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DIAMONDBACK ENERGY INC USD0.01DIAMONDBACK ENERGY INC USD0.01DIAMONDBACK ENERGY INC USD0.01

DIAMONDBACK ENERGY INC USD0.01

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0AD6 trade ideas

Finishing the Ride Down... Strap up!!!As I've viewed NASDAQ:FANG , I noticed a Bullish Trading Channel that started in Sep 2021 and noted that on the chart... however, while still in this Bullish Channel, there appears to be a Bearish Trading Channel that started forming in Jul 2024. With that being said, along with what I've documented on the chart, I see more downside potential. My 2 cents for a case of short term continued downside is as follows: NASDAQ:FANG recently broke support on the daily after multiple touch points. I did not highlight those touch points but you can clearly see on the chart where 167.67 provided support, which just closed below that level. My favorite assertion is the last 3 closings for their earnings reports has given way to an additional 12-15 points more to the downside, roughly 4 weeks after the earnings report was released. Furthermore, this last earnings report saw a 24 point move to the downside in 6 weeks after earnings. That Dec 2024 low was followed by a bounce of almost 19 points upward until it started its' decline again, which we are currently in heading towards the next earnings report on 2/24/25. I am looking at the following short term plays: Both the 155 Put and 153.56 Put expiring 3/21/24 Again, as I've said before... I am not a financial guru and definitely not a financial advisor (yet) but I will share with you my claims regarding what price action I see. I'd suggest you complete your own Due Diligence and not jump into mine or anyone else's advice without diving into some analysis yourself. Last and definitely the most important part... Take Profits, Take Profits, Take Profits!!! I cannot stress that enough. Good luck on your trading journey!
NASDAQ:FANGShort
by FliCityOptions
2
$FANG Point of interest identified on the weekly chart for FANG. For more Info: x.com The $150 price level had held and looks to be respecting the AVWAP from Oct 2022 with confirmed bullish price action I will be building a long term position in the company. Fundamentals Diamondback Energy has solidified its position as a leading independent oil and gas producer in the Permian Basin, holding net proven reserves of 2.2 billion barrels of oil equivalent and achieving an average production rate of approximately 448,000 barrels per day in 2023. The company's focus on maintaining a low-cost structure and generating growing free cash flow has enabled it to enhance its base dividend, reduce debt, and support ongoing production growth. Additionally, the strategic commitment to expanded transportation capacity and the synergistic relationship with its subsidiary, Viper Energy Partners, further underpin Diamondback's strong financial outlook and growth potential within the sector. Analyst Outlook Strong Buy 44% Buy 46% Hold 10% Source: Public.com Company Information Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX
NASDAQ:FANGLong
by Niqolus
Easy idea on FANG for 10% returns 🟢 Easy idea on FANG for 10% returns NASDAQ:FANG is offering today a 10% returns opportunity risking just 2,5% in the deal. Furthermore, FANG has multiple patterns supporting this. As a bonus point, I will explain how to do this trade RISK-FREE. ✅ What pattern is unfolding in FANG? FANG has broken a minor blue trendline meaning that the price should fall at least until the first serious support (the red line). If this red line is also broken, we have a potential 10% decline. 💰 How to trade this chart pattern? Selling when the blue line is broken is the most optimal idea. To be sure that I do not fail, I will split my position in 2 take profits, so at least I can pay my stop loss and enter a risk-free trade. 🛡️ The risk management strategy As we have done in so many previous ideas, remember you can split the position in 2. - 50% of the position in a take profits, at least, as large as your stop loss (adapt SL and this 1st TP to local supports/resistance levels). In this case, a 3% TP for 2,5% SL (see the chart) - 50% of the position to a price as large as the previous pattern, which would mean a profit of 10%. ✴️ ENJOY AND FOLLOW for more 😊
NASDAQ:FANGLong
by TopChartPatterns
2
Next week analysis: FANG & Energy Sector up? Hello everybody, thank you for checking out my trade idea and rundown of the stock market from last week. My analysis here covers the broad stock market, the energy sector, money inflow to small caps, and a potential trade setup in FANG, XLE, or ERX for next week. Please let me know if you have any questions about entries when to enter how to enter how to exit how to scale out or if you have any questions about the indicators I use or the indicators I don't use. I like to keep things simple; most indicators are derived from the price and volume, so I don't need to use indicators to tell what's going on. Have a great trading week and good luck.
NASDAQ:FANGLong
by PappyTrading
Diamondback and Endeavor Forge $50 Billion Powerhouse In a seismic shift within the energy sector, two major players in the U.S. shale oil industry, Diamondback Energy ( NASDAQ:FANG ) and Endeavor Energy Resources, are on the brink of sealing a historic deal worth a staggering $25 billion in cash and stock. Sources close to the negotiations reveal that this landmark agreement is poised to create a behemoth valued at over $50 billion, positioning it as the largest, pure-play oil producer in the prolific Permian shale field. The proposed merger, which could be announced as early as Monday, underscores a strategic move by Diamondback ( NASDAQ:FANG ) and Endeavor to consolidate their strengths and capitalize on synergies in a fiercely competitive market. With Diamondback's shareholders expected to hold the majority stake in the combined entity, the newly formed company is set to dominate the Permian landscape, surpassing even industry giants like Exxon Mobil and Chevron. Dan Pickering, Chief Investment Officer of Pickering Energy Partners, describes the impending merger as a "layup" due to the natural fit and acreage overlap between the two entities. This sentiment is echoed by industry analysts who anticipate that the deal will not only enhance operational efficiencies but also exert pressure on remaining players in the Permian basin to explore similar consolidation strategies. The consolidation trend within the Permian basin reflects a broader push among oil producers to secure future drilling inventory and optimize output amidst evolving market dynamics. Andrew Dittmar, Senior Vice President at data analytics firm Enverus, observes that while future deals may not match the magnitude of recent transactions, the Diamondback-Endeavor merger is poised to set a new benchmark for industry consolidation. Autry Stephens, founder of Endeavor Energy Resources, is expected to retain a significant role in the merged entity, underscoring the deep-rooted legacy of the company he built over four decades. Endeavor's formidable operations spanning 350,000 acres in the Midland portion of the Permian Basin reflect Stephens' astute strategy of acquiring undervalued assets and leveraging innovative technologies to drive profitability. The impending merger between Diamondback ( NASDAQ:FANG ) and Endeavor represents a pivotal moment in the oil industry, signaling a paradigm shift towards consolidation and collaboration in the pursuit of sustainable growth and operational excellence. As investors eagerly await the market's response to this transformative deal, all eyes are on Wall Street to gauge the resonance of this monumental merger within the energy sector and beyond.
NASDAQ:FANG
by DEXWireNews
SYMMETRICAL TRIANGLEEarnings beat yesterday yet FANG went diving today. Very long tail on today's candle but it found support in a recent gap. Loose symmetrical triangle noted. Support line blue versus green due the piercing on the line today. Price is within the structure again at close. No recommendation. Diving Dojis can spell trouble, but not always. Probable Bearish RSI diversion denoted with orange dashed line. Price fell from a bearish rising wedge a few weeks ago. If you look at a chart 2 or 3 times and see nothing you recognize, it is often best to move on to another chart (o:
NASDAQ:FANG
by lauralea
FANG approaching resistanceDiamondback Energy Inc. (FANG) presently testing channel resistance, able to contain weekly buying pressures. From here, (FANG) can fall to recent support, eliciting losses of 15% over the following 1 - 2 months. A settlement below this key support would ignite further losses where (FANG) can fall 20 - 30% over the following 2 - 3 months. Inversely, a weekly settlement above channel resistance would put (FANG) into a buy signal where gains of 30% can be expected over the next 3 - 5 months.
NASDAQ:FANG
by SpecialeAnalysis
Earnings watch 11/7Earnings watch 11/7: FANG TRIP KOS LYFT BRK.B BNTX ATVI PLTR SEDG CLOV Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
NASDAQ:FANG
by Options360