Diamondback Energy Inc. (FANG)
Diamondback Energy, Inc. (FANG) Q2 2024 Earnings Call Transcript
Diamondback Energy, Inc. (NASDAQ:FANG ) Q2 2024 Earnings Conference Call August 6, 2024 9:00 AM ET Company Participants Adam Lawlis - VP, IR Travis Stice - Chairman and CEO Kaes Van't Hof - President and CFO Danny Wesson - EVP and COO Conference Call Participants Neal Dingmann - Truist Securities Neil Mehta - Goldman Sachs Arun Jayaram - JPMorgan Securities David Deckelbaum - TD Cowen John Freeman - Raymond James Scott Hanold - RBC Capital Markets Bob Brackett - Bernstein Research Roger Read - Wells Fargo Securities Geoff Jay - Daniel Energy Partners Charles Meade - Johnson Rice Paul Cheng - Scotiabank Leo Mariani - ROTH Kalei Akamine - Bank of America Operator Good day and thank you for standing by. Welcome to the Diamondback Energy Second Quarter 2024 Earnings Conference Call.
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Diamondback Energy Q2: Fantastic Growth Per Share Reported
Diamondback Energy keeps growing per share results with a superior acquisition program. Diamondback Energy reported a significant increase in per share earnings growth to $4.66 from $3.05, with income from operations improving by 15%. The Endeavor acquisition is expected to drive future growth.
Diamondback Energy (FANG) Q2 Earnings and Revenues Surpass Estimates
Diamondback Energy (FANG) came out with quarterly earnings of $4.52 per share, beating the Zacks Consensus Estimate of $4.46 per share. This compares to earnings of $3.68 per share a year ago.
Diamondback's (FANG) Q2 Earnings Preview: Things to Consider
Strong production is likely to have supported the second-quarter earnings of Diamondback Energy (FANG), only to be pegged back by lower natural gas prices.
Diamondback Energy (FANG) Earnings Expected to Grow: Should You Buy?
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.
Top Wall Street analysts suggest these dividend stocks for enhanced returns
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Coca-Cola and Diamondback Energy
Diamondback Energy (FANG) Ascends While Market Falls: Some Facts to Note
Diamondback Energy (FANG) reachead $198.83 at the closing of the latest trading day, reflecting a +0.24% change compared to its last close.
Oil and gas budget exhaustion, M&A key themes to watch as Q2 earnings near
Bank of America analysts have downwardly revised their expectations for oil and gas companies' upcoming second quarter earnings reports. The analysts wrote in a note to clients that they cut their estimates by 6% to within sight of the consensus due to weak natural gas prices in the Permian basin in the US, as indicated by Diamondback Energy Inc (NASDAQ:FANG, ETR:7DB) reporting low realized natural gas prices.
Looking For Energy Dividends? Don't Sleep On Diamondback Energy
Goldman Sachs expects peak oil demand to be another decade away. Diamondback Energy's strategic growth in the Permian Basin positions it as a top producer with significant growth opportunities. FANG's efficient operations, cost-saving measures, and attractive cash return strategy make it a compelling investment in the current oil price environment.
This High-Yield Dividend Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?
A relatively high price of oil is helping exploration and production companies generate plenty of cash. Many oil companies, Diamondback Energy included, have taken advantage of attractive valuations to buy assets.
3 Cash-Cow Stocks Offering Unbeatable Income
Everyone's definition of cash-cow stocks is different. I consider cash-cow stocks to be companies whose free cash flow (FCF) is considerably higher than the capital expenditures required to keep the business running efficiently.
