Here's Why Diamondback Energy (FANG) is a Strong Value Stock

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Diamondback Energy (FANG) 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 more than 490,000 net acres. Its activities are concentrated in the Wolfcamp, Spraberry and Bone Spring formations. FANG is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. It also boasts a V ...