This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Diamondback Energy Inc. (FANG) advanced 4.05% to $210.59 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&amp;P 500 Index falling 0.74% to 7,553.68 and Dow Jones Industrial Average falling 1.21% to 50,687.07.
This was the stock's third consecutive day of gains.
Diamondback Energy Inc. closed 1.83% short of its 52-week high of $214.51, which the company achieved on May 4th.
The stock outperformed some of its competitors Wednesday, as EOG Resources Inc. (EOG) rose 2.11% to $141.50, Devon Energy Corp. (DVN) fell 0.09% to $46.18, and Occidental Petroleum Corp. (OXY) rose 0.93% to $59.64.
Trading volume (3.1 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2026.
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(END) Dow Jones Newswires
06-03-26 1648ET

FANG

Diamondback Energy (FANG) shares rose 4.05% to $210.59, outperforming peers like EOG Resources and Occidental Petroleum during a broader market decline. This marks the third consecutive day of gains for Diamondback, which closed just below its 52-week high. Trading volume exceeded the 50-day average.

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Diamondback Energy

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OCCIDENTAL PETROLEUM CORP C/W 03/08/27(OCCIDENTAL P)USD22

Diamondback Energy Inc. Stock Outperforms Competitors On Strong Trading Day