Aspire Private Capital LLC, Nilsine Partners LLC, Harrell Investment Partners LLC, among others have increased their holdings in Diamondback Energy, Inc. (NASDAQ:FANG). While Diamondback's stock has seen both rises and falls, it has significantly outperformed the market, indicating resilience amidst market volatility. Wells Fargo & Company issued a positive forecast for Diamondback's stock price. Analyst opinions are generally strong, with UBS affirming a Buy Rating following the VNOM deal and B of A Securities upgrading the stock. Significant developments include the company's $4.08 billion deal to expand in the Permian basin, an executive shuffle within the company, and potential growth in U.S oil export power. A midland basin acquisition has also been announced. However, Wall Street's insights paint a sobering picture for the Q1 earnings, and some insiders have reportedly been selling their stock.
Diamondback Energy FANG News Analytics from Wed, 15 Jan 2025 08:00:00 GMT to Sat, 21 Jun 2025 11:52:55 GMT -
Rating 5
- Innovation 0
- Information 7
- Rumor -3