Your email has been successfully added to our mailing list.

×
-0.00144216902220953 0 0.000648976059994256 -0.0134842803576579 -0.0137366599365446 -0.0201182578598211 -0.0291318142486299 -0.0272569945197577
Stock impact report

Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says [Yahoo! Finance]

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: Yahoo! Finance
COVID-19 pandemic as oil prices slump and prime acreage dries up, analytics firm Enverus said on Wednesday, even though dealmaking jumped last quarter to the second-best start to the year since 2018. The expected downturn in mergers and acquisitions follows a series of blockbuster takeovers by oil and gas majors in recent years, which culminated in a record $192 billion worth of deals done in 2023. There were $17 billion worth of deals disclosed in the quarter ended March 31, but activity was disproportionately driven by Diamondback Energy, which accounted for almost half of total value, said Enverus Intelligence Research principal analyst, Andrew Dittmar. Diamondback Energy acquired Double Eagle IV in the Midland basin for $4.083 billion in February. It also sold minerals to Viper Energy for $4.26 billion in January, the two largest deals done in the first quarter. Outside of Diamondback, buyers were already feeling the pressure of limited acquisition opportunities and high a 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