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Stock Market & Financial Investment News

News Breaks
May 16, 2014
09:54 EDTFANGDiamondback Energy shares recommended on pullback at Global Hunter
Global Hunter recommends buying Diamondback on the recent pullback ahead of near-term catalysts with the Viper Energy IPO and top tier operating metrics.
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February 17, 2015
16:50 EDTFANGDiamondback Energy sees 2015 capital spend $400M-$450M
As previously announced, Diamondback forecasts 2015 production of 26.0-28.0 Mboe/d, including 4.2-4.5 Mboe/d attributable to subsidiary Viper Energy Partners LP. This range represents approximately 40% growth at the midpoint as compared to 2014 production. Diamondback expects a 2015 total capital spend of $400M-$450M, consisting of $285M-$315M for horizontal drilling and completions, $20M-$30M for infrastructure and $20M-$30M for non-operated activity and other expenditures. Capital spend also includes $75M for expenditure related to 2014 activity.
16:49 EDTFANGDiamondback Energy reports Q4 adjusted EPS 48c, consensus 55c
Reports Q4 revenue $$131.58M, consensus $143.21M. Proved reserves as of December 31, 2014 increased 77% year over year to 112.8 MMboe.

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