Diamondback Energy (FANG) vs. EOG and COP: Can Its Permian Advantage Drive Long-Term Shareholder Returns?

Is FANG a good stock to buy? We came across a bullish thesis on Diamondback Energy, Inc. on Astute Optics – US’s Substack. In this article, we will summarize the bulls’ thesis on FANG. Diamondback Energy, Inc.’s share was trading at $205.75 as of October 23rd 2026. FANG’s trailing and forward P/E were 39.19 and 9.55 respectively according to Yahoo Finance.

This isn’t the first time we see an oil and gas company pitched as a great investment. FANG shares gained 42.49% over the last...