12:55 PM EDT, 08/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our 12-month target of $181, cut $15, reflects a combination of enterprise value to EBITDA model ($158/share estimated value), DCF model ($192/share) and NAV model ($194/share) analyses. We cut our 2025 EPS estimate by $0.61 to $13.26 and 2026's by $0.93 to $15.75. In our view, FANG continues to be a high-quality operator in the Permian Basin, and we note that cash operating expenses averaged just over $10/boe in the second quarter, a sequential drop of 3.6%, and a Y/Y drop of 13.5%. FANG has about $1.3 billion in debt milestones looming in 2027, a function of the April 2025 Double Eagle acquisition, but we estimate nearly $10 billion in free cash flow from 2025 to 2026. As a result, we think FANG should have the largesse it needs to manage the debt. FANG telegraphed a more conservative strategy on capital allocation in the near term, which we think reflects general industry caution over the path of crude oil prices. We think such prices will hold up decently in 2026.