Diamondback Energy Inc FANG

Energy Oil & Gas E&P

Diamondback Energy, Inc., together with its subsidiaries, is an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. The Company's activities are primarily directed at the horizontal development of the Wolfcamp and Spraberry formations in the Midland Basin and the Wolfcamp and Bone Spring formations in the Delaware Basin within the Permian Basin. Additionally, its subsidiary, Viper Energy, Inc., is focused on owning and acquiring mineral interests and royalty interests in oil and natural gas properties primarily in the Permian Basin. It has approximately 870,303 net acres, which primarily consisted of approximately 715,956 net acres in the Midland Basin and 154,026 net acres in the Delaware Basin. The Company's subsidiaries include Diamondback E&P LLC, Rattler Midstream GP LLC, Rattler Midstream LP, and QEP Resources, Inc.

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Diamondback Energy Inc

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Post by whytestockson Oct 21, 2024 12:45am

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Sector Outperform Recommendation Issued On FANG By Wells Far

NEWS: $FANG Sector Outperform Recommendation Issued On FANG By Wells Fargo2024-10-21 00:00:07 ET Wells Fargo analyst issues SECTOR OUTPERFORM recommendation for FANG on October 18, 2024 01:02PM ET. The previous analyst recommendation was Sector Outperform. FANG was trading at $183.525 at issue of the analyst recommendation. The overall analyst...FANG - Sector Outperform Recommendation Issued On FANG By Wells Fargo

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