Diamondback Energy, Inc. (FANG)
Diamondback Energy, Inc. (FANG) is an independent oil and natural gas company engaged in the exploration, development, and production of hydrocarbons in the United States, primarily in the Permian Basin of West Texas. Founded in 2007, the company focuses on acquiring, developing, and optimizing shale assets to maximize resource recovery and operational efficiency.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 21, 2025 | $1.00 | 2025-08-14 | 2025-08-14 |
| May 22, 2025 | $1.00 | 2025-05-15 | 2025-05-15 |
| March 13, 2025 | $1.00 | 2025-03-06 | 2025-03-06 |
| November 21, 2024 | $0.90 | 2024-11-14 | 2024-11-14 |
| August 22, 2024 | $1.44 | 2024-08-15 | 2024-08-15 |
Dividends Summary
- Diamondback Energy, Inc. has issued 39 dividend payments over the past 7 years
- The most recent dividend was paid 47 days ago, on August 21, 2025
- The highest dividend payed out to investors during this period was $2.53 per share
- The average dividend paid during this period was $0.83 per share.
Company News
Despite falling oil prices, three oil companies (ConocoPhillips, Diamondback Energy, and EOG Resources) demonstrate strong financial resilience through low-cost operations, robust cash flows, and strategic investments, making them attractive investment options.
Deep Blue Midland Basin LLC acquired Environmental Disposal Systems from Diamondback Energy for approximately $695 million upfront, with potential additional $200 million in performance-based earnouts. The transaction expands Deep Blue's water infrastructure platform in the Midland Basin.
Diamondback Energy is selling its 27.5% equity interest in EPIC Crude Holdings to Plains All American Pipeline for $500 million upfront, with potential additional $96 million contingent payment, expected to close in early 2026.
The article highlights two dividend-paying stocks, Diamondback Energy (FANG) and T. Rowe Price Group (TROW), as long-term investment options. Both companies have strong fundamentals and attractive dividend payouts, making them appealing choices for income-focused investors.
The SPDR Russell 1000 Yield Focus ETF (ONEY) is a smart beta exchange-traded fund that aims to provide broad exposure to the large-cap value segment of the market. The fund tracks the Russell 1000 Yield Focused Factor Index, which selects stocks based on a combination of value, quality, and yield characteristics.
