Back to top

Image: Bigstock

Diamondback (FANG) Jumps: Stock Rises 6.4%

Read MoreHide Full Article

Diamondback Energy, Inc. (FANG - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $99.84 to $105.91 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of three increase and three decrease over the past few weeks/months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Diamondback currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Diamondback Energy, Inc. Price

Investors interested in the Oil and Gas - Exploration and Production - United States industry may consider Antero Resources Corporation (AR - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is FANG going up? Or down? Predict to see what others think: Up or Down

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 7 stocks to watch. The report is only available for a limited time.

See 7 breakthrough stocks now>>




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Antero Resources Corporation (AR) - free report >>

Diamondback Energy, Inc. (FANG) - free report >>

More from Zacks Tale of the Tape

You May Like

Published in