Why These 5 Stocks Are on the Move on Friday

4. Diamondback Energy, Inc. (NASDAQ:FANG) is up around 2.4% due to WTI futures rising on Friday as well. This month, Diamondback Energy, Inc. (NASDAQ:FANG) announced it has accelerated its plans to return 50% of free cash flow to stockholders to the fourth quarter of 2021. If WTI prices are higher, Diamondback Energy, Inc. (NASDAQ:FANG)’s free cash flow could potentially increase. Of the around 873 elite funds in our database, 38 were long Diamondback Energy, Inc. (NASDAQ:FANG) at the end of the second quarter.