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NASDAQ:FANG

Diamondback Energy (FANG)

203.21
+7.61 (3.89%)
as of Oct 16, 2026, 7:07:00 pm Market Open.
46 watching
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TOP PICK

He tries to find companies that are good and getting better than the peer group. They’ll produce about 7000 barrels a day this year and 17,000 barrels a day next year and 25,000 barrels a day the year after that. Enormous growth. Uses technology in the Permian Basin to really grow their reserves and production. They are going to IPO off some royalty properties, and will probably get $1 billion-$1.5 billion from their purchase price of $440 million. They could be worth $2 billion-$3 billion.

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