Diamondback Eyes Natural Gas to Generate Power in Oil Patch [BNN Bloomberg (Canada)]
Oklo Inc. Class A common stock (OKLO)
Company Research
Source: BNN Bloomberg
Permian producers have increasingly shifted operations from diesel generators to electricity supplied by the local power grid. But the Texas grid can be unreliable at times, especially in remote parts of the oil patch. “Texas is in a bind,” Diamondback Chief Executive Officer Travis Stice said Tuesday at the Pickering Energy Partners investor conference in Austin. “What we're trying to think about is how can we solve some of the electrification demands that our investors have placed on us.” The Midland, Texas-based company, which recently finalized its acquisition of Endeavor Energy, has also signed a nonbinding letter of intent with nuclear power developer Oklo Inc. to deploy small reactors for some of its future electricity needs. When asked if Diamondback was interested in developing its own gas-fired power plants, Stice demurred. “I don't think you'd ever see Diamondback saying, ‘OK, we're going to go build one,' ” he said. “But is it possible we participate with our bala
Show less
Read more
Impact Snapshot
Event Time:
OKLO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OKLO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OKLO alerts
High impacting Oklo Inc. Class A common stock news events
Weekly update
A roundup of the hottest topics
OKLO
News
- Oklo Finalizes Agreement with the Department of Energy to Advance to the Next Phase of Siting [Yahoo! Finance]Yahoo! Finance
- Oklo Finalizes Agreement with the Department of Energy to Advance to the Next Phase of SitingBusiness Wire
- Oklo Inc. (NYSE: OKLO) had its price target lowered by analysts at Citigroup Inc. from $11.00 to $10.00. They now have a "neutral" rating on the stock.MarketBeat
- Oklo Inc. (NYSE: OKLO) is now covered by analysts at B. Riley. They set a "buy" rating and a $10.00 price target on the stock.MarketBeat
- Diamondback Eyes Natural Gas to Generate Power in Oil Patch [Yahoo! Finance]Yahoo! Finance
OKLO
Sec Filings
- 9/19/24 - Form EFFECT
- 9/18/24 - Form 424B3
- 8/30/24 - Form S-1/A
- OKLO's page on the SEC website