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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.
Oil & Gas Stock Roundup: Shell's Appeal Verdict, Transocean's Rig Deal & More
by Nilanjan Choudhury
SHEL, RIG, TRP, FANG and PUMP emerge as the energy headline makers during the week.
Why Diamondback Energy (FANG) Outpaced the Stock Market Today
by Zacks Equity Research
The latest trading day saw Diamondback Energy (FANG) settling at $193.97, representing a +1.93% change from its previous close.
Top Analyst Reports for Novo Nordisk, TotalEnergies & U.S. Bancorp
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk A/S (NVO), TotalEnergies SE (TTE) and U.S. Bancorp (USB), as well as a micro-cap stock Flanigan's Enterprises, Inc. (BDL).
Diamondback (FANG) JV Acquires New Water Infrastructure Assets
by Zacks Equity Research
Diamondback's (FANG) joint venture, Deep Blue Midland Basin's new acquisition underscores its commitment to sustainable water management practices in the Midland Basin.
Oil & Gas Stock Roundup: Mergers & Divestments Take Center Stage
by Nilanjan Choudhury
COP, MRO, FANG, HES and CHRD emerge as the energy headline makers during the week.
Should SPDR Russell 1000 Yield Focus ETF (ONEY) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for ONEY
Diamondback Energy (FANG) Stock Slides as Market Rises: Facts to Know Before You Trade
by Zacks Equity Research
In the most recent trading session, Diamondback Energy (FANG) closed at $189.22, indicating a -0.78% shift from the previous trading day.
Total US Drilling Rig Tally Flat: Here's What It Means
by Nilanjan Banerjee
In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower, but the count for natural gas increased.
Is SPDR Russell 1000 Yield Focus ETF (ONEY) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for ONEY
Diamondback (FANG) Down 0.5% Since Last Earnings Report: Can It Rebound?
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.
Diamondback (FANG) Declares Strategic Sale of WTG Midstream
by Zacks Equity Research
Diamondback (FANG) announces the sale of WTG Midstream Holdings to Energy Transfer (ET) for debt reduction and financial stability. The deal includes cash and ET common units.
Permian Break-Even Costs Low: 3 Energy Stocks to Gain
by Nilanjan Banerjee
It would be wise for investors to monitor three prominent energy companies operating in the Permian, like ExxonMobil (XOM), Chevron (CVX) and Diamondback (FANG).
Should First Trust Large Cap Value AlphaDEX ETF (FTA) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for FTA
Total US Drilling Rig Tally Declines: Here's What it Means
by Nilanjan Banerjee
In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was flat, but the count for natural gas decreased.
Investors Heavily Search Diamondback Energy, Inc. (FANG): Here is What You Need to Know
by Zacks Equity Research
Diamondback (FANG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
3 Permian Explorers Poised to Gain as Oil Prices Stay High
by Nilanjan Banerjee
Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
How Should You Play the U.S. Upstream Oil & Gas Industry?
by Nilanjan Choudhury
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on companies like FANG, APA, MTDR and SM.
Total US Drilling Rig Tally Increases: Here's What it Means
by Nilanjan Banerjee
In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States increased, but the count for natural gas was flat.
Should Invesco S&P 500 GARP ETF (SPGP) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for SPGP
3 Energy Stocks to Watch on a Potential Oil Volume Surge in '24
by Nilanjan Banerjee
Upstream players like EOG, COP and FANG are embracing the strategy of production expansion to benefit from potentially profitable crude prices.
Total US Drilling Rig Tally Declines: Here's What It Means
by Nilanjan Banerjee
In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States declined, but the count for natural gas increased.
APA Q4 Earnings Miss on Lower Production, Revenues Beat
by Zacks Equity Research
APA Corporation (APA) bought back 3 million shares at $33.27 apiece during the first quarter. The company also shelled out $76 million in dividend payment.
Diamondback (FANG) Q1 Earnings Beat Estimates as Output Jumps
by Zacks Equity Research
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.
Is Diamondback Energy (FANG) Stock Outpacing Its Oils-Energy Peers This Year?
by Zacks Equity Research
Here is how Diamondback Energy (FANG) and Archrock Inc. (AROC) have performed compared to their sector so far this year.
Diamondback (FANG) Is Considered a Good Investment by Brokers: Is That True?
by Zacks Equity Research
The average brokerage recommendation (ABR) for Diamondback (FANG) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?