Mirae Asset Boosts Stake in Diamondback Energy

Investment firm increases holdings in oil and gas company by 18.3% in Q4

Apr. 19, 2026 at 9:39am

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An extreme close-up of industrial oil and gas equipment, including pipes, valves, and gauges, conveying the physical scale and financial weight of the energy industry.Mirae Asset's increased investment in Diamondback Energy reflects the institutional appeal of Permian Basin energy producers.Midland Today

Mirae Asset Global Investments Co. Ltd. increased its stake in Diamondback Energy, Inc. (NASDAQ:FANG) by 18.3% in the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 139,308 shares of the oil and natural gas company's stock, valued at $20.9 million.

Why it matters

Diamondback Energy is a major player in the Permian Basin, one of the most prolific oil and gas producing regions in the United States. Institutional investors like Mirae Asset closely monitor and adjust their positions in energy companies as commodity prices and industry dynamics shift.

The details

Mirae Asset's increased stake in Diamondback Energy comes as the company reported strong financial results in its most recent quarter. Diamondback has been able to capitalize on high oil and gas prices, though it did miss some analyst estimates in its latest earnings report.

  • Mirae Asset increased its Diamondback Energy holdings in the fourth quarter of 2025.
  • Diamondback Energy reported its latest quarterly earnings in February 2026.

The players

Mirae Asset Global Investments Co. Ltd.

A South Korean global asset management firm that has been increasing its investments in the U.S. energy sector.

Diamondback Energy, Inc.

An independent oil and natural gas company focused on the Permian Basin in West Texas and southeastern New Mexico.

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The takeaway

Mirae Asset's increased stake in Diamondback Energy reflects the continued interest from institutional investors in U.S. energy companies that are well-positioned to benefit from favorable market conditions in the Permian Basin.