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FANG

Diamondback Energy

$94.70

-0.34 (-0.36%)

12:04
10/10/16
10/10
12:04
10/10/16
12:04

Diamondback Energy sees FY17 production 52-58 Mboe/d

Diamondback's preliminary full year 2017 production guidance is 52 to 58 Mboe/d, the midpoint of which is up over 30% from the midpoint of updated 2016 production guidance. Diamondback plans to complete 90 to 120 gross wells in 2017 with an average lateral length of approximately 8,500 feet.

FANG Diamondback Energy
$94.70

-0.34 (-0.36%)

10/05/16
MZHO
10/05/16
INITIATION
Target $105
MZHO
Buy
Diamondback Energy initiated with a Buy at Mizuho
Mizuho analyst Timothy Rezvan initiated Diamondback Energy with a Buy and a $105 price target.
08/29/16
WILL
08/29/16
INITIATION
Target $105
WILL
Hold
Diamondback Energy initiated with a Hold at Williams Capital
Williams Capital analyst Gabriele Sorbara started Diamondback Energy with a Hold rating and $105 price target.
08/08/16
ROTH
08/08/16
UPGRADE
Target $104
ROTH
Buy
Diamondback Energy upgraded to Buy from Neutral at Roth Capital
Roth Capital analyst John White upgraded Diamondback Energy to Buy from Neutral, citing the company's entrance into the Southern Delaware Basin, and noting that Diamondback Energy accelerated its drilling and completion activity, added its fourth drilling rig last month with the intention of a fifth rig, should commodity prices strengthen further. The analyst also raised his price target on the shares to $104 from $85.
08/03/16
WELS
08/03/16
NO CHANGE
WELS
Diamondback shares should react positively to well results, says Wells Fargo
Wells Fargo says that Howard County well results released by Diamondback Energy were "solid" and among the best results in the county to date. The firm expects the company's shares to react positively to the news. It keeps an Outperform rating on the stock.

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MTBC

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WFC

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D

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