Diamondback Energy Inc (NASDAQ: FANG) started the day on Thursday, with a price increase of 0.82% at $183.96, before settling in for the price of $182.46 at the close. Taking a more long-term approach, FANG posted a 52-week range of $142.17-$212.93.
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The Energy sector firm’s twelve-monthly sales growth has been 44.77% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 16.56%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.00%. This publicly-traded company’s shares outstanding now amounts to $294.74 million, simultaneously with a float of $191.31 million. The organization now has a market capitalization sitting at $54.22 billion. At the time of writing, stock’s 50-day Moving Average stood at $186.71, while the 200-day Moving Average is $187.42.
Diamondback Energy Inc (FANG) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas E&P Industry. Diamondback Energy Inc’s current insider ownership accounts for 35.09%, in contrast to 55.52% institutional ownership. According to the most recent insider trade that took place on Sep 23 ’24, this organization’s 10% Owner sold 13,212,830 shares at the rate of 175.11, making the entire transaction reach 2,313,665,629 in total value, affecting insider ownership by 1,037,819. Preceding that transaction, on Aug 09 ’24, Company’s CAO, Exec. VP, Assist. Sec. sold 5,000 for 200.00, making the whole transaction’s value amount to 1,000,000. This particular insider is now the holder of 88,953 in total.
Diamondback Energy Inc (FANG) Earnings and Revenue Records
Diamondback Energy Inc’s EPS decrease for this current 12-month fiscal period is -4.00% and is forecasted to reach 17.25 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.50% through the next 5 years, which can be compared against the 16.56% growth it accomplished over the previous five years trading on the market.
Diamondback Energy Inc (NASDAQ: FANG) Trading Performance Indicators
Let’s observe the current performance indicators for Diamondback Energy Inc (FANG). It’s Quick Ratio in the last reported quarter now stands at 3.64. The Stock has managed to achieve an average true range (ATR) of 5.68. Alongside those numbers, its PE Ratio stands at $9.51, and its Beta score is 1.89. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.84. Similarly, its price to free cash flow for trailing twelve months is now 16.60.
In the same vein, FANG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 19.35, a figure that is expected to reach 4.14 in the next quarter, and analysts are predicting that it will be 17.25 at the market close of one year from today.
Technical Analysis of Diamondback Energy Inc (FANG)
If we take a close look at the recent performances of Diamondback Energy Inc (NASDAQ: FANG), its last 5-days Average volume was 1.89 million that shows progress from its year to date volume of 1.74 million. During the previous 9 days, stock’s Stochastic %D was recorded 11.59% While, its Average True Range was 5.65.
Raw Stochastic average of Diamondback Energy Inc (FANG) in the period of the previous 100 days is set at 34.55%, which indicates a major fall in contrast to 47.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.72% that was higher than 32.03% volatility it exhibited in the past 100-days period.
