Diamondback Energy, Inc. (NASDAQ:FANG) was given a Buy rating by Melius Research with a price target of $213. The company focuses on the Permian Basin, holding significant acreage in the Midland Basin. Diamondback’s lean operating model and strategic acquisitions contribute to its competitive edge in the oil and gas industry.

Read more at Yahoo Finance: Melius Initiates Coverage on Diamondback Energy (FANG), Assigns Buy Rating