KeyCorp Issues Optimistic Forecast for Viper Energy Earnings

Key Points

• KeyCorp raised its outlook on Viper Energy, increasing its Q2 2026 EPS estimate to $0.74 from $0.69 and keeping an Overweight rating with a $65 price target.
• Broader analyst sentiment remains upbeat, with Viper Energy holding an average Buy rating and a consensus price target of about $58.38.
• The company recently beat quarterly expectations, reporting $0.55 EPS versus $0.43 expected and revenue of $511 million, while also paying a 3.3% dividend yield.

Viper Energy Inc. (NASDAQ:VNOM - Free Report) - KeyCorp lifted their Q2 2026 earnings per share estimates for shares of Viper Energy in a report issued on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now anticipates that the oil and gas producer will post earnings per share of $0.74 for the quarter, up from their previous forecast of $0.69. KeyCorp has a "Overweight" rating and a $65.00 price objective on the stock. The consensus estimate for Viper Energy's current full-year earnings is $2.50 per share. KeyCorp also issued estimates for Viper Energy's Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.80 EPS, FY2026 earnings at $2.71 EPS, Q2 2027 earnings at $0.76 EPS, Q3 2027 earnings at $0.75 EPS and FY2027 earnings at $3.07 EPS.

VNOM has been the subject of several other research reports. Wall Street Zen raised shares of Viper Energy from a "hold" rating to a "buy" rating in a report on Saturday, May 23rd. Piper Sandler raised their price target on shares of Viper Energy from $64.00 to $68.00 and gave the company an "overweight" rating in a research report on Thursday, March 12th. Wells Fargo & Company lifted their price objective on shares of Viper Energy from $60.00 to $61.00 and gave the company an "overweight" rating in a report on Friday, May 15th. Royal Bank Of Canada assumed coverage on shares of Viper Energy in a research report on Friday, May 29th. They issued an "outperform" rating and a $58.00 price objective for the company. Finally, TD Securities lifted their price target on Viper Energy from $54.00 to $55.00 and gave the company a "buy" rating in a research note on Tuesday, February 24th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Viper Energy has an average rating of "Buy" and an average price target of $58.38.

Viper Energy Price Performance

Shares of NASDAQ:VNOM opened at $45.46 on Monday. The company has a current ratio of 6.17, a quick ratio of 6.17 and a debt-to-equity ratio of 0.15. Viper Energy has a twelve month low of $35.10 and a twelve month high of $51.13. The company's 50 day moving average is $46.93 and its 200 day moving average is $43.09. The company has a market cap of $16.32 billion, a PE ratio of -142.06 and a beta of 0.38.

Viper Energy (NASDAQ:VNOM - Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The oil and gas producer reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.12. The business had revenue of $511.00 million during the quarter, compared to the consensus estimate of $499.82 million. Viper Energy had a positive return on equity of 2.64% and a negative net margin of 2.77%.The company's quarterly revenue was up 108.6% on a year-over-year basis. During the same quarter last year, the company earned $0.54 earnings per share.

Viper Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Thursday, May 14th. Viper Energy's dividend payout ratio (DPR) is -475.00%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Mountain Lake Investment Management LLC purchased a new stake in shares of Viper Energy in the 3rd quarter valued at approximately $9,853,000. Principal Financial Group Inc. boosted its position in shares of Viper Energy by 26.1% during the 3rd quarter. Principal Financial Group Inc. now owns 374,739 shares of the oil and gas producer's stock worth $14,323,000 after purchasing an additional 77,519 shares during the period. Citigroup Inc. increased its holdings in Viper Energy by 58.7% in the 3rd quarter. Citigroup Inc. now owns 198,093 shares of the oil and gas producer's stock valued at $7,571,000 after purchasing an additional 73,303 shares during the last quarter. Bornite Capital Management LP acquired a new stake in Viper Energy in the 3rd quarter valued at approximately $38,220,000. Finally, JPMorgan Chase & Co. raised its position in Viper Energy by 40.9% in the third quarter. JPMorgan Chase & Co. now owns 428,168 shares of the oil and gas producer's stock valued at $16,365,000 after purchasing an additional 124,259 shares during the period. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Key Viper Energy News

Here are the key news stories impacting Viper Energy this week:

• Positive Sentiment: KeyBanc reiterated its Buy rating on Viper Energy, reinforcing a constructive outlook for the stock. KeyBanc Sticks to Their Buy Rating for Viper Energy (VNOM)
• Positive Sentiment: Analyst consensus remains favorable, with Viper Energy receiving an average Buy rating from analysts, which suggests continued confidence in the company’s outlook. Viper Energy Inc. NASDAQ: VNOM Receives Average Rating of "Buy" from Analysts
• Positive Sentiment: KeyCorp raised several near-term earnings estimates for Viper Energy and maintained an Overweight rating with a $65 price target, signaling expectations for stronger profitability ahead.
• Neutral Sentiment: A separate analyst note trimmed some later-period estimates, including Q2 2027 and FY2027 EPS, even though the firm still kept a bullish stance on the stock.
• Neutral Sentiment: Viper Energy was mentioned in a general dividend-stock roundup, but the article was not specifically focused on VNOM and did not provide company-specific news.

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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