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NASDAQ:VNOM - Viper Energy Partners Stock Price, Forecast & News

$24.29
-0.39 (-1.58 %)
(As of 12/15/2019 04:00 PM ET)
Today's Range
$24.25
Now: $24.29
$24.96
50-Day Range
$22.36
MA: $24.46
$27.21
52-Week Range
$21.89
Now: $24.29
$36.73
Volume277,554 shs
Average Volume455,545 shs
Market Capitalization$3.28 billion
P/E Ratio22.49
Dividend Yield7.46%
Beta1.31
Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2018, it had mineral interests in 14,841 net royalty acres in the Permian Basin and Eagle Ford Shale with estimated proved oil and natural gas reserves of 63,136 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:VNOM
CUSIPN/A
Phone432-221-7400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$288.82 million
Cash Flow$1.09 per share
Book Value$9.97 per share

Profitability

Net Income$143.95 million

Miscellaneous

EmployeesN/A
Market Cap$3.28 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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Viper Energy Partners (NASDAQ:VNOM) Frequently Asked Questions

What is Viper Energy Partners' stock symbol?

Viper Energy Partners trades on the NASDAQ under the ticker symbol "VNOM."

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

Viper Energy Partners declared a quarterly dividend on Wednesday, October 30th. Stockholders of record on Friday, November 8th will be given a dividend of $0.46 per share on Friday, November 15th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 7.58%. The ex-dividend date is Thursday, November 7th. This is a boost from Viper Energy Partners's previous quarterly dividend of $0.22. View Viper Energy Partners' Dividend History.

How were Viper Energy Partners' earnings last quarter?

Viper Energy Partners LP (NASDAQ:VNOM) issued its earnings results on Tuesday, October, 29th. The oil and gas producer reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.01. The oil and gas producer had revenue of $71.79 million for the quarter, compared to analyst estimates of $73.40 million. Viper Energy Partners had a net margin of 15.51% and a return on equity of 0.95%. The business's revenue for the quarter was down 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.58 EPS. View Viper Energy Partners' Earnings History.

When is Viper Energy Partners' next earnings date?

Viper Energy Partners is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Viper Energy Partners.

What price target have analysts set for VNOM?

14 brokerages have issued 1 year price targets for Viper Energy Partners' shares. Their forecasts range from $32.00 to $52.00. On average, they anticipate Viper Energy Partners' share price to reach $38.43 in the next twelve months. This suggests a possible upside of 58.2% from the stock's current price. View Analyst Price Targets for Viper Energy Partners.

What is the consensus analysts' recommendation for Viper Energy Partners?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viper Energy Partners in the last year. There are currently 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viper Energy Partners.

What are Wall Street analysts saying about Viper Energy Partners stock?

Here are some recent quotes from research analysts about Viper Energy Partners stock:
  • 1. Northland Securities analysts commented, "We reiterate our Outperform rating and $35 PT, implying a 2020 yield of 7.4%. Overview: VNOM is acquiring 1,358 net royalty acres with 2Q19 production of 1,400 BOEPD for 5.2MM common units ($150MM transaction value) from Santa Elena Minerals (Private). The acreage has an average net revenue interest of 5.6% and is located primarily in two ranches in with FANG operating over 65% of the acreage. We note the seller will be subject to a 180-day lockup period." (9/16/2019)
  • 2. According to Zacks Investment Research, "Viper Energy Partners generates a strong and steady royalty income from the mineral interests in the prolific basins across the United States. The partnership entered into 88 accords in 2018 including the first drop-down asset/property of Pecos County mineral resources from its parent company, Diamondback. Viper Energy Partners expects more drop-down of assets to follow from the additional 1,186 net royalty acres in Pecos and Reeves counties that are owned by Diamondback. This expansion strategy is likely to generate more royalty income from the partnership and be accretive to the unitholders. Moreover, oil price has recovered significantly and is now heading toward the $65-per-barrel psychological mark. Since oil accounts for maximum volumes from Viper Energy Partners’ producing properties, the crude recovery should boost the partnership’s financials." (4/12/2019)

Has Viper Energy Partners been receiving favorable news coverage?

News coverage about VNOM stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Viper Energy Partners earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Viper Energy Partners.

Are investors shorting Viper Energy Partners?

Viper Energy Partners saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 1,340,000 shares, an increase of 42.7% from the November 14th total of 938,900 shares. Based on an average trading volume of 413,100 shares, the short-interest ratio is presently 3.2 days. Approximately 2.2% of the shares of the company are sold short. View Viper Energy Partners' Current Options Chain.

Who are some of Viper Energy Partners' key competitors?

What other stocks do shareholders of Viper Energy Partners own?

Who are Viper Energy Partners' key executives?

Viper Energy Partners' management team includes the folowing people:
  • Mr. Steven Emory West, Exec. Chairman of Viper Energy Partners GP LLC (Age 59)
  • Mr. Travis D. Stice, CEO & Director of Viper Energy Partners GP LLC (Age 57)
  • Mr. Kaes Van't Hof, Pres of Viper Energy Partners GP LLC (Age 32)
  • Ms. Teresa L. Dick, Exec. VP, CFO & Assistant Sec. of Viper Energy Partners GP LLC (Age 49)
  • Mr. Adam T. Lawlis, VP of Investor Relations of Viper Energy Partners GP LLC

Who are Viper Energy Partners' major shareholders?

Viper Energy Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Eagle Asset Management Inc. (1.92%), Millennium Management LLC (0.48%), Soros Fund Management LLC (0.48%), Stifel Financial Corp (0.44%), Spirit of America Management Corp NY (0.35%) and Emerald Advisers LLC (0.35%). Company insiders that own Viper Energy Partners stock include Hof Matthew Kaes Van't and Michael L Hollis. View Institutional Ownership Trends for Viper Energy Partners.

Which institutional investors are selling Viper Energy Partners stock?

VNOM stock was sold by a variety of institutional investors in the last quarter, including Soros Fund Management LLC, Kayne Anderson Capital Advisors LP, Millennium Management LLC, Point72 Asset Management L.P., Emerald Advisers LLC, Eagle Asset Management Inc., Boston Partners and Emerald Mutual Fund Advisers Trust. View Insider Buying and Selling for Viper Energy Partners.

Which institutional investors are buying Viper Energy Partners stock?

VNOM stock was acquired by a variety of institutional investors in the last quarter, including Stifel Financial Corp, California Public Employees Retirement System, Russell Investments Group Ltd., Castleark Management LLC, CIBC Private Wealth Group LLC, CWM LLC, Sunbelt Securities Inc. and Barclays PLC. View Insider Buying and Selling for Viper Energy Partners.

How do I buy shares of Viper Energy Partners?

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

What is Viper Energy Partners' stock price today?

One share of VNOM stock can currently be purchased for approximately $24.29.

How big of a company is Viper Energy Partners?

Viper Energy Partners has a market capitalization of $3.28 billion and generates $288.82 million in revenue each year. The oil and gas producer earns $143.95 million in net income (profit) each year or $1.08 on an earnings per share basis. View Additional Information About Viper Energy Partners.

What is Viper Energy Partners' official website?

The official website for Viper Energy Partners is http://www.viperenergy.com/.

How can I contact Viper Energy Partners?

Viper Energy Partners' mailing address is 500 WEST TEXAS SUITE 1200, MIDLAND TX, 79701. The oil and gas producer can be reached via phone at 432-221-7400 or via email at [email protected]


MarketBeat Community Rating for Viper Energy Partners (NASDAQ VNOM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  389 (Vote Outperform)
Underperform Votes:  388 (Vote Underperform)
Total Votes:  777
MarketBeat's community ratings are surveys of what our community members think about Viper Energy Partners and other stocks. Vote "Outperform" if you believe VNOM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VNOM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2019 by MarketBeat.com Staff

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