Diamondback Energy (FANG) to Acquire Delaware Basin Assets for $2.43B

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Go back to Diamondback Energy (FANG) to Acquire Delaware Basin Assets for $2.43B

Canaccord Genuity Reiterates Buy on Diamondback Energy (FANG) - PT to $120

December 16, 2016 10:42 AM EST

Canaccord Genuity reiterated a Buy rating on Diamondback Energy (NASDAQ: FANG), and raised the price target to $120.00 (from $116.00), following the company's announced acquisition of Brigham Resources' ~76K net acres in Pecos County.

Analyst Sam Burwell commented, "FANG's acquisition of Brigham... More

UBS Raises Price Target on Diamondback Energy (FANG) Following Announced Brigham Resources Acquisition

December 15, 2016 8:48 AM EST

UBS reiterated a Neutral rating on Diamondback Energy (NASDAQ: FANG), and raised the price target to $112.00 (from $106.00), following the company's announced plans to acquire... More

Diamondback Energy (FANG) Launches 10.5M Common Stock Offering

December 14, 2016 4:10 PM EST

Diamondback Energy, Inc. (NASDAQ: FANG) announced today the launch of an underwritten public offering of 10,500,000 shares of its common stock, subject to market and other conditions. The underwriter will have an option to purchase up to an additional 1,575,000 shares of common stock from Diamondback. All of the shares to be sold in this offering will be sold by Diamondback. The underwriter intends to offer the shares from time to time for sale in one or more... More