How to Buy Diamondback Energy Stock
Diamondback Energy Inc
Diamondback Energy, Inc. , an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas.
Diamondback Energy stock last closed at $132.35, down 3.84% from the previous day, and has decreased 34.67% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.37 percentage points. Diamondback Energy stock is currently +16.1% from its 52-week low of $114.00, and -38.3% from its 52-week high of $214.50.
There are currently 289.44M FANG shares outstanding. The market value of FANG is $38.31B. In the last 24 hours, 2.18M FANG shares were traded.
How to Buy Diamondback Energy Stock
Wondering how to invest in Diamondback Energy stock? Here's how.
- Figure out where to buy Diamondback Energy stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Diamondback Energy stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Research Diamondback Energy stock: The Diamondback Energy ticker symbol is FANG. Is Diamondback Energy stock a good investment? Should you buy shares of FANG? How do FANG's underlying business fundamentals look? Do top analysts think Diamondback Energy is a good buy? Why has FANG's stock price moved recently? (Hint: Our stock research website can help you understand if FANG is a good stock to buy).
- Place your FANG purchase: Decide if you will purchase FANG shares at the current market price or use a limit order to purchase FANG stock at a specific price.
- Track your investment in FANG: Create a watchlist to keep track of your investment in Diamondback Energy stock.
Step 1: Figure out where to buy Diamondback Energy stock
You will need an online brokerage account in order to access the NASDAQ market and buy FANG shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to buy FANG today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on the highest rated stock app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Research Diamondback Energy stock
Once you have chosen the best place to buy Diamondback Energy stock, it's crucial to research their stock prior to investing, so you actually understand the risk and opportunity.
Diamondback Energy Metrics
FANG Overview
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on FANG's stock page.
How is FANG stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge FANG's true value.
Using relative valuations metrics:
- FANG could be undervalued based on its P/E ratio of 8.52x, relative to Oil & Gas E&P industry P/E ratio of 18.2x
- FANG could be undervalued based on its P/B ratio of 1.02x, relative to Oil & Gas E&P industry P/B ratio of 1.43x
You can do more valuation analysis on FANG's stock here.
FANG Financial Summary
Passed Financial Due Diligence Checks:
- FANG has $164.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $5.37B.
Failed Financial Due Diligence Checks:
- There are more short-term liabilities than short-term assets on the FANG balance sheet.
- Total FANG debt is higher than 5 years ago, relative to shareholder equity.
- FANG profit margin has gone down from 37.4% to 30.2% in the past year.
- FANG has cash burn of 5374000000. It does not have sufficient cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the FANG balance sheet.
- FANG has a relatively high debt to equity ratio of 0.73.
Do analysts think it's a good time to buy Diamondback Energy stock
Out of 15 Equities analysts who track FANG, the consensus analyst rating on Diamondback Energy is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent FANG Analyst Upgrades/Downgrades
Arun Jayaram, a top 19% analyst from JP Morgan maintains FANG with a strong buy rating and lowers their FANG price target from $167.00 to $166.00, on Apr 10, 2025.
Scott Gruber, a bottom 15% analyst from Citigroup upgrades FANG to a strong buy rating and raises their FANG price target from $157.00 to $180.00, on Apr 7, 2025.
Devin McDermott, a top 3% analyst from Morgan Stanley maintains FANG with a strong buy rating and lowers their FANG price target from $227.00 to $206.00, on Mar 27, 2025.
Betty Jiang, a bottom 10% analyst from Barclays maintains FANG with a strong buy rating and lowers their FANG price target from $210.00 to $200.00, on Mar 18, 2025.
John Freeman, a top 1% analyst from Raymond James maintains FANG with a strong buy rating and lowers their FANG price target from $245.00 to $214.00, on Mar 12, 2025.
You can dig deeper into what analysts are saying on the Diamondback Energy stock forecast page.
FANG Momentum
FANG Performance Metrics
Last year, FANG earnings were $3.34B. Over the past five year, FANG's earnings have grown by 60.24% per year. This was faster than the Oil & Gas E&P industry average of 20.21%.
Last year, FANG revenue was $11.07B. In the last 5 year, FANG's revenue has grown by 22.79% per year. This was faster than the Oil & Gas E&P industry average of 13.19%.
You can analyze FANG's earnings and revenue performance here.
Latest Insiders Trades at FANG
In the last year, insiders at FANG have sold more shares than they have bought.
Albert Barkmann, Exec. VP and Chief Engineer of FANG, was the latest FANG insider to sell. They sold $287,876.56 worth of FANG stock on Mar 1, 2025.
Research more about who owns FANG shares here.
Does FANG stock generate passive income?
Diamondback Energy pays a dividend of 4.69%, compared to the Oil & Gas E&P industry's average dividend yield of 4.64%. If you owned $1,000 of FANG stock, you would have been paid $46.92 last year.
Diamondback Energy dividend payments have consistently grown over the past 7 years but have not remained stable.
Get more info about Diamondback Energy dividend yield and history here.
What others are saying about FANG
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your FANG purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Press the Open button and eToro will place the order.
If you need additional help with buying stocks on eToro, click the how to video below:
Step 6: Track your investment in FANG
Now that you own some shares in FANG, you'll want to keep up with your company.
Put FANG on a watchlist to keep tabs on your FANG stock.
FANG Feed
How to Buy Stock in Diamondback Energy
To reiterate, here are the 6 steps you need to take to buy Diamondback Energy stock right now:
- Figure out where to buy Diamondback Energy stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Diamondback Energy stock
- Place your FANG purchase
- Track your investment in FANG
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in Diamondback Energy, click below.
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