|Bid||61.00 x 900|
|Ask||61.50 x 900|
|Day's Range||59.45 - 64.90|
|52 Week Range||14.55 - 81.59|
|Beta (5Y Monthly)||2.58|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.50 (2.47%)|
|Ex-Dividend Date||Nov. 10, 2020|
|1y Target Est||N/A|
Diamondback (FANG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Permian Basin-focused oil company has produced a more than 260% total return since its initial public offering in late 2012. What makes its outperformance even more impressive is that Diamondback has done it during a period when crude prices in the U.S. have lost roughly half their value. Given that, here's a look at the bull and bear case of whether Diamondback Energy can continue outperforming from here.
Improving upstream spending in Northern America might have supported RPC's (RES) fourth-quarter earnings.