Diamondback Energy, Inc. (FANG) Expects the Growth of U.S. Crude Production to Stagnate; Bernstein SoGen Group Reiterates Its Outperform Rating and $192 Price Target
The CEO of Diamondback Energy, Inc. (NASDAQ:FANG) issued a warning on October 1 that if oil prices stay close to $60 per barrel, the growth of U.S. crude production will stagnate.