Endeavor Group Holdings (EDR) News & Sentiment

Toronto, Ontario--(Newsfile Corp. - March 6, 2025) - Dan Dickson, the CEO of Endeavour Silver Corp. (TSX: EDR), along with the board and senior management, celebrated the company's 20th anniversary and 19 years on the Toronto Stock Exchange by opening the market with Dean McPherson, Head of Business Development for Global Mining at TSX. If you can't see this video, please let us know.

Diamondback Energy's acquisition of the private company Endeavor for $26 billion has almost doubled its market value to $46.4 billion. The leading oil producer in the Permian Basin offers a base dividend of 2.5% and has a history of buying back shares and occasionally providing extra variable dividends. Following the Endeavor merger, there have been changes in governance, including an expanded board, with insiders holding 36.1% of Diamondback's shares and restrictions on Endeavor owners transferring their stocks until March 2026.

Endeavor Group (EDR) reported a quarterly loss of $0.22 per share, which is lower than the Zacks Consensus Estimate of $0.36. In comparison, the company earned $0.16 per share during the same period last year.

Investors in Endeavor seem to think that Silver Lake will raise its offer, even though Silver Lake has stated that it believes the current price is fair and will not change it.

After the announcement of the $13 billion deal to take the company private in April 2024, TKO's stock price has jumped nearly 75%, reaching $156.

LOS ANGELES--(BUSINESS WIRE)--Endeavor Group Real Estate (EGRE), a real estate company from Wyoming, is urging all Californians affected by the recent fires to take action. It is estimated that over 50,000 people are looking for housing, as many homes have either been destroyed or are no longer livable. Richard Rubin, a Managing Partner at Endeavor and a local resident of LA, has a lot of experience in transforming vacant office buildings, shopping centers, and hotels into homes.

Diamondback Energy's latest purchase is intended to reduce production expenses and improve overall operations. The teamwork among management is anticipated to result in considerable savings and better efficiency. The company's breakeven price has decreased to $37 per barrel, making it one of the lowest in the upstream sector.

Viper Energy's most recent acquisition had a small impact in the third quarter, with the rest being finalized in the fourth quarter. The management noted that the latest distribution was 83% of the available cash, exceeding their target of 75%. Viper's dividend plan features a base dividend secured at WTI $30 per share, along with a variable dividend that depends on share buybacks.

On Monday, Endeavor Group announced that it will sell its OpenBet and IMG Arena businesses to a management-led team called OB Global, which is supported by Hollywood executive Ari Emanuel, for approximately $450 million.