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Why Diamondback Energy Shares Surged 17% in January

TheMotleyFool

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Why Diamondback Energy Shares Surged 17% in January

Shares of Diamondback Energy (NASDAQ: FANG) rose 17% in January, according to data from S&P Global Market Intelligence.

Diamondback doesn't report fourth-quarter earnings until Feb. 23, so the move in the stock price likely mirrored the rise in oil prices to start 2022.

Image source: Getty Images.

Source Fool.com

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