Trade Diamondback Energy, Inc. - FANG CFD

Trading Conditions

• Type: CFD
• Spread: 0.15
• Long position overnight funding adjustment: -0.02149%
• Short position overnight funding adjustment: -0.00074%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 190.09
• Open: 192.85
• 1-Year Change: 22.43%
• Day's Range: 190.98 - 194.36

What is Diamondback (FANG)?

Diamondback Energy, Inc. is an American company engaged in the exploration, development, and production of oil and natural gas resources. The company primarily operates in the Permian Basin, a prolific oil-producing region in West Texas and southeastern New Mexico. Diamondback Energy focuses on unconventional resource plays, utilizing horizontal drilling and hydraulic fracturing techniques to extract hydrocarbons from shale formations. The company’s operations encompass various stages of the oil and gas value chain, including drilling, completion, and production activities. Diamondback Energy has positioned itself as a significant independent energy producer with a portfolio of assets concentrated in a key U.S. oil-producing region. The company’s business strategy emphasizes operational efficiency, cost management, and capital discipline to enhance resource recovery and financial performance. Diamondback Energy also engages in midstream activities to support its upstream operations, including gathering and transportation of produced hydrocarbons. The company operates within the broader energy sector, contributing to domestic oil and gas supply.

Diamondback Stock Price Today: Live Overview

The price today is shaped by current market conditions with Diamondback at $192.64. Its trading range today lies between $189.95 and $194.58, indicating a daily change of 0%.

FAQ: Diamondback (FANG)

What is the current price of FANG stock?

The current price stands at $192.64.

Does FANG pay dividends?

Dividends are paid by the company via cash distributions (if applicable).

Does FANG have a formal corporate presence or regional headquarters in the UAE?

Diamondback operates in the UAE only through partners and distributors without an official regional office or subsidiary.

What is FANG best known for?

Diamondback is most famous for its exploration and production of oil and natural gas.

What assets are typically shown together with FANG?

Commonly shown alongside FANG: Murphy, Capricorn Energy, Harbour Energy plc