Diamondback Energy Q3 2024 EPS Estimate Raised Amid Strong Financial Performance

In a recent research note, Zacks Research has revised its earnings per share (EPS) estimate for Diamondback Energy, Inc. (NASDAQ: FANG) for Q3 2024, raising it from $4.10 to $4.14. This adjustment comes as the company continues to demonstrate strong financial performance, with solid returns and increased revenue growth, reinforcing investor confidence in its future prospects.

read more

Chevron Stock: Analysts Reiterate Buy Ratings Despite Insider Selling Trends

The bullish ratings from Mizuho Securities and RBC Capital reflect confidence in Chevron’s strategic initiatives, robust operational performance, particularly in the Permian region, and commitment to shareholder returns. Mizuho Securities’ Nitin Kumar, CFA, emphasized Chevron’s production growth, strategic project advancements, and cost management as key drivers for his Buy rating and $205 valuation.

read more

Is Apache Corp a good investment

Scotiabank reaffirmed its Sector Perform rating on Apache Corp (NASDAQ) with a price target of $30.00 after reviewing Apache’s latest quarterly information. Apache’s adjusted EPS and CFPS are projected at $0.93 and $2.99, respectively. The company reported higher-than-expected dry hole expenses and favorable outcomes in Egypt, with tax barrels surpassing…

read more