Analyst Raises Diamondback Energy (FANG) Price Target to $218

Core Viewpoint - Diamondback Energy, Inc. (NASDAQ:FANG) is recognized as a promising investment opportunity, particularly noted for its inclusion among the best low-risk dividend stocks [1]. Group 1: Price Target and Analyst Ratings - Piper Sandler has raised its price target for Diamondback Energy to $218 from $215, maintaining an 'Overweight' rating [3]. - The firm anticipates that gas-focused companies will report strong Q4 results, while oil producers face challenges due to WAHA pricing and declining oil and NGL prices [3]. Group 2: Operational Performance - In Q4, Diamondback Energy experienced a decline in oil prices, with the average realized oil price falling to $58.00 per barrel from $64.60 in Q3, reflecting a 9.2% decrease in crude prices [4]. - The market's focus on oversupply and tariff concerns overshadowed geopolitical risks during this period [4]. Group 3: Earnings Expectations - Analysts project that Diamondback will report adjusted earnings of $2.64 per share for Q4 and $12.98 per share for the full year, based on estimates from LSEG [5].