AIEQ0.230%
as of Sep 4
FANG
DefensiveDIAMONDBACK ENERGY INC
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. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Close · 3M
+4.18%
Held by 1 AI ETF
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals7
Win rate29% (2/7)
Avg buy return+0.39%
AIEQ · Sudden change · 1d
weight 2.180% → 0.230% (-1.950 pp)·stock up 2.2% in the 30 days before
Sep 1·entry $203.16·now $202.94
-0.11%
since Sep 1
AIEQ · Weight decrease · 3d
weight 2.320% → 2.200% (-0.120 pp)·stock up 0.7% in the 30 days before
Aug 27·entry $200.52·now $202.94
+1.21%
since Aug 27
AIEQ · Weight decrease · 2d
weight 2.320% → 2.210% (-0.110 pp)·stock up 5.0% in the 30 days before
Aug 26·entry $199.84·now $202.94
+1.55%
since Aug 26
AIEQ · Weight increase · 2d
weight 2.190% → 2.320% (+0.130 pp)·stock up 4.4% in the 30 days before
Aug 19·entry $208.55·now $202.94Fresh
-2.69%
since Aug 19
AIEQ · Weight increase · 2d
weight 2.080% → 2.210% (+0.130 pp)·stock up 5.3% in the 30 days before
Aug 12·entry $200.84·now $202.94Fresh
+1.05%
since Aug 12
AIEQ · Weight decrease · 3d
weight 2.240% → 2.080% (-0.160 pp)·stock up 3.3% in the 30 days before
Aug 8·entry $198.97·now $202.94
+2.00%
since Aug 8
AIEQ · Weight decrease · 2d
weight 2.240% → 2.110% (-0.130 pp)·stock up 3.3% in the 30 days before
Aug 7·entry $188.04·now $202.94
+7.92%
since Aug 7
AIEQ · Sudden change · 1d
weight 0.950% → 2.240% (+1.290 pp)·stock up 18.0% in the 30 days before
Aug 2·entry $198.75·now $202.94
+2.11%
since Aug 2
AIEQ · Weight increase · 3d
weight 0.930% → 0.980% (+0.050 pp)·stock up 11.6% in the 30 days before
Jul 24·entry $204.68·now $202.94Fresh
-0.85%
since Jul 24
AIEQ · Weight increase · 2d
weight 0.930% → 0.960% (+0.030 pp)·stock up 9.4% in the 30 days before
Jul 23·entry $205.49·now $202.94Fresh
-1.24%
since Jul 23
AIEQ · Weight increase · 2d
weight 0.820% → 0.880% (+0.060 pp)·stock down 8.2% in the 30 days before
Jul 9·entry $182.00·now $202.94Chased
+11.51%
since Jul 9
AIEQ · Weight decrease · 2d
weight 0.660% → 0.620% (-0.040 pp)·stock down 1.3% in the 30 days before
Jun 7·entry $198.20·now $202.94
+2.39%
since Jun 7
AIEQ · Weight increase · 2d
weight 0.600% → 0.660% (+0.060 pp)·stock down 1.6% in the 30 days before
Jun 4·entry $202.94·now $202.94Fresh
0.00%
since Jun 4
AIEQ · Sudden change · 1d
weight 0.050% → 0.600% (+0.550 pp)·stock down 6.7% in the 30 days before
May 30·entry $199.03·now $202.94
+1.96%
since May 30
AIEQ · New entry · 1d
weight 0 → 0.050% (new)·stock up 8.9% in the 30 days before
May 3·entry $213.69·now $202.94Fresh
-5.03%
since May 3
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Too hard to callas of Aug 9
The AI ETF AIEQ recently showed a sudden large increase in its position in Diamondback Energy, though it has since trended towards decreasing its weight. This activity contrasts with a Buffett-style framework, which deems the company 'Too Hard' to evaluate due to the inherent unpredictability of commodity prices. The framework suggests that reliable long-term cash flow projections, essential for intrinsic value estimation, are not feasible for this type of business.
- Circle of CompetenceThe company's profitability is tied to highly volatile commodity prices, making long-term cash flow predictability beyond a few years inherently difficult for an exploration and production business.
- Economic MoatAnalysis of an economic moat is not applicable as the company fails the circle of competence criterion.
- ManagementManagement assessment is not applicable as the company fails the circle of competence criterion.
- Financial HealthFinancial health analysis is not applicable as the company fails the circle of competence criterion.
- Margin of SafetyMargin of safety analysis is not applicable as the company fails the circle of competence criterion.
Diamondback Energy Inc. falls outside the circle of competence for a Buffett-style investor due to its direct exposure to unpredictable commodity prices. This inherent volatility in unit economics prevents the reasonable projection of ten-year cash flows, rendering the business 'Too Hard' to evaluate within this framework. Consequently, further analysis of moats, management, financials, or price is not applicable.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.