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Stock impact report

Diamondback Energy Inc (FANG) Expands Production in Midland and Delaware Basins [Yahoo! Finance]

Diamondback Energy, Inc. (FANG) 
Last diamondback energy, inc. earnings: 2/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.diamondbackenergy.com
Company Research Source: Yahoo! Finance
Inc (NASDAQ:FANG) as one of the oil and gas companies best-positioned to generate shareholder value even when commodity prices are flat. Diamondback Energy Inc (FANG) Expands Production in Midland and Delaware Basins According to the investment bank, Diamondback's strong financial position and unique assets allow it to continue to generate value for shareholders regardless of the prevailing price environment. On March 23, Truist Securities initiated coverage on Diamondback Energy Inc (NASDAQ:FANG) stock with a Buy rating and a price target of $222. Truist pointed to factors such as Diamondback's resource depth, asset base, and breakeven costs for its bullish stance on the stock. According to the equity research firm, Diamondback has peer-leading characteristics in its sector. Additionally, Truist noted that Diamondback is the last pure-play large-cap shale producer in the Permian Basin. The firm also pointed out that Diamondback has core assets in the Midland Basin and keeps a Show less Read more
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