NASDAQ:VNOMViper Energy Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Viper Energy Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.50 +0.59 (+7.46 %) (As of 04/9/2020 06:42 AM ET) Add Compare Share Today's Range$8.01Now: $8.50▼$8.6150-Day Range$5.18MA: $12.25▼$23.6352-Week Range$4.98Now: $8.50▼$34.93Volume1.09 million shsAverage Volume1.20 million shsMarket Capitalization$1.35 billionP/E Ratio10.49Dividend Yield22.76%Beta2.02 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. The company was founded in 2013 and is based in Midland, Texas.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingViper Energy Partners has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 16 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.22, Viper Energy Partners has a potential upside of 161.4% from its current price of $8.50.Amount of Analyst CoverageViper Energy Partners has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesViper Energy Partners has received 422 “outperform” votes. (Add your “outperform” vote.)Underperform VotesViper Energy Partners has received 455 “underperform” votes. (Add your “underperform” vote.)Community SentimentViper Energy Partners has received 51.88% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipViper Energy Partners is a leading dividend payer. It pays a dividend yield of 22.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthViper Energy Partners has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Viper Energy Partners is 1,384.62 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Viper Energy Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.30% of the stock of Viper Energy Partners is held by insiders.Percentage Held by Institutions36.84% of the stock of Viper Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Viper Energy Partners are expected to decrease by -19.23% in the coming year, from ($0.52) to ($0.42) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Viper Energy Partners is 10.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Viper Energy Partners is 10.49, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 8.51.Price to Book Value per Share RatioViper Energy Partners has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.15 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:VNOM Previous Symbol CUSIPN/A CIK1602065 Webhttp://www.viperenergy.com/ Phone432-221-7400Debt Debt-to-Equity Ratio0.27 Current Ratio5.41 Quick Ratio5.41Price-To-Earnings Trailing P/E Ratio10.49 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$298.28 million Price / Sales4.52 Cash Flow$0.63 per share Price / Cash Flow13.51 Book Value$13.79 per share Price / Book0.62Profitability EPS (Most Recent Fiscal Year)$0.13 Net Income$46.28 million Net Margins15.52% Return on Equity0.67% Return on Assets0.56%Miscellaneous EmployeesN/A Outstanding Shares158,514,000Market Cap$1.35 billion Next Earnings Date5/5/2020 (Estimated) OptionableOptionable Receive VNOM News and Ratings via Email Sign-up to receive the latest news and ratings for VNOM and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:VNOM Rates by TradingView Viper Energy Partners (NASDAQ:VNOM) Frequently Asked Questions How has Viper Energy Partners' stock been impacted by COVID-19 (Coronavirus)? Viper Energy Partners' stock was trading at $8.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VNOM shares have increased by 4.9% and is now trading at $8.50. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Viper Energy Partners? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viper Energy Partners in the last year. There are currently 2 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Viper Energy Partners. When is Viper Energy Partners' next earnings date? Viper Energy Partners is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Viper Energy Partners. How were Viper Energy Partners' earnings last quarter? Viper Energy Partners LP (NASDAQ:VNOM) released its earnings results on Tuesday, February, 11th. The oil and gas producer reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.06. The oil and gas producer earned $92.71 million during the quarter, compared to analyst estimates of $89.23 million. Viper Energy Partners had a return on equity of 0.67% and a net margin of 15.52%. View Viper Energy Partners' earnings history. How often does Viper Energy Partners pay dividends? What is the dividend yield for Viper Energy Partners? Viper Energy Partners announced a quarterly dividend on Tuesday, February 11th. Investors of record on Friday, February 21st will be paid a dividend of $0.45 per share on Friday, February 28th. This represents a $1.80 dividend on an annualized basis and a yield of 21.18%. The ex-dividend date is Thursday, February 20th. View Viper Energy Partners' dividend history. What price target have analysts set for VNOM? 18 analysts have issued 12-month price objectives for Viper Energy Partners' shares. Their forecasts range from $10.00 to $46.00. On average, they anticipate Viper Energy Partners' share price to reach $22.22 in the next year. This suggests a possible upside of 161.4% from the stock's current price. View analysts' price targets 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 headlines about VNOM stock have been trending very negative on Thursday, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Viper Energy Partners earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutViper Energy Partners. Are investors shorting Viper Energy Partners? Viper Energy Partners saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,687,900 shares, an increase of 61.0% from the February 27th total of 1,670,000 shares. Based on an average trading volume of 1,924,600 shares, the short-interest ratio is currently 1.4 days. Approximately 5.4% of the company's stock are sold short. View Viper Energy Partners' Current Options Chain. Who are some of Viper Energy Partners' key competitors? Some companies that are related to Viper Energy Partners include Encana (ECA), Continental Resources (CLR), Cenovus Energy (CVE), Devon Energy (DVN), Noble Energy (NBL), Marathon Oil (MRO), Parsley Energy (PE), EQT (EQT), Sasol (SSL), Apache (APA), Cimarex Energy (XEC), WPX Energy (WPX), CNX Resources (CNX), Comstock Resources (CRK) and Black Stone Minerals (BSM). What other stocks do shareholders of Viper Energy Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Viper Energy Partners investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners, L.P (CLMT), Two Harbors Investment (TWO), Blackrock Capital Investment (BKCC), Novocure (NVCR), Summit Midstream Partners (SMLP), Washington Prime Group (WPG), New Residential Investment (NRZ) and Roper Technologies (ROP). Who are Viper Energy Partners' key executives? Viper Energy Partners' management team includes the following 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 What is Viper Energy Partners' stock symbol? Viper Energy Partners trades on the NASDAQ under the ticker symbol "VNOM." Who are Viper Energy Partners' major shareholders? Viper Energy Partners' stock is owned by a variety of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.23%) and Global Trust Asset Management LLC (0.02%). 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 major investors are selling Viper Energy Partners stock? VNOM stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. View insider buying and selling activity for Viper Energy Partners. Which major investors are buying Viper Energy Partners stock? VNOM stock was bought by a variety of institutional investors in the last quarter, including Global Trust Asset Management LLC. View insider buying and selling activity 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 $8.50. How big of a company is Viper Energy Partners? Viper Energy Partners has a market capitalization of $1.35 billion and generates $298.28 million in revenue each year. The oil and gas producer earns $46.28 million in net income (profit) each year or $0.13 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 AVENUE 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] This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: Cost of Goods Sold (COGS)
