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Another Permian Giant May Be Forced To Consolidate Or Die

May 3, 2021 by

The three-month chart for Diamondback Energy, (NASDAQ: FANG) tells a pretty grim tale of capital destruction. One thing that intrigues us at this moment in time is the dividend, currently yielding ~near 5%. A tempting target, but does it a sense of security with reliable income, or is it a warning signal that the yield could go higher?

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