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Shares of Diamondback Energy Inc. (FANG) rallied 1.69% to $202.40 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&amp;P 500 Index rising 0.13% to 7,609.78 and the Dow Jones Industrial Average rising 0.45% to 51,307.79.
This was the stock's second consecutive day of gains.
Diamondback Energy Inc. closed 5.65% below its 52-week high of $214.51, which the company achieved on May 4th.
The stock outperformed some of its competitors Tuesday, as EOG Resources Inc. (EOG) rose 1.43% to $138.58, Devon Energy Corp. (DVN) fell 0.19% to $46.22, and Occidental Petroleum Corp. (OXY) rose 0.29% to $59.09.
Trading volume (1.8 M) remained 1.0 million below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2026.
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(END) Dow Jones Newswires
06-02-26 1648ET

FANG

Diamondback Energy Inc. (FANG) shares rose 1.69% to $202.40, outperforming competitors like EOG Resources and Occidental Petroleum during a positive market session. This marks the second consecutive day of gains for the stock, which remains 5.65% below its 52-week high. Trading volume was lower than the 50-day average.

Diamondback Energy Inc. Stock Outperforms Competitors On Strong Trading Day