RBC Capital Mkts resumed coverage on Diamondback Energy with a new price target
$FANG
Oil & Gas Production
Energy
RBC Capital Mkts resumed coverage of Diamondback Energy with a rating of Outperform and set a new price target of $180.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/6/2025 | $165.00 | Outperform | Evercore ISI |
| 5/2/2025 | $180.00 | Outperform | RBC Capital Mkts |
| 4/29/2025 | $170.00 | Neutral → Buy | BofA Securities |
| 4/7/2025 | $180.00 | Neutral → Buy | Citigroup |
| 1/3/2025 | $190.00 | Peer Perform → Outperform | Wolfe Research |
| 12/2/2024 | $227.00 | Buy | Goldman |
| 10/14/2024 | $195.00 | Neutral | Citigroup |
| 10/4/2024 | $205.00 → $215.00 | Market Perform → Outperform | BMO Capital Markets |
4 - Diamondback Energy, Inc. (0001539838) (Issuer)
4 - Diamondback Energy, Inc. (0001539838) (Issuer)
4 - Diamondback Energy, Inc. (0001539838) (Issuer)
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER 2025 AND RECENT HIGHLIGHTS Average oil production of 475.9 MBO/d (850.7 MBOE/d)Net cash provided by operating activities of $2.4 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $2.5 billionCash capital expenditures of $942 millionFree Cash Flow (as defined and reconciled below) of $1.5 billion; Adjusted Free Cash Flow (as defined and reconciled below) of $1.6 billionDeclared Q1 2025 base cash dividend of
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter. Macro UpdateThe past two months have been challenging for the U.S. oil and gas industry, as the combination of global economic uncertainty (lower demand) and an increase in expected OPEC+ production (higher supply) has lowered oil prices and increased volatility. Over the
MIDLAND, Texas, April 16, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today provided a financial and operating update for the first quarter of 2025. The Company is releasing this information to provide flexibility to opportunistically continue its stock repurchase program given the current market volatility. FIRST QUARTER 2025 HIGHLIGHTS Average production of 31,311 bo/d (57,367 boe/d)Average unhedged realized prices of $71.33 per barrel of oil, $24.52 per barrel of natural gas liquids and $2.08 per Mcf of natural gasAverage hedged realized prices of $70.26 per barrel of oil,
8-K - Diamondback Energy, Inc. (0001539838) (Filer)
10-Q - Diamondback Energy, Inc. (0001539838) (Filer)
8-K - Diamondback Energy, Inc. (0001539838) (Filer)
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER HIGHLIGHTS As previously announced, Q1 2025 average production of 31,311 bo/d (57,378 boe/d)Q1 2025 consolidated net income (including non-controlling interest) of $153 million; net income attributable to Viper of $75 million, or $0.62 per Class A common shareQ1 2025 cash available for distribution to Viper's Class A common shares (as defined and reconciled below) of $100 million, or $0.76 per Class A co
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER 2025 AND RECENT HIGHLIGHTS Average oil production of 475.9 MBO/d (850.7 MBOE/d)Net cash provided by operating activities of $2.4 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $2.5 billionCash capital expenditures of $942 millionFree Cash Flow (as defined and reconciled below) of $1.5 billion; Adjusted Free Cash Flow (as defined and reconciled below) of $1.6 billionDeclared Q1 2025 base cash dividend of
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter. Macro UpdateThe past two months have been challenging for the U.S. oil and gas industry, as the combination of global economic uncertainty (lower demand) and an increase in expected OPEC+ production (higher supply) has lowered oil prices and increased volatility. Over the
SC 13G/A - Diamondback Energy, Inc. (0001539838) (Subject)
SC 13G/A - Diamondback Energy, Inc. (0001539838) (Subject)
SC 13G/A - Diamondback Energy, Inc. (0001539838) (Subject)
Evercore ISI resumed coverage of Diamondback Energy with a rating of Outperform and set a new price target of $165.00
RBC Capital Mkts resumed coverage of Diamondback Energy with a rating of Outperform and set a new price target of $180.00
BofA Securities upgraded Diamondback Energy from Neutral to Buy and set a new price target of $170.00
MIDLAND, Texas, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter. 2024: Year in Review 2024 was arguably the most transformational year in the Company's history. In February, we announced the $26 billion merger with Endeavor Energy, creating the must own Permian Pure Play. The merger not only made Diamondback bigger, with a combined ~722
MIDLAND, Texas, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced that Rosalind Redfern Grover, who has served as a member of the Board of Directors of Viper's General Partner since 2014, has elected to retire from the Board, effective at the end of the year. "On behalf of the entire Board and management team, I would like to thank Rosalind for her over eight years of service as a member of the Board. Her leadership and experience in the oil and gas industry was instrumental in helping Viper pave the way as a public company in the minerals and royaltie
4 - Diamondback Energy, Inc. (0001539838) (Issuer)
4 - Diamondback Energy, Inc. (0001539838) (Issuer)
4 - Diamondback Energy, Inc. (0001539838) (Issuer)