Stock AnalizDiamondback Energy (FANG) earnings for the quarter ended September 2026: EPS beats estimates
Diamondback Energy reported results for the quarter ended September 2026 on November 2, 2026. Adjusted earnings per share came in at $5.86 against the analysts’ average forecast of $5.60, a beat of 4.6%.
Revenue for the quarter was $5.43 billion, up 38.4% from $3.92 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 9.3% on the first trading day after the report.
The last four quarters
Diamondback Energy has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $5.86 | $5.60 | +4.6% | +38% | −9.3% |
| Jun 2026 | $6.48 | $5.98 | +8.3% | +51% | −5.5% |
| Mar 2026 | $4.23 | $3.75 | +12.8% | +5% | −0.7% |
| Dec 2025 | $1.74 | $2.00 | −13.2% | −9% | −2.0% |
What comes next
Analysts expect EPS of $6.81 for the next quarter on average and $23.13 for the fiscal year ending December 31, 2026.
The average analyst price target is $237.43, 28% above the current price of $184.93.
Valuation and score
Diamondback Energy scores 3.2 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 24.9, and its intrinsic value under moderate assumptions is about 3% above the current market value. Full Diamondback Energy analysis with 10 years of financials
Frequently asked questions
What was Diamondback Energy’s EPS for the quarter ended September 2026?
$5.86 adjusted per share, against an analyst consensus of $5.60.
How much revenue did Diamondback Energy report?
$5.43 billion, up 38.4% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.