Profit180

16-May-2024 9:40 AM

3 Energy Stocks to Watch on a Potential Oil Volume Surge in '24

Upstream players like EOG, COP and FANG are embracing the strategy of production expansion to benefit from potentially profitable crude prices.

14-May-2024 1:24 PM

Merger Mayhem: FTC's Oil Sector Crackdown Puts These 3 Pending Deals at Risk

ExxonMobil (NYSE: XOM ) recently completed its $60 billion acquisition of Pioneer Natural Resources. The deal expands the oil and gas giant's presence in the oil-rich Permian basin.

13-May-2024 12:26 PM

Diamondback Energy: Evolving Powerhouse In The Permian

Diamondback Energy is a low-cost energy producer with proven production advantages, prime Permian Basin acreage, and a strategic, flexible leadership. Diamondback maximizes its Permian assets while expanding acreage via mergers and acquisition activities. Diamondback has a strong financial position, generates substantial free cash flow and is shareholder-friendly.

11-May-2024 7:00 AM

The Party Is Over For FANG+ Stocks - Are You Prepared?

Value stocks have underperformed growth stocks since the Great Financial Crisis, but the era of low inflation may be coming to an end.

10-May-2024 1:39 PM

The 3 Most Undervalued Energy Stocks to Buy in May 2024

Oil prices continue to be volatile and hard to predict, which is why finding undervalued energy stocks can be hard, too. After rising steadily for most of March and April, crude prices just suffered their biggest weekly decline in three months as tensions in the Middle East ratchet down and global demand softens.

08-May-2024 11:36 AM

Diamondback (FANG) Q1 Earnings Beat Estimates as Output Jumps

For 2024, Diamondback Energy (FANG) continues to maintain a capital spending budget between $2.30 billion and $2.55 billion and looks to pump around 458,000-466,000 BOE/d of hydrocarbon.

07-May-2024 10:46 AM

Is Diamondback Energy (FANG) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Diamondback Energy (FANG) and Archrock Inc. (AROC) have performed compared to their sector so far this year.

07-May-2024 10:36 AM

Diamondback (FANG) Is Considered a Good Investment by Brokers: Is That True?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

03-May-2024 4:11 PM

Symbol	FANG
Market Cap	35.2B
Price	197.67
Open	195.36
52-wk High	211.96
50 Day Avg	198.82
Earnings Announcement	2024-07-29
Website	https://www.diamondbackenergy.com

Name	Diamondback Energy, Inc.
Shares Outstanding	178,344,000
Change %	1.5828%
Low	194.83
52-wk Low	123.41
200 Day Avg	167.46
Last Dividend	9.26

Exchange	NASDAQ
Volume	951,767
Previous Close	194.59
High	198.27
EPS	17.75
PE	11.14
Avg Volume	1,557,298
CUSIP	25278X109

Description	Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It 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, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Currency	USD
ISIN	US25278X1090

Industry	Oil & Gas Exploration & Production
Changes	3.08
CUSIP	25278X109

Diamondback Energy, Inc. Outlook

Diamondback Energy, Inc. News