Diamondback Energy Inc. (FANG)
Why Diamondback Energy Is My Top Pick For U.S. Oil
Diamondback Energy's merger with Endeavor Energy enhances its resource base and operational efficiency, solidifying its position in the Permian Basin. FANG's disciplined debt reduction plan and strong balance sheet ensure financial stability, supported by investment-grade ratings and substantial liquidity. Shareholders benefit from generous returns through dividends and a $6 billion buyback authorization, despite a focus on debt reduction.
Diamondback Energy, Inc. (FANG) Q3 2024 Earnings Call Transcript
Diamondback Energy, Inc. (NASDAQ:FANG ) Q3 2024 Earnings Conference Call November 5, 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 Arun Jayaram - JPMorgan David Deckelbaum - TD Cowen Bob Brackett - Bernstein Research Neil Mehta - Goldman Sachs Betty Jiang - Barclays Kevin McCurdy - Pickering Energy Partners John Freeman - Raymond James Roger Read - Wells Fargo Securities Paul Cheng - Scotiabank Charles Meade - Johnson Rice Leo Mariani - ROTH Scott Gruber - Citigroup Kalei Akamine - Bank of America Operator Good day and thank you for standing by. Welcome to the Diamondback Energy Third Quarter 2024 Earnings Conference Call.
Diamondback Energy (FANG) Q3 Earnings Miss Estimates
Diamondback Energy (FANG) came out with quarterly earnings of $3.38 per share, missing the Zacks Consensus Estimate of $3.80 per share. This compares to earnings of $5.49 per share a year ago.
Diamondback Energy to Report Q3 Earnings: What's in the Offing?
FANG is anticipated to have generated higher revenues from the year-ago period's level. However, it is expected to have recorded a lower bottom line due to rising costs.
Analysts Estimate Diamondback Energy (FANG) to Report a Decline in Earnings: What to Look Out for
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 Energy (FANG) Ascends While Market Falls: Some Facts to Note
Diamondback Energy (FANG) concluded the recent trading session at $184.38, signifying a +1.92% move from its prior day's close.
Diamondback Energy (FANG) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Diamondback Energy (FANG) closed at $183.99 in the latest trading session, marking a +0.02% move from the prior day.
Diamondback Energy (FANG) Rises But Trails Market: What Investors Should Know
Diamondback Energy (FANG) closed at $194.96 in the latest trading session, marking a +0.46% move from the prior day.
Diamondback Energy flags lower oil and gas prices for third quarter
Diamondback Energy on Thursday signaled lower prices for its third-quarter oil and gas production, making it the third U.S. shale producer to do so in just a week.
The Investment Case for Diamondback Energy Inc (FANG): How Financial Growth and Innovation
Diamondback Energy Inc (FANG, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With its shares currently priced at $198.05 and experiencing a daily gain of 1.77%, despite a slight three-month dip of -2.08%, the company stands out in the competitive energy sector.
Viper Energy Concludes Acquisition of Tumbleweed Royalty Subsidiaries
VNOM's newly acquired assets are not only immediately financially accretive but also offer a significant untapped inventory that bolsters long-term production growth.
Diamondback Energy Is 'Making All The Right Moves,' Says Bullish Analyst
Diamondback Energy Inc FANG shares were climbing in early trading on Friday, during a rise in energy stocks with growing Middle East tensions.
