Diamondback Energy

FANG-Q

Analysis and Opinions about FANG-Q

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
February 12, 2020
(A Top Pick Mar 08/19, Down 22%) They stubbed their toe and he sold out about mid-year. Their inventory turned out not to be as deep as they had advertised. Within $50 oil prices they can generate 10% free cash flow going forward.
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Diamondback Energy (FANG-Q)
February 12, 2020
(A Top Pick Mar 08/19, Down 22%) They stubbed their toe and he sold out about mid-year. Their inventory turned out not to be as deep as they had advertised. Within $50 oil prices they can generate 10% free cash flow going forward.
PAST TOP PICK
PAST TOP PICK
November 15, 2019
(A Top Pick Nov 16/18, Down 33%) The highest quality Permian producer name you can own. He sold it a while ago when they decided to repatriate all their energy investing back to Canada, where values are so discounted. There is talk of a frac ban in the US, which is creating uncertainty there.
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Diamondback Energy (FANG-Q)
November 15, 2019
(A Top Pick Nov 16/18, Down 33%) The highest quality Permian producer name you can own. He sold it a while ago when they decided to repatriate all their energy investing back to Canada, where values are so discounted. There is talk of a frac ban in the US, which is creating uncertainty there.
TOP PICK
TOP PICK
March 8, 2019
Is a $20B company in the Permian. Growing by 15% this year and generating 4% free cash flow at $50 oil. In theory, should be able to see more than 100% upside. Yield = 0.0% (Analysts’ price target is $18.71)
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Is a $20B company in the Permian. Growing by 15% this year and generating 4% free cash flow at $50 oil. In theory, should be able to see more than 100% upside. Yield = 0.0% (Analysts’ price target is $18.71)
TOP PICK
TOP PICK
January 25, 2019
A $20 billion company that can grow at 20% per year even at $50 oil. They are in the US Permian. The rocks are better than any Canadian light producer. They will move first when oil prices go back up and investor dollars come back into the market. They have 7000 well locations -- a great inventory. Yield 0.49%. (Analysts’ price target is $148.41)
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A $20 billion company that can grow at 20% per year even at $50 oil. They are in the US Permian. The rocks are better than any Canadian light producer. They will move first when oil prices go back up and investor dollars come back into the market. They have 7000 well locations -- a great inventory. Yield 0.49%. (Analysts’ price target is $148.41)
TOP PICK
TOP PICK
November 16, 2018
They are also in the Permian. They just merged with Energen. They are going to grow production by 20% per year over the next couple of years and staying within cash flow. They have over 20 years of drilling inventory. There is very meaningful upside to this name. Yield = 0.4% (Analysts’ price target is $168.21)
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Diamondback Energy (FANG-Q)
November 16, 2018
They are also in the Permian. They just merged with Energen. They are going to grow production by 20% per year over the next couple of years and staying within cash flow. They have over 20 years of drilling inventory. There is very meaningful upside to this name. Yield = 0.4% (Analysts’ price target is $168.21)
PAST TOP PICK
PAST TOP PICK
June 4, 2015

(Top Pick Jun. 12/14, Down 9.08%) He got out shortly afterwards. He had a zero weight in energy producers by September.

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(Top Pick Jun. 12/14, Down 9.08%) He got out shortly afterwards. He had a zero weight in energy producers by September.

COMMENT
COMMENT
September 9, 2014

One of the biggest changes in his portfolio over the last 6-8 weeks has been reduction in exposure to exploration and production companies so he is no longer in this. A great company and their production growth is remarkable. The problem is some near-term concern on the price of West Texas crude and Brent Sea oil, so producers have been backing off. Stock is behaving very, very well and has not broken down technically. He has just been increasing his Consumer Discretionary exposure and reducing some of his energy producers.

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Diamondback Energy (FANG-Q)
September 9, 2014

One of the biggest changes in his portfolio over the last 6-8 weeks has been reduction in exposure to exploration and production companies so he is no longer in this. A great company and their production growth is remarkable. The problem is some near-term concern on the price of West Texas crude and Brent Sea oil, so producers have been backing off. Stock is behaving very, very well and has not broken down technically. He has just been increasing his Consumer Discretionary exposure and reducing some of his energy producers.

TOP PICK
TOP PICK
June 12, 2014

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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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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Diamondback Energy(FANG-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Diamondback Energy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Diamondback Energy(FANG-Q) Frequently Asked Questions

What is Diamondback Energy stock symbol?

Diamondback Energy is a American stock, trading under the symbol FANG-Q on the NASDAQ (FANG). It is usually referred to as NASDAQ:FANG or FANG-Q

Is Diamondback Energy a buy or a sell?

In the last year, 2 stock analysts published opinions about FANG-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Diamondback Energy.

Is Diamondback Energy a good investment or a top pick?

Diamondback Energy was recommended as a Top Pick by Eric Nuttall on 2020-02-12. Read the latest stock experts ratings for Diamondback Energy.

Why is Diamondback Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Diamondback Energy worth watching?

2 stock analysts on Stockchase covered Diamondback Energy In the last year. It is a trending stock that is worth watching.

What is Diamondback Energy stock price?

On 2020-08-05, Diamondback Energy (FANG-Q) stock closed at a price of $42.245.