Will the $26B Endeavor Merger Fuel a Massive Earnings Beat for FANG?
Published . Updated .
Diamondback Energy heads into its Q3 report with a $26 billion merger integration underway, costs under pressure, and Wall Street expecting an 82% earnings jump. Whether the Endeavor deal actually delivers on its promises becomes clear Monday after the bell.
Directly affected
- FANG Diamondback Energy-2.1% 30d
Named in this report.
Indirectly affected
- XLE Energy Select Sector SPDR+5.6% 30d
Energy Select Sector SPDR holds the energy sector that Diamondback Energy belongs to, so it often moves with news about it.
- CNQ Canadian Natural Resources+2.1% 30d
Canadian Natural Resources is a peer of Diamondback Energy in crude petroleum and natural gas; rivals often move on the same news.
- E Eni S.p.A+3.8% 11d
Eni S.p.A is a peer of Diamondback Energy in crude petroleum and natural gas; rivals often move on the same news.
- EOG EOG Resources+10.2% 13d
EOG Resources is a peer of Diamondback Energy in crude petroleum and natural gas; rivals often move on the same news.
- OXY Occidental Petroleum+3.7% 19d
Occidental Petroleum is a peer of Diamondback Energy in crude petroleum and natural gas; rivals often move on the same news.
- DVN Devon Energy+3.8% 30d
Devon Energy is a peer of Diamondback Energy in crude petroleum and natural gas; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FANGNo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| CNQNo price data for this ticker | — | — | — | — | — | — | — |
| ENo price data for this ticker | — | — | — | — | — | — | — |
| EOGNo price data for this ticker | — | — | — | — | — | — | — |
| OXYNo price data for this ticker | — | — | — | — | — | — | — |
| DVNNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Will the $26B Endeavor Merger Fuel a Massive Earnings Beat for FANG? 24/7 Wall St.
Source: 24/7 Wall St.
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Eog Resources (EOG), worth $100,001 - $250,000 on 21 Aug 2026. That is 67 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 67 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Kevin Hern sold Devon Energy (DVN) (jointly held), worth $50,001 - $100,000 on 23 Sep 2026. That is 34 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Devon Energy (DVN) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 34 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Devon Energy (DVN) (jointly held), worth $15,001 - $50,000 on 14 Sep 2026. That is 43 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Will the $26B Endeavor Merger Fuel a Massive Earnings Beat for FANG?” scores 12 out of 100. The score uses 1 sources.