Diamondback Energy, Inc. (FANG)
NASDAQ • Energy
October 23, 2026 at 20:00 UTC
Metrics Over Time
Where the Money Goes
Q2 2026In plain terms: out of every $100 in revenue, Diamondback Energy, Inc. keeps $34 as net profit.
Fundamentals & Financials
TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.
Income Statement
Balance Sheet
Financial Highlights
Dividends History
Split History
Earnings
Nov 2
in 8 daysQ4 2026% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS
Diamondback Energy beat expectations on both the top and bottom line in the second fiscal quarter of 2026, based on preliminary results reported Aug. 3. Revenue rose about 52% to roughly $5.6 billion, topping the $4.9 billion consensus by 13.8% and climbing from $3.65 billion a year earlier, while gross profit came in at about $5.2 billion and gross margin held near 93%. Adjusted EPS of $6.48 beat the $6.08 estimate by 6.6% and was up from $2.67 a year ago. Net income rose about 169% to roughly $1.9 billion from $699 million in the prior-year period. The company also generated operating cash flow of about $3.6 billion and paid roughly $310 million in dividends. Consensus for the next period calls for EPS of $4.28 on revenue of $4.33 billion.
Next report — what to expect
Diamondback Energy Inc (FANG) reports earnings on November 2, 2026. Wall Street’s next-period consensus calls for EPS of $5.00 on revenue of $4.55 billion. For trailing context, revenue rose +52.3% year over year last quarter. The company has beaten EPS in 5 of 8 most recent quarters, a key point to monitor alongside sales.
About Diamondback Energy, Inc.
Diamondback Energy, Inc. (NASDAQ: FANG) is an independent oil and gas producer centered on the Permian Basin, with operations in West Texas and New Mexico. In FY2025, it generated $15.0 billion in revenue. The company works across upstream development and related infrastructure within the U.S. energy business.
Today's Snapshot
FANG closed 4.4% above yesterday's close, in line with a firmer sector. FANG is due to report earnings on 2 November.
Trading Volume
Below 10d avg (2.2M)
1.7M
vs S&P 500 Today
Strong Outperformance
+4.89%
Updated: October 23, 2026 at 20:20 UTC
FANG Headlines
Technical Indicators
All signalsHide signals
- EMA (5 indicators)$184.20 - $199.31Buy
- RSI (14)62.50Neutral
- Stochastic %K (14, 3, 3)78.69Neutral
- MACD Level (12, 26)2.42Buy
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