Diamondback Energy Watchlist

tz-plus logo Diamondback Energy: Analysts see up to 50% potential for the value PE stock

S. Bank
Reading Time: 2 minutes

Among the value PE stocks, Diamondback Energy (FANG) is intriguing as it aims to finally break out of its consolidation phase. The company, which specializes in the exploration, development, and production of oil and natural gas, is currently focused on creating value for shareholders, particularly through an "Acquire and Exploit" strategy in the Permian Basin. Despite a challenging market environment, the company has achieved growth through successful acquisitions and integration, most recently nearly doubling its size with the acquisition of...

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