Your email has been successfully added to our mailing list.

×
0 0.00051546391752589 0.00051546391752589 0.00443298969072172 0.00505154639175267 0.0036082474226805 0.0134536082474228 0.00948453608247424
Stock impact report

The oil market ‘is lying to us,' oil execs say [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
But what goes up must eventually come down. And even though US oil executives and insiders are worried that energy market disruption stemming from the war in Iran is poised to get significantly worse, they're not ready to ramp up drilling to counteract it. “The real problem is the back end of the curve is lying to us,” Kaes Van't Hof, CEO of Texas independent producer Diamondback Energy, said during an energy summit at Columbia University this week. He was referring to the widening gap between the high price for oil delivered today, and the significantly lower price for oil futures contracts, a gap that reflects Wall Street's sanguine view that the Strait of Hormuz will be reopened soon. The low future price signal is both misleading — because it severely underplays the likelihood of forthcoming major disruptions to airlines, food systems, and other energy users — and a deterrent to drilling investment, Van't Hof said: “I do think you'll see US production respond slightly, but it' Show less Read more
Impact Snapshot
Event Time:
FANG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FANG alerts
Opt-in for
FANG alerts

from News Quantified
Opt-in for
FANG alerts

from News Quantified