Diamondback Energy, Inc.

NasdaqGS:FANG Stock Report

Market Cap: US$52.9b

Diamondback Energy Management

Management criteria checks 3/4

Diamondback Energy's CEO is Matthew Van’t Hof, appointed in May 2025, has a tenure of 1.08 years. total yearly compensation is $14.93M, comprised of 7.4% salary and 92.6% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth $20.15M. The average tenure of the management team and the board of directors is 4.6 years and 5 years respectively.

Key information

Matthew Van’t Hof

Chief executive officer

US$14.9m

Total compensation

CEO salary percentage7.43%
CEO tenure1.1yrs
CEO ownership0.04%
Management average tenure4.6yrs
Board average tenure5yrs

Recent management updates

Recent updates

Narrative Update Jun 11

FANG: Oil Price Assumptions And Execution Discipline Will Shape Future P/E Premium

Analysts raised the Diamondback Energy fair value estimate from $175.39 to $195.00, reflecting higher oil price assumptions, stronger modeled profit margins, and lower future P/E expectations in their updated targets for the stock. Analyst Commentary Recent Street research on Diamondback Energy shows a clear tilt toward higher fair value assumptions, with several major firms lifting price targets as they factor in updated oil price decks tied to conflict related supply concerns and tighter crude markets.
Seeking Alpha Jun 10

Diamondback: Time To Unwind The Top

Summary Diamondback Energy remains a low-cost Permian leader, but its valuation now fully reflects recent macro tailwinds and elevated oil prices. Q1 results were operationally excellent, with record revenue, increased dividends, accelerated deleveraging, and improved production guidance for FY 2026. FANG's current valuation embeds a significant geopolitical risk premium; scenario analysis shows downside risk if oil prices revert to mid-cycle levels. I now rate FANG as Hold, as shares trade near 52-week highs and the easy money from disruption-driven oil prices appears priced in. Read the full article on Seeking Alpha
Narrative Update May 28

FANG: Higher Oil Decks And Cash Returns Will Drive Future Repricing Potential

Analysts have nudged the fair value estimate for Diamondback Energy higher to about $232 per share from roughly $223, pointing to a series of price target hikes that lean on firmer medium term oil price assumptions and expectations for stronger margins and earnings, which are reflected in lower forward P/E estimates. Analyst Commentary Street research on Diamondback Energy has tilted more constructive, with a series of higher price targets clustered around the low to mid US$200s.
Analysis Article May 13

Diamondback Energy's (NASDAQ:FANG) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Investors were disappointed by Diamondback Energy, Inc.'s ( NASDAQ:FANG ) latest earnings release. We did some further...
Narrative Update May 02

FANG: Higher Oil Decks And Cash Returns Will Shape Future Upside Potential

The analyst price target for Diamondback Energy has shifted from $179.03 to $222.70, reflecting analysts' updated views on oil price assumptions, cash flow potential, and valuation in light of recent sector wide target increases and mostly reaffirmed positive ratings. Analyst Commentary Recent research updates on Diamondback Energy are clustered around higher oil price assumptions, revised cash flow estimates, and an active reassessment of valuation as geopolitical risks refocus attention on crude supply and pricing scenarios.
Narrative Update Apr 18

FANG: Oil Price Decks And Q4 Execution Will Shape P/E Premium

The updated analyst price target for Diamondback Energy moves to $175.39 from $164.00, as analysts factor in revised oil price decks, cash flow assumptions, and recent target hikes across multiple firms, alongside a few valuation-driven downgrades. Analyst Commentary Street research on Diamondback Energy has leaned positive on price targets, but there is a clear pocket of caution that focuses on valuation, execution, and growth visibility.
Narrative Update Apr 04

FANG: Higher Long Term Oil Prices Will Drive Stronger Future Cash Returns

The analyst fair value estimate for Diamondback Energy has moved to $257.44 from $235.15, with analysts tying the shift mainly to higher oil price assumptions, modestly stronger margin expectations, and updated P/E multiples across recent research. Analyst Commentary Recent Street research around Diamondback Energy has been active, with a series of higher price targets and mostly positive views on execution, cash generation, and oil leverage.
Narrative Update Mar 20

FANG: Higher Long Term Oil Prices Will Support Future Cash Returns

Analysts have lifted the updated price target for Diamondback Energy to $235.15 from $207.41, citing higher long term oil price assumptions across recent research. These assumptions feed through to stronger modeled revenue growth and support for current P/E expectations, despite some compression in projected profit margins.
Narrative Update Mar 06

FANG: Power Projects And Q4 Execution Will Test Full P/E Premium

The analyst fair value estimate for Diamondback Energy has been raised by $6 to $164, as analysts factor in updated price targets that reflect ongoing execution, robust inventory depth, and model revisions following Q4 production and cash flow results, even as one firm shifted to a Hold rating citing valuation and limited upside at recent levels. Analyst Commentary Recent Street research on Diamondback Energy shows a mix of optimism around execution and balance sheet progress alongside pockets of caution around valuation and future growth drivers.
Narrative Update Feb 19

FANG: Future Power Projects Will Test Rich P E Assumptions

Analysts have adjusted their views on Diamondback Energy with a modest net change in the blended price target, as several firms raised targets by $2 to $30 while others reduced them by $1 to $12, citing updated assumptions around growth, margins, and future P/E levels. Analyst Commentary Recent research shows a mixed backdrop for Diamondback Energy, with several firms lifting price targets by single to double digit dollar amounts while others cut targets by similar magnitudes.
Narrative Update Feb 05

FANG: Future Power Projects And Mixed Oil Macro Shape Balanced Outlook

Analysts have nudged their fair value estimate for Diamondback Energy to $158, reflecting recent tweaks to growth, margin and P/E assumptions following a mix of higher and lower Street price targets from firms such as Piper Sandler, Wells Fargo, Jefferies, Morgan Stanley, Mizuho, Scotiabank, BofA, JPMorgan, Citi and UBS. Analyst Commentary Recent research highlights a split view on Diamondback Energy, with some firms lifting price targets and others trimming them.
Narrative Update Jan 22

FANG: Higher Margins And Capital Returns Will Support Future Cash Generation

Analysts trimmed their average price target for Diamondback Energy by about US$2 to reflect slightly lower modeled revenue growth, partly offset by higher expected profit margins and a modestly lower forward P/E. Analyst Commentary Recent research on Diamondback Energy shows a mix of modest target trims and some meaningful upward revisions, as analysts fine tune their models after the latest Q3 updates and guidance changes.
Narrative Update Jan 08

FANG: Future Cash Discipline And Power Project Support A Balanced Outlook

Analysts have trimmed their fair value estimate for Diamondback Energy from about $164.70 to $149.35 per share. This reflects a mix of slightly lower long term revenue growth assumptions, a higher profit margin outlook, and a reset of future P/E expectations that lines up with the recent round of modestly adjusted Street price targets.
Narrative Update Dec 22

FANG Will Deliver Strong Cash Returns Through Disciplined Maintenance Production

We are trimming our Diamondback Energy fair value estimate to approximately $210 per share from about $235 per share, as analysts factor in updated 2025 and 2026 guidance, a less constructive oil macro backdrop, and lower long term growth and valuation multiples, despite still solid Q3 execution and cash flow. Analyst Commentary Recent Street research on Diamondback Energy reflects a generally constructive tone, with modest target price revisions and continued support for the company’s operational strategy and capital returns framework.
Narrative Update Dec 08

FANG: Maintenance Production And Buybacks Will Drive Future Shareholder Returns

Analysts have nudged their blended price target for Diamondback Energy slightly higher to about $179 per share, as modestly lower long term growth assumptions are balanced by expectations for gradual margin expansion and a somewhat richer future earnings multiple. Analyst Commentary Recent Street research on Diamondback Energy reflects a generally constructive stance, with most price targets clustered above the current blended average and ratings skewed toward Overweight or Buy.
Narrative Update Nov 23

FANG: Operational Strength And Asset Sales Are Expected To Drive Shareholder Returns

Diamondback Energy’s analyst price target has seen a minimal change, rising slightly from approximately $178.31 to $178.43 per share as analysts factor in updated sector models and company performance following recent earnings. Analyst Commentary Recent research commentary reflects a blend of optimism and caution regarding Diamondback Energy’s near-term outlook.
Narrative Update Nov 04

FANG: Future Asset Sales Will Drive Upside Amid Cash Flow Concerns

Analysts have slightly reduced their average price target for Diamondback Energy by less than $1 to around $178. This reflects cautious optimism amid recent operational updates and ongoing commodity market uncertainty.
Narrative Update Oct 21

Analyst Views Mixed as Diamondback Energy Faces Headwinds and Modest Valuation Revisions

The average analyst price target for Diamondback Energy has edged slightly lower, declining by about $2 to approximately $179 per share. Analysts cite softer gas and NGL realizations as well as macro uncertainty while maintaining generally positive outlooks for the company’s operational profile.
Narrative Update Sep 17

Permian Consolidation And Efficiency Will Secure Future Resilience

Despite long-term optimism driven by Diamondback Energy's strategic positioning in the evolving energy sector and robust operational execution, analysts have made a slight downward revision to the consensus price target—from $182.00 to $180.86—due to short-term overhangs from significant share registration events. Analyst Commentary Bullish analysts cite the accelerating impact of AI adoption, describing an early-stage "Power revolution" shifting energy sector leadership to new winners, including Diamondback Energy.
Analysis Article Jul 28

Diamondback Energy (NASDAQ:FANG) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

CEO Compensation Analysis

How has Matthew Van’t Hof's remuneration changed compared to Diamondback Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$279m

Dec 31 2025US$15mUS$1m

US$2b

Sep 30 2025n/an/a

US$4b

Jun 30 2025n/an/a

US$4b

Mar 31 2025n/an/a

US$4b

Dec 31 2024US$9mUS$692k

US$3b

Sep 30 2024n/an/a

US$3b

Jun 30 2024n/an/a

US$3b

Mar 31 2024n/an/a

US$3b

Dec 31 2023US$8mUS$645k

US$3b

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$4b

Dec 31 2022US$7mUS$608k

US$4b

Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$4b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$6mUS$520k

US$2b

Sep 30 2021n/an/a

US$430m

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$4b

Dec 31 2020US$4mUS$520k

-US$5b

Sep 30 2020n/an/a

-US$4b

Jun 30 2020n/an/a

-US$3b

Mar 31 2020n/an/a

-US$42m

Dec 31 2019US$31mUS$488k

US$240m

Compensation vs Market: Matthew's total compensation ($USD14.93M) is about average for companies of similar size in the US market ($USD14.65M).

Compensation vs Earnings: Matthew's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Matthew Van’t Hof (39 yo)

1.1yrs
Tenure
US$14,931,423
Compensation

Mr. Matthew Kaes Van’t Hof is CEO & Director of Diamondback Energy, Inc. from May 21, 2025. He is Chief Financial Officer, Director and Executive Vice President of Business Development at QEP Resources, In...


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Van’t Hof
CEO & Director1.1yrsUS$14.93m0.038%
$ 20.1m
Jere Thompson
Executive VP & CFO1.3yrsUS$4.65m0.0047%
$ 2.5m
Daniel Wesson
Executive VP & COO6.8yrsUS$7.68m0.024%
$ 12.8m
Teresa Dick
Chief Accounting Officer16.6yrsUS$4.50m0.027%
$ 14.2m
P. Zmigrosky
Executive VP7.3yrsUS$5.97m0.0089%
$ 4.7m
David Cannon
Senior Vice President of Geoscience & Technology7.3yrsno datano data
Greg Dolezal
Senior VP & Chief Information Officer2.3yrsno datano data
Adam Lawlis
Vice President of Investor Relationsno datano datano data
Johnny Dossey
Vice President of Marketing4.3yrsno datano data
David Meek
Senior Vice President of Human Resources2.9yrsno datano data
W. Dingler
Senior Vice President of Government & Regulatory Affairs7.3yrsno datano data
Yong Cho
Senior Vice President of Drilling4.6yrsno datano data
4.6yrs
Average Tenure
44yo
Average Age

Experienced Management: FANG's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Matthew Van’t Hof
CEO & Director1.1yrsUS$14.93m0.038%
$ 20.1m
Robert Reeves
Independent Director1.8yrsUS$310.65k0.0018%
$ 957.7k
Steven West
Independent Director14.5yrsUS$318.15k0.0016%
$ 841.3k
Mark Plaumann
Independent Director13.7yrsUS$310.65k0.0044%
$ 2.3m
Charles Meloy
Director1.8yrsUS$295.65k0.33%
$ 176.3m
Rebecca Klein
Independent Director3.9yrsUS$309.40k0.0018%
$ 968.2k
Melanie Trent
Independent Lead Director8.2yrsUS$339.40k0.0050%
$ 2.6m
Frank Tsuru
Independent Director3.9yrsUS$300.65k0.0025%
$ 1.3m
Lance Robertson
Independent Director1.8yrsUS$290.65k0.0032%
$ 1.7m
Travis Stice
Non-Executive Chairman of the Board13.6yrsUS$20.50m0.14%
$ 71.7m
Stephanie Mains
Independent Director6.2yrsUS$319.40k0.0038%
$ 2.0m
Vincent Brooks
Independent Director6.2yrsUS$324.40k0.0033%
$ 1.7m
5.0yrs
Average Tenure
65yo
Average Age

Experienced Board: FANG's board of directors are considered experienced (5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 01:37
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Diamondback Energy, Inc. is covered by 58 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeanine WaiBarclays
Wei JiangBarclays
Subhasish ChandraBenchmark Company