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Diamondback Energy gains as oil stays elevated and investors digest quarterly update

Investivoq PriceTracker

Diamondback Energy (FANG) is up 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied mainly to a supportive oil backdrop for exploration-and-production stocks, which tends to lift cash flow expectations for Permian producers like Diamondback. Recent company disclosures may have added support as investors look ahead to early-November earnings with fresh data on realized prices and share count.

Details:

  • Crude prices remained near recent highs this week as supply risks in the Middle East and a larger-than-expected U.S. crude inventory draw kept the energy complex firm.
  • A company filing on October 8 gave third-quarter operating datapoints, including average unhedged realized oil prices of $87.30 per barrel and basic weighted average shares outstanding of 279.959 million.
  • The same filing indicated Diamondback expects a net cash settlement loss of $97 million on derivatives for the third quarter, giving investors more context on how commodity prices may flow through results.
  • Diamondback has also scheduled third-quarter results for November 2, with a conference call on November 3, which can encourage positioning ahead of earnings when the commodity tape is favorable.

    • Sources:

    SEC, Diamondback Energy, MarketScreener

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $FANG Insider Trading Activity

    FANG Insider Trades

    $FANG insiders have traded $FANG stock on the open market 27 times in the past 6 months. Of those trades, 0 have been purchases and 27 have been sales.

    Here’s a breakdown of recent trading of $FANG stock by insiders over the last 6 months:

    • FANG HOLDINGS, LP SGF has made 0 purchases and 3 sales selling 28,159,350 shares for an estimated $5,769,888,181.
    • CHARLES ALVIN MELOY has made 0 purchases and 6 sales selling 116,667 shares for an estimated $21,718,007.
    • TRAVIS D. STICE sold 75,000 shares for an estimated $15,323,272
    • HOF MATTHEW KAES VAN'T (Chief Executive Officer) has made 0 purchases and 5 sales selling 30,000 shares for an estimated $6,283,924.
    • TERESA L. DICK (CAO, Exec. VP, Assist. Sec.) has made 0 purchases and 4 sales selling 22,000 shares for an estimated $4,466,300.
    • MATT ZMIGROSKY (EVP, Chief Legal and Admin Off) has made 0 purchases and 4 sales selling 17,500 shares for an estimated $3,560,131.
    • DANIEL N WESSON (Exec. VP & COO) sold 7,500 shares for an estimated $1,614,054
    • MARK LAWRENCE PLAUMANN has made 0 purchases and 2 sales selling 1,500 shares for an estimated $308,826.
    • JERE W III THOMPSON (CFO, Executive VP) sold 500 shares for an estimated $102,070

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $FANG Hedge Fund Activity

    We have seen 576 institutional investors add shares of $FANG stock to their portfolio, and 536 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • INVESCO LTD. added 6,582,818 shares (+143.2%) to their portfolio in Q2 2026, for an estimated $1,157,127,748
    • CAPITAL WORLD INVESTORS added 5,147,949 shares (+135.6%) to their portfolio in Q2 2026, for an estimated $904,906,475
    • WELLINGTON MANAGEMENT GROUP LLP added 3,918,943 shares (+31.3%) to their portfolio in Q2 2026, for an estimated $688,871,800
    • JPMORGAN CHASE & CO added 3,787,966 shares (+inf%) to their portfolio in Q2 2026, for an estimated $665,848,663
    • CAPITAL RESEARCH GLOBAL INVESTORS removed 1,595,250 shares (-52.0%) from their portfolio in Q2 2026, for an estimated $280,413,045
    • PACER ADVISORS, INC. added 1,557,340 shares (+inf%) to their portfolio in Q2 2026, for an estimated $273,749,225
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,302,025 shares (+inf%) to their portfolio in Q2 2026, for an estimated $228,869,954

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $FANG Analyst Ratings

    Wall Street analysts have issued reports on $FANG in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Morgan Stanley issued a "Overweight" rating on 05/22/2026

    To track analyst ratings and price targets for $FANG, check out Investivoq's $FANG forecast page.

    $FANG Price Targets

    Multiple analysts have issued price targets for $FANG recently. We have seen 8 analysts offer price targets for $FANG in the last 6 months, with a median target of $240.5.

    Here are some recent targets:

    • Devin McDermott from Morgan Stanley set a target price of $216.0 on 06/29/2026
    • Nitin Kumar from Mizuho set a target price of $240.0 on 05/27/2026
    • Betty Jiang from Barclays set a target price of $232.0 on 05/26/2026
    • Scott Gruber from Citigroup set a target price of $245.0 on 05/20/2026
    • Bob Brackett from Bernstein set a target price of $241.0 on 05/11/2026
    • Biju Perincheril from Susquehanna set a target price of $245.0 on 05/06/2026
    • Betty Zhang from Scotiabank set a target price of $195.0 on 04/22/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.