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Posted by
Two Blokes Jun 13 -
Filed in
Stock
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Diamondback Energy, Inc. offers a unique hedge against Middle East geopolitical risks, with North American producers poised to benefit from potential supply disruptions. The recent Endeavor Energy merger increases FANG's debt, enhances its upside potential with higher oil prices, and strengthens its dominance among North American E&Ps. Low drilling activity, combined with a depleted US Strategic Petroleum Reserve, heightens the potential for a supply shock and significant oil price spike.