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

$31.20
-1.02 (-3.17 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$30.93
Now: $31.20
$32.98
50-Day Range
$27.52
MA: $29.49
$32.88
52-Week Range
$22.76
Now: $31.20
$44.00
Volume201,137 shs
Average Volume456,154 shs
Market Capitalization$4.21 billion
P/E Ratio28.89
Dividend Yield5.83%
Beta1.38
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$1.1805 per share
Book Value$9.97 per share

Profitability

Net Income$143.95 million

Miscellaneous

EmployeesN/A
Market Cap$4.21 billion
Next Earnings Date11/4/2019 (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.


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 announced a quarterly dividend on Tuesday, July 30th. Shareholders of record on Wednesday, August 14th will be paid a dividend of $0.47 per share on Wednesday, August 21st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date of this dividend is Tuesday, August 13th. This is a positive change from Viper Energy Partners's previous quarterly dividend of $0.38. View Viper Energy Partners' Dividend History.

How were Viper Energy Partners' earnings last quarter?

Viper Energy Partners LP (NASDAQ:VNOM) posted its quarterly earnings data on Tuesday, July, 30th. The oil and gas producer reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.03. The oil and gas producer earned $72.19 million during the quarter, compared to analysts' expectations of $69.49 million. Viper Energy Partners had a return on equity of 0.62% and a net margin of 13.18%. Viper Energy Partners's revenue was down 4.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.35 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 Monday, November 4th 2019. View Earnings Estimates for Viper Energy Partners.

What price target have analysts set for VNOM?

16 analysts have issued 1-year price objectives for Viper Energy Partners' shares. Their predictions range from $33.00 to $52.00. On average, they anticipate Viper Energy Partners' stock price to reach $41.3333 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price. View Analyst Price Targets for Viper Energy Partners.

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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viper Energy Partners in the last year. There are currently 14 buy ratings and 2 strong buy ratings 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?

Media stories about VNOM stock have trended negative on Tuesday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Viper Energy Partners earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock'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 decrease in short interest in August. As of August 31st, there was short interest totalling 1,256,300 shares, a decrease of 22.1% from the July 31st total of 1,612,000 shares. Based on an average trading volume of 336,500 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.1% of the company's stock 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 variety of of institutional and retail investors. Top institutional shareholders include Eagle Asset Management Inc. (1.93%), Cardinal Capital Management LLC CT (1.03%), Invesco Ltd. (0.91%), Van ECK Associates Corp (0.90%), GW&K Investment Management LLC (0.54%) and Morgan Stanley (0.47%). 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 Morgan Stanley, UBS Group AG, Kayne Anderson Capital Advisors LP, JPMorgan Chase & Co., Verition Fund Management LLC, Vertex One Asset Management Inc., Van ECK Associates Corp and RR Advisors LLC. 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 Emerald Advisers LLC, GW&K Investment Management LLC, Virtus ETF Advisers LLC, Spirit of America Management Corp NY, Invesco Ltd., Requisite Capital Management LLC, Nomura Holdings Inc. and Nomura Holdings Inc.. 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 $31.20.

How big of a company is Viper Energy Partners?

Viper Energy Partners has a market capitalization of $4.21 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:  2.6 out of 5 (star star)
Outperform Votes:  370 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  724
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 9/17/2019 by MarketBeat.com Staff

Featured Article: Dead Cat Bounce

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel