Diamondback Energy, Inc.
At today's price, Diamondback Energy, Inc. (FANG) is priced for +8.4% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
At $183.59 (as of June 27, 2026) Diamondback is priced at about 16x company-wide operating income, implying only about 6.6% operating growth a year, within its recent pace; the asset, earnings-power, and peer-multiple families all read it as richly valued, while only the growth-DCF reaches the price, which is the normal shape for a reserve-based E&P. The case rests on Permian reserve quality: a long-life, low-cost inventory that lets the company hold or grow output cheaply, with Q1 2026 product
Is FANG overvalued? See what's priced in →
1,160 institutional managers reported holding FANG in 13F filings for the quarter ended 2026-03-31. Together they hold about 63% of the company; the top 10 hold 34%. 177 opened new positions that quarter. Held by Vanguard Group, BlackRock, Wellington Management, among others. On the short side, 9.4M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
FANG's share count grew 56.2% over the past five years even with $4.91B spent on repurchases. It pays a dividend, and has for 8 years running; the current rate is $4.00 a share annually. Cash returned over the past three years: $3.78B in dividends and $2.72B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at FANG over the trailing three years: 2024: 2 buys totaling $1.49M; 2025: 1 buy totaling $313k. 19 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
FANG's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-04 | +1.5% | +1.8% |
| 2023-11-09 | -2.0% | -2.7% |
| 2024-02-23 | +0.2% | +17.8% |
| 2024-05-03 | -4.8% | +1.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
FANG's latest 8-K filings: 2026-07-13 (items 2.02); 2026-06-15 (items 1.01, 2.03, 9.01); 2026-05-20 (items 5.02, 5.07); 2026-05-04 (items 2.02, 9.01); 2026-04-13 (items 2.02).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: July 3, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.