Diamondback Energy Inc. Stock Slides 8.0%, Underperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Diamondback Energy Inc. shed 8.0% to $194.54 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,551.81 and Dow Jones Industrial Average falling 1.2% to 51,461.90.

The stock's fall snapped a two-day winning streak.

Diamondback Energy Inc. closed 10.3% short of its 52-week high of $216.90, which the company reached on August 20th.

The stock underperformed when compared to some of its peers, as EOG Resources Inc. fell 5.7% to $144.93, Devon Energy Corp. fell 5.6% to $48.44, and Occidental Petroleum Corp. fell 6.55% to $59.36.

Trading volume totaled 15.2 million, compared to the 50-day average of 1.9 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 16, 2026 16:33 ET (20:33 GMT)