Buy, Sell or Hold: Diamondback Energy (FANG-Q) — Stock Predictions at Stockchase

NASDAQ:FANG

127.38

0.03 (0.02%) 1d

Showing 1 to 15 of 17 entries

BUY

Among the 10 top performers on the S&P of 2021 #9, up 123%. It's made many acquisition and returned capital to shareholders. It has a $35 breakeven price with tremendous production growth of 41%. It's cutting back on drilling and exploration which pleases Wall St.. It's likely to repeat this gain in 2022.

BUY

It's America's fastest-growing oil company. He hasn't recommended it until recently. Select oil names will be great investments if crude stays in the $80's. It's more volatile than Chevron, but this stock will run if they deliver monster numbers on Monday.

STRONG BUY

He's bullish oil; just look at the Russian oil stocks. Diamondback is best in breed... The whole sector has a lot of room to move higher.

BUY

He's bullish oil. He's long Schlumberger. Rig counts are more than double a year ago, and the higher oil prices go, the more drilling there'll be. Russian ADR stocks are breaking out and back to their all-time highs like Lukoy; these trades will continue to work. Among American oil stocks, Diamondback is best in breed. Make sure their balance sheets are fortified and they won't grow at all costs. The whole sector has a lot of room to move higher.

COMMENT

Announced a $2 billion share buyback today which shocks him. Used to be an undisciplined oil company. He's slightly bullish on oil, but more so on natural gas.

WATCH

The only producer in the Permian Basin that many consider a genuine growth stock among energy stocks. They report Monday.

COMMENT

An excellent operator with low costs. Problem is, this rallies only when the FAANGs dive and vice versa.

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PAST TOP PICK

(A Top Pick Aug 27/20, Down 12%)Stockchase Research Editor: Michael O'Reilly We are choosing to remain disciplined and stick to our stop-loss at $35 and look for better alternatives. Now that key technical support has been breached it could try to retest lows near $25.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly Trading at only 58% of book value this Permian oil producer is good value. Analysts are betting their realized oil price will be able to recover in the quarters ahead from the last reported $21.99 per barrel. The dividend is attractive as well. We would trade this with a $35 stop-loss, looking to see a recovery back to $58 -- a potential 48% gain. Yield 3.81% (Analysts’ price target is $58.59)

PAST TOP PICK

(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

(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

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

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

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

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

Showing 1 to 15 of 17 entries

Diamondback Energy(FANG-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

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, 4 stock analysts published opinions about FANG-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

4 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 2022-01-27, Diamondback Energy (FANG-Q) stock closed at a price of $127.375.

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