The Exec. VP & Chief Engineer of Diamondback (FANG) is Selling Shares


Today, the Exec. VP & Chief Engineer of Diamondback (FANG), Russell Pantermuehl, sold shares of FANG for $560.9K.

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Based on Diamondback’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $864 million and quarterly net profit of $10 million. In comparison, last year the company earned revenue of $480 million and had a net profit of $163 million. FANG’s market cap is $18.73B and the company has a P/E ratio of 17.87. Currently, Diamondback has an average volume of 1.44M.

Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $161.56, reflecting a 48.4% upside.

The insider sentiment on Diamondback has been negative according to 54 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Russell Pantermuehl’s trades have generated a -3.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Diamondback Energy, Inc. is independent oil and natural gas company. The firm engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It focuses on the Permian Basin. The company was founded in December 2007 and is headquartered in Midland, TX.

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