Why Diamondback Energy Is My Top Pick For U.S. Oil
- Diamondback Energy's merger with Endeavor Energy enhances its resource base and operational efficiency, solidifying its position in the Permian Basin.
- FANG's disciplined debt reduction plan and strong balance sheet ensure financial stability, supported by investment-grade ratings and substantial liquidity.
- Shareholders benefit from generous returns through dividends and a $6 billion buyback authorization, despite a focus on debt reduction.
- FANG's efficient operations and strategic expansions make it a top pick for onshore U.S. energy investments, offering potential capital gains and special dividends.
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Introduction
I just read a "Green Daily" newsletter, which is something I usually skip. However, Bloomberg's title caught my attention, as the website wrote "American Exceptionalism, Now With More Oil."
Despite plans from many environmentalists and politicians like
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