This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.
Copyright 2025 Zacks Investment Research | 101 N Wacker Drive, Floor 15, Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.75% per year. These returns cover a period from January 1, 1988 through July 7, 2025. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy, DMCA Policy and Terms of Service apply.
View All Zacks #1 Ranked Stocks
Zacks News
Founded in 2007, Midland, TX-headquartered Diamondback Energy, Inc. is an independent oil and gas exploration & production company, with its primary focus on the Permian Basin, where it has around 394,000 net acres. Its activities are concentrated in the Wolfcamp, Spraberry, Clearfork, Bone Spring, and Cline formations. In Nov 29, 2018, Diamondback completed its $9.2 billion buyout of Energen Corporation to boost its Permian presence.
Hess (HES) Inks Deal to Divest Interests in South Arne Field
by Zacks Equity Research
Hess (HES) decides to allocate the net proceeds from the sales for investment in world-class offshore resources in Guyana.
The Zacks Analyst Blog Highlights: Diamondback Energy, Matador Resources Co, Pioneer Natural Resources Co and EOG Resources
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Diamondback Energy, Matador Resources Co, Pioneer Natural Resources Co and EOG Resources
Murphy Oil's (MUR) Arm Sells 50% Stake in King's Quay Project
by Zacks Equity Research
The subsidiary of Murphy Oil (MUR) concludes the divestment of its 50% stake in the King's Quay floating production system. Sale proceeds will be used to repay debt.
Diamondback (FANG) Concludes Takeover Deal With QEP Resources
by Zacks Equity Research
Diamondback's (FANG) buyout pact with QEP Resources provides the latter's shareholders with 0.05 shares of its common stock for each share held.
Oil Falls After EIA Reports Inventory Build on All Fronts
by Nilanjan Choudhury
Despite yesterday's fall, some of the top gainers of the S&P 500 this year are energy-related names like Marathon Oil (MRO), Diamondback Energy (FANG), Occidental Petroleum (OXY), Devon Energy (DVN) and HollyFrontier (HFC).
Here's Why Investing in Permian Explorers Seems Wise Now
by Nilanjan Banerjee
With the energy sector recovering significantly, it would be wise for investors to invest in firms operating in the Permian basin. FANG, MTDR, PXD and EOG are Permian stocks that will gain.
Diamondback Energy (FANG) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Diamondback Energy (FANG) closed at $81.41, marking a -0.83% move from the previous day.
NOV Shares Take a Beating After Downbeat Revenue Outlook
by Zacks Equity Research
Supply crunch of acute global glass fiber weighs on NOV's fiberglass systems operations.
Here's Why W&T Offshore (WTI) is an Attractive Investment Bet Now
by Zacks Equity Research
Improving oil price continues to aid W&T Offshore (WTI).
Centennial Resource (CDEV) Prices Exchangeable Senior Notes
by Zacks Equity Research
Centennial Resource (CDEV) announces that its affiliate, Centennial Resource Production, estimates net proceeds from the notes offering at $144.5 million.
Diamondback's (FANG) Bull Run on the Bourse Continues Unabated
by Zacks Equity Research
The surge in Diamondback's (FANG) shares is driven by the rebound in crude prices to around $65 a barrel from the recently announced OPEC+ supply cuts until April.
Frank's (FI) Agrees to Merge With Expro in an All-Stock Deal
by Zacks Equity Research
Post the completion of the merger with Expro Group, Frank's (FI) chairman, president and CEO Mike Kearney will become the chairman of the combined company.
Permian Witnesses Addition of Oil Rigs for 3 Straight Weeks
by Zacks Equity Research
Baker Hughes Company's (BKR) weekly rig count data reveals that for the first time since November, oil and gas drillers cut rig count in the United States.
Ovintiv (OVV) Advances the Divestment of Eagle Ford Acreage
by Zacks Equity Research
Ovintiv's (OVV) buyout of Newfield Exploration hurts its shareholder confidence as the takeover proves to be dilutive, incurring $7-billion debt and a steep executive salary packet.
Has Diamondback Energy (FANG) Outpaced Other Oils-Energy Stocks This Year?
by Zacks Equity Research
Is (FANG) Outperforming Other Oils-Energy Stocks This Year?
The Zacks Analyst Blog Highlights: Pioneer Natural Resources, EOG Resources, Matador Resources, Diamondback Energy and Callon Petroleum
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Pioneer Natural Resources, EOG Resources, Matador Resources, Diamondback Energy and Callon Petroleum
Will Costly Oil Ruin Chances of QEP Resources (QEP) Buyout?
by Zacks Equity Research
Glazer Capital LLC, which owns 5.7% of QEP Resources' (QEP) outstanding shares, decides to vote against the proposed deal as it considers it to be materially inadequate.
Here's Why Callon (CPE) is an Attractive Investment Bet Now
by Zacks Equity Research
The massive improvement in the crude price will likely continue to aid Callon (CPE).
US Economy Recovering Faster Than Expected: Oil Firms to Gain
by Nilanjan Banerjee
Oil will probably continue its northbound journey on an encouraging U.S. economic growth outlook. Matador (MTDR), Diamondback (FANG), Pioneer (PXD) and Callon (CPE) are set to gain from the same.
Shell (RDS.A) to Divest Its Upstream Assets in Egypt for $926M
by Zacks Equity Research
The divestment comprising Shell (RDS.A) Egypt's interest in 13 inland concessions and its share in the Badr El-Din Petroleum Company (BAPETCO) is slated to close by this year-end.
Stimulus Package & Vaccine Rollout to Aid Recovery: 5 Picks
by Sreoshi Bera
Government's fiscal aid and vaccine rollout will expedite economic recovery. This necessitates investment in Diamondback Energy (FANG), Capital One Financial (COF), Rent-A-Center (RCII), Rocky Brands (RCKY) and Matador Resources (MTDR).
Penumbra, Silk Road Medical, EOG Resources, Diamondback Energy and ConocoPhillips highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Penumbra, Silk Road Medical, EOG Resources, Diamondback Energy and ConocoPhillips highlighted as Zacks Bull and Bear of the Day
Why Diamondback (FANG) Might be Well Poised for a Surge
by Zacks Equity Research
Diamondback (FANG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
3 Oil Stocks Rewarding Higher Dividend Yields Than the S&P 500
by Nilanjan Banerjee
Oil price will probably continue their northbound journey. EOG Resources (EOG), Diamondback (FANG) and ConocoPhillips (COP) are well placed to gain.
Here's Why Pioneer (PXD) is an Attractive Investment Bet Now
by Zacks Equity Research
The northbound journey of oil price is likely to aid Pioneer (PXD).