Diamondback Energy, Inc. (FANG) is a $42.4 billion independent oil and gas company focused on unconventional resources in the Permian Basin, targeting formations in the Midland and Delaware basins. Despite underperformance in the market, the company reported strong Q3 earnings but saw a 1.3% drop in shares due to weaker oil pricing. Analysts expect a 24% dip in adjusted EPS for 2025, but the stock has a “Strong Buy” consensus rating with a mean price target of $179.48. UBS raised its price target to $174, reflecting a 21.1% premium.
Read more at Yahoo Finance: Are Wall Street Analysts Bullish on Diamondback Energy Stock?
