- Diamondback Energy is one of the largest and most prolific independent operators in the resource-rich Permian Basin.
- The company boasts substantial reserves that position it quite well for long-term operations.
- The company has been focusing its attention on maximizing its free cash flow, and this has allowed it to provide considerable rewards for its shareholders.
- The company boasts a very strong balance sheet without a large amount of debt.
- The stock appears to be substantially undervalued relative to the company's forward EPS growth.
For further details see:
Diamondback Energy: Profiting Off High Oil Prices But Still Remarkably Undervalued