Diamondback Energy Inc. Stock Underperforms Wednesday When Compared To Competitors

Universal Health Realty Income Trust

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Company profile

Universal Health Realty Income Trust is a real estate investment trust. The Company invests in health care and human service related facilities, including acute care hospitals, behavioral health care hospitals, specialty facilities, free-standing emergency departments, childcare centers, and medical/office buildings. The Company’s portfolio consists of approximately 75 real estate investments or commitments located in approximately 21 states in the United States consisting of approximately six hospital facilities, including three acute care and three behavioral health care; approximately fifty-eight medical/office buildings; approximately four free-standing emergency departments; and approximately four preschool and childcare centers, and approximately three specialty facilities. The Company’s portfolio includes McAllen Medical Center, Wellington Regional Medical Center, Canyon Creek Behavioral Health and Clive Behavioral Health Hospital.

Diamondback Energy Inc. Stock Underperforms Wednesday When Compared To Competitors

4:53 pm ET November 23, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Diamondback Energy Inc. (FANG) slipped 0.96% to $149.99 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. Diamondback Energy Inc. closed $18.96 short of its 52-week high ($168.95), which the company achieved on November 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Pioneer Natural Resources Co. (PXD) rose 1.31% to $254.37, Occidental Petroleum Corp. (OXY) fell 2.27% to $71.12, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.3 M) remained 195,555 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.

(END) Dow Jones Newswires

November 23, 2022 16:53 ET (21:53 GMT)