EQT (EQT) vs Diamondback Energy (FANG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Diamondback Energy (FANG) has outperformed EQT (EQT) over the past year, gaining 28.6% versus a loss of 6.2%. Over five years, EQT leads with a +167.2% price change compared with +77.0% for FANG. Diamondback Energy is the larger company by market cap ($54.00 billion vs $33.14 billion), about 1.6 times the size, while EQT is growing revenue faster (+63.9% vs +35.8%).
On valuation, Diamondback Energy trades at a lower forward P/E (10.3x vs 14.0x for EQT). Diamondback Energy offers the higher dividend yield (2.20% vs 1.23%). EQT converts more of its revenue into profit, with a net margin of 23.6% versus 11.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EQT | FANG |
|---|---|---|
| Share price | $52.98 | $192.84 |
| Market cap | $33.14B | $54.00B |
| 1-day change | +0.07% | +0.61% |
| YTD return | -1.23% | +27.51% |
| 1-year return | -6.15% | +28.58% |
| 5-year return | +167.24% | +77.02% |
| P/E ratio (TTM) | 12.29 | 36.73 |
| Forward P/E | 14.05 | 10.29 |
| EPS (TTM) | $4.31 | $5.25 |
| Dividend yield | 1.23% | 2.20% |
| Annual dividend | $0.653 | $4.25 |
| Revenue (latest FY) | $8.64B | $15.03B |
| Revenue growth (YoY) | +63.92% | +35.79% |
| Net income (latest FY) | $2.04B | $1.66B |
| Gross margin | 82.28% | — |
| Operating margin | 37.59% | 8.43% |
| Net margin | 23.59% | 11.07% |
| 52-week high | $68.24 | $216.90 |
| 52-week low | $47.94 | $137.03 |
| Distance from 52-week high | -22.37% | -11.09% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +26.83% | +21.69% |
| Average volume | 7.20M | 2.35M |
| Shares outstanding | 625.52M | 280.02M |
| Employees | 1,523 | 1,762 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FANG has outperformed EQT by 34.7 percentage points over the past year.
- Diamondback Energy trades at a higher earnings multiple (36.7x vs 12.3x trailing P/E).
- EQT is more profitable, keeping 23.6 cents of every revenue dollar as net income versus 11.1 cents for Diamondback Energy.
- EQT grew revenue faster in its latest fiscal year (+63.92% vs +35.79%).
About EQT
EQT stock →EQT Corporation engages in the exploration, production, gathering, and transmission of hydrocarbons and natural gas. The company sells natural gas, natural gas liquids, and oil to marketers, utilities, and industrial customers located in the Appalachian Basin.
Energy · Oil & Gas Production · 1,523 employees
About Diamondback Energy
FANG stock →Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico.
Energy · Oil & Gas Production · 1,762 employees
EQT vs FANG FAQ
Which is bigger, EQT or Diamondback Energy?
Diamondback Energy (FANG) is larger, with a market capitalization of $54.00B compared with $33.14B for EQT (EQT).
Which stock has performed better over the past year, EQT or FANG?
FANG returned +28.58% over the past 12 months, compared with -6.15% for EQT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EQT or FANG?
EQT has the lower trailing P/E at 12.3, versus 36.7 for FANG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, EQT or Diamondback Energy?
Diamondback Energy has the higher yield at 2.20%, compared with 1.23% for EQT.
Are EQT and Diamondback Energy in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.