jaxdog

$FANG Energy Name Breaking Out?

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NASDAQ:FANG   Diamondback Energy, Inc.
$FANG beat on earnings and has been a big gainer on the year. I'm looking for this to hold into the day and if it does I will likely open a position near the close (I want to make sure it holds up). I like how it's currently breaking above the short down trend line and the oilers are hot right now. Ideas, not investing / trading advice.

from earningswhispers.com

Diamondback Energy Beats

Diamondback Energy (FANG) reported 1st Quarter March 2021 earnings of $2.30 per share on revenue of $1.2 billion. The consensus earnings estimate was $1.73 per share on revenue of $976.9 million. The Earnings Whisper number was $1.94 per share. Revenue grew 31.7% on a year-over-year basis.

Diamondback Energy Inc is an independent oil and natural gas company. It is currently engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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