Diamondback Energy(FANG)

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Diamondback Energy, Inc. Provides Operational Update for the First Quarter of 2025
GlobeNewswire News Room· 2025-04-16 20:01
MIDLAND, Texas, April 16, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) provided an operational update for the first quarter of 2025. The Company is releasing this information to provide flexibility to opportunistically continue its stock repurchase program given the current market volatility. FIRST QUARTER 2025 HIGHLIGHTS Average production of 475.9 MBO/d (850.7 MBOE/d)Average unhedged realized prices of $70.95 per barrel of oil, $23.94 per barrel of natu ...
Diamondback (FANG) Soars 13.2%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 12:55
Group 1: Company Overview - Diamondback Energy (FANG) shares increased by 13.2% to $134.93, following a significant volume of trading, contrasting with a 17.6% loss over the past four weeks [1] - The company is expected to report quarterly earnings of $3.69 per share, reflecting an 18% decrease year-over-year, while revenues are projected to be $3.58 billion, a 60.7% increase from the previous year [3] Group 2: Market Influences - The surge in Diamondback Energy's stock price is attributed to rising oil and natural gas prices, influenced by President Trump's announcement to pause tariff hikes and implement a reduced 10% tariff rate for most countries [2] - The easing of trade concerns has bolstered investor confidence, improving the outlook for Diamondback Energy [2] Group 3: Earnings Estimates and Trends - The consensus EPS estimate for Diamondback has been revised down by 7.9% over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] Group 4: Industry Comparison - Diamondback Energy is part of the Zacks Oil and Gas - Exploration and Production - United States industry, where Cheniere Energy (LNG) also operates, closing 6.2% higher at $217.83 [4] - Cheniere Energy's consensus EPS estimate has increased by 0.3% to $3.31, representing a 55.4% year-over-year change [5]
Diamondback Energy: Big Dividend Yield And A Lot Of Room For Capital Appreciation
Seeking Alpha· 2025-04-09 17:00
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any ...
Diamondback Energy Has A Major Power Play At Hand
Seeking Alpha· 2025-04-08 22:53
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]
Diamondback Energy: Fast-Growing Dividend Now Has A Tempting Yield
Seeking Alpha· 2025-04-08 21:22
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 Challenges U.S. Tariffs to Protect the Shale Industry
ZACKS· 2025-04-08 15:15
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 Completes Acquisition of Double Eagle IV Holdings
ZACKS· 2025-04-02 11:35
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 ...
Diamondback Energy, Inc. Announces Closing of Double Eagle Acquisition
GlobeNewswire News Room· 2025-04-01 20:01
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 ...
Diamondback (FANG) Up 6.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-03-26 16:30
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 ...
Diamondback Energy, Inc. Schedules First Quarter 2025 Conference Call for May 6, 2025
GlobeNewswire· 2025-03-19 20:01
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 ...