William Blair Begins Coverage on Viper Energy (NASDAQ:VNOM)

Key Points

• William Blair has initiated coverage on Viper Energy, setting an "outperform" rating for the stock, suggesting positive expectations for its performance.
• Viper Energy has received numerous upgrades from several analysts, with price targets increased by institutions including Bank of America, Evercore ISI, and Piper Sandler, indicating a consensus rating of "Buy" among fifteen analysts.
• The company reported a quarterly EPS of $0.41, exceeding expectations and showcasing a revenue increase of 37.1% year-over-year, reflecting strong operational performance.

William Blair assumed coverage on shares of Viper Energy (NASDAQ:VNOM - Free Report) in a research report sent to investors on Monday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating on the oil and gas producer's stock. William Blair also issued estimates for Viper Energy's Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.05 EPS, FY2026 earnings at $0.35 EPS, FY2027 earnings at $0.49 EPS, FY2028 earnings at $0.58 EPS and FY2029 earnings at $0.61 EPS.

Several other equities research analysts have also recently issued reports on the company. Piper Sandler raised their target price on Viper Energy from $66.00 to $68.00 and gave the stock an "overweight" rating in a research note on Thursday, August 14th. Raymond James Financial reissued an "outperform" rating and set a $57.00 price objective (down from $60.00) on shares of Viper Energy in a research report on Tuesday, July 29th. Mizuho raised their price objective on Viper Energy from $54.00 to $55.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Barclays raised their price objective on Viper Energy from $57.00 to $60.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. Finally, Morgan Stanley initiated coverage on shares of Viper Energy in a research report on Monday, August 18th. They set an "overweight" rating and a $46.00 price target for the company. Sixteen investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $55.93.

Viper Energy Trading Down 1.1%

Viper Energy stock traded down $0.46 during midday trading on Monday, hitting $39.85. 1,332,844 shares of the stock were exchanged, compared to its average volume of 2,743,272. Viper Energy has a fifty-two week low of $34.71 and a fifty-two week high of $56.76. The stock has a market capitalization of $11.50 billion, a price-to-earnings ratio of 11.52, a PEG ratio of 17.93 and a beta of 0.99. The stock's 50-day simple moving average is $38.01 and its 200 day simple moving average is $40.83. The company has a current ratio of 6.15, a quick ratio of 6.15 and a debt-to-equity ratio of 0.13.

Viper Energy (NASDAQ:VNOM - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The oil and gas producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. The firm had revenue of $297.00 million during the quarter, compared to analysts' expectations of $285.35 million. Viper Energy had a net margin of 37.84% and a return on equity of 3.92%. Viper Energy's revenue was up 37.1% compared to the same quarter last year. During the same period last year, the business earned $0.62 earnings per share. On average, equities analysts anticipate that Viper Energy will post 2.02 EPS for the current year.

Viper Energy Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Thursday, August 14th were issued a $0.53 dividend. The ex-dividend date was Thursday, August 14th. This represents a $2.12 dividend on an annualized basis and a yield of 5.3%. Viper Energy's dividend payout ratio (DPR) is 38.15%.

Hedge Funds Weigh In On Viper Energy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP purchased a new position in shares of Viper Energy in the 4th quarter valued at about $32,000. Financial Gravity Companies Inc. purchased a new stake in Viper Energy during the 2nd quarter worth about $27,000. UMB Bank n.a. lifted its holdings in Viper Energy by 129.0% during the 1st quarter. UMB Bank n.a. now owns 735 shares of the oil and gas producer's stock worth $33,000 after buying an additional 414 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new stake in Viper Energy during the first quarter worth approximately $34,000. Finally, AlphaQuest LLC purchased a new stake in Viper Energy during the first quarter worth approximately $41,000. Hedge funds and other institutional investors own 87.72% of the company's stock.

Viper Energy Company Profile

Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.