Diamondback Energy Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 10 out of 119 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 195.98.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Diamondback Energy Inc is 7.97, ranking 36 out of 119 in the Oil & Gas industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 3.38B, representing a year-over-year decrease of 9.03%, while its net profit experienced a year-over-year decrease of 235.70%.
Key Metrics
The current valuation score of Diamondback Energy Inc is 8.95, ranking 4 out of 119 in the Oil & Gas industry. Its current P/E ratio is 34.40, which is 0.00% below the recent high of 34.40 and 85.50% above the recent low of 4.99.
The current earnings forecast score of Diamondback Energy Inc is 8.41, ranking 11 out of 119 in the Oil & Gas industry. The average price target is 176.00, with a high of 219.00 and a low of 143.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Diamondback Energy Inc is 9.57, ranking 15 out of 119 in the Oil & Gas industry. Currently, the stock price is trading between the resistance level at 209.89 and the support level at 174.30, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Diamondback Energy Inc is 5.00, ranking 45 out of 119 in the Oil & Gas industry. The latest institutional shareholding proportion is 62.21%, representing a quarter-over-quarter decrease of 3.45%. The largest institutional shareholder is The Vanguard, holding a total of 22.92M shares, representing 8.15% of shares outstanding, with 4.17% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Diamondback Energy Inc is 8.69, ranking 17 out of 119 in the Oil & Gas industry. The company's beta value is 0.49. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
