
Diamondback Energy, Inc. (FANG), headquartered in Midland, Texas, operates as an independent oil and natural gas company. With a market cap of $43.3 billion, the company acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The leading independent oil and gas company is expected to announce its fiscal fourth-quarter earnings for 2025 after the market closes on Monday, Feb. 23.
Ahead of the event, analysts expect FANG to report a profit of $2.41 per share on a diluted basis, down 33.8% from $3.64 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.