Diamondback Energy - Rising Oil Prices Lead to Strong Prospects!
Reading Time: 1 minute
Business Driver: Diamondback Energy (FANG) is one of the leading US oil and natural gas exploration companies, especially present in the Permian Basin. Given the escalating conflict in the Middle East, oil prices are currently rising significantly, which is likely to boost the results at Diamondback Energy considerably. On June 16, analysts at Wells Fargo reaffirmed their rating of "Overweight" and raised the price target from $207 to $208.
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
