4. Diamondback Energy Inc. (NASDAQ: FANG)
Intraday stock price: $184.05 | Down 0.64% | Volume: 0.55 million shares
Diamondback Energy, Inc. (NASDAQ: FANG) is one of the strongest Permian-focused names on this list. Its appeal rests on a straightforward question: how much oil can it produce, and how much cash can it retain when prices are favorable?
Its recent operating update supplied a notable answer on production. Diamondback Energy, Inc. (NASDAQ: FANG) raised its full-year 2026 oil production guidance to more than 522,000 barrels per day and its total production guidance to more than one million barrels of oil equivalent per day, while leaving its stated full-year cash capital expenditure plan unchanged. Those figures make production and spending discipline central to the stock’s story.
Diamondback Energy, Inc. (NASDAQ: FANG) was down 0.64% on Tuesday. Investors considering it as an oil-price play should watch whether output meets the revised guidance and whether higher crude prices translate into stronger cash flow. The Permian concentration provides a clear investment angle, but it also leaves the shares exposed to shifts in oil prices and operating costs.
