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Fly News Breaks for September 17, 2019
FANG, VNOM
Sep 17, 2019 | 07:53 EDT
Stifel analyst Timothy Howard said Viper Energy Partners' agreement to acquire royalty acres in the Permian basin from Santa Elena Minerals was "attractive," demonstrates Viper's unique strategy and suggests positive sentiment on the partnership's valuation. He views the deal favorably and maintains a Buy rating on Viper Energy shares.
News For VNOM;FANG 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.
