Diamondback Energy, Inc. Announces Second Quarter 2017 Financial and Operating Results

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Diamondback Energy (FANG) PT Raised to $114 at Mizuho Securities

August 2, 2017 1:11 PM EDT

Mizuho Securities analyst Timothy Rezvan raised estimates and his price target on Diamondback Energy (NASDAQ: FANG) to $114.00 (from $109.00) while maintaining a Buy rating as the outlook improves.

Rezvan commented, "Amid a tight operating environment in the Permian, Diamondback remains a reliable growth... More

Diamondback Energy (FANG) Tops Q2 EPS by 49c

August 1, 2017 4:28 PM EDT

Diamondback Energy (NASDAQ: FANG) reported Q2 EPS of $1.40, $0.49 better than the analyst estimate of $0.91. Revenue for the quarter came in at $269.43 million versus the consensus estimate of $264.75 million.

Q2 2017 production of 77.0 Mboe/d (75% oil), up 25% over Q1 2017 (15% organic growth)

For earnings... More