Diamondback Energy Inc. (NASDAQ: FANG) Making Surprising Moves in Monday Session

Diamondback Energy, Inc. (NASDAQ: FANG) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 9.79% on the day to $166.6.

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico.

So far today, approximately 3.72M shares of Diamondback Energy, Inc. have been exchanged, as compared to an average 30-day volume of 1.48M shares.

Diamondback Energy, Inc. share prices have moved between a 52-week high of $171.4 and a 52-week low of $119.01. The stock has moved -0.16% over the past week.

To learn more about Diamondback Energy, Inc., visit the company’s website at https://www.diamondbackenergy.com.

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