RTLR - Diamondback Energy: Well-Positioned To Ride Out The Current Pricing Environment
Diamondback Energy (FANG) is a good-sized independent oil and gas exploration and production company operating primarily in the Permian basin. The company focuses on the development of the various shale plays throughout the basin, which has allowed the company to deliver a significant amount of growth over the years. The company has, however, been significantly affected by the outbreak of the COVID-19 pandemic just like every other energy company has and this is reflected in its recent stock price performance. There may be some reason to believe that the worst could be behind