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What's the Deal With Diamondback Energy Stock Right Now?

The Motley Fool Logo The Motley Fool By Matt Dilallo
What's the Deal With Diamondback Energy Stock Right Now?

Diamondback Energy's stock is down 14% this year due to lower oil prices, but the company remains financially strong with increased production, strategic asset sales, and a low breakeven point for oil production.

Insights
FANG   neutral

Despite stock price decline, the company has strong financial discipline, increased production by 8%, boosted dividend by 11%, and has a low breakeven point of $37 per barrel, allowing it to weather current market challenges