Wells Fargo analyst Roger Read maintains $Diamondback Energy (FANG.US)$ with a buy rating, and adjusts the target price from $230 to $219.
According to TipRanks data, the analyst has a success rate of 54.2% and a total average return of 7.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Diamondback Energy (FANG.US)$'s main analysts recently are as follows:
Estimates for the exploration and production sector have been adjusted to reflect updated commodity price projections and investment perspectives. While maintaining long-term oil and gas price expectations at $80 for Brent and $3.50 for Henry Hub, it's suggested that if operational efficiency improvements continue and service costs decrease further, the exploration and production companies might uphold enhanced capital efficiency into 2025. This could potentially counterbalance the effects of resource maturity.
The outlook for Diamondback Energy acknowledges the potential for the energy sector to not fully participate in the broader market trends due to difficult fundamentals and anticipated challenges as we approach 2025. Despite the complexities, it's suggested that current market risks in the crude oil market may actually lean towards more positive outcomes. As the quarter concludes, anticipation builds for forthcoming updates that are expected to reveal short-term estimate revisions.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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富國集團分析師Roger Read維持$Diamondback Energy (FANG.US)$買入評級，並將目標價從230美元下調至219美元。
根據TipRanks數據顯示，該分析師近一年總勝率為54.2%，總平均回報率為7.4%。
此外，綜合報道，$Diamondback Energy (FANG.US)$近期主要分析師觀點如下：
勘探和生產部門的估計已修訂，以反映最新的大宗商品價格預測和投資前景。預計，如果運營效率持續提高，服務成本進一步下降，能源公司可以在2025年之前保持更高的資本效率。這種改善有可能抵消資源成熟度的影響。
Diamondback Energy的前景承認，隨着我們臨近2025年，由於基本面困難和預期的挑戰，能源行業可能無法完全參與更廣泛的市場趨勢。儘管很複雜，但有人認爲，原油市場當前的市場風險實際上可能傾向於更積極的結果。隨着本季度的結束，人們對即將發佈的更新的預期增強，預計這些更新將顯示短期估算的修訂。
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