Diamondback Energy stock holds near $202 after Q2 beat
Published on 09/04/2026 at 18:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Diamondback Energy (ISIN US25278X1090) stock traded at $202.69 at 12:43:52 PM EDT on September 4, 2026, down 0.36 percent, while the market value stood at $56.757 billion and the 52-week range ran from $134.30 to $216.90.
Q2 2026 beat still matters
According to Yahoo Finance, the company posted Q2 FY26 revenue of $5.53 billion and earnings of $1.88 billion, with a profit margin of 34.06 percent. The same page shows YTD return of 34.78 percent, which puts the share price close to the upper end of its yearly band.
Simply Wall St said on September 4, 2026 that second quarter 2026 results beat estimates and were supported by production growth, higher realized oil prices, a larger buyback program, and a higher quarterly dividend.
Guidance was reset
A second-quarter transcript indexed by TradingKey shows net income of $329 million, or $2.92 per diluted share, versus $3.10 in the second quarter of 2025. It also shows full-year 2026 revenue guidance of $10.35 billion to $10.5 billion and diluted EPS guidance of $9.48 to $9.73, which is below 2025 EPS of $13.26.
That gives investors a simple split to watch: the market still values the stock near $203, but the companys latest guidance points to lower full-year earnings than last year.
Diamondback Energy and the Permian Basin
The company remains tied to Permian Basin oil and gas output, so production, realized pricing and buybacks stay central to the investment case.
Permian output is the product
Diamondback Energy is an independent oil and natural gas company focused on the Permian Basin in West Texas and New Mexico, including the Spraberry, Wolfcamp and Bone Spring formations. Yahoo Finance lists 1,762 employees and an oil and gas E&P business model, which keeps capital discipline and well productivity at the center of the story.
Stock near the top of range
At $202.69 on September 4, 2026, the stock sat far above the 52-week low of $134.30 and below the 52-week high of $216.90. Yahoo Finance also lists an estimated earnings date of November 2, 2026.
Diamondback Energy stock facts
- Company: Diamondback Energy, Inc.
- ISIN: US25278X1090
- Ticker: FANG
- Trading venue: NasdaqGS
- Price (as of September 4, 2026, 12:43 PM EDT): USD 202.69
- Market capitalization: USD 56.757 billion (as of September 4, 2026)
- Sector / Industry: Energy / Oil & Gas E&P
- Index membership: NasdaqGS listed
- Next earnings date: November 2, 2026
