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Shares of Diamondback Energy Inc. (FANG) slipped 5.09% to $192.62 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&amp;P 500 Index falling 2.64% to 7,383.74 and Dow Jones Industrial Average falling 1.35% to 50,866.78.
This was the stock's second consecutive day of losses.
Diamondback Energy Inc. closed 10.20% short of its 52-week high of $214.51, which the company reached on May 4th.
The stock underperformed when compared to some of its competitors Friday, as EOG Resources Inc. (EOG) fell 2.20% to $137.78, Devon Energy Corp. (DVN) fell 3.72% to $44.28, and Occidental Petroleum Corp. (OXY) fell 2.97% to $56.93.
Trading volume (3.7 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 5, 2026.
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(END) Dow Jones Newswires
06-05-26 1648ET

FANG

Diamondback Energy (FANG) shares fell 5.09% to $192.62 on Friday, underperforming competitors like EOG Resources and Devon Energy during a broader market decline. This marks the second consecutive day of losses for the stock, which remains 10.20% below its 52-week high. Trading volume reached 3.7 million, exceeding the 50-day average.

Diamondback Energy Inc. Stock Underperforms Friday When Compared To Competitors