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Diamondback Energy Inc. stock rose 1.54% to $158.38 on Wednesday but underperformed compared to competitors like EOG Resources, Devon Energy, and Occidental Petroleum. Despite gains, it remains 12.45% below its 52-week high. Trading volume was slightly below the 50-day average.
Central US day-ahead peak power prices rose on Dec. 3 due to expected demand increases. PJM Interconnection hubs saw significant price hikes, with AEP Dayton Hub rising by $13.75 to $69.25/MWh and West Hub increasing by over $7.25 to $76.25/MWh. SPP North Hub spiked nearly $40 to $60/MWh, driven by a forecasted 3.6% increase in peakload and a drop in wind generation. MISO's Indiana Hub also saw a rise of over $11.75 to $68.75/MWh. Weather forecasts indicate colder temperatures, impacting demand and renewable energy generation.
SGF FANG Holdings, LP has reported the disposal of 2,000,000 common shares of Diamondback Energy Inc. (FANG), as per a recent SEC filing. The filing includes SGF FANG Holdings, LP and other beneficial owners. This information was published by Diamondback Energy Inc. via the SEC's EDGAR system on December 02, 2025.
Shares of American Electric Power Co. Inc. (AEP) fell 1.06% to $119.23 on Tuesday, underperforming compared to competitors. This marked the second consecutive day of losses for AEP, closing 4.46% below its 52-week high. Trading volume was 710,331 below its 50-day average. In contrast, the S&P 500 Index and Dow Jones Industrial Average both saw gains.
Morgan Stanley has adjusted its price outlook for American Electric Power (AEP) after a thorough review of the company's performance. The firm maintained its "Equal-Weight" rating on AEP shares while slightly reducing the price target. This revision reflects an updated valuation based on recent financial activities and future projections for the utility company.