Barclays Lifts PT on Diamondback Energy (FANG) to $190 From $185 – Here’s Why

1 week ago 8

Noor Ul Ain Rehman

Sun, March 15, 2026 astatine 1:49 PM CDT 2 min read

Diamondback Energy, Inc. (NASDAQ:FANG) is 1 of the astir undervalued vigor stocks to bargain now. Barclays lifted the terms people connected Diamondback Energy, Inc. (NASDAQ:FANG) to $190 from $185 connected March 13, maintaining an Overweight standing connected the shares and telling investors successful a probe enactment that it raised 2026 lipid terms estimates owed to the Iran war. It believes that currency travel tailwinds for the exploration and accumulation radical are continuing to stay underappreciated, and portion the lipid spike is “unlikely to past for long”, the steadfast believes that the marketplace is underappreciating the currency travel benefit, arsenic good arsenic the “durable benefit” it volition person connected the group’s capableness to rise currency returns beyond the conflict.

Benchmark Downgrades Diamondback Energy (FANG) Following “Unremarkable” Q4 Results

Diamondback Energy, Inc. (NASDAQ:FANG) besides received a standing update from Piper Sandler connected March 12. The steadfast lifted the terms people connected the banal to $248 from $215 and maintained an Overweight standing connected the shares. It cited its accrued terms platform for the people bump and lifted its mid-cycle crude terms forecast to $75 per tube from $70 amid the Iran war. Piper anticipates lasting proviso impacts and stated that higher prices are required to incentivize concern successful production.

Diamondback Energy, Inc. (NASDAQ:FANG) is an autarkic lipid and earthy state institution that is progressive successful the development, acquisition, exploration, and exploitation of unconventional, onshore lipid and earthy state reserves. The company’s operations are divided into the Upstream and Midstream Services segments.

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