BUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval

Reuters02-24 21:25

BUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval

** Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices

** FANG now expects current-year net production between 926,000 boepd and 962,000 boepd. It forecasts capital expenditure between $3.6 billion and $3.9 billion

** The capex includes $100 million-$150 million for exploration in the Barnett and Woodford

** In 2025, FANG was down 8.2%

HIGHER ANNUAL CAPEX OFFSETS DISAPPOINTING RESULTS

** TD Cowen ("Buy"; PT: $190) says FANG is shifting away from inorganic inventory expansion towards organic resource growth, leading to increase in capital expenditure

** RBC Capital Markets ("Outperform"; PT: $173) views the Q4 results and outlook as "mixed", especially considering the company's propensity to "exceed expectations"

** However, RBC adds co's disappointing outlook for 2026 could put pressure on shares

** Siebert Williams ("Buy"; PT: $190) views FANG as a "best-in-class Permian Basin player" with a disciplined capital allocation and a sustainable free cash flow yield that should remain competitive through the commodity cycles

(Reporting by Dharna Bafna in Benagluru)

((dharna.bafna@thomsonreuters.com ))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2613571414?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-24 21:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2613571414","market":"fut","top_or_hot":-1,"title":"BUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval</title></head><body><p>** <a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> <span>FANG.O</span> <span>fell</span> short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices</p><p>** FANG now expects current-year net production between 926,000 boepd and 962,000 boepd. It forecasts capital expenditure between $3.6 billion and $3.9 billion</p><p>**<span> The capex includes $100 million-$150 million for exploration in the Barnett and Woodford</span></p><p>** In 2025, FANG was down 8.2%</p><p>HIGHER ANNUAL CAPEX OFFSETS DISAPPOINTING RESULTS    </p><p>** TD Cowen (\"Buy\"; PT: $190) says FANG is shifting away from inorganic inventory expansion towards organic resource growth, leading to increase in capital expenditure</p><p>** RBC Capital Markets (\"Outperform\"; PT: $173) views the Q4 results and outlook as \"mixed\", especially considering the company's propensity to \"exceed expectations\"</p><p>** However, RBC adds co's disappointing outlook for 2026 could put pressure on shares</p><p>** Siebert Williams (\"Buy\"; PT: $190) views FANG as a \"best-in-class Permian Basin player\" with a disciplined capital allocation and a sustainable free cash flow yield that should remain competitive through the commodity cycles</p><p> (Reporting by Dharna Bafna in Benagluru)</p><p> ((dharna.bafna@thomsonreuters.com ))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-24 21:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval</title></head><body><p>** <a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> <span>FANG.O</span> <span>fell</span> short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices</p><p>** FANG now expects current-year net production between 926,000 boepd and 962,000 boepd. It forecasts capital expenditure between $3.6 billion and $3.9 billion</p><p>**<span> The capex includes $100 million-$150 million for exploration in the Barnett and Woodford</span></p><p>** In 2025, FANG was down 8.2%</p><p>HIGHER ANNUAL CAPEX OFFSETS DISAPPOINTING RESULTS    </p><p>** TD Cowen (\"Buy\"; PT: $190) says FANG is shifting away from inorganic inventory expansion towards organic resource growth, leading to increase in capital expenditure</p><p>** RBC Capital Markets (\"Outperform\"; PT: $173) views the Q4 results and outlook as \"mixed\", especially considering the company's propensity to \"exceed expectations\"</p><p>** However, RBC adds co's disappointing outlook for 2026 could put pressure on shares</p><p>** Siebert Williams (\"Buy\"; PT: $190) views FANG as a \"best-in-class Permian Basin player\" with a disciplined capital allocation and a sustainable free cash flow yield that should remain competitive through the commodity cycles</p><p> (Reporting by Dharna Bafna in Benagluru)</p><p> ((dharna.bafna@thomsonreuters.com ))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B2Q91V27.USD","symbol_name":"GUINNESS GLOBAL ENERGY \"C\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260224:nL6N3ZK0QW:1","article_id":"2613571414","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613571414","pubTimestamp":1771939501,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval** Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices** FANG now expects current-year net production between 926,000 boepd and 962,000 boepd. It forecasts capital expenditure between $3.6 billion and $3.9 billion** The capex includes $100 million-$150 million for exploration in the Barnett and Woodford** In 2025, FANG was down 8.2%HIGHER ANNUAL CAPEX OFFSETS DISAPPOINTING RESULTS    ** TD Cowen  says FANG is shifting away from inorganic inventory expansion towards organic resource growth, leading to increase in capital expenditure** RBC Capital Markets  views the Q4 results and outlook as \"mixed\", especially considering the company's propensity to \"exceed expectations\"** However, RBC adds co's disappointing outlook for 2026 could put pressure on shares** Siebert Williams  views FANG as a","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B2Q91V27.USD":"GUINNESS GLOBAL ENERGY \"C\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0251142724.SGD":"Fidelity America A-SGD","FANG":"Diamondback Energy","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","BK4588":"碎股","BK4213":"石油与天然气的勘探与生产","IE00BGHQF524.EUR":"GUINNESS GLOBAL ENERGY \"C\" (EUR) ACC","BK4585":"ETF&股票定投概念","IE00B3CCJ963.GBP":"GUINNESS GLOBAL ENERGY \"C\" (GBP) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)"},"translate_title":"BUZZ街景：Diamondback的石油勘探支出计划获得分析师批准","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FANG":0.9},"content_text":"BUZZ-Street View: Diamondback's planned spending on oil exploration gets analysts' approval** Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices** FANG now expects current-year net production between 926,000 boepd and 962,000 boepd. It forecasts capital expenditure between $3.6 billion and $3.9 billion** The capex includes $100 million-$150 million for exploration in the Barnett and Woodford** In 2025, FANG was down 8.2%HIGHER ANNUAL CAPEX OFFSETS DISAPPOINTING RESULTS    ** TD Cowen (\"Buy\"; PT: $190) says FANG is shifting away from inorganic inventory expansion towards organic resource growth, leading to increase in capital expenditure** RBC Capital Markets (\"Outperform\"; PT: $173) views the Q4 results and outlook as \"mixed\", especially considering the company's propensity to \"exceed expectations\"** However, RBC adds co's disappointing outlook for 2026 could put pressure on shares** Siebert Williams (\"Buy\"; PT: $190) views FANG as a \"best-in-class Permian Basin player\" with a disciplined capital allocation and a sustainable free cash flow yield that should remain competitive through the commodity cycles (Reporting by Dharna Bafna in Benagluru) ((dharna.bafna@thomsonreuters.com ))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2613571414","isCrawlerRequest":true}