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Diamondback Energy, Inc. (FANG) Stock Fundamental Analysis & AI Rating 2026

FANG Nasdaq Crude Petroleum & Natural Gas DE CIK: 0001539838
Recently Updated • Analysis: May 7, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
74% Confidence
AGREEMENT
SELL
72% Conf
HOLD
77% Conf

📊 FANG Key Takeaways

Revenue: $4.2B
Net Margin: 0.6%
Free Cash Flow: $1.8B
Current Ratio: 0.56x
Debt/Equity: 0.36x
EPS: $0.08
AI Rating: SELL with 72% confidence
Diamondback Energy, Inc. (FANG) receives a SELL rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $4.2B, net profit margin of 0.6%, and return on equity (ROE) of 0.1%, Diamondback Energy, Inc. demonstrates mixed fundamentals in the Energy sector. Below is our complete FANG stock analysis for 2026.

Is Diamondback Energy, Inc. (FANG) a Good Investment?

Claude

Diamondback Energy exhibits severe profitability deterioration with EPS collapsing 63% despite 36% revenue growth, indicating margin compression and operational stress. Critical leverage indicators—interest coverage of only 0.5x and liquidity ratios below 1.0—signal the company cannot service debt from earnings, creating financial distress risk despite strong operating cash flow.

ChatGPT

Diamondback Energy shows strong top-line momentum and very strong operating cash generation, which supports its core fundamental profile. However, earnings quality looks mixed because net income was essentially flat despite sharply higher revenue, diluted EPS fell materially, and liquidity is tight with low cash and sub-1.0 current and quick ratios. The business appears fundamentally solid but not clean enough on profitability conversion and balance sheet flexibility to justify a more aggressive rating.

Why Buy Diamondback Energy, Inc. Stock? FANG Key Strengths

Claude
  • + Exceptional operating cash flow generation of $1.8B with 43.1% FCF margin provides debt service flexibility
  • + Strong revenue growth of 35.8% YoY demonstrates operational scale and market demand
  • + Moderate debt-to-equity ratio of 0.36x appears manageable on leverage metrics alone
ChatGPT
  • + Revenue grew 35.8% YoY, indicating strong production or acquisition-driven scale expansion
  • + Operating cash flow of $8.76B and FCF margin of 58.3% indicate robust cash generation
  • + Debt-to-equity of 0.37x suggests leverage is meaningful but still manageable relative to equity

FANG Stock Risks: Diamondback Energy, Inc. Investment Risks

Claude
  • ! Interest coverage ratio of 0.5x indicates earnings cover only half of interest obligations—unsustainable debt burden relative to profitability
  • ! Liquidity crisis: current ratio and quick ratio both 0.56x and 0.55x respectively, signaling inability to cover short-term obligations
  • ! Massive EPS decline of 63% despite strong revenue growth reveals severe margin compression and deteriorating unit economics or one-time charges
  • ! Net margin of 0.6% and operating margin of 2.7% are razor-thin with nearly zero returns on assets and equity
ChatGPT
  • ! Net income grew only 0.5% YoY despite strong revenue growth, pointing to weaker earnings conversion and margin pressure
  • ! Diluted EPS fell 63.1% YoY, indicating significant dilution or reduced per-share profitability
  • ! Current ratio of 0.42x, quick ratio of 0.40x, and cash of only $104M signal weak short-term liquidity

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend—must reach minimum 1.5x for financial stability
  • * Operating margin expansion—current 2.7% insufficient to support debt load
  • * Cash conversion efficiency—reconcile strong FCF with minimal net income to identify margin pressure drivers
ChatGPT
  • * Operating and net margin trend versus revenue growth
  • * Diluted share count and interest coverage

Diamondback Energy, Inc. (FANG) Financial Metrics & Key Ratios

Revenue
$4.2B
Net Income
$25.0M
EPS (Diluted)
$0.08
Free Cash Flow
$1.8B
Total Assets
$70.1B
Cash Position
$174.0M

💡 AI Analyst Insight

The 43.1% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

FANG Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 2.7%
Net Margin 0.6%
ROE 0.1%
ROA 0.0%
FCF Margin 43.1%

FANG vs Energy Sector: How Diamondback Energy, Inc. Compares

How Diamondback Energy, Inc. compares to Energy sector averages

Net Margin
FANG 0.6%
vs
Sector Avg 12.0%
FANG Sector
ROE
FANG 0.1%
vs
Sector Avg 14.0%
FANG Sector
Current Ratio
FANG 0.6x
vs
Sector Avg 1.3x
FANG Sector
Debt/Equity
FANG 0.4x
vs
Sector Avg 0.6x
FANG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Diamondback Energy, Inc. Stock Overvalued? FANG Valuation Analysis 2026

Based on fundamental analysis, Diamondback Energy, Inc. has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
0.1%
Sector avg: 14%
Net Profit Margin
0.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.36x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Diamondback Energy, Inc. Balance Sheet: FANG Debt, Cash & Liquidity

Current Ratio
0.56x
Quick Ratio
0.55x
Debt/Equity
0.36x
Debt/Assets
39.2%
Interest Coverage
0.48x
Long-term Debt
$13.1B

FANG Revenue & Earnings Growth: 5-Year Financial Trend

FANG 5-year financial data: Year 2020: Revenue $3.9B, Net Income N/A, EPS N/A. Year 2021: Revenue $6.7B, Net Income $240.0M, EPS $1.47. Year 2022: Revenue $9.6B, Net Income -$4.5B, EPS $-28.61.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Diamondback Energy, Inc.'s revenue has grown significantly by 146% over the 5-year period, indicating strong business expansion. The most recent EPS of $17.34 reflects profitable operations.

FANG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
43.1%
Free cash flow / Revenue

FANG Quarterly Earnings & Performance

Quarterly financial performance data for Diamondback Energy, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $4.0B $25.0M $0.08
Q3 2025 $2.6B $659.0M $3.19
Q2 2025 $2.5B $699.0M $2.38
Q1 2025 $2.2B $768.0M $4.28
Q3 2024 $2.3B $659.0M $3.19
Q2 2024 $1.9B $556.0M $3.05
Q1 2024 $1.9B $712.0M $3.88
Q3 2023 $2.3B $915.0M $5.07

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Diamondback Energy, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.8B
Cash generated from operations
Stock Buybacks
$1.6B
Shares repurchased (TTM)
Dividends Paid
$295.0M
Returned to shareholders

FANG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Diamondback Energy, Inc. (CIK: 0001539838)

📋 Recent SEC Filings

Date Form Document Action
May 6, 2026 10-Q fang-20260331.htm View →
May 4, 2026 8-K fang-20260504.htm View →
Apr 13, 2026 8-K fang-20260413.htm View →
Apr 13, 2026 8-K tm2611659d1_8k.htm View →
Apr 9, 2026 DEF 14A fang015366-def14a.htm View →

Frequently Asked Questions about FANG

What is the AI rating for FANG?

Diamondback Energy, Inc. (FANG) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FANG's key strengths?

Claude: Exceptional operating cash flow generation of $1.8B with 43.1% FCF margin provides debt service flexibility. Strong revenue growth of 35.8% YoY demonstrates operational scale and market demand. ChatGPT: Revenue grew 35.8% YoY, indicating strong production or acquisition-driven scale expansion. Operating cash flow of $8.76B and FCF margin of 58.3% indicate robust cash generation.

What are the risks of investing in FANG?

Claude: Interest coverage ratio of 0.5x indicates earnings cover only half of interest obligations—unsustainable debt burden relative to profitability. Liquidity crisis: current ratio and quick ratio both 0.56x and 0.55x respectively, signaling inability to cover short-term obligations. ChatGPT: Net income grew only 0.5% YoY despite strong revenue growth, pointing to weaker earnings conversion and margin pressure. Diluted EPS fell 63.1% YoY, indicating significant dilution or reduced per-share profitability.

What is FANG's revenue and growth?

Diamondback Energy, Inc. reported revenue of $4.2B.

Does FANG pay dividends?

Diamondback Energy, Inc. pays dividends, with $295.0M distributed to shareholders in the trailing twelve months.

Where can I find FANG SEC filings?

Official SEC filings for Diamondback Energy, Inc. (CIK: 0001539838) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FANG's EPS?

Diamondback Energy, Inc. has a diluted EPS of $0.08.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FANG a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Diamondback Energy, Inc. has a SELL rating with 74% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is FANG stock overvalued or undervalued?

Valuation metrics for FANG: ROE of 0.1% (sector avg: 14%), net margin of 0.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy FANG stock in 2026?

Our dual AI analysis gives Diamondback Energy, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FANG's free cash flow?

Diamondback Energy, Inc.'s operating cash flow is $1.8B, with capital expenditures of N/A. FCF margin is 43.1%.

How does FANG compare to other Energy stocks?

Vs Energy sector averages: Net margin 0.6% (avg: 12%), ROE 0.1% (avg: 14%), current ratio 0.56 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 7, 2026 | Data as of: 2026-03-31 | Powered by Claude AI