Breaking News Instant updates and real-time market news.

FANG

Diamondback Energy

$94.70

-0.34 (-0.36%)

12:42
10/10/16
10/10
12:42
10/10/16
12:42

Diamondback Energy surges on production guidance hike

Shares of Diamondback Energy (FANG) surged in afternoon trading after the independent oil and gas company raised its fiscal 2016 production guidance and provided an outlook for fiscal 2017. The company also confirmed that it was engaged in discussions over a potential acquisition, but that is no longer pursuing further talks. GUIDANCE: Before the market open, Diamondback Energy provided a corporate update, saying that average daily production during the third quarter was 44,923 barrels of oil equivalent per day, up 22% from the daily production average in the second quarter of 36,841 boe/d. Looking ahead, the company raised its FY16 production view to a range of 41-42 Mboe/d, marking a 6% increase from the midpoint of the July guidance range of 38-40 Mboe/d, citing continued strong well performance. Diamondback added that its FY16 capital expenditure guidance remains the same at $350M-$424M and that it plans to add a fifth rig "in the coming weeks." The company also narrowed its FY16 lease operating expense view to $5.50-$6.00 per boe from the previous range of $5.50-$6.25 per boe as a result of "continued cost savings and efficiency improvements." In addition, Diamondback provided an outlook for FY17, saying that preliminary FY17 production is expected to be in the range of 52-58 Mboe/d. ACQUISITION TALKS: Separately, Diamondback Energy chief executive officer Travis Stice said that the company is "ideally positioned" to pursue additional transactions. Stice also confirmed rumors that the company was engaged in talks involving an acquisition but is "not actively pursuing further negotiations at this time." WHAT'S NOTABLE: On September 30, The Wall Street Journal reported that Diamondback Energy was nearing a deal to acquire Silver Hill Energy Partners. People familiar with the matter told the publication that Diamondback was the likely winner of an auction for private-equity owned Silver Hill. A deal for Silver Hill could value it at roughly $2.5B, The Journal said at the time. PRICE ACTION: In afternoon trading, Diamondback Energy rose 10.6% to $104.71.

FANG Diamondback Energy
$94.70

-0.34 (-0.36%)

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.
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.
08/29/16
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.
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.

TODAY'S FREE FLY STORIES

CPRT

Copart

$60.30

1.29 (2.19%)

18:09
02/21/17
02/21
18:09
02/21/17
18:09
Earnings
Copart reports Q2 adjusted EPS 58c, consensus 57c »

Reports Q2 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

DAL

Delta Air Lines

$51.21

-0.02 (-0.04%)

18:07
02/21/17
02/21
18:07
02/21/17
18:07
Hot Stocks
Aeromexico says concludes Delta tender offer 'represents fair value' »

Grupo Aeromexico issued…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GSS

Golden Star Resources

$0.99

0.0232 (2.40%)

18:04
02/21/17
02/21
18:04
02/21/17
18:04
Hot Stocks
Golden Star Resources sees FY17 gold production 255,000-280,000 »

Sees FY17 AISC…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

GSS

Golden Star Resources

$0.99

0.0232 (2.40%)

17:57
02/21/17
02/21
17:57
02/21/17
17:57
Earnings
Golden Star Resources reports Q4 adjusted EPS 1c, consensus (1c) »

Reports Q4 gold revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

CY

Cypress Semiconductor

$13.12

0.22 (1.71%)

17:52
02/21/17
02/21
17:52
02/21/17
17:52
Hot Stocks
Cypress Semiconductor founder nominates two candidates for board »

T.J. Rodgers, founder and…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Feb

  • 16

    Mar

XPO

XPO Logistics

$48.38

-0.84 (-1.71%)

, DEPO

Depomed

$15.77

-0.7 (-4.25%)

17:41
02/21/17
02/21
17:41
02/21/17
17:41
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: XPO…

XPO

XPO Logistics

$48.38

-0.84 (-1.71%)

DEPO

Depomed

$15.77

-0.7 (-4.25%)

WMGI

Wright Medical

$26.86

-0.1 (-0.37%)

HCLP

Hi-Crush Partners

$21.40

0.1 (0.47%)

RRGB

Red Robin

$47.50

-0.3 (-0.63%)

FSLR

First Solar

$36.62

1.78 (5.11%)

LNTH

Lantheus

$9.35

-0.1 (-1.06%)

GE

General Electric

$30.52

0.15 (0.49%)

TRCO

Tribune Media

$33.70

0.73 (2.21%)

SREV

ServiceSource

$6.05

0.22 (3.77%)

FUEL

Rocket Fuel

$2.55

0.08 (3.24%)

TXRH

Texas Roadhouse

$47.79

-0.45 (-0.93%)

WLL

Whiting Petroleum

$11.57

0.46 (4.14%)

TEX

Terex

$32.13

0.13 (0.41%)

PZZA

Papa John's

$85.63

-0.38 (-0.44%)

FE

FirstEnergy

$31.33

0.32 (1.03%)

PKD

Parker Drilling

GBT

Global Blood Therapeutics

$28.50

1.6 (5.95%)

CUZ

Cousins Properties

$8.66

0.01 (0.12%)

YUM

Yum! Brands

$67.67

-0.73 (-1.07%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 21

    Feb

  • 22

    Feb

  • 22

    Feb

  • 22

    Feb

  • 22

    Feb

  • 27

    Feb

  • 28

    Feb

  • 28

    Feb

  • 01

    Mar

  • 01

    Mar

  • 01

    Mar

  • 07

    Mar

  • 07

    Mar

  • 14

    Mar

  • 26

    Apr

  • 09

    May

  • 22

    Feb

GLA

GlassBridge

, IMN

Imation

$0.77

-0.0091 (-1.17%)

17:41
02/21/17
02/21
17:41
02/21/17
17:41
Hot Stocks
GlassBridge implements name change, reverse stock split »

GlassBridge Enterprises…

GLA

GlassBridge

IMN

Imation

$0.77

-0.0091 (-1.17%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HVT

Haverty Furniture

$22.95

0.4 (1.77%)

17:37
02/21/17
02/21
17:37
02/21/17
17:37
Earnings
Haverty Furniture reports Q4 EPS 51c, consensus 43c »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

CUZ

Cousins Properties

$8.66

0.01 (0.12%)

17:36
02/21/17
02/21
17:36
02/21/17
17:36
Syndicate
Breaking Syndicate news story on Cousins Properties »

Cousins announces…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Mar

CUZ

Cousins Properties

$8.66

0.01 (0.12%)

17:36
02/21/17
02/21
17:36
02/21/17
17:36
Syndicate
Cousins announces offering of 25M shares of common stock »

Cousins Properties…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Mar

VMI

Valmont

$143.80

0.4 (0.28%)

17:35
02/21/17
02/21
17:35
02/21/17
17:35
Hot Stocks
Valmont expects EPS to decrease on GAAP basis »

The company said "We…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

VMI

Valmont

$143.80

0.4 (0.28%)

17:34
02/21/17
02/21
17:34
02/21/17
17:34
Earnings
Valmont sees FY17 adjusted EPS $6.42, consensus $6.78 »

Sees FY17 revenue up -…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

VMI

Valmont

$143.80

0.4 (0.28%)

17:32
02/21/17
02/21
17:32
02/21/17
17:32
Earnings
Valmont reports Q4 adjusted EPS $1.61, consensus $1.45 »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

GNMX

Aevi Genomics Medicine

$5.09

0.18 (3.67%)

17:31
02/21/17
02/21
17:31
02/21/17
17:31
Hot Stocks
Aevi Genomics Medicine announces expansion of collaboration with CHOP »

Aevi Genomic Medicine…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 23

    Feb

  • 21

    Mar

UNH

UnitedHealth

$160.57

2.95 (1.87%)

, SCAI

Surgical Care Affiliates

$56.59

-0.1 (-0.18%)

17:29
02/21/17
02/21
17:29
02/21/17
17:29
Hot Stocks
UnitedHealth commences exchange offer to acquire Surgical Care Affiliates »

UnitedHealth (UNH)…

UNH

UnitedHealth

$160.57

2.95 (1.87%)

SCAI

Surgical Care Affiliates

$56.59

-0.1 (-0.18%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SSNI

Silver Spring

$14.04

0.36 (2.63%)

17:28
02/21/17
02/21
17:28
02/21/17
17:28
Earnings
Silver Spring sees Q1 revenue $45M-$50M, may not compare to consensus $75.29M »

Sees Q1 billings…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SSNI

Silver Spring

$14.04

0.36 (2.63%)

17:27
02/21/17
02/21
17:27
02/21/17
17:27
Earnings
Silver Spring sees FY17 revenue $400M-$420M, consensus $331.01M »

Sees FY17 billings…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MIC

Macquarie Infrastructure

$78.17

-1.33 (-1.67%)

17:25
02/21/17
02/21
17:25
02/21/17
17:25
Hot Stocks
Macquarie Infrastructure sees 10% dividend growth in 2017 »

"We are also…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 14

    Mar

MIC

Macquarie Infrastructure

$78.17

-1.33 (-1.67%)

17:24
02/21/17
02/21
17:24
02/21/17
17:24
Hot Stocks
Macquarie Infrastructure raises quarterly dividend to $1.31 per share »

The MIC board of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 14

    Mar

SPN

Superior Energy

$16.62

0.2 (1.22%)

17:20
02/21/17
02/21
17:20
02/21/17
17:20
Earnings
Superior Energy reports Q4 EPS (74c), consensus (77c) »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

TOL

Toll Brothers

$31.99

0.5 (1.59%)

17:18
02/21/17
02/21
17:18
02/21/17
17:18
Hot Stocks
Toll Brothers announces initiation of cash dividend »

Toll Brothers announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Mar

LAND

Gladstone Land

$12.49

0.24 (1.96%)

17:17
02/21/17
02/21
17:17
02/21/17
17:17
Earnings
Gladstone Land reports Q4 FFO 13.6c vs. 13.5c last quarter »

Reports Q4 revenue $4.9M,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

HLS

HealthSouth

$42.93

0.93 (2.21%)

17:16
02/21/17
02/21
17:16
02/21/17
17:16
Earnings
HealthSouth reports Q4 adjusted EPS 72c, consensus 62c »

Reports Q4 operating…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 27

    Feb

  • 05

    Mar

SHO

Sunstone Hotel

$15.20

0.07 (0.46%)

17:13
02/21/17
02/21
17:13
02/21/17
17:13
Hot Stocks
Sunstone Hotel approves $300M increase to share repurchase program »

On February 17 the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

SHO

Sunstone Hotel

$15.20

0.07 (0.46%)

17:11
02/21/17
02/21
17:11
02/21/17
17:11
Hot Stocks
Sunstone Hotel expects to pay a regular dividend of 5c per share throughout 2017 »

The Company expects to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.