EPS for Diamondback Energy, Inc. (FANG) Expected At $1.40

January 20, 2018 - By Adrian Mccoy

 EPS for Diamondback Energy, Inc. (FANG) Expected At $1.40
Investors sentiment increased to 1.53 in 2017 Q3. Its up 0.32, from 1.21 in 2017Q2. It increased, as 43 investors sold Diamondback Energy, Inc. shares while 92 reduced holdings. 64 funds opened positions while 143 raised stakes. 104.84 million shares or 6.40% more from 98.54 million shares in 2017Q2 were reported.
Nationwide Fund Advsr owns 0.05% invested in Diamondback Energy, Inc. (NASDAQ:FANG) for 130,254 shares. Fjarde Ap holds 39,307 shares or 0.07% of its portfolio. Wells Fargo Co Mn holds 0.02% or 668,875 shares in its portfolio. Los Angeles Cap Mgmt And Equity holds 0% or 2,665 shares. Agf Investments Inc owns 35,000 shares. Exchange Capital invested in 0.7% or 21,497 shares. Fifth Third Commercial Bank reported 13,915 shares. Jefferies Grp Ltd, New York-based fund reported 7,203 shares. Morgan Dempsey Cap Ltd Liability Corporation has 0.02% invested in Diamondback Energy, Inc. (NASDAQ:FANG) for 552 shares. Rothschild Asset Management Inc owns 6,660 shares. Clinton Gru has invested 0.08% in Diamondback Energy, Inc. (NASDAQ:FANG). Brown Advisory holds 0% or 3,409 shares in its portfolio. Capital Investors holds 0.1% in Diamondback Energy, Inc. (NASDAQ:FANG) or 4.69 million shares. Steadfast Management L P invested 1.94% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). California Employees Retirement reported 186,161 shares.

Since August 30, 2017, it had 0 insider purchases, and 11 insider sales for $2.55 million activity. 2,000 shares were sold by Hollis Michael L., worth $210,000. Molnar Paul had sold 5,000 shares worth $475,177 on Tuesday, September 19. Pantermuehl Russell sold $387,564 worth of Diamondback Energy, Inc. (NASDAQ:FANG) on Wednesday, September 20. Shares for $112,129 were sold by Dick Teresa L. on Wednesday, December 13.

Analysts expect Diamondback Energy, Inc. (NASDAQ:FANG) to report $1.40 EPS on February, 13.They anticipate $0.50 EPS change or 55.56 % from last quarter’s $0.9 EPS. FANG’s profit would be $137.43 million giving it 22.78 P/E if the $1.40 EPS is correct. After having $1.33 EPS previously, Diamondback Energy, Inc.’s analysts see 5.26 % EPS growth. The stock increased 0.27% or $0.34 during the last trading session, reaching $127.57. About 585,348 shares traded. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 18.62% since January 20, 2017 and is uptrending. It has outperformed by 1.92% the S&P500.

Diamondback Energy, Inc. (NASDAQ:FANG) Ratings Coverage

Among 38 analysts covering Diamondback Energy (NASDAQ:FANG), 34 have Buy rating, 0 Sell and 4 Hold. Therefore 89% are positive. Diamondback Energy has $150.0 highest and $65 lowest target. $108.70’s average target is -14.79% below currents $127.57 stock price. Diamondback Energy had 102 analyst reports since July 21, 2015 according to SRatingsIntel. Roth Capital maintained the stock with “Buy” rating in Thursday, July 27 report. Roth Capital maintained the stock with “Buy” rating in Tuesday, November 17 report. Morgan Stanley maintained it with “Overweight” rating and $126 target in Wednesday, October 18 report. The rating was initiated by JP Morgan on Wednesday, December 9 with “Overweight”. The company was initiated on Tuesday, September 8 by Barclays Capital. The rating was maintained by Northland Capital with “Outperform” on Friday, August 7. Topeka Capital Markets maintained Diamondback Energy, Inc. (NASDAQ:FANG) on Tuesday, October 6 with “Buy” rating. The firm earned “Buy” rating on Wednesday, November 22 by Piper Jaffray. Cowen & Co downgraded the shares of FANG in report on Tuesday, September 8 to “Market Perform” rating. The firm earned “Hold” rating on Monday, October 10 by Williams Capital Group.

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. The company has market cap of $12.52 billion. The Company’s activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. It has a 30.07 P/E ratio. As of December 31, 2016, the company??s net acreage position is approximately 105,894 acres in the Permian Basin; and estimated proved oil and natural gas reserves were 205,457 thousand barrels of crude oil equivalent.

More news for Diamondback Energy, Inc. (NASDAQ:FANG) were recently published by: Livetradingnews.com, which released: “Diamondback Energy Inc (NASDAQ:FANG) Time to Take Profits” on December 29, 2017. Seekingalpha.com‘s article titled: “Is Diamondback Really The Best Pure-Play In The Permian?” and published on December 25, 2017 is yet another important article.

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