Diamondback Energy(FANG)

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Diamondback Energy(FANG) - 2024 Q1 - Quarterly Results
2024-04-30 20:07
Exhibit 99.1 DIAMONDBACK ENERGY, INC. ANNOUNCES FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS Midland, TX (April 30, 2024) - Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS OPERATIONS UPDATE The tables below provide a summary of operating activity for the first quarter of 2024. Total Activity (Gross Operated): | | Number of Wells Drilled | Number of Wells Co ...
Why Earnings Season Could Be Great for Diamondback Energy (FANG)
Zacks Investment Research· 2024-04-29 14:50
Investors are always looking for stocks that are poised to beat at earnings season and Diamondback Energy Inc (FANG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Diamondback Energy is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a ...
Diamondback Energy, Inc. Receives Stockholder Approval for Proposed Transaction with Endeavor Energy Resources, L.P.
Newsfilter· 2024-04-26 20:01
MIDLAND, Texas, April 26, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback" or the "Company") today announced that its stockholders have approved the issuance of shares of Diamondback common stock in connection with the proposed business combination with Endeavor Energy Resources, L.P. ("Endeavor"). Additionally, Diamondback stockholders approved a proposal to amend the Company's certificate of incorporation to increase the authorized number of shares of Diamondback common stock ...
Why Diamondback Energy (FANG) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-04-25 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?T ...
This is How to Play Diamondback (FANG) Ahead of Q1 Earnings
Zacks Investment Research· 2024-04-24 13:51
With crude prices spiking over the last few months, there is much anticipation for Diamondback Energy’s (FANG) first-quarter results, which are set to be released on Apr 30. Let’s check if now is indeed an opportune time to buy the stock.Quarterly Projections & Earnings HistoryFollowing the recent surge in oil prices, Diamondback is expecting improvement in its Q1 top and bottom lines from the year-ago period. FANG’s Q1 earnings per share (EPS) are forecast to increase 4.2% to $4.27 compared with EPS of $4. ...
Diamondback Energy (FANG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-23 15:07
The market expects Diamondback Energy (FANG) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be re ...
Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-04-19 22:51
Diamondback Energy (FANG) closed the latest trading day at $200.74, indicating a +0.57% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.88% for the day. Elsewhere, the Dow gained 0.56%, while the tech-heavy Nasdaq lost 2.05%.The energy exploration and production company's stock has climbed by 2.67% in the past month, falling short of the Oils-Energy sector's gain of 2.78% and outpacing the S&P 500's loss of 2.57%.The investment community will be closely m ...
Diamondback Energy (FANG) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-04-16 23:06
Diamondback Energy (FANG) closed the most recent trading day at $203.95, moving -0.68% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.03%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.12%.The energy exploration and production company's stock has climbed by 8.04% in the past month, exceeding the Oils-Energy sector's gain of 4.4% and the S&P 500's loss of 0.9%.The investment community will be paying close attention to the earnings p ...
Diamondback Energy Prices Offering of Senior Notes
Newsfilter· 2024-04-09 20:25
MIDLAND, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback") announced today that it has priced an offering (the "Notes Offering") of $850,000,000 in aggregate principal amount of 5.200% senior notes that will mature on April 18, 2027 (the "2027 Notes"), $850,000,000 in aggregate principal amount of 5.150% senior notes that will mature on January 30, 2030 (the "2030 Notes"), $1,300,000,000 in aggregate principal amount of 5.400% senior notes that will mature on A ...
Diamondback (FANG) Signs 20-Year Deal for Fission Reactors
Zacks Investment Research· 2024-04-09 12:26
Diamondback Energy, Inc. (FANG) , a Texas-based independent oil and natural gas company, has signed a non-binding letter of intent (LOI) with Oklo Inc. in a move set to redefine the landscape of energy production in the Permian basin. The LOI outlines a visionary 20-year agreement, aimed at powering FANG's operations with emission-free electricity generated by fission reactors.Unveiling the Partnership DetailsThe Scope of Collaboration: According to the terms of the LOI, Oklo plans to license, build and man ...