Followers | 123 |
Posts | 7286 |
Boards Moderated | 0 |
Alias Born | 07/06/2012 |
Thursday, November 19, 2015 5:29:52 PM
The company is making progress delineating its acreage in other areas, testing multiple horizons.
While the remaining inventory is unlikely to match the Spanish Trail in terms of returns, it should yield a multi-year, solidly economic development backlog once the commodity environment improves.
The stock's price appears to recognize the high quality of the company's assets, its strong balance sheet and enhanced economics due to mineral rights ownership via Viper.
While the current trading multiple is very high, the rich premium may be "sticky": investors may continue to price a cyclical recovery in oil into the stock, considering the company is well positioned to weather the downcycle and accelerate growth once the cycle turns.
Purely My Own Opinion. Do Your Own Due Diligence.
“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty
Recent FANG News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 09:05:08 PM
- Form 424B7 - Prospectus [Rule 424(b)(7)] • Edgar (US Regulatory) • 09/23/2024 10:01:38 AM
- Diamondback Energy Announces Pricing of Upsized Secondary Common Stock Offering • GlobeNewswire Inc. • 09/20/2024 03:35:56 AM
- Form 424B7 - Prospectus [Rule 424(b)(7)] • Edgar (US Regulatory) • 09/19/2024 09:10:17 PM
- Diamondback Energy Announces Launch of Secondary Common Stock Offering • GlobeNewswire Inc. • 09/19/2024 08:55:01 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 09/19/2024 08:51:07 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/19/2024 08:24:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2024 08:22:25 PM
- Meta Strengthens Child Privacy on Instagram; Google Overturns $1.7 Billion Antitrust Fine; Snap Updates Spectacles • IH Market News • 09/18/2024 10:13:07 AM
- Form SC 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 09/13/2024 08:27:15 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 08:07:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 08:21:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 08:21:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 08:20:51 PM
- Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Announces Acquisition • GlobeNewswire Inc. • 09/11/2024 08:05:28 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 09:05:22 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 09:04:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 08:13:40 PM
- Diamondback Energy, Inc. Closes Merger with Endeavor Energy Resources, L.P. • GlobeNewswire Inc. • 09/10/2024 01:00:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:09:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:07:46 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/09/2024 09:16:59 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/08/2024 08:50:24 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2024 08:01:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 08:06:41 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM