Diamondback Energy Inc. Stock Rises Monday, Outperforms Market
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Shares of Diamondback Energy Inc. (FANG) rallied 1.39% to $144.36 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.31% to 3,982.24 and the Dow Jones Industrial Average rising 0.22% to 32,889.09. This was the stock's fourth consecutive day of gains. Diamondback Energy Inc. closed $24.59 below its 52-week high ($168.95), which the company reached on November 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as EOG Resources Inc. (EOG) rose 0.43% to $114.75, Pioneer Natural Resources Co. (PXD) rose 2.75% to $201.97, and Devon Energy Corp. (DVN) fell 0.87% to $54.52. Trading volume (2.3 M) remained 216,613 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2023.
(END) Dow Jones Newswires
February 27, 2023 16:54 ET (21:54 GMT)
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