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Zacks News
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.
Permian Oil Rig Count Falls After 2 Straight Weeks of Rise
by Nilanjan Banerjee
In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has decreased after increasing for two successive weeks.
Watch These 3 Energy Stocks With Fortress Balance Sheet
by Nilanjan Banerjee
It would be wise for investors to keep an eye on ExxonMobil (XOM), ConocoPhillips (COP) and Diamondback Energy (FANG), as these stocks can lean on their strong balance sheets to counter volatility.
Permian Oil Drilling Rig Count Rises for 2 Straight Weeks
by Nilanjan Banerjee
In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased for two successive weeks.
Top Analyst Reports for Apple, Meta Platforms & Intel
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Meta Platforms, Inc. (META) and Intel Corporation (INTC).
Zacks Industry Outlook Highlights Diamondback Energy, Coterra Energy, APA and Magnolia Oil & Gas
by Zacks Equity Research
Diamondback Energy, Coterra Energy, APA and Magnolia Oil & Gas are part of the Zacks Industry Outlook article.
4 Stocks to Navigate Challenges in the U.S. Upstream 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, CTRA, APA and MGY.
Diamondback (FANG) Q4 Earnings Beat Estimates on Strong Output
by Zacks Equity Research
For 2024, Diamondback Energy (FANG) forecasts a capital spending budget between $2.3 billion and $2.55 billion and looks to pump around 458,000-466,000 BOE/d of hydrocarbon.
Zacks Value Trader Highlights: Occidental Petroleum, Chevron, Diamondback Energy, APA and TotalEnergies
by Zacks Equity Research
Occidental Petroleum, Chevron, Diamondback Energy, APA and TotalEnergies are part of the Zacks Value Trader Blog.
The Progressive and Archer Daniels Midland have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
The Progressive and Archer Daniels Midland are part of the Zacks Bull and Bear of the Day article.
Permian Oil Drilling Rig Count Rises in 5 of Prior 10 Weeks
by Nilanjan Banerjee
In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has increased in five of the past 10 weeks.
Keep an Eye on 3 Permian Stocks as Oil Prices Remain Strong
by Nilanjan Banerjee
Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Matador Resources (MTDR) and Diamondback Energy (FANG),
Buffett Sticks with Energy Stocks: Should You?
by Tracey Ryniec
Wall Street ignored energy stocks in 2023 and is doing so again in 2024. But Buffett is not.
Here's What Key Metrics Tell Us About Diamondback (FANG) Q4 Earnings
by Zacks Equity Research
While the top- and bottom-line numbers for Diamondback (FANG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Should You Invest in the SPDR S&P Oil & Gas Exploration & Production ETF (XOP)?
by Zacks Equity Research
Sector ETF report for XOP
Should You Buy Diamondback Energy (FANG) Ahead of Earnings?
by Zacks Equity Research
Diamondback Energy (FANG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Can APA Maintain Its Impressive Beat Streak in Q4 Earnings?
by Zacks Equity Research
Higher U.S. output and lower lease operating expenses are likely to have boosted APA Corporation's (APA) profit levels in the fourth quarter.
Diamondback's (FANG) Q4 Earnings Preview: Things to Consider
by Zacks Equity Research
Diamondback Energy (FANG) beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two.
Analysts Estimate Range Resources (RRC) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Range Resources (RRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Diamondback Energy (FANG) Stock Moves -0.23%: What You Should Know
by Zacks Equity Research
The latest trading day saw Diamondback Energy (FANG) settling at $165.60, representing a -0.23% change from its previous close.
Analysts Estimate Diamondback Energy (FANG) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Diamondback (FANG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Diamondback (FANG) to Merge With Endeavor in a $26B Deal
by Zacks Equity Research
Diamondback (FANG) joins forces with Endeavor Energy Resources, forming a $26B Permian Basin powerhouse, poised for substantial growth and profitability.
Company News for Feb 13, 2024
by Zacks Equity Research
Companies In The Article Are: FANG, JOBY,C, CBAY and GILD
Markets Flattish Ahead of CPI Data Tuesday
by Mark Vickery
Marginal earnings misses -- or even beats with less-than-exceptional guidance -- are sending some stocks much lower on their Q4 news.
Is SPDR S&P Oil & Gas Exploration & Production ETF (XOP) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for XOP
Why Diamondback Energy (FANG) Dipped More Than Broader Market Today
by Zacks Equity Research
Diamondback Energy (FANG) closed at $149.62 in the latest trading session, marking a -0.4% move from the prior day.