FANG

Diamondback Energy, Inc.

Energy · $54.7B market cap

Verdict

Share price

$184.71

close of Oct 3, 2026

Fair value

$200.86

Sticker Price

Payback Price

$80.34

buy price

Fairly Valued

FANG is Fairly Valued: at $184.71 it's within 8% of its fair value of $200.86. Its buy price (Payback Price) is $80.34, 57% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth32.3% a year✓
Equity per share growth16.3% a year✓
Sales growth34.2% a year✓
Free cash flow growth28.7% a year✓
Return on invested capital8.3%✗

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Superinvestors

1 of the investors we track holds FANG. In Q1 2026, 1 sold out. Who we track

Moves in Q1 2026

Sold out: Bruce Berkowitz

Insider activity

Since Jun 16, 2026: no open-market purchases, 14 sales worth $27.8M and 1 other filing (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Diamondback Energy, Inc.

Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the…

Oil & Gas Exploration & Production

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works