Reported about 11 hours ago
Diamondback Energy, Inc. (FANG) has cautioned that if oil prices remain around $60 per barrel, U.S. crude production growth will stagnate due to limited drilling locations. Despite reducing its 2025 capital investment by $500 million, Bernstein SoGen Group reaffirmed its Outperform rating and $192 price target on the company, which is notable for its strong inventory and disciplined financial practices.
Source: YAHOO