U.S. Shale Collapse Will Lead To Higher Oil Prices [Yahoo! Finance News]
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 News
U.S. shale growth is about to decline, becoming an immediate victim of the Saudi-Russian price war. Saudi Aramco said that it would increase oil production to 12.3 million barrels per day mb/d) in April, a shocking escalation of the war for market share. That level of output is believed to be beyond what Aramco can produce on a sustainable basis. In other words, Saudi Arabia is going all-out to flood the market. Also, Saudi energy minister Prince Abdulaziz bin Salman didn’t sound interested in meeting with Russia anytime soon. “I fail to see the wisdom for holding meetings in May-June that would only demonstrate our failure in attending to what we should have done in a crisis like this and taking the necessary measures,” Prince Abdulaziz told According to Energy Intelligence Russia says it can withstand the price war at $25 to $30 per barrel for 6 to 10 years. Neither side appears willing to budge. “Monday will go down as one of the bleakest market days in the history of the energy s
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FANG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FANG alerts
High impacting Diamondback Energy, Inc. news events
Weekly update
A roundup of the hottest topics
FANG
News
- Diamondback Energy, Inc. (NASDAQ: FANG) had its price target lowered by analysts at Wells Fargo & Company from $227.00 to $224.00. They now have an "overweight" rating on the stock.MarketBeat
- Diamondback Energy, Inc. (NASDAQ: FANG) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- What Stocks Do After a Geopolitical Event [Yahoo! Finance]Yahoo! Finance
- Diamondback Energy (FANG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- FTC to approve major Exxon deal — but exclude key executive [Yahoo! Finance]Yahoo! Finance
FANG
Earnings
- 4/30/24 - Beat
FANG
Sec Filings
- 5/3/24 - Form 144
- 5/2/24 - Form 10-Q
- 4/30/24 - Form 8-K
- FANG's page on the SEC website