Diamondback Energy, Inc. (FANG)
Energy ยท Crude Petroleum & Natural Gas
Diamondback Energy, Inc. (FANG) is listed on Nasdaq, where its shares have traded since October 12, 2012. SentiSense covers Diamondback Energy, Inc. in the Energy sector, and its Standard Industrial Classification is Crude Petroleum & Natural Gas. Kaes Van't Hof is its chief executive officer. The company reports 1,762 employees, and its corporate website is www.diamondbackenergy.com.
About Diamondback Energy, Inc.
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland sub-basin, with some of the lowest unit costs among its Permian peers.
Latest reported results
Diamondback Energy, Inc. reported revenue of $5.56 billion for Q2 FY2026, up 52.3% from the same period a year earlier.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 1,169 institutions reported holding FANG, with 200.2 million shares worth $35.2 billion in aggregate. The largest reported holders were Vanguard, BlackRock and Wellington Management. Of the 5 largest reported holders, all 5 added shares during the quarter.
More on FANG
- FANG sentiment: whether news and social coverage of Diamondback Energy, Inc. leans bullish or bearish, and the stories driving it.
- FANG ownership: all 1,169 reporting institutions, plus insider and congressional trades.
- FANG financials: revenue, net income, operating margin and free cash flow through Q2 FY2026.
SentiSense also tracks daily options readings for Diamondback Energy, Inc.: IV rank, put/call percentile, 25-delta skew and open-interest walls.
Frequently asked questions
What does Diamondback Energy, Inc. do?
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin.
What sector is FANG in?
SentiSense classifies Diamondback Energy, Inc. in the Energy sector, and its Standard Industrial Classification is Crude Petroleum & Natural Gas.
Where does FANG stock trade?
Diamondback Energy, Inc. (FANG) is listed on Nasdaq, where its shares have traded since October 12, 2012.
Who is the CEO of Diamondback Energy, Inc.?
Kaes Van't Hof is the chief executive officer of Diamondback Energy, Inc..