RTLR - Diamondback Energy: Not A Free Pass After All
Courtesy: Diamondback CNBC
Investment Thesis
The Midland, TX-based Diamondback Energy (FANG) is a large-cap Permian pure-play E&P. It is for that reason that it is interesting to analyze how the company is faring financially in this environment of low commodity prices.
The investment thesis attached to this type of company is quite complicated. Of course, FANG offers a strong case of long-term potential, and a long-term investment could be logically considered viable.
However, many financial red-flags have been raised that are highlighting the risk involved in such a long-term decision. Hence, I believe