“`html
Diamondback Energy (FANG) closed at $172.42 on the latest trading session, marking a 1.64% increase from the prior day’s close. The company’s stock performance surpassed the S&P 500, which fell by 1.11%. Over the past month, FANG has risen by 1.51%, while the Oils-Energy sector has declined by 11.62%.
The company’s upcoming financial results are anticipated on Thursday, with an expected EPS of $3.37, reflecting a 28.9% decrease year-over-year. Revenue is projected to reach $3.4 billion, representing a significant 52.66% year-over-year increase. FANG currently has a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 10.76 compared to the industry average of 9.89.
Additionally, FANG has a PEG ratio of 1.29, while the Oil and Gas – Exploration and Production – United States sector averages 1.2. The industry ranks in the bottom 41% of over 250 industries, per the Zacks Industry Rank.
“`
