FY2027 EPS Estimates for Viper Energy Increased by Analyst

Viper Energy Inc. (NASDAQ:VNOM) – Research analysts at Zacks Research lifted their FY2027 EPS estimates for shares of Viper Energy in a report issued on Wednesday, June 3rd. Zacks Research analyst Team now forecasts that the oil and gas producer will earn $1.53 per share for the year, up from their prior estimate of $1.52. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Viper Energy’s current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Viper Energy’s Q1 2028 earnings at $0.31 EPS and FY2028 earnings at $1.40 EPS.

VNOM has been the subject of a number of other research reports. Wall Street Zen raised shares of Viper Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Piper Sandler increased their target price on shares of Viper Energy from $64.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. KeyCorp increased their target price on shares of Viper Energy from $56.00 to $65.00 and gave the stock an “overweight” rating in a research report on Thursday, April 2nd. Royal Bank Of Canada began coverage on shares of Viper Energy in a research report on Friday, May 29th. They set an “outperform” rating and a $58.00 target price for the company. Finally, Mizuho increased their target price on shares of Viper Energy from $54.00 to $58.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $58.38.

Viper Energy Stock Up 1.9%

VNOM opened at $46.88 on Thursday. The firm has a 50 day moving average price of $46.99 and a 200 day moving average price of $42.97. The company has a market cap of $16.83 billion, a PE ratio of -146.50 and a beta of 0.38. Viper Energy has a 1 year low of $35.10 and a 1 year high of $51.13. The company has a debt-to-equity ratio of 0.15, a quick ratio of 6.17 and a current ratio of 6.17.

Viper Energy (NASDAQ:VNOM) last posted its earnings results on Monday, May 4th. The oil and gas producer reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.12. The firm had revenue of $511.00 million during the quarter, compared to the consensus estimate of $499.82 million. Viper Energy had a negative net margin of 2.77% and a positive return on equity of 2.64%. The company’s revenue was up 108.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS.

Institutional Trading of Viper Energy

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Viper Energy by 28.0% in the third quarter. Vanguard Group Inc. now owns 16,906,846 shares of the oil and gas producer’s stock valued at $646,180,000 after acquiring an additional 3,699,141 shares in the last quarter. Capital World Investors grew its position in Viper Energy by 4.0% in the fourth quarter. Capital World Investors now owns 12,916,557 shares of the oil and gas producer’s stock valued at $498,967,000 after acquiring an additional 493,203 shares in the last quarter. Wellington Management Group LLP grew its position in Viper Energy by 11.1% in the fourth quarter. Wellington Management Group LLP now owns 11,491,534 shares of the oil and gas producer’s stock valued at $443,918,000 after acquiring an additional 1,144,863 shares in the last quarter. Oaktree Capital Management LP acquired a new stake in Viper Energy in the third quarter valued at approximately $240,215,000. Finally, Adage Capital Partners GP L.L.C. grew its position in Viper Energy by 21.9% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 5,711,539 shares of the oil and gas producer’s stock valued at $220,637,000 after acquiring an additional 1,024,838 shares in the last quarter. Institutional investors and hedge funds own 87.72% of the company’s stock.

Viper Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th were given a $0.38 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.52 annualized dividend and a yield of 3.2%. Viper Energy’s dividend payout ratio (DPR) is -475.00%.

About Viper Energy

Viper Energy Partners LP is a publicly traded master limited partnership that owns and intends to acquire mineral and royalty interests in oil and natural gas properties. As a pass-through entity, Viper Energy Partners does not engage in drilling or production operations directly; instead, it generates revenues by holding overriding royalty interests, mineral fee interests and royalty fee interests. These interests entitle the partnership to receive a percentage of the proceeds from hydrocarbons produced and sold by third-party operators.

The partnership’s assets are concentrated in the Permian Basin, with a primary focus on the Delaware Basin region of West Texas and southeastern New Mexico.