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FANG posts an operational update for the first quarter of 2025, highlighting production strength and a flexible outlook amid market volatility.

MIDLAND, Texas, April 16, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) provided an operational update for the first quarter of 2025.

Diamondback (FANG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Diamondback Energy offers a compelling investment with a single-digit P/E, a 5%+ yield, and a breakeven point of around $36 per barrel. Citigroup upgraded FANG to Buy with a price target increase from $157 to $180, highlighting its strong margins and profitability amid oil sector volatility. FANG's robust capital allocation strategy includes a 50% FCF return to shareholders via dividends and share repurchases, supported by strategic acquisitions in the Permian Basin.

Diamondback Energy is poised for growth due to rising natural gas demand from large-scale data centers and the growing need for LNG cargoes for the EU gas reserve. Strategic M&A activities, including the Double Eagle and Endeavor Energy acquisitions, enhance Diamondback's asset base and operational efficiency. Daily production is expected to grow from its new Q4 2024 base level, with a run-rate of 891-920Mboe/d for Q2 2025 - Q4 2025.

Diamondback Energy, Inc. stock is currently undervalued. The company has a strong history of growth through acquisitions and share repurchases, enhancing shareholder returns and dividend growth. Dividends can vary, but the current yield suggests an irrationally cheap valuation for FANG stock.

FANG's top executive demands an explanation on U.S. tariffs, urging the administration to protect shale producers as oil prices dip and trade tensions rise.

Citi analyst Scott Gruber upgraded Diamondback Energy to Buy from Neutral with a price target of $180, up from $157. The firm says Diamondback remains a "top-tier" exploration and production company, as reflected in a break-even oil price at just $36 per barrel, the lowest in its coverage. This enables free cash generation even when crude prices are depressed, the analyst tells investors in a research note. 06 May 20 Sep

Diamondback Energy: Double-Digit FCF Yield From The Original 'FANG' Stock

Shares of U.S.-based oil and gas fracking companies such as Devon Energy (DVN -11.76%), APA Corporation (APA -15.07%), and Diamondback Energy (FANG -11.38%) plunged on Thursday, falling 11.2%, 14.4%, and 11%, respectively, as of 12:32 p.m. ET.