7 Best Low-Risk Dividend Stocks To Invest In

2. Diamondback Energy, Inc. (NASDAQ:FANG)

Beta (5Y Monthly): 0.58

5-Year Average Revenue Growth: 38.16%

Diamondback Energy, Inc. (NASDAQ:FANG) is an independent oil and gas producer focused on unconventional onshore assets, with its core operations centered in the Permian Basin of West Texas.

On January 28, Piper Sandler nudged its price target on Diamondback Energy, Inc. (NASDAQ:FANG) up to $218 from $215 and kept an Overweight rating. In its sector view, the firm said it expects gas-focused names to deliver solid Q4 results. Oil producers had a tougher setup, weighed down by WAHA pricing and softer oil and NGL prices. Looking into FY26, Piper expects most oil companies to stick to maintenance-style programs, while several gas producers are pushing for growth as LNG demand picks up.

Earlier in the month, on January 13, Diamondback Energy, Inc. said it received lower prices for its oil in the fourth quarter compared with the prior three months. Crude prices fell 9.2% in the period ended December 31, with markets more focused on oversupply and tariff concerns than geopolitical risks. In that environment, Diamondback’s average realized oil price dropped to $58.00 per barrel, down from $64.60 in the third quarter.

The update echoed comments from Exxon Mobil, which warned that weaker crude prices could cut quarterly upstream earnings by roughly $800 million to $1.2 billion.

Looking ahead, analysts expect Diamondback to report adjusted earnings of $2.64 per share for the fourth quarter and $12.98 per share for the full year, according to LSEG estimates.