Page 6 - Bone Spring News Today

Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.

Outlook Wealth Advisors LLC bought a new stake in Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,331 shares of the oil and natural gas company’s stock, valued at approximately $462,000. Several other hedge funds and […]

Bailard Inc. boosted its holdings in shares of Matador Resources (NYSE:MTDR – Free Report) by 6.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,892 shares of the energy company’s stock after acquiring an additional 392 shares during the quarter. Bailard Inc.’s holdings in […]

Bailard Inc. boosted its stake in Matador Resources (NYSE:MTDR – Free Report) by 6.0% in the fourth quarter, HoldingsChannel reports. The firm owned 6,892 shares of the energy company’s stock after acquiring an additional 392 shares during the period. Bailard Inc.’s holdings in Matador Resources were worth $392,000 at the end of the most recent […]

Diamondback Energy (NASDAQ:FANG – Free Report) had its price target increased by Stifel Nicolaus from $224.00 to $229.00 in a report released on Tuesday, Benzinga reports. They currently have a buy rating on the oil and natural gas company’s stock. A number of other research firms have also recently weighed in on FANG. Bank of […]

Consolidated Planning Corp acquired a new stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,723 shares of the oil and natural gas company’s stock, valued at approximately […]

California Public Employees Retirement System reduced its stake in Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) by 3.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 327,266 shares of the oil and natural gas company’s stock after selling 11,978 shares during the quarter. California […]

Matador Resources (NYSE:MTDR – Get Free Report) had its target price raised by investment analysts at Truist Financial from $85.00 to $87.00 in a research report issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the energy company’s stock. Truist Financial’s price objective would indicate a potential upside of 33.19% from […]

Yacktman Asset Management LP boosted its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) by 4.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,520,447 shares of the oil and natural gas company’s stock after acquiring an additional 65,524 shares […]

Matador Resources (NYSE:MTDR – Get Free Report) announced its quarterly earnings data on Tuesday. The energy company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.32, Briefing.com reports. Matador Resources had a net margin of 28.89% and a return on equity of 20.62%. The company had revenue of $787.70 million […]