FANG beat on earnings and has been a big gainer on the year. I'm looking for this to hold into the day and if it does I will likely open a position near the close (I want to make sure it holds up). I like how it's currently breaking above the short down trend line and the oilers are hot right now. Ideas, not investing / trading advice.
from earningswhispers.com
Diamondback Energy Beats
Diamondback Energy (FANG) reported 1st Quarter March 2021 earnings of $2.30 per share on revenue of $1.2 billion. The consensus earnings estimate was $1.73 per share on revenue of $976.9 million. The Earnings Whisper number was $1.94 per share. Revenue grew 31.7% on a year-over-year basis.
Diamondback Energy Inc is an independent oil and natural gas company. It is currently engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.