Why FANG beats the market
Up 135% over five years while the S&P 500 rose 76%.
- Revenue grew faster than its peers' median,
FANG's Quality Score fell 4 points on Mon, Nov 2, to 9.
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Up 135% over five years while the S&P 500 rose 76%.
| The chart | Above a rising 200-day average |
| Latest filing | 8-K, Nov 2 |
ReportToday after the close: sales of $5.4B; a profit of $5.69 a share. Raised its outlook for the year. Past reports ›
TodayDiamondback Energy reported quarterly revenue of $5.43 billion and diluted EPS of $5.69
GroupOil and tanker stocks fell together: “Oil Prices Slide And Energy Stocks Follow Lower”
Tue Nov 3: Q3 2026 Earnings Conference CallDate confirmed.
Expected to report Mon Feb 22, after the close
Averagefor quality, not price, 3 of 14 chart checks firingWhat the Quality Score means
FANG is #19 of 88 by Quality Score.
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Net income over four quarters: FANG $1.47B, DVN $3.28B, PR $1.23B, CHRD $848M.
Expected to report Mon Feb 22, after the close (in 112 days). Expected.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $5.4B, 38% more than a year ago; a profit of $5.69 a share, from $3.51.
FANG's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| Cash capital expenditures | $3.95B to $4.00B |
Sales grew 40% a year over 5 years, fiscal 2020 to 2025.
Pays $4.40 a share a year.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Aug 3, 2026 | -4.8% | -3.5% | +0.1% |
| May 4, 2026 | -1.7% | -3.5% | -8.2% |
| Feb 23, 2026 | +0.7% | -0.8% | +3.0% |
Sales grew in five of the last seven years, to $15B in 2025. It made a profit in seven of the eight years.
10 insiders sold $3.9B across 24 filings in the last 6 months. No open-market buys on record. The newest:
4 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: FANG is 0.3% of JEPQ, 0.3% of QQQI, and 0.3% of QQQ, the most of the 24 funds Breakaway covers, by their holdings as filed for Jun 30, 2026.
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.
“The oil and natural gas industry is intensely competitive and we compete with other companies that may have greater resources.”
FANG scores 9 today, which Breakaway calls Average. It is #19 of 88 in Oil & Gas by Quality Score, with 3 of 14 chart checks firing. Up 135% over five years while the S&P 500 rose 76%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
FANG scores 9 today, which Breakaway calls Average (6 to 10). That is #19 of 88 in Oil & Gas by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind FANG's 9.
10 insiders sold $3.9B across 24 filings in the last 6 months. No open-market buys on record. The newest is SGF Fang Holdings, LP, 10% owner, who sold $1.9B on Sep 16. Every filing, with the scored weight, for Pro members.
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