11 Most Profitable Value Stocks to Invest In Right Now

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8. Diamondback Energy Inc. (NASDAQ:FANG)

Forward P/E Ratio as of December 16: 13.99

TTM Net Income as of December 16: $4.19 billion

TTM Net Income Margin as of December 16: 28.69%

Number of Hedge Fund Holders: 42

Diamondback Energy Inc. (NASDAQ:FANG) is one of the most profitable value stocks to invest in right now. On December 12, UBS raised the firm’s price target on Diamondback Energy to $194 from $174 and kept a Buy rating on the shares. Following three years of stagnant performance, the Energy sector is poised for a breakout in 2026. UBS  believes that this recovery is underpinned by a brightening outlook for oil and gas prices, value-generating M&A activity, and disciplined capital spending.

Earlier on December 8, JPMorgan lowered the firm’s price target on Diamondback Energy to $159 from $166 with an Overweight rating on the shares. As part of its 2026 outlook for the exploration and production sector, JPMorgan updated its ratings and price targets to reflect a shifting energy landscape. The firm identifies supply-side risks regarding oil and liquids, but believes that the long-awaited demand inflection for natural gas is finally underway. The firm also warned that oil prices could face downward pressure in 2026, which is expected to partly stem from a crude oil oversupply.

In Q3 2025, Diamondback Energy reported adjusted earnings of $3.08 per share, which beat analyst estimates of $2.94, on revenues of $3.92 billion. The revenue alone rose by 48.36% year-over-year, beating expectations by $394.29 million. The company’s operational efficiency reached new heights, with average oil production hitting 503,800 barrels per day (part of a total 942,900 barrels of oil equivalent per day). Looking ahead to 2026, management established a new production baseline of 510,000 barrels of oil per day, signaling a flat growth strategy designed to prioritize cash flow generation over volume in an uncertain global market.

Diamondback Energy Inc. (NASDAQ:FANG) is an independent oil and natural gas company that acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

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