$ 140.47
Key Takeaways
Risk factor
Strong trading liquidity
Profitability factor
Very strong margins and returns
About
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring...
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.
Target Price
The average target price of FANG is 170 and suggests 21% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas
