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Stock Market & Financial Investment News

News Breaks
March 4, 2014
14:40 EDTFANGDiamondback Energy management to meet with SunTrust
Meeting to be held in New York on March 4 hosted by SunTrust.
News For FANG From The Last 14 Days
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July 23, 2014
10:02 EDTFANGOn The Fly: Analyst Upgrade Summary
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08:54 EDTFANGDiamondback Energy price target raised to $121 from $108 at Canaccord
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07:23 EDTFANGDiamondback Energy upgraded to Buy from Accumulate at KLR Group
KLR Group upgraded Diamondback Energy to Buy citing the company's acreage acquisition and accelerating drilling activity. The firm raised its price target for shares to $118 from $103.
July 22, 2014
10:00 EDTFANGOn The Fly: Analyst Upgrade Summary
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06:20 EDTFANGDiamondback Energy upgraded to Buy from Neutral at Roth Capital
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06:14 EDTFANGDiamondback Energy upgraded to Buy from Neutral at Roth Capital
July 21, 2014
18:39 EDTFANGDiamondback Energy 5M share Secondary priced at $87.00
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06:37 EDTFANGDiamondback Energy raises 2014 production guidance to 17-19 MBoe/d
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06:36 EDTFANGDiamondback Energy reports Q2 average daily production up 32% to 17,837 Boe/d
Diamondback's average daily production for the second quarter of 2014 increased 171% as compared to the second quarter of 2013.
06:35 EDTFANGDiamondback Energy to acquire additional acreage in Midland basin for $538M
Diamondback Energy announced the company has entered into a definitive purchase agreement with unrelated third party sellers to acquire additional leasehold interests in the Midland Basin for an aggregate purchase price of approximately $538M, subject to certain adjustments. Upon completion, the acquisition will provide Diamondback with primarily operated leasehold interests, the majority of which are located in Midland and western Glasscock Counties. The acquisition has 14,773 gross acres with net production of approximately 2,173 Boe/d in May from 131 gross producing wells. Net proved reserves, based on Diamondback's internal estimates as of June 2014, were approximately 5.2 MMBoe. Upon closing, the acquisition is expected to add 13,136 net acres to Diamondback's total position in the Midland Basin, increasing it to more than 85,000 net acres. The acquisition is scheduled to close in early September.
06:31 EDTFANGDiamondback Energy files to sell 5M shares of common stock
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July 17, 2014
07:25 EDTFANGDiamondback Energy re-instated with an Outperform at Credit Suisse
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