Group 1 - Diamondback Energy, Inc. (NASDAQ: FANG) is set to achieve significant growth due to increasing natural gas demand driven by the expansion of large-scale data centers [1] - The company is strategically positioning itself to capitalize on this trend in the energy sector [1] Group 2 - The analyst, Michael Del Monte, has over 5 years of experience in equity analysis and has a diverse background in various industries including Oil & Gas, Midstream, and Information Technology [1]

I analyze oil and gas companies like Diamondback Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first, and they get analysis on some companies that is not published on the free site. Interested? Sign ...

Diamondback Energy, Inc.’s (FANG) president recently demanded an explanation from the Trump administration over escalating tariffs and their impact on the U.S. shale industry. The company took the matter directly to social media and publicly called for clarification from the U.S. Energy Secretary, Chris Wright. It demanded an explanation of how the immense contribution of the shale industry to the U.S. economy aligns with the recent tariffs and the ongoing trade war.A FANG representative emphasized the impo ...

Diamondback Energy Inc. (FANG) recently completed its $4.1 billion deal to acquire Double Eagle IV, an energy company backed by EnCap Investments. This deal, which was first announced on Feb. 18, has given FANG a major boost in its operations in the Midland Basin. The transaction involved $3 billion in cash and about 6.9 million shares of FANG stock, increasing its portfolio significantly in one of the most productive oil areas in the United States. Details of the Deal: Financials and StrategyThe billion-do ...

MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback" or "the Company") today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC ("Double Eagle"). About Diamondback In light of these factors, the events anticipated by Diamondback's forward-looking statements may not occur at the time anticipated or at all. Moreover, Diamondback operates in a very competitive and rapidly changing enviro ...

EOG Resources holds a dominant position in the Delaware Basin, utilizing advanced drilling techniques to maximize well productivity and returns. In 2024, its Permian assets drove 3% oil production growth and an 8% increase in total volumes. By leveraging proprietary technology and self-sourced materials, EOG maintains a breakeven price in the low-$50s, ensuring consistent free cash flow and attractive shareholder returns. ExxonMobil has doubled its Permian production since 2019, further solidifying its pres ...

It has been about a month since the last earnings report for Diamondback Energy (FANG) . Shares have added about 6.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Diamondback due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then ...

MIDLAND, Texas, March 19, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release first quarter 2025 financial results on May 5, 2025 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the first quarter of 2025 on Tuesday, May 6, 2025 at 8:00 a.m. CT. Access to the live webcast, and replay which will be available following ...

Diamondback Energy (FANG) ended the recent trading session at $142.70, demonstrating a -1.61% swing from the preceding day's closing price. This change lagged the S&P 500's 1.12% gain on the day. Elsewhere, the Dow saw an upswing of 1.14%, while the tech-heavy Nasdaq appreciated by 1.46%.The energy exploration and production company's stock has dropped by 12.78% in the past month, falling short of the Oils-Energy sector's loss of 5.86% and the S&P 500's loss of 4.13%.Market participants will be closely foll ...

Core Viewpoint - Diamondback Energy reported strong fourth-quarter 2024 results with adjusted earnings per share of $3.64, exceeding expectations, but down from $4.74 a year ago due to lower overall realization [1][2]. Financial Performance - Revenues reached $3.7 billion, a 67% increase year-over-year, and surpassed the Zacks Consensus Estimate by 9.2% [2]. - The company repurchased $402 million in shares during the fourth quarter and an additional $210 million in the current quarter [3]. - A quarterly cash dividend of $1 per share was declared, marking an 11% increase sequentially [3]. Production & Realized Prices - Average production was 883,424 BOE/d, up 91% year-over-year, with oil comprising 54% of total production [4]. - The average realized oil price was $69.48 per barrel, down 9% from $76.42 a year ago, while the average realized natural gas price fell to 48 cents per Mcf from $1.29 [5]. Costs & Financial Position - Cash operating costs decreased to $10.30 per BOE from $10.83 in the prior year, reflecting lower lease operating expenses [6]. - Capital expenditures totaled $933 million, with $834 million allocated to drilling and completion [7]. - Free cash flow for the fourth quarter was $1.4 billion, with $161 million in cash and cash equivalents and $12.1 billion in long-term debt, resulting in a debt-to-capitalization ratio of 30.6% [7]. Guidance - The company anticipates production of 883,000-909,000 BOE/d in 2025, with oil volumes expected between 485,000 and 498,000 barrels per day [8]. - Capital spending is projected to be between $3.8 billion and $4.2 billion [8].