Diamondback Energy (FANG) to Release Quarterly Earnings on Monday
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.
TRADEMARK VIOLATION NOTICE: “Diamondback Energy (FANG) to Release Quarterly Earnings on Monday” was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://theolympiareport.com/2018/02/11/diamondback-energy-fang-to-release-quarterly-earnings-on-monday.html.
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.
Receive News & Ratings for Diamondback Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diamondback Energy and related companies with MarketBeat.com's FREE daily email newsletter.