Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2019 Financial and Operating Results; Increases Distribution

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Go back to Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2019 Financial and Operating Results; Increases Distribution

SunTrust Reiterates Buy Rating on Diamondback Energy (FANG)

February 19, 2020 7:24 AM EST

SunTrust analyst Neal Dingmann reiterated a Buy rating and $137.00 price target on Diamondback Energy (NASDAQ: FANG). FANG continues to address shareholder return by doubling its dividend with a current annualized yield of 2% and repurchased $199MM of common shares in 4Q19.

FANG reported better than... More

Mizuho Securities Reiterates Buy Rating on Diamondback Energy (FANG) Following Dividend Hike

February 19, 2020 6:58 AM EST

Mizuho Securities analyst Paul Sankey reiterated a Buy rating and $130.00 price target on Diamondback Energy (NASDAQ: FANG) after doubling dividend payments. Dividend payments for 2020 should total ~$250Mn. FANG had last updated its "sustaining" capital requirements with 3Q19 results at ~$1.7Bn to keep flat exit 2019 production.... More