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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.
US Oil Drillers Spend Conservatively: Rig Count Slides Again
by Zacks Equity Research
Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on the drilling of new wells.
US Shale Drillers to Pump Up More Returns in 2020: 4 Gainers
by Nilanjan Banerjee
Given that shale drillers will probably generate handsome free cashflows in 2020, it would be ideal to keep an eye on the following Permian explorers that are poised to gain.
Diamondback & Unit Viper Energy Posts Robust Q4 Volumes
by Zacks Equity Research
Diamondback's (FANG) 2019 average daily production rose 27% to 283 MBOE/D from 221.1 MBOE/D in 2018 with oil volumes increasing 26% year over year.
Sony, Funko, EOG Resources, Diamondback Energy and Chevron highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Sony, Funko, EOG Resources, Diamondback Energy and Chevron highlighted as Zacks Bull and Bear of the Day
Viper Energy's (VNOM) Q4 Production Rises 29% Year Over Year
by Zacks Equity Research
Viper Energy Partners' (VNOM) full-year 2019 production averages 21.5 MBoe/d, reflecting almost 25% rise from the year-ago level.
Energy Stocks To Buy On The Oil Upswing
by Daniel Laboe
Investors and traders crushed shares of energy stocks in 2019, but have these shares been oversold?
Oil Drillers Keep Removing Rigs From Permian & Cana Woodford
by Zacks Equity Research
Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.
Drillers Remove Oil Rigs in Permian and Cana Woodford Basins
by Nilanjan Banerjee
Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.
The 3 Most Popular Value Investor Podcasts of 2019
by Tracey Ryniec
What tips, screens and stocks were value investors most interested in in 2019? Here are the most popular podcasts of the year.
The Zacks Analyst Blog Highlights: Diamondback Energy, Concho, Callon and Parsley Energy
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Diamondback Energy, Concho, Callon and Parsley Energy
Drillers Add Oil Rigs in Permian & Eagle Ford Shale Play
by Zacks Equity Research
Since February 2018, drillers in the United States have added the highest number of rigs in a week.
More Upside Awaits Oil in 2020: Shale Drillers to Gain
by Nilanjan Banerjee
The phase-one trade deal, likely to be signed by the first week of January, has improved the outlook for global energy demand.
Why Hold Strategy is Apt for Diamondback (FANG) Stock Now
by Zacks Equity Research
In the Permian basin, Diamondback (FANG) has more than 7,600 net horizontal drilling locations that will allow the company to produce oil for years.
Drillers in US Plays Add Oil Rigs Despite Conservative Budget
by Nilanjan Banerjee
In Permian, drillers lower rigs in seven of eight weeks.
Zacks Value Trader Highlights: XOP, CNX Resources, Matador Resources, Pioneer Natural Resources and Diamondback Energy
by Zacks Equity Research
Zacks Value Trader Highlights: XOP, CNX Resources, Matador Resources, Pioneer Natural Resources and Diamondback Energy
Why Is Diamondback (FANG) Up 4.4% Since Last Earnings Report?
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.
Energy Stocks: Values or Traps?
by Tracey Ryniec
Many of the exploration and production stocks are hitting new multi-year lows. Are they cheap or is this another false bottom?
The Zacks Analyst Blog Highlights: Diamondback Energy, Pioneer Natural Resources, Callon and Parsley Energy
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Diamondback Energy, Pioneer Natural Resources, Callon and Parsley Energy
Will OPEC Agree on Deeper Oil Cut to Support Aramco IPO?
by Nilanjan Banerjee
Analysts expect oil prices to increase significantly if OPEC manages to surprise the energy market with a deeper cut.
New Strong Sell Stocks for December 3rd
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Diamondback Energy, Callon Petroleum, EOG Resources and ConocoPhillips
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Diamondback Energy, Callon Petroleum, EOG Resources and ConocoPhillips
US to Become Net Oil Exporter in 2020: Shale Drillers to Gain
by Nilanjan Banerjee
Despite the recent signs of moderation in American oil production growth, the country is poised to become energy independent by next year.
Permian Growth Story to Continue: 5 Oil Producers in Focus
by Nilanjan Choudhury
The Permian Shale, which is spread over roughly 75,000 square miles of western Texas and southeastern New Mexico, is believed to hold enough oil to feed all the domestic refineries for 12 years.
U.S. Shale Oil Q3 Earnings: Here's the Roundup of Results
by Nilanjan Choudhury
Missed the slew of shale oil earnings? Here's a quick run-through of how some of the bigwigs fared in their third-quarter earnings reports.
Oil & Gas Stock Roundup: EOG & Occidental Report Q3 Earnings
by Nilanjan Choudhury
While the commodity pricing scenario continues to be challenging, both EOG Resources (EOG) and Occidental Petroleum (OXY) benefited from higher year-over-year production.