Tag Archives: but it will survive

On Feb. 18, Midland oil producer Diamondback Energy held a bullish briefing for stock analysts. The company had good news about its 2019 performance — more production and cash flow this year. On that day, the price of a barrel of West Texas Intermediate crude was $53.50. Diamondback shares were trading at $74.56. Today, the reality is quite different. The …

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