Diamondback Energy(US:FANG) ZACKS·2025-10-20 23:16Core Viewpoint - Diamondback Energy is experiencing fluctuations in stock performance, with a recent increase in share price, but a projected decline in earnings per share for the upcoming quarter [1][2]. Group 1: Stock Performance - Diamondback Energy closed at $141.19, up 1.51% from the previous trading session, outperforming the S&P 500's gain of 1.07% [1]. - Over the last month, the company's shares have decreased by 0.42%, which is better than the Oils-Energy sector's loss of 2.63% but underperforming the S&P 500's gain of 1.08% [1]. Group 2: Earnings Expectations - The upcoming earnings report is expected on November 3, 2025, with an anticipated EPS of $2.76, reflecting an 18.34% decline compared to the same quarter last year [2]. - Revenue is projected to be $3.38 billion, indicating a 27.95% increase from the equivalent quarter last year [2]. Group 3: Annual Forecasts - For the entire year, the Zacks Consensus Estimates forecast earnings of $12.64 per share and revenue of $14.2 billion, representing changes of -23.72% and +28.34%, respectively, compared to the previous year [3]. Group 4: Analyst Estimates and Rankings - Recent changes in analyst estimates for Diamondback Energy reflect evolving short-term business trends, with positive revisions indicating optimism about the business outlook [3]. - The Zacks Rank system currently rates Diamondback Energy at 4 (Sell), with a history of outperforming the market [5]. Group 5: Valuation Metrics - Diamondback Energy is trading with a Forward P/E ratio of 11, which is a premium compared to the industry average Forward P/E of 9.71 [6]. - The Oil and Gas - Exploration and Production - United States industry is ranked 221 in the Zacks Industry Rank, placing it within the bottom 11% of over 250 industries [6].