News & Events:FANG

Chevron Corporation, Diamondback Energy Inc and Occidental Petroleum Corporation are all trading lower Wednesday. Shares of oil stocks have seen marked volatility in recent months due to supply concerns. The Russia-Ukraine conflict has caused volatility in the broader energy sector and put pressure on some countries to become less dependent on Russian gas.

Diamondback Energy, Inc. (FANG) today announced the next step in its return of capital program. Beginning in the third quarter of 2022, the Company’s Board of Directors has approved an increase to its return of capital commitment to at least 75% of Free Cash Flow, from its previous commitment of at least 50% of Free Cash Flow.

Diamondback Energy's short percent of float has risen 8.33% since its last report. Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock.

Someone with a lot of money to spend has taken a bearish stance on Diamondback Energy. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know.

- U.S. oil producers profiting from sky-high prices are doling out billions to shareholders and building cash reserves, a strategy irking lawmakers and voters struggling with record fuel prices while winning over Wall Street. Soaring fuel prices have boosted inflation to a 40-year record and are expected to drive up U.S. gasoline by more than a dollar to $6 a gallon by August.

U.S. oil producers profiting from sky-high prices are doling out billions to shareholders and building cash reserves, a strategy irking lawmakers and voters struggling with record fuel prices while winning over Wall Street. Soaring fuel prices have boosted inflation to a 40-year record and are expected to drive up U.S. gasoline by more than a dollar to $6 a gallon by August.

Someone with a lot of money to spend has taken a bearish stance on Diamondback Energy. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know.

Gold futures traded higher this morning on Tuesday. When insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as being overpriced. Below is a look at a few recent notable insider sales. Also check this: 3 Stocks Under $4 Insiders Are Aggressively Buying Have a look at our premarket coverage here .

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.

Someone with a lot of money to spend has taken a bullish stance on Diamondback Energy. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know.

Diamondback Energy has observed the following analyst ratings within the last quarter: According to 12 analyst offering 12-month price targets in the last 3 months, Diamondback Energy has an average price target of $183.58 with a high of $215.00 and a low of $152.00. Below is a summary of how these 12 analysts rated Diamondback Energy over the past 3 months.

A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Peabody Energy has reported Q1 earnings per share at $-0.87, which has decreased by 122.31% compared to Q4, which was 3.9. The company's most recent dividend yield sits at 3.67%, which has increased by 0.67% from 3.0% last quarter.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.

Credit Suisse upgraded the previous rating for Molecular Partners AG from Underperform to Neutral. Mizuho upgraded the previous rating for Sabra Health Care REIT Inc from Neutral to Buy. According to JP Morgan, the prior rating for Magellan Midstream Partners LP was changed from Neutral to Overweight. Barclays upgraded the previous rating for Diamondback Energy Inc from Equal-Weight to Overweight.

Merger activity decreased last week with two new deals announced and three deals completed. ManTech International Corporation  Co-founded in 1968 by Franc Wertheimer and George J. Pedersen, ManTech International Corporation is an American defense contracting firm based in Herndon, Virginia. "The deliberations are part of Pedersen's estate planning, according to sources.

Wells Fargo has decided to maintain its Overweight rating of Diamondback Energy and lower its price target from $204.00 to $200.00. Shares of Diamondback Energy are trading down 0.68% over the last 24 hours, at $130.41 per share. A move to $200.00 would account for a 53.36% increase from the current share price. Diamondback Energy is an independent oil and gas producer in the United States.

Analysts have provided the following ratings for Diamondback Energy within the last quarter: According to 14 analyst offering 12-month price targets in the last 3 months, Diamondback Energy has an average price target of $179.07 with a high of $215.00 and a low of $140.00. Below is a summary of how these 14 analysts rated Diamondback Energy over the past 3 months.

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NEW YORK, May 16, 2022  Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Rattler Midstream LP (RTLR), in connection with the proposed merger of the Company with Diamondback Energy, Inc. (FANG). Under the terms of the merger agreement, the Company's unitholders will receive 0.113 units of Diamondback for each unit of Rattler common unit ow...

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