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Fly News Breaks for February 1, 2018
XEC, FANG, PE
Feb 1, 2018 | 16:28 EDT
Deutsche analyst Nitin Kumar rolled out coverage on 17 stocks in the U.S. Exploration & Production after the close today. His top picks are Parsley Energy (PE), Diamondback Energy (FANG) and Cimarex Energy (XEC).
News For PE;FANG;XEC From the Last 2 Days
FANG
Apr 23, 2024 | 09:58 EDT
Stifel raised the firm's price target on Diamondback Energy to $229 from $224 and keeps a Buy rating on the shares. The firm is updating its commodity estimates ahead of Q1 earnings to reflect strip prices through 2026 and revising its production and capital forecasts to reflect discussions with management, the analyst tells investors. Despite elevated valuations, oil and gas macro tailwinds continue to support sector outperformance, the firm adds.
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