Viper Energy (VNOM) Stock Price, News & Analysis

$37.25
-0.54 (-1.43%)
(As of 05/13/2024 ET)
Today's Range
$37.05
$37.98
50-Day Range
$35.00
$40.80
52-Week Range
$24.48
$41.22
Volume
591,793 shs
Average Volume
932,104 shs
Market Capitalization
$6.59 billion
P/E Ratio
13.69
Dividend Yield
2.90%
Price Target
$41.29

Viper Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.8% Upside
$41.29 Price Target
Short Interest
Healthy
1.10% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.10mentions of Viper Energy in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.62%
From $1.85 to $1.82 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.35 out of 5 stars

Oils/Energy Sector

177th out of 242 stocks

Crude Petroleum & Natural Gas Industry

62nd out of 78 stocks

VNOM stock logo

About Viper Energy Stock (NASDAQ:VNOM)

Viper Energy, Inc. owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America. Viper Energy Partners GP LLC operates as the general partner of the company. The company was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc. in November 2023. The company was founded in 2013 and is based in Midland, Texas. Viper Energy, Inc. is a subsidiary of Diamondback Energy, Inc.

VNOM Stock Price History

VNOM Stock News Headlines

VNOM Viper Energy, Inc.
Q1 2024 Viper Energy Inc Earnings Call
Viper Energy Q1 2024 Earnings Preview
Piper Sandler Reaffirms Their Buy Rating on Viper Energy (VNOM)
Breaking Down Viper Energy: 4 Analysts Share Their Views
VNOM Jun 2024 42.000 call
VNOM Dec 2024 42.000 call
VNOM Apr 2024 32.000 put
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Ex-Dividend for 3/12 Dividend
3/04/2024
Dividend Payable
3/12/2024
Today
5/13/2024
Ex-Dividend for 5/22 Dividend
5/14/2024
Dividend Payable
5/22/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NASDAQ:VNOM
Fax
N/A
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.29
High Stock Price Target
$53.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+10.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$200.09 million
Pretax Margin
65.00%

Debt

Sales & Book Value

Annual Sales
$863.47 million
Cash Flow
$1.96 per share
Book Value
$16.16 per share

Miscellaneous

Free Float
176,323,000
Market Cap
$6.59 billion
Optionable
Optionable
Beta
1.78
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Key Executives

  • Mr. Travis D. Stice (Age 62)
    CEO & Director of Viper Energy Partners GP LLC
  • Mr. Matthew Kaes Van't Hof (Age 37)
    President & Director of Viper Energy Partners GP LLC
  • Ms. Teresa L. Dick (Age 54)
    Executive VP, CFO & Assistant Secretary of Viper Energy Partners GP LLC
  • Mr. Adam T. Lawlis
    Vice President of Investor Relations of Viper Energy Partners GP LLC
  • Mr. Matt ZmigroskyMr. Matt Zmigrosky (Age 45)
    Executive VP, General Counsel & Secretary of Viper Energy Partners GP LLC
  • Mr. Al Barkmann (Age 43)
    Executive VP & Chief Engineer of Viper Energy Partners GP LLC

VNOM Stock Analysis - Frequently Asked Questions

Should I buy or sell Viper Energy stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Viper Energy in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" VNOM shares.
View VNOM analyst ratings
or view top-rated stocks.

What is Viper Energy's stock price target for 2024?

7 brokers have issued 12 month price targets for Viper Energy's stock. Their VNOM share price targets range from $33.00 to $53.00. On average, they predict the company's share price to reach $41.29 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for VNOM
or view top-rated stocks among Wall Street analysts.

How have VNOM shares performed in 2024?

Viper Energy's stock was trading at $31.38 at the beginning of 2024. Since then, VNOM stock has increased by 18.7% and is now trading at $37.25.
View the best growth stocks for 2024 here
.

When is Viper Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our VNOM earnings forecast
.

How were Viper Energy's earnings last quarter?

Viper Energy, Inc. (NASDAQ:VNOM) announced its quarterly earnings results on Tuesday, February, 20th. The oil and gas producer reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.20. The oil and gas producer had revenue of $204.70 million for the quarter, compared to analyst estimates of $204.61 million. Viper Energy had a net margin of 24.24% and a trailing twelve-month return on equity of 8.10%. The firm's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the business posted $0.28 earnings per share.

How often does Viper Energy pay dividends? What is the dividend yield for Viper Energy?

Viper Energy declared a None dividend on Tuesday, April 30th. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.59 per share on Wednesday, May 22nd. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, May 14th. This is an increase from the stock's previous None dividend of $0.56.
Read our dividend analysis for VNOM
.

Is Viper Energy a good dividend stock?

Viper Energy (NASDAQ:VNOM) pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.86%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VNOM will have a dividend payout ratio of 59.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VNOM.

What other stocks do shareholders of Viper Energy own?
Who are Viper Energy's major shareholders?

Viper Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.80%), Scout Investments Inc. (1.09%), Heartland Advisors Inc. (0.28%), Allspring Global Investments Holdings LLC (0.20%), Allspring Global Investments Holdings LLC (0.20%) and CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.16%). Insiders that own company stock include Bx Guidon Topco Llc, Frank C Hu, Holdings LP Blackstone III, Matt Zmigrosky, Royalty & Mineral Mast Warwick, Spencer D Armour III and Steven E West.
View institutional ownership trends
.

How do I buy shares of Viper Energy?

Shares of VNOM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VNOM) was last updated on 5/13/2024 by MarketBeat.com Staff

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