Sterne Agee Maintains Neutral Rating on Diamondback Energy Citing Viability of Five Rig Program
July 08, 2013 at 13:00 PM EDT
In a report published on Monday, Sterne Agee analyst Tim Rezvan maintained a Neutral rating on Diamondback Energy (NASDAQ: FANG ). In the report, Sterne Agee noted, "We believe the company's recently upsized $180 million credit facility (paid down with proceeds from their May equity issuance) and our estimate of
