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Is Diamondback Energy Stock a Buy?

Is Diamondback Energy Stock a Buy?

The Permian Basin-focused oil company has produced a more than 260% total return since its initial public offering in late 2012. What makes its outperformance even more impressive is that Diamondback has done it during a period when crude prices in the U.S. have lost roughly half their value. Given that, here's a look at the bull and bear case of whether Diamondback Energy can continue outperforming from here.