Goldman Sachs Adjusts Price Target on Diamondback Energy
Goldman Sachs has updated its price target for Diamondback Energy, raising it from $215 to $235.
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Filed: 2026-10-08 AccNo: 0001539838-26-000177 Size: 199 KB Item 2.02: Results of Operations and Financial Condition
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Goldman Sachs has updated its price target for Diamondback Energy, raising it from $215 to $235.
With crude oil prices surging 77-80% year-to-date due to geopolitical tensions in the Middle East, five major oil exploration and production companies are recommended as strong investment opportunities. Chevron, ExxonMobil, EOG Resources, Diamondback Energy, and ConocoPhillips are highlighted for their record production, operational efficiency, low-cost assets, and strong cash flow generation.
Diamondback Energy is getting close to the $210 level where shares have found resistance six times in the past few months.