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FANG: What happens if they buy Silver Hill package

Posted: Mon Oct 03, 2016 2:01 pm
by dan_s
WSJ reports FANG nearing a deal to acquire Silver Hill for $2.5 billion. The reception of such a deal would largely depend on whether it is accretive and the pro forma growth outlook.

I received a research report from Morgan Stanley this morning on Diamondback Energy (FANG) which MS rates as OVERWEIGHT with a price target of $135.00. The report focuses on what the acquisition of Silver Hills would do for FANG.

If you'd like to see the report, send me an e-mail and I will forward it to you.