings in Diamondback Energy were worth $2,180,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Flagship Harbor Advisors LLC purchased a new position in shares of Diamondback Energy during the 4th quarter valued at about $25,000. Richardson Financial Services Inc. boosted its stake in Diamondback Energy by 245.1% in the fourth quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock worth $26,000 after buying an additional 125 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new stake in Diamondback Energy in the fourth quarter worth approximately $26,000. JPL Wealth Management LLC bought a new position in Diamondback Energy during the third quarter valued at approximately $26,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in Diamondback Energy by 106.3% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company’s stock valued at $28,000 after acquiring an additional 102 shares during the last quarter. 90.01% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Diamondback Energy

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

• Positive Sentiment: UAE exits OPEC, weakening cartel coordination and boosting crude prices; higher oil improves revenue and cash-flow outlook for low-cost Permian producers like Diamondback. The UAE’s OPEC Exit Changes the Oil Trade — Here’s the Stock to Buy Now
• Positive Sentiment: Market commentary flags Diamondback as a near-term beneficiary of the OPEC shock given its low-cost Permian position, supporting upside if oil stays elevated above $100/bbl. Following UAE’s OPEC Exit Shock, Diamondback Energy Could Be the Smartest Bet Now
• Positive Sentiment: Zacks Research upgraded FANG to a “Strong-Buy” and added it to its Zacks Rank #1 list, citing model/estimate improvements that can draw investor interest and momentum buying. Zacks.com
• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate for Diamondback, indicating analyst bullishness on longer-term earnings power (FY2028 EPS revised to $14.43). Is Diamondback Stock Worth Buying Before Q1 Earnings Release?
• Neutral Sentiment: Multiple earnings previews (Zacks, Yahoo) highlight Q1 as a pivotal test for FANG — metrics beyond headline revenue/earnings (volume, hedges, unit costs) will drive the read-through. Investors are positioning ahead of the May 4 report. Gear Up for Diamondback (FANG) Q1 Earnings: Wall Street Estimates for Key Metrics
• Negative Sentiment: Consensus sees Q1 revenue down roughly 5–6% year-over-year; a miss or weaker commodity realization could pressure the stock despite hedges and higher volumes. This is a near-term execution risk around the upcoming report. Is Diamondback Stock Worth Buying Before Q1 Earnings Release?

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on FANG shares. Mizuho boosted their price objective on shares of Diamondback Energy from $205.00 to $220.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Jefferies Financial Group reaffirmed a “hold” rating and set a $173.00 target price on shares of Diamondback Energy in a report on Monday, January 19th. Freedom Capital upgraded shares of Diamondback Energy to a “strong-buy” rating in a research report on Tuesday, March 10th. Morgan Stanley boosted their price target on shares of Diamondback Energy from $220.00 to $224.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. Finally, The Goldman Sachs Group upped their price target on shares of Diamondback Energy from $187.00 to $212.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Five research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Diamondback Energy has a consensus rating of “Buy” and a consensus target price of $208.05.

Diamondback Energy Price Performance

FANG stock opened at $207.65 on Friday. The stock has a market capitalization of $58.41 billion, a price-to-earnings ratio of 37.01 and a beta of 0.46. The firm’s 50-day moving average price is $187.42 and its two-hundred day moving average price is $164.27. The company has a current ratio of 0.42, a quick ratio of 0.40 and a debt-to-equity ratio of 0.32. Diamondback Energy, Inc. has a 12-month low of $127.75 and a 12-month high of $207.77.

Diamondback Energy (NASDAQ:FANG) last posted its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The firm had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.41 billion. Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.During the same quarter in the prior year, the company posted $3.67 earnings per share. The business’s revenue for the quarter was down 9.0% on a year-over-year basis. As a group, equities analysts predict that Diamondback Energy, Inc. will post 18.84 earnings per share for the current year.

Diamondback Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were given a $1.05 dividend. The ex-dividend date was Thursday, March 5th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 2.0%. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio is 74.87%.

Insider Activity

In other news, Director Steven E. West sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $188.35, for a total transaction of $1,130,100.00. Following the transaction, the director directly owned 4,484 shares of the company’s stock, valued at approximately $844,561.40. The trade was a 57.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Travis D. Stice sold 63,957 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $181.16, for a total value of $11,586,450.12. Following the completion of the sale, the chairman directly owned 305,314 shares of the company’s stock, valued at $55,310,684.24. The trade was a 17.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,217,069 shares of company stock valued at $201,213,109. 0.64% of the stock is owned by insiders.

About Diamondback Energy

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.