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Diamondback ( (FANG) ) has shared an update.
On June 12, 2025, Diamondback Energy, Inc. and Diamondback E&P LLC amended their Credit Agreement with Wells Fargo Bank, extending the maturity date to June 12, 2030, and reducing interest rates and certain fees. This amendment, which maintains other terms of the Credit Agreement, is expected to enhance the company’s financial flexibility and could positively impact its operations and stakeholder relations by lowering borrowing costs.
The most recent analyst rating on (FANG) stock is a Buy with a $231.00 price target. To see the full list of analyst forecasts on Diamondback stock, see the FANG Stock Forecast page.
Spark’s Take on FANG Stock
According to Spark, TipRanks’ AI Analyst, FANG is a Outperform.
Diamondback’s strong financial performance and attractive valuation are key strengths, offset by challenges in cash flow and production declines. Strategic moves, such as the Viper Energy merger, bolster its market position, while technical indicators suggest neutral momentum.
To see Spark’s full report on FANG stock, click here.
More about Diamondback
Diamondback Energy, Inc. operates in the energy sector, focusing on oil and natural gas exploration and production. The company is known for its operations in the Permian Basin, one of the most prolific oil-producing areas in the United States.
Average Trading Volume: 2,557,115
Technical Sentiment Signal: Hold
Current Market Cap: $42.53B
See more data about FANG stock on TipRanks’ Stock Analysis page.