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home / news releases / FANG - Continental Resources And Diamondback Energy: Frackers Caught Between A Rock And A Hard Place


FANG - Continental Resources And Diamondback Energy: Frackers Caught Between A Rock And A Hard Place

  • Frackers like Continental Resources and Diamondback Energy have recently shown significant capital restraint to avoid the mistakes of the past.
  • Russia is the third largest producer of oil in the world, producing over 10 million barrels of oil a day and supply disruptions could push oil prices even higher.
  • Frackers might be pressured into increasing their production but the silver lining is that they might do so at a time when production costs are well below oil prices.

For further details see:

Continental Resources And Diamondback Energy: Frackers Caught Between A Rock And A Hard Place
Stock Information

Company Name: Diamondback Energy Inc.
Stock Symbol: FANG
Market: NASDAQ
Website: diamondbackenergy.com

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