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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Diamondback Energy Extends Credit Agreement and Raises Dividend

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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79% Informative

Diamondback Energy, Inc. (NASDAQ:FANG) has announced an extension to its credit agreement on Thursday .

The company’s existing credit facility had a maturity date of June 2, 2028 .

With the interest rates and certain fees reduced, the maturity date has been postponed to June 12, 2030 .

Wells Fargo reiterated their Buy rating for the stock on June 16, 2025 , with a price target of $ 208 .

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75

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70

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70

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formal

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English

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