- Diamondback Energy (FANG +6.2%) springs higher at the open following strong Q3 results, which some analysts see as a "mini-version" of Pioneer Natural Resources and its strong Permian Basin presence (earlier).
- During Q3, FANG's first horizontal Middle Spraberry test well, the Sarah Ann 3814H, had a peak 24-hour initial production rate of 733 boe/day (90% oil).
- Sterne Agee raises its price target on FANG shares to $74 from $54.
Diamondback Energy an early mover after strong Q3 results
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Symbol | Last Price | % Chg |
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FANG | - | - |
Diamondback Energy, Inc. |