Diamondback Energy(FANG)
icon
搜索文档
Diamondback Energy: Evolving Powerhouse In The Permian
Seeking Alpha· 2024-05-14 00:26
bjdlzx Introduction Diamondback Energy (NASDAQ:FANG) is a low-cost energy producer that offers an attractive investment opportunity for those wishing to build their portfolio allocation toward energy. The company enjoys technical production advantages and efficiencies that help it maintain excellent margins through low-cost production. Diamondback bases its entire strategy on several strategic components: 1) Consistent low-cost production to undercut competitors, 2) pursuit of selective M&A activity to incr ...
Diamondback (FANG) Q1 Earnings Beat Estimates as Output Jumps
Zacks Investment Research· 2024-05-08 23:36
U.S. energy operator Diamondback Energy (FANG) reported first-quarter 2024 adjusted earnings per share of $4.50, which beat the Zacks Consensus Estimate of $4.29 and came ahead of the year-ago adjusted figure of $4.10. The outperformance primarily reflects stronger production and a drop in overall realization. Meanwhile, revenues of $2.2 billion rose 15.7% from the year-ago quarter’s sales and outperformed the Zacks Consensus Estimate by $137 million. In good news for investors, the company is using the exc ...
Is Diamondback Energy (FANG) Stock Outpacing Its Oils-Energy Peers This Year?
Zacks Investment Research· 2024-05-07 22:46
The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Diamondback Energy (FANG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question. Diamondback Energy is one of 249 companies in the Oils-Energy group. T ...
Diamondback (FANG) Is Considered a Good Investment by Brokers: Is That True?
Zacks Investment Research· 2024-05-07 22:36
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Diamondback Energy (FANG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Diamondback currently ...
Diamondback Energy(FANG) - 2024 Q1 - Quarterly Report
2024-05-03 04:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35700 Diamondback Energy, Inc. (Exact Name of Registrant As Specified in Its Charter) DE 45-4502447 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employ ...
Diamondback Energy(FANG) - 2024 Q1 - Earnings Call Transcript
2024-05-02 00:45
财务数据和关键指标变化 - 公司在第一季度完成了101口井的完井作业,平均井深达到11,700英尺,与全年指引一致 [55][56] - 公司在第一季度钻探了69口井,平均井深超过13,000英尺,显示了良好的资本效率 [55][56] - 公司预计全年平均井深仍将维持在11,500英尺左右,不会大幅提高 [56][57] 各条业务线数据和关键指标变化 - 公司在德拉瓦盆地的开发活动相对较少,主要集中在中兰盆地,但仍会保留在德拉瓦盆地的开发计划 [21][22][23] - 公司将继续推进中兰盆地的大型井组开发,保持较高的资本效率 [22][23] 各个市场数据和关键指标变化 - 公司正在采取措施应对瓦哈天然气价格疲软的问题,包括签订长期管道运输合同等 [11][12][13] - 公司未来将继续参与建设新的天然气管道项目,以确保自身天然气产量的顺利出口 [32][33][36][37] 公司战略和发展方向及行业竞争 - 公司将保持扁平化的组织架构和非隔离的管理模式,维持高度信任的企业文化,为未来的快速发展奠定基础 [68][69] - 公司正在探索建设天然气制汽油项目等新的利润创造业务,但规模相对有限,不会对整体资本支出产生重大影响 [83][84][85] - 公司正在积极应用人工智能技术,以提高作业效率和资源开发效果,但具体效果还有待观察 [83][84] 管理层对经营环境和未来前景的评论 - 公司对未来天然气管道建设和天然气价格走势保持乐观,认为自身有足够的管道运力和定价能力 [36][37][63][64] - 公司对于并购Endeavor后的协同效果和资本效率提升充满信心,将继续保持灵活高效的企业文化 [68][69] 问答环节重要的提问和回答 问题1 **Neil Mehta 提问** 公司如何应对瓦哈天然气价格疲软的问题,以及未来天然气管道建设的时间安排 [11][12][13] **Kaes Van't Hof 回答** 公司将继续参与建设新的天然气管道项目,以确保自身天然气产量的顺利出口,并通过签订长期运输合同等方式规避价格风险 [13][32][33] 问题2 **Arun Jayaram 提问** 公司在中兰盆地的资本效率情况如何,是否达到了预期目标 [19][20][21] **Kaes Van't Hof 回答** 公司在中兰盆地的资本效率已经达到了预期目标区间,未来将继续保持高效的开发节奏 [20][21] 问题3 **David Deckelbaum 提问** 公司在并购Endeavor后的非核心资产出售计划和时间安排如何 [30][31] **Kaes Van't Hof 回答** 公司将在并购完成后出售Endeavor的部分midstream和mineral资产,以降低交易现金支付,但具体时间和价格需要根据市场情况而定 [30][31]
Diamondback Energy(FANG) - 2024 Q1 - Quarterly Results
2024-05-01 04:07
Exhibit 99.1 DIAMONDBACK ENERGY, INC. ANNOUNCES FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS Midland, TX (April 30, 2024) - Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS • Average production of 273.3 MBO/d (461.1 MBOE/d) • Net cash provided by operating activities of $1.3 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconcil ...
Why Earnings Season Could Be Great for Diamondback Energy (FANG)
Zacks Investment Research· 2024-04-29 22:50
Investors are always looking for stocks that are poised to beat at earnings season and Diamondback Energy Inc (FANG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Diamondback Energy is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is ...
Diamondback Energy, Inc. Receives Stockholder Approval for Proposed Transaction with Endeavor Energy Resources, L.P.
Newsfilter· 2024-04-27 04:01
MIDLAND, Texas, April 26, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback" or the "Company") today announced that its stockholders have approved the issuance of shares of Diamondback common stock in connection with the proposed business combination with Endeavor Energy Resources, L.P. ("Endeavor"). Additionally, Diamondback stockholders approved a proposal to amend the Company's certificate of incorporation to increase the authorized number of shares of Diamondback common stock ...
Why Diamondback Energy (FANG) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-04-25 22:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Score ...