|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||91.84 - 95.78|
|52 Week Range||91.84 - 140.78|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||14.08|
|Earnings Date||Feb 11, 2019 - Feb 15, 2019|
|Forward Dividend & Yield||0.50 (0.52%)|
|1y Target Est||161.20|
Neil George’s pick for the contest is Viper Energy Partners (NASDAQ:VNOM). Petrol prices while down from recent highs are still higher than recent lows of 2017. U.S. domestic West Texas Intermediate (WTI) crude has risen from June of last year to date by 23% to over $52 a barrel.
Every investor in Diamondback Energy Inc (NASDAQ:FANG) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it's not unusual to see Read More...
The Zacks Analyst Blog Highlights: Chevron, EOG Resources, Devon Energy, Occidental Petroleum and Diamondback Energy
Hedge fund managers like David Einhorn, Dan Loeb, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
Between November 27 and December 4, our list of oil-weighted stocks rose 0.6% compared to the 3.3% rise in US crude oil January futures. On average, our list of oil-weighted stocks underperformed US crude oil prices.
US shale oil producers were among the worst performers in the S&P 500 on Thursday, posting sharp losses as falling crude prices increasingly threaten the industry’s profits. and Diamondback Energy, three companies with operations in the Permian Basin of Texas, saw their shares tumble. Cimarex was down 8.9 per cent, while Concho Resources and Diamondback Energy dropped 7.2 per cent and 6.5 per cent, respectively.
Moody's Investors Service ("Moody's") upgraded Diamondback Energy, Inc.'s (Diamondback) Corporate Family Rating (CFR) to Ba1 from Ba2, Probability of Default Rating (PDR) to Ba1-PD from Ba2-PD ...
On November 23–30, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 0.9% and 1.2%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 2.7%. These ETFs track US crude oil futures.
Devon Energy (DVN) might have an upside of 75.1% in the next 12 months based on analysts’ mean target price. With the current downturn in oil prices and the risk of the WTI-WCS (Western Canada Select) spread, which we discussed in the previous part, such a huge upside isn’t likely. With the recovery in the spread, investors might expect a short-term upside momentum in the stock.
In November, US crude oil January futures and Brent crude oil February futures fell 22.2% and 20.8%, respectively. On December 3, at 5:25 AM EST, US crude oil January futures rose 4.4%—compared to the last closing price. The agreement between the US and China to not escalate trade disputes for 90 days might be behind oil’s gains. Based on CME’s OPEC Meeting Outcome Probability tool, for the meeting on December 6, there’s less than a 1% chance that OPEC might reduce the oil output significantly, which might evaporate oil’s gains from easing trade war concerns.
A wave of mergers and acquisitions in the oil patch has sparked talk about continued consolidation in the sector. But not all executives are on the same page about deal-making.
Russia signaled it won't help Saudi Arabia prop up oil prices, joining some OPEC members that have said the world's top oil exporter should carry most of the burden.
Saudi Arabia will have to perform a delicate balancing act as the world's top oil exporter heads into the G20 summit this weekend and the OPEC meeting days later.
Crude oil prices fell on another surprise increase in U.S. inventories, ahead of key meetings where top oil producers will try to prop up prices.
OPEC has helped set oil prices for decades and remains a major factor in what you pay at the fuel pump. So what is OPEC and how does it affect oil prices?
Post completion of the merger, Diamondback (FANG) will likely have 62% ownership stake in the combined entity and Energen (EGN) will hold the rest.
NEW YORK, Nov. 28, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Now the technology that created artificial intelligence is getting good at detecting stock market fluctuations that can only be explained as abnormal, sophisticated and nefarious. Bloomberg algorithms give market participants help identifying unusual activity in stock, bond, currency and derivatives trading. The automated analysis of derivatives like options can also expose otherwise opaque insider trading activity that was once evident only with the fluctuations of the underlying assets of bonds, commodities, currencies and equities.
Diamondback Energy, Inc. (FANG) (“Diamondback”) and Energen Corporation (EGN) (“Energen”) today announced that all proposals necessary for the parties’ pending merger (the “Merger”) were approved by the stockholders of Diamondback and the shareholders of Energen at each company’s respective special meeting held today. As previously announced, on August 14, 2018, Diamondback and Energen entered into a definitive merger agreement providing for Diamondback’s acquisition of Energen in an all-stock transaction.