FA
FANG
+4.3%🟢 Fundamentally supportedDiamondback Energy, Inc. · Energy
$203.95Vol 2.57M · 1.0× normalMkt cap +$2.33Bafter · 2026-10-16 ET
What happened
Move
+4.3%
Price
$203.95
Volume
2.57M
1.0× normal
Market cap
$57.11B
+$2.33B today
Why it moved
Earnings releasemedium confidence
- Earnings Preview: What To Expect From Diamondback Energy's Report — finnhub-news
- Will Diamondback (FANG) Beat Estimates Again in Its Next Earnings Report? — finnhub-news
Possible catalyst: earnings release.
Verdict — was the move justified?
🟢 Fundamentally supported
Earnings release — direction and rough magnitude are consistent with the identified fundamental catalyst.
How unusual is this move
σ score
2.9σ
vs own 20d volatility
Percentile
94th
of 1280 daily moves
Avg daily move
±1.7%
own 5y average
vs sector
+1.3%
beyond sector median
Today’s move is among the largest 6% of FANG’s daily moves over the last 5 years — while the sector moved +2.9% and the market -0.3%.
What happened after similar moves
115 similar up moves in FANG’s 5-year history:
After 5 days
+0.7%
56% higher
After 20 days
+1.8%
60% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 30G 50P 28H 22Q 10EW 48/65
Insider activity (90d): net selling $1.89B
Valuation context
P/E (TTM)
38.9
5y median 10.2
P/E percentile
84%
vs own 5y history
Trading richer than 84% of its own historical valuation range.
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