響尾蛇能源(納斯達克：FANG)目標價被花旗分析師上調至148.00美元

Diamondback Energy (NASDAQ:FANG – Get Rating) had its price target lifted by Citigroup to $148.00 in a report issued on Monday, Stock Target Advisor reports.

A number of other analysts have also recently issued reports on the stock. Bank of America cut shares of Diamondback Energy from a buy rating to a neutral rating and lifted their target price for the company from $165.00 to $170.00 in a research note on Tuesday, March 8th. Scotiabank upped their target price on shares of Diamondback Energy from $165.00 to $170.00 and gave the company a neutral rating in a research note on Wednesday, March 9th. Susquehanna boosted their price target on shares of Diamondback Energy from $152.00 to $167.00 and gave the company a positive rating in a report on Monday, April 25th. StockNews.com initiated coverage on shares of Diamondback Energy in a report on Thursday, March 31st. They issued a buy rating on the stock. Finally, Piper Sandler upped their target price on shares of Diamondback Energy from $188.00 to $196.00 and gave the stock an overweight rating in a report on Friday, June 10th. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Diamondback Energy has an average rating of Moderate Buy and a consensus price target of $168.39.

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Shares of FANG stock opened at $110.28 on Monday. The stock has a 50-day simple moving average of $135.85 and a 200 day simple moving average of $131.22. The stock has a market capitalization of $19.57 billion, a P/E ratio of 7.27, a P/E/G ratio of 0.21 and a beta of 2.20. The company has a quick ratio of 0.69, a current ratio of 0.72 and a debt-to-equity ratio of 0.42. Diamondback Energy has a fifty-two week low of $65.93 and a fifty-two week high of $162.24.

Diamondback Energy (NASDAQ:FANG – Get Rating) last issued its quarterly earnings results on Monday, May 2nd. The oil and natural gas company reported $5.20 EPS for the quarter, beating the consensus estimate of $4.74 by $0.46. The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $1.93 billion. Diamondback Energy had a net margin of 34.17% and a return on equity of 19.91%. During the same quarter in the prior year, the firm earned $2.30 EPS. On average, sell-side analysts anticipate that Diamondback Energy will post 26.16 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, May 23rd. Shareholders of record on Thursday, May 12th were given a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, May 11th. This is an increase from Diamondback Energy's previous quarterly dividend of $0.60. This represents a $2.80 annualized dividend and a yield of 2.54%. Diamondback Energy's dividend payout ratio (DPR) is currently 18.46%.

In other Diamondback Energy news, CAO Teresa L. Dick sold 2,500 shares of the firm's stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $152.22, for a total value of $380,550.00. Following the completion of the sale, the chief accounting officer now owns 57,308 shares of the company's stock, valued at $8,723,423.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Travis D. Stice sold 30,000 shares of the firm's stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $150.01, for a total value of $4,500,300.00. Following the completion of the sale, the chief executive officer now directly owns 428,497 shares of the company's stock, valued at approximately $64,278,834.97. The disclosure for this sale can be found here. Insiders have sold 44,500 shares of company stock valued at $6,740,850 over the last 90 days. 0.42% of the stock is owned by corporate insiders.

A number of institutional investors have recently modified their holdings of the stock. State Street Corp grew its position in shares of Diamondback Energy by 0.9% in the first quarter. State Street Corp now owns 11,270,639 shares of the oil and natural gas company's stock valued at $1,544,979,000 after purchasing an additional 97,283 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Diamondback Energy by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 3,428,928 shares of the oil and natural gas company's stock valued at $368,917,000 after acquiring an additional 96,622 shares during the last quarter. Invesco Ltd. raised its position in Diamondback Energy by 38.9% during the 4th quarter. Invesco Ltd. now owns 3,311,337 shares of the oil and natural gas company's stock valued at $357,129,000 after purchasing an additional 927,878 shares during the last quarter. JB Investments Management LLC lifted its stake in Diamondback Energy by 1.8% in the fourth quarter. JB Investments Management LLC now owns 2,657,988 shares of the oil and natural gas company's stock worth $286,664,000 after acquiring an additional 47,030 shares during the period. Finally, Northern Trust Corp lifted its position in shares of Diamondback Energy by 15.2% in the 4th quarter. Northern Trust Corp now owns 2,148,688 shares of the oil and natural gas company's stock worth $231,736,000 after purchasing an additional 283,086 shares during the period. Institutional investors and hedge funds own 89.97% of the company's stock.

Diamondback Energy Company Profile (Get Rating)

Diamondback Energy, Inc, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico.

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