NasdaqGS:FANGOil and Gas
Diamondback Insider Sales Near Highs Versus Valuation And Analyst Targets
Several Diamondback Energy (NasdaqGS:FANG) executives, including the CEO, recently recorded sizeable insider stock sales.
The transactions occurred shortly before the company’s shares reached a 52 week high.
The sales followed a large secondary offering by a major shareholder, adding to the volume of FANG stock changing hands.
Diamondback Energy focuses on oil and gas exploration and production in the Permian Basin, a key region for US shale output. The sector continues to be influenced by...