About Viper Energy Partners LP (NASDAQ:VNOM)
Viper Energy Partners LP is engaged in owning, acquiring and exploiting oil and natural gas properties in North America. The Company's assets are located in the Permian Basin of West Texas. As of December 31, 2016, the Permian Basin consisted of approximately 85,000 square miles. As of December 31, 2016, its assets consisted of mineral interests underlying 107,568 gross acres in the Permian Basin. As of December 31, 2016, there were 545 vertical wells and 190 horizontal wells producing on this acreage. As of December 31, 2016, its estimated proved oil and natural gas reserves of its assets was 31,435 thousand barrels of crude oil equivalent (MBOE). As of December 31, 2016, the Company's proved reserves were approximately 68% oil, 18% natural gas liquids and 14% natural gas. In addition to its mineral interests, the Company owns a minor equity interest in an entity that owns mineral, overriding royalty, net profits, leasehold and other similar interests.
Industry, Sector and Symbol:
- Sector: Energy
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: N/A
- Symbol: NASDAQ:VNOM
- CUSIP: N/A
- Web: www.viperenergy.com/
- Market Cap: $2.07 billion
- Outstanding Shares: 113,863,000
- 50 Day Moving Avg: $18.29
- 200 Day Moving Avg: $17.24
- 52 Week Range: $13.53 - $19.83
Sales & Book Value:
- Trailing P/E Ratio: 24.02
- Foreward P/E Ratio: 15.13
- P/E Growth: 0.64
- Annual Revenue: $118.19 million
- Price / Sales: 17.50
- Book Value: $7.04 per share
- Price / Book: 2.58
- Annual Dividend: $1.33
- Dividend Yield: 5.8%
- EBITDA: $104.04 million
- Net Margins: 60.48%
- Return on Equity: 12.88%
- Return on Assets: 12.14%
- Debt-to-Equity Ratio: 0.12%
- Current Ratio: 9.54%
- Quick Ratio: 9.54%
- Average Volume: 200,509 shs.
- Beta: 0.99
- Short Ratio: 0.5
Frequently Asked Questions for Viper Energy Partners LP (NASDAQ:VNOM)
What is Viper Energy Partners LP's stock symbol?
Viper Energy Partners LP trades on the NASDAQ under the ticker symbol "VNOM."
How often does Viper Energy Partners LP pay dividends? What is the dividend yield for Viper Energy Partners LP?
Viper Energy Partners LP announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Thursday, August 17th will be given a dividend of $0.332 per share on Thursday, August 24th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 7.31%. The ex-dividend date of this dividend is Tuesday, August 15th. This is an increase from Viper Energy Partners LP's previous quarterly dividend of $0.30. View Viper Energy Partners LP's Dividend History.
How were Viper Energy Partners LP's earnings last quarter?
Viper Energy Partners LP (NASDAQ:VNOM) announced its earnings results on Tuesday, August, 1st. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. The business earned $36.62 million during the quarter, compared to analyst estimates of $35.79 million. Viper Energy Partners LP had a net margin of 60.48% and a return on equity of 12.88%. View Viper Energy Partners LP's Earnings History.
When will Viper Energy Partners LP make its next earnings announcement?
Where is Viper Energy Partners LP's stock going? Where will Viper Energy Partners LP's stock price be in 2017?
10 equities research analysts have issued 12-month price targets for Viper Energy Partners LP's stock. Their forecasts range from $20.00 to $24.00. On average, they expect Viper Energy Partners LP's stock price to reach $21.56 in the next twelve months. View Analyst Ratings for Viper Energy Partners LP.
Who are some of Viper Energy Partners LP's key competitors?
Some companies that are related to Viper Energy Partners LP include WPX Energy (WPX), Vermilion Energy (VET), Transportadora De Gas Sa Ord B (TGS), Black Stone Minerals, L.P. (BSM), Chesapeake Energy (CHK), Texas Pacific Land Trust (TPL), PDC Energy (PDCE), Kosmos Energy (KOS), Laredo Petroleum (LPI), Southwestern Energy Company (SWN), Extraction Oil & Gas (XOG), Matador Resources Company (MTDR), Gulfport Energy Corporation (GPOR), Tullow Oil plc (TLW), Callon Petroleum Company (CPE), Magellan Petroleum Corporation (TELL), Enerplus Corp (ERF) and SM Energy Company (SM).
Who are Viper Energy Partners LP's key executives?
Viper Energy Partners LP's management team includes the folowing people:
- Steven E. West, Executive Chairman of the Board of Viper Energy Partners GP LLC
- Kaes Van't Hof, President of Viper Energy Partners GP LLC, the general partner of Viper Energy Partners LP
- Travis D. Stice, Chief Executive Officer, Director of Viper Energy Partners GP LLC
- Teresa L. Dick, Chief Financial Officer, Senior Vice President, Assistant Secretary of Viper Energy Partners GP LLC
- Randall J. Holder, Vice President, General Counsel, Secretary of Viper Energy Partners GP LLC
- Russell D. Pantermuehl, Vice President - Reservoir Engineering of Viper Energy Partners GP LLC
- Michael L. Hollis, Director of Viper Energy Partners GP LLC
- James L. Rubin, Director of Viper Energy Partners GP LLC
- Rosalind Redfern Grover, Independent Director of Viper Energy Partners GP LLC
- W. Wesley Perry, Independent Director of Viper Energy Partners GP LLC
How do I buy Viper Energy Partners LP stock?
Shares of Viper Energy Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Viper Energy Partners LP's stock price today?
MarketBeat Community Rating for Viper Energy Partners LP (NASDAQ VNOM)MarketBeat's community ratings are surveys of what our community members think about Viper Energy Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Viper Energy Partners LP stock can currently be purchased for approximately $18.16.
Consensus Ratings for Viper Energy Partners LP (NASDAQ:VNOM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 8 Buy Ratings, 1 Strong Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$21.56 (18.70% upside)|Consensus Price Target History for Viper Energy Partners LP (NASDAQ:VNOM)
Analysts' Ratings History for Viper Energy Partners LP (NASDAQ:VNOM)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Barclays PLC||Set Price Target||Buy||$18.00 -> $20.00||N/A|
|10/12/2017||Northland Securities||Reiterated Rating||Buy||$24.00||N/A|
|10/4/2017||Imperial Capital||Reiterated Rating||In-Line||$21.00 -> $23.00||N/A|
|9/18/2017||Piper Jaffray Companies||Lower Price Target||Overweight||$22.00 -> $20.00||Low|
|9/10/2017||Stifel Nicolaus||Reiterated Rating||Buy||$20.00||Low|
|8/23/2017||Mizuho||Upgrade||Neutral -> Buy||High|
|7/25/2017||Scotiabank||Upgrade||Sector Perform -> Outperform||$20.00 -> $22.00||Low|
|6/2/2017||Credit Suisse Group||Reiterated Rating||Outperform||$22.00||Low|
|3/31/2017||Citigroup Inc.||Initiated Coverage||Buy -> Buy||$20.00||Medium|
|2/21/2017||Raymond James Financial, Inc.||Upgrade||Market Perform -> Strong-Buy||$23.00||N/A|
|5/16/2016||Sterne Agee CRT||Reiterated Rating||Neutral||N/A|
|2/26/2016||Eurobank EFG||Lower Price Target||Buy||$19.00 -> $17.00||N/A|
|1/25/2016||Tudor Pickering||Upgrade||Accumulate -> Buy||N/A|
Earnings History for Viper Energy Partners LP (NASDAQ:VNOM)Earnings History by Quarter for Viper Energy Partners LP (NASDAQ VNOM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$0.22||$0.23||$35.79 million||$36.62 million||View||Listen|
|5/2/2017||Q1 2017||$0.19||$0.22||$29.06 million||$33.65 million||View||Listen|
|2/14/2017||Q4 2016||$0.15||$0.19||$27.21 million||$27.92 million||View||N/A|
|11/7/2016||Q3||$0.10||$0.12||$20.43 million||$20.00 million||View||Listen|
|5/3/2016||Q1||$0.03||($0.29)||$15.42 million||$14.19 million||View||N/A|
|2/16/2016||Q4||$0.06||$0.06||$17.92 million||$19.90 million||View||N/A|
|11/3/2015||Q3||$0.06||$0.08||$17.29 million||$18.77 million||View||N/A|
|8/5/2015||Q215||$0.09||$0.10||$18.33 million||$19.60 million||View||N/A|
|2/17/2015||$0.12||$0.14||$21.33 million||$21.90 million||View||N/A|
|11/4/2014||$0.16||$0.14||$21.98 million||$22.77 million||View||N/A|
|8/7/2014||$0.10||$0.01||$18.40 million||$17.25 million||View||N/A|
Earnings Estimates for Viper Energy Partners LP (NASDAQ:VNOM)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Viper Energy Partners LP (NASDAQ:VNOM)
|Most Recent Dividend:||8/24/2017|
|Payout Ratio:||175.00% (Trailing 12 Months of Earnings) |
141.49% (Based on This Year's Estimates)
110.83% (Based on Next Year's Estimates)
Dividend History by Quarter for Viper Energy Partners LP (NASDAQ VNOM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Viper Energy Partners LP (NASDAQ:VNOM)
Institutional Ownership Percentage: 15.59%Insider Trades by Quarter for Viper Energy Partners LP (NASDAQ:VNOM)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/18/2017||Michael L Hollis||Director||Buy||2,500||$16.07||$40,175.00|| |
|7/21/2017||Diamondback Energy, Inc.||Director||Buy||700,000||$14.38||$10,066,000.00|| |
|7/21/2017||Hof Matthew Kaes Van't||President||Buy||3,080||$14.75||$45,430.00|| |
|7/21/2017||Russell Pantermuehl||VP||Buy||18,487||$14.75||$272,683.25|| |
|7/21/2017||Teresa L Dick||CFO||Buy||1,540||$14.75||$22,715.00|| |
|7/21/2017||Travis D Stice||CEO||Buy||30,811||$14.75||$454,462.25|| |
|5/18/2017||Michael L Hollis||Director||Buy||1,328||$17.71||$23,518.88|| |
|5/17/2017||Steven E West||Director||Buy||14,000||$17.83||$249,620.00|| |
|5/12/2017||Michael L Hollis||Director||Buy||2,917||$17.71||$51,660.07|| |
|5/5/2017||Michael L Hollis||Director||Buy||1,389||$18.00||$25,002.00|| |
|3/21/2017||Michael L Hollis||Director||Buy||2,840||$17.60||$49,984.00|| |
|9/8/2016||Randall J Holder||VP||Buy||5,000||$16.44||$82,200.00|| |
|9/7/2016||Michael L Hollis||Director||Buy||1,245||$16.13||$20,081.85|| |
|8/1/2016||Diamondback Energy, Inc.||Director||Buy||2,000,000||$15.60||$31,200,000.00|| |
|12/21/2015||Elizabeth Moses||VP||Buy||4,443||$14.02||$62,290.86|| |
|12/21/2015||Michael L Hollis||Director||Buy||1,000||$14.33||$14,330.00|| |
|12/8/2015||Michael L Hollis||Director||Buy||1,000||$13.89||$13,890.00|| |
|9/17/2015||Michael L Hollis||Director||Buy||3,000||$15.80||$47,400.00|| |
|5/20/2015||Michael L Hollis||Director||Buy||1,080||$18.39||$19,861.20|| |
|3/20/2015||Michael L Hollis||Director||Buy||1,000||$17.67||$17,670.00|| |
|12/3/2014||Michael L Hollis||Director||Buy||1,500||$15.99||$23,985.00|| |
Headline Trends for Viper Energy Partners LP (NASDAQ:VNOM)
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Viper Energy Partners LP (VNOM) Chart for Tuesday, October, 24, 2017