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FANG

Diamondback Energy, Inc.

Sector: energyOil & Gas Exploration & ProductionNASDAQMarket Cap: $50.43B

Diamondback Energy (FANG) is an independent oil and natural gas company focused on the Permian Basin, with a primary political signal being a $5,000 donation to a Texas Republican on the House Energy and Commerce Committee and executive branch exposure via a Trump holding.

Govt Dependence
10/100
Regulatory Density
75/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat FANG does

Diamondback Energy is an independent oil and natural gas company engaged in the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. Its revenue is derived primarily from the sale of crude oil, natural gas liquids, and natural gas. The company operates through vertical integration, including midstream services through its subsidiary.

12 months past · 3 months futureFANG activity timeline

$214$172$130 JunJulAugSepOctNovDecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $207.65 hi $134.53 lo $207.65 CONGRESS 30 INSIDERS 0 13F FUNDS 30 BILLS 39 Roger Williams (R) · Sale · 2025-12-22Lisa C. McClain (R) · sale · 2025-07-16Lisa C. McClain (R) · Sale · 2025-07-16Lisa C. McClain (R) · purchase · 2025-06-17Lisa C. McClain (R) · Purchase · 2025-06-17 D.E. Shaw & Co. · OPENED $263M · 2025-12-31D.E. Shaw & Co. · OPENED $209M · 2025-09-30D.E. Shaw & Co. · OPENED $201M · 2025-06-30Citadel Advisors · OPENED $130M · 2025-06-30Citadel Advisors · OPENED $128M · 2025-12-31Citadel Advisors · OPENED $110M · 2025-09-30Millennium Management · OPENED $64M · 2025-09-30Two Sigma Investments · OPENED $54M · 2025-12-31Two Sigma Investments · OPENED $53M · 2025-09-30Millennium Management · OPENED $19M · 2025-06-30Millennium Management · OPENED $17M · 2025-12-31 S.881 · committee · 2025-09-10 MARKUP · House Foreign Affairs Subcommittee on Europe · 2026-05-19MARKUP · House Foreign Affairs Oversight and Intelligence Subcommitte · 2026-05-19MARKUP · House Foreign Affairs East Asia and Pacific Subcommittee · 2026-05-19MARKUP · House Science, Space, and Technology · 2026-05-20MARKUP · Senate Foreign Relations · 2026-05-20MARKUP · Senate Environment and Public Works Subcommittee on Clean Ai · 2026-05-20MARKUP · House Foreign Affairs · 2026-05-20MARKUP · · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Oversight and Inve · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Health · 2026-05-20MARKUP · House Foreign Affairs Subcommittee on Western Hemisphere · 2026-05-20MARKUP · House Natural Resources Subcommittee on Federal Lands · 2026-05-21MARKUP · House Science, Space, and Technology Subcommittee on Environ · 2026-05-21MARKUP · House Natural Resources Subcommittee on Indian and Insular A · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
240 trading days · 5 congressional trades shown · 0 insider buys · 11 13F filings · 1 past bill actions · 14 upcoming markups

Executive Branch ConflictsFANG held by Trump-administration officials

1 cabinet/senior official reported FANG positions in OGE Form 278 disclosures across 1 filings.

Lifetime Government AwardsFANG federal contracts

FANG doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding FANG

$2.71B
Total FANG held by tracked 13F funds
37
Funds with FANG positions
+37
Funds opened this quarter
D.E. Shaw & Co. $269M opened 2024-12-31
D.E. Shaw & Co. $263M opened 1 overlap 2025-12-31
D.E. Shaw & Co. $209M opened 2025-09-30
D.E. Shaw & Co. $201M opened 2025-06-30
D.E. Shaw & Co. $194M opened 2024-09-30
Citadel Advisors $155M opened 2024-06-30
Citadel Advisors $130M opened 2025-06-30
Citadel Advisors $128M opened 1 overlap 2025-12-31
29 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading FANGMembers of Congress with recent FANG positions

4 politicians traded FANG across 13 disclosed transactions totaling $202K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just FANG). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading FANG

2025-12-22 Roger Williams R-Texas · house Sale $1,001 - $15,000
2025-07-16 Lisa C. McClain R-Michigan · house sale $1,001 - $15,000
2025-07-16 Lisa C. McClain R-Michigan · house Sale $1,001 - $15,000
2025-06-17 Lisa C. McClain R-Michigan · house purchase $1,001 - $15,000 57d late
2025-06-17 Lisa C. McClain R-Michigan · house Purchase $1,001 - $15,000 57d late
2025-04-08 Robert P. Bresnahan R-Pennsylvania · house Sale $1,001 - $15,000
2025-04-08 Robert P. Bresnahan R-Pennsylvania · house sale $1,001 - $15,000
2024-10-15 Greg Landsman D-Ohio · house Sale $15,001 - $50,000
2024-10-15 Greg Landsman D-Ohio · house sale $15,001 - $50,000
2024-09-10 Greg Landsman D-Ohio · house Sale $1,001 - $15,000
2024-09-10 Greg Landsman D-Ohio · house sale $1,001 - $15,000
2023-11-16 Greg Landsman D-Ohio · house Sale $1,001 - $15,000 272d late
30+ trades on file · most recent 2026-01-15

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting FANGLive legislation impacting this stock

Political ProfileWhere FANG sits in Washington

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STRUCTURAL: Single $5,000 donation to a Republican House member on the Energy and Commerce Committee (jurisdiction over energy policy). EVIDENTIARY: No recent corporate insider buys in 180-day window (get_corporate_insider_signal.score 0), but two Form 4 buys in late 2024/early 2025 totaling ~$1.29M. Executive branch exposure via Trump holding (get_executive_branch_exposure.by_ticker[0].holdings[0]). Congressional trading shows mixed sales and purchases by two members in 2025. Net: Limited but aligned political access with minimal financial engagement.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Environmental regulations impacting oil and gas extraction
    EPA
    "Recent bill_impacts show multiple energy sector bills with revenue impacts, indicating regulatory activity."
  • Land use and drilling permits
    BLM, DOE
    "Energy sector bills suggest potential legislative changes affecting operations."

Regulatory opportunities

  • Favorable energy policies supporting domestic production
    DOE
    "Congressional champion on House Energy and Commerce Committee could advocate for pro-industry bills."
  • Tax incentives for oil and gas
    Congress
    "Political alignment with Republican party may lead to supportive legislation."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.
Member intelligence layer

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Frequently AskedAbout FANG & political exposure

Does Diamondback Energy, Inc. (FANG) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Diamondback Energy, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own FANG stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in FANG on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded FANG stock?
69 congressional trades by 10 unique members of Congress, most recently on 2025-12-22. See the Congressional Trading panel for politician-by-politician breakdown.
What is FANG political risk profile?
Government dependence: 10/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 100% / D 0%.
How does GovGreed track FANG political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. FANG data is updated daily from these official federal sources.