Diamondback Energy, Inc. - Commmon Stock (FANG) Company Bio
Diamondback Energy focuses on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The company was founded in 2007 and is based in Midland, Texas.
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Diamondback Energy (FANG), Pioneer Natural Resources (PXD) and Earthstone Energy (ESTE) are all upgraded to Buy from Hold at SunTrust, which believes investors are materially underestimating 2021 free cash flow.But only Earthstone is indicated higher in the pre-market, +3%; FANG -1.4% and PXD -0.6%."Cyclical and sector rallies remain intact despite...