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Stock impact report

Diamondback Energy: Why $50 Oil Is Not Realistic [Seeking Alpha]

Diamondback Energy, Inc. - Commmon Stock (FANG) 
Last diamondback energy, inc. - commmon stock earnings: 2/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.diamondbackenergy.com
Company Research Source: Seeking Alpha
Efforts to flood the market with Venezuelan oil are unlikely to materially depress prices or replace U.S. light oil. The cure for low prices is low prices. We are likely therefore setting the stage for a future period of much higher oil prices. The conservative budget here is a choice because the company does make money at some very low commodity prices. This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » TheKaran/iStock via Getty Images Donald Trump and others have spoken about a goal of $50 oil . This was designed to keep oil prices low forever. However, in a free market, "the cure for low prices is low prices". Any politician can say anything More on my IG service I analyze oil and gas companies like Diamondback Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these co Show less Read more
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