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Founded in 2007, Midland, TX-headquartered Diamondback Energy, Inc. is an independent oil and gas exploration & production company, with its primary focus on the Permian Basin, where it has around 394,000 net acres. Its activities are concentrated in the Wolfcamp, Spraberry, Clearfork, Bone Spring, and Cline formations. In Nov 29, 2018, Diamondback completed its $9.2 billion buyout of Energen Corporation to boost its Permian presence.
Will Rising Fuel Stockpiles Stall Oil's Upward Momentum?
by Nilanjan Choudhury
Some of the major gainers of the S&P 500 this year are energy-related names Marathon Oil (MRO), Devon Energy (DVN), Diamondback Energy (FANG), EOG Resources (EOG), Hess (HES), Schlumberger (SLB) and Occidental Petroleum (OXY).
Diamondback Energy (FANG) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
In the latest trading session, Diamondback Energy (FANG) closed at $88.28, marking a -1.52% move from the previous day.
EIA Oil Supply Data Headlines: Crude Stocks Drop, Fuel Up
by Nilanjan Choudhury
Some of the major gainers of the S&P 500 this year are energy-related names Marathon (MRO), Devon (DVN), Diamondback (FANG), EOG Resources (EOG), Occidental (OXY), Schlumberger (SLB) and Hess (HES).
Diamondback (FANG) Up 9.4% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Diamondback (FANG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
What to Watch for at Today's OPEC+ Oil Producer's Meeting
by Nilanjan Choudhury
Volatile oil exploration and production stocks like MRO, DVN, FANG, EOG, HES and OXY will be most affected by the OPEC+ meeting outcome.
The Zacks Analyst Blog Highlights: Baker Hughes Co, Matador Resources, EOG Resources, Diamondback and Devon Energy Corp
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Baker Hughes Co, Matador Resources, EOG Resources, Diamondback and Devon Energy Corp
4 Permian Explorers to Watch Closely on Crude Price Surge
by Nilanjan Banerjee
It seems to be an opportune moment for energy investors to consider stocks of explorers operating in the Permian Basin. MTDR, EOG, FANG and DVN are well poised to gain on the crude price rally.
Oil Rises After EIA Reports Inventory Draw on All Fronts
by Nilanjan Choudhury
Some of the major gainers of the S&P 500 this year are energy-related names Marathon Oil (MRO), Devon Energy (DVN), Diamondback Energy (FANG), EOG Resources (EOG) and Hess Corporation (HES).
Oasis (OAS) Drops Down Permian to Become Williston Pure Play
by Zacks Equity Research
Oasis (OAS) is selling its Permian acreage for a total gross price of almost $481 million to an undisclosed buyer.
Permian Oil Output Starts Picking Up as Prices Strengthen
by Nilanjan Choudhury
With oil prices having rebounded to above $60 per barrel, Permian operators like Matador Resources (MTDR), EOG Resources (EOG) and Diamondback Energy (FANG) have announced plans to increase production.
The Zacks Analyst Blog Highlights: Marathon Oil, Diamondback Energy, Devon Energy, Apache Corp and Schlumberger
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Marathon Oil, Diamondback Energy, Devon Energy, Apache Corp and Schlumberger
What to Make of the EIA's Latest Crude Inventory Report?
by Nilanjan Choudhury
Some of the top gainers of the S&P 500 year to date are energy-related names Marathon Oil (MRO), Diamondback Energy (FANG), EOG Resources (EOG), Devon Energy (DVN) and Hess Corporation (HES).
Diamondback Energy (FANG) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
In the latest trading session, Diamondback Energy (FANG) closed at $82.76, marking a -1.72% move from the previous day.
CNOOC (CEO) Begins Production in China Deepwater Gas Field
by Zacks Equity Research
CNOOC (CEO) starts production at its Liuhua 29-2 deepwater gas field, wherein production is expected to reach a peak of 41 million cubic feet per day in 2021.
Top Ranked Momentum Stocks to Buy for May 7th
by Zacks Equity Research
CUBI, KKR, FANG, and LCII made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 7, 2021
Pioneer Natural (PXD) Q1 Earnings and Revenues Top Estimates
by Zacks Equity Research
Higher oil-equivalent production volumes aid Pioneer Natural (PXD) in Q1 earnings.
Diamondback (FANG) Q1 Earnings Beat Estimates, Increase Y/Y
by Zacks Equity Research
Diamondback's (FANG) Q1 capex adds up to $296 million. The company coughs up $273 million on drilling and completion activity and spends another $8 million on non-operated properties.
Williams (WMB) Q1 Earnings Beat Estimates, Increase Y/Y
by Zacks Equity Research
Williams' (WMB) total costs and expenses in Q1 rise to $1.9 billion from $1.5 billion a year ago due to higher product expenses.
Diamondback Energy (FANG) Beats Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Diamondback (FANG) delivered earnings and revenue surprises of 32.95% and 16.44%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Ovintiv (OVV) Q1 Earnings Meet Estimates, Sales Beat Mark
by Zacks Equity Research
Ovintiv's (OVV) total expenses fall to $1.64 billion in Q1 from the year-ago figure of $1.88 billion. This drop primarily attributes to lower depreciation and amortization charges.
Equinor (EQNR) Beats Q1 Earnings Estimates, Hikes Dividend
by Zacks Equity Research
Equinor's (EQNR) strong Q1 earnings were driven by higher commodity prices and significant contributions from renewables.
W&T Offshore (WTI) to Report Q1 Earnings: What Lies Ahead?
by Zacks Equity Research
Lower production and increased uncertainty in international markets are expected to have affected W&T Offshore's (WTI) first-quarter earnings.
ExxonMobil (XOM) Q1 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Higher chemical margins and improved realized commodity prices aid ExxonMobil's (XOM) Q1 earnings.
Why Diamondback (FANG) Might Surprise This Earnings Season
by Zacks Equity Research
Diamondback (FANG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Diamondback Energy (FANG) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Diamondback Energy (FANG) closed at $84.34 in the latest trading session, marking a +0.79% move from the prior day.