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Looking For Energy Dividends? Don't Sleep On Diamondback Energy
FANGDiamondback Energy(FANG) Seeking Alpha·2024-07-21 15:05

Funtay On a full-year basis, the company has set CapEx guidance at 2.30to2.30 to 2.55 billion. As we can see below, that's the case: In my last article, I wrote that the company would likely return to a 75% payout in the first half of 2025, as analysts expect net debt to fall to 8.3billionattheendo2015.Currentestimatesare8.3 billion at the end o 2015. Current estimates are 8.6 billion, which is 1.4billionbelowthecompanys1.4 billion below the company's 10 billion target. Hence, at 80WTI,thetotalpayoutyieldcouldbe6.680 WTI, the total payout yield could be 6.6% next year. · At 90 WTI, the company is capable of ...