Risk factor
Low default risk
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
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of FANG is 185 and suggests 26% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas
Buy
Sell