Diamondback Energy, Inc.
boothcheck covers Diamondback Energy, Inc. (FANG) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 26, 2026.
• One basin, one business: the annual filing describes Diamondback as managed as ⟦"one operating and reportable segment, the upstream segment"⟧, drilling horizontal wells in the Midland and Delaware halves of the Permian, with no refining arm and no international exposure to blur the read. • The accounting method is where the risk shows up first: under full cost, the carrying value of the wells is retested every quarter against a trailing twelve-month average of realized commodity prices, and t
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: 2026-08-03 (items 2.02, 9.01); 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).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 26, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
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.