Diamondback Energy (NASDAQ:FANG) will issue its quarterly earnings data after the market closes on Monday, February 12th. Analysts expect the company to announce earnings of $1.40 per share for the quarter.

Shares of Diamondback Energy (NASDAQ FANG) opened at $110.51 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.46 and a quick ratio of 0.45. Diamondback Energy has a 12-month low of $82.77 and a 12-month high of $134.52. The firm has a market capitalization of $10,760.00, a P/E ratio of 26.76, a price-to-earnings-growth ratio of 0.58 and a beta of 0.91.

FANG has been the subject of several recent research reports. Barclays reiterated a “buy” rating and issued a $138.00 price objective on shares of Diamondback Energy in a research report on Sunday, December 24th. Piper Jaffray Companies reiterated a “buy” rating and issued a $138.00 price objective on shares of Diamondback Energy in a research report on Tuesday, January 9th. KeyCorp reiterated an “overweight” rating and issued a $125.00 price objective (up previously from $117.00) on shares of Diamondback Energy in a research report on Tuesday, November 7th. BidaskClub upgraded Diamondback Energy from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 22nd. Finally, Credit Suisse Group initiated coverage on Diamondback Energy in a research report on Monday, December 11th. They issued an “outperform” rating and a $123.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $135.11.

In related news, insider Michael L. Hollis sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $129.34, for a total transaction of $388,020.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Russell Pantermuehl sold 1,400 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $111.10, for a total value of $155,540.00. Following the completion of the sale, the vice president now directly owns 60,814 shares in the company, valued at $6,756,435.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 68,400 shares of company stock valued at $8,337,200. 0.41% of the stock is owned by corporate insiders.

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Diamondback Energy Company Profile

Diamondback Energy, Inc is an independent oil and natural gas company. The Company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2016, the Company’s total net acreage position in the Permian Basin was approximately 105,894 net acres.

Earnings History for Diamondback Energy (NASDAQ:FANG)

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