Diamondback Stock News

Sector ETF report for FXN

Diamondback Energy (FANG) closed the most recent trading day at $124.56, moving -1.29% from the previous trading session.

A challenging macro environment continued to roil markets last week with the S&P 500 dropping 2.4% and the Nasdaq dropping 3.6%. Inflation remained persistently high, rising 7.9% in February , WTI crude briefly touched $130 per barrel earlier in the week (Brent went even higher touching $140 per barrel) and the war in Ukraine shows no signs of abating. The humanitarian toll this unnecessary war is creating is painful to watch. Millions have lost their homes, evacuation corridors have come under shelling and the economic damage this conflict will cause is likely to be widespread. Given the hit to supply from sanctions on Russia, domestic crude producers like Continental Resources (NYSE: CLR ) and Diamondback Energy (NASDAQ: FANG ) are uniquely positioned to benefit from higher WTI crude prices. Other companies in the energy complex including transportation companies (pipelines) like Enbridge (NYSE: ENB ) and Enterprise Product Partners (NYSE: EPD ), service companies like Baker Hughes (NASDAQ: BKR ) and Halliburton (NYSE: HAL ) and downstream refiners like Marathon Petroleum (NYSE: MPC ) and Valero Energy (NYSE: VLO ) are also going to benefit from higher oil prices.

All energy sectors have been volatile, but the general direction has been up, with an excellent long-term setup for investors.

Smart Beta ETF report for RYE

Crude prices are expected by analysts to extend gains, enriching companies further.

Shares of energy companies, including Exxon Mobil Corp (NYSE: XOM ), Diamondback Energy Inc (NASDAQ: FANG ) and Marathon Oil Corporation (NYSE: MRO ) are trading lower as oil prices pull back following recent strength. The sector has gained amid supply concerns as a result of … Full story available on Benzinga.com

Wednesday''s top analyst upgrades and downgrades included Advanced Micro Devices, Bluebird Bio, Dollar Tree, Diamondback Energy, Fastenal, Kohl''s, Limelight Networks, Netflix, Palantir Technologies, PayPal, Southwestern Energy, S&P Global and Unity Software.

Crude prices continue to be volatile after Russian sanctions. Here are the oil stocks that will benefit the most from the current climate.

Diamondback Energy (FANG) closed the most recent trading day at $134.44, making no change from the previous trading session.

Diamondback Energy (FANG) closed the most recent trading day at $134.44, making no change from the previous trading session.

Upgrades According to Janney Montgomery Scott, the prior rating for Wintrust Financial Corp (NASDAQ:WTFC) was changed from Neutral to Buy. Wintrust Finl earned $1.58 in the fourth quarter, compared to

Should you rotate into dividend stocks amid the looming hike in interest rates?

Diamondback Energy had its target price increased by equities research analysts at Raymond James from $165.00 to $195.00 in a note issued to investors on Friday, Benzinga…