Viper Energy Q3 EPS Forecast Increased by Zacks Research

Key Points

• Zacks Research raised Viper Energy’s Q3 2027 EPS forecast to $0.56 from $0.46, while maintaining a “Hold” rating. The firm also estimates $0.56 EPS for Q1 2028 and $0.54 for Q2 2028.
• Viper Energy’s latest quarterly results included $0.76 EPS, in line with consensus, and $677 million in revenue, above the $643.45 million estimate. Revenue increased 127.9% year over year.
• The stock opened at $44.71, while analysts collectively assign a “Moderate Buy” rating and a $56.93 consensus price target; institutional investors own 87.72% of outstanding shares.

Viper Energy Inc. (NASDAQ:VNOM - Free Report) - Equities research analysts at Zacks Research increased their Q3 2027 earnings per share estimates for shares of Viper Energy in a note issued to investors on Monday, August 24th. Zacks Research analyst Team now expects that the oil and gas producer will earn $0.56 per share for the quarter, up from their prior estimate of $0.46. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Viper Energy's current full-year earnings is $2.58 per share. Zacks Research also issued estimates for Viper Energy's Q1 2028 earnings at $0.56 EPS and Q2 2028 earnings at $0.54 EPS.

Viper Energy (NASDAQ:VNOM - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The oil and gas producer reported $0.76 earnings per share for the quarter, meeting analysts' consensus estimates of $0.76. Viper Energy had a return on equity of 3.43% and a net margin of 2.89%.The firm had revenue of $677.00 million for the quarter, compared to the consensus estimate of $643.45 million. During the same period in the previous year, the business earned $0.41 earnings per share. The company's revenue for the quarter was up 127.9% compared to the same quarter last year.

VNOM has been the topic of several other reports. Raymond James Financial set a $57.00 target price on shares of Viper Energy in a research report on Friday, July 31st. Mizuho cut their price target on shares of Viper Energy from $58.00 to $56.00 and set an "outperform" rating for the company in a report on Tuesday, August 4th. Roth Capital reiterated a "buy" rating on shares of Viper Energy in a research note on Tuesday, August 4th. TD Cowen reissued a "buy" rating on shares of Viper Energy in a report on Tuesday, August 4th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Viper Energy in a research report on Friday, July 17th. Sixteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Viper Energy presently has an average rating of "Moderate Buy" and a consensus target price of $56.93.

Viper Energy Trading Down 1.2%

NASDAQ:VNOM opened at $44.71 on Tuesday. Viper Energy has a 1 year low of $35.10 and a 1 year high of $51.13. The company has a debt-to-equity ratio of 0.16, a quick ratio of 6.37 and a current ratio of 6.37. The stock has a fifty day moving average price of $43.03 and a two-hundred day moving average price of $44.96. The stock has a market capitalization of $16.06 billion, a price-to-earnings ratio of 343.95 and a beta of 0.40.

Institutional Trading of Viper Energy

Several institutional investors and hedge funds have recently modified their holdings of VNOM. Capital World Investors increased its stake in shares of Viper Energy by 4.0% during the 4th quarter. Capital World Investors now owns 12,916,557 shares of the oil and gas producer's stock worth $498,967,000 after purchasing an additional 493,203 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Viper Energy by 11.1% during the 4th quarter. Wellington Management Group LLP now owns 11,491,534 shares of the oil and gas producer's stock worth $443,918,000 after purchasing an additional 1,144,863 shares during the last quarter. California State Teachers Retirement System lifted its stake in Viper Energy by 4,352.6% in the 2nd quarter. California State Teachers Retirement System now owns 9,668,090 shares of the oil and gas producer's stock valued at $409,927,000 after buying an additional 9,450,957 shares in the last quarter. Adage Capital Partners GP L.L.C. lifted its stake in Viper Energy by 21.9% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 5,711,539 shares of the oil and gas producer's stock valued at $220,637,000 after buying an additional 1,024,838 shares in the last quarter. Finally, State Street Corp grew its holdings in Viper Energy by 2.9% during the 2nd quarter. State Street Corp now owns 5,197,538 shares of the oil and gas producer's stock valued at $198,182,000 after buying an additional 148,503 shares during the last quarter. Hedge funds and other institutional investors own 87.72% of the company's stock.

Viper Energy Dividend Announcement

The firm also recently announced a special dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 13th were given a dividend of $0.29 per share. The ex-dividend date was Thursday, August 13th. This represents a yield of 281.0%. Viper Energy's payout ratio is presently 1,169.23%.

Viper Energy Company Profile

Viper Energy Partners LP is a publicly traded master limited partnership that owns and intends to acquire mineral and royalty interests in oil and natural gas properties. As a pass-through entity, Viper Energy Partners does not engage in drilling or production operations directly; instead, it generates revenues by holding overriding royalty interests, mineral fee interests and royalty fee interests. These interests entitle the partnership to receive a percentage of the proceeds from hydrocarbons produced and sold by third-party operators.

The partnership's assets are concentrated in the Permian Basin, with a primary focus on the Delaware Basin region of West Texas and southeastern New Mexico.

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