Bornite Capital Management LP Raises Stock Position in Viper Energy Inc. $VNOM

Bornite Capital Management LP raised its stake in Viper Energy Inc. (NASDAQ:VNOM) by 50.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,500,000 shares of the oil and gas producer’s stock after buying an additional 500,000 shares during the period. Viper Energy comprises about 5.7% of Bornite Capital Management LP’s investment portfolio, making the stock its 9th biggest position. Bornite Capital Management LP’s holdings in Viper Energy were worth $57,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Viper Energy by 38.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,881 shares of the oil and gas producer’s stock valued at $2,162,000 after purchasing an additional 13,218 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Viper Energy by 264.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 240,799 shares of the oil and gas producer’s stock valued at $10,872,000 after purchasing an additional 174,684 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Viper Energy by 22.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 204,499 shares of the oil and gas producer’s stock valued at $9,233,000 after purchasing an additional 37,847 shares during the last quarter. Prudential Financial Inc. grew its holdings in shares of Viper Energy by 30.7% during the 2nd quarter. Prudential Financial Inc. now owns 12,785 shares of the oil and gas producer’s stock valued at $487,000 after purchasing an additional 3,005 shares during the last quarter. Finally, Guggenheim Capital LLC grew its holdings in shares of Viper Energy by 6.5% during the 2nd quarter. Guggenheim Capital LLC now owns 23,028 shares of the oil and gas producer’s stock valued at $878,000 after purchasing an additional 1,405 shares during the last quarter. Institutional investors own 87.72% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on VNOM. Citigroup increased their target price on shares of Viper Energy from $52.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Jefferies Financial Group raised shares of Viper Energy from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a report on Monday, April 13th. Piper Sandler increased their target price on shares of Viper Energy from $64.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Wall Street Zen raised shares of Viper Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Finally, Morgan Stanley increased their target price on shares of Viper Energy from $44.00 to $49.00 and gave the company an “overweight” rating in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Viper Energy presently has an average rating of “Moderate Buy” and a consensus target price of $58.38.

Viper Energy Trading Up 1.6%

Shares of VNOM opened at $44.38 on Friday. The stock has a market capitalization of $15.93 billion, a P/E ratio of -138.68 and a beta of 0.38. The company has a quick ratio of 6.17, a current ratio of 6.17 and a debt-to-equity ratio of 0.15. The firm has a fifty day simple moving average of $46.71 and a two-hundred day simple moving average of $43.35. Viper Energy Inc. has a twelve month low of $35.10 and a twelve month high of $51.13.

Viper Energy (NASDAQ:VNOM) last announced its quarterly earnings results on Monday, May 4th. The oil and gas producer reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.12. The business had revenue of $511.00 million during the quarter, compared to analysts’ expectations of $499.82 million. Viper Energy had a negative net margin of 2.77% and a positive return on equity of 2.64%. The firm’s revenue for the quarter was up 108.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.54 EPS. On average, research analysts anticipate that Viper Energy Inc. will post 2.57 EPS for the current year.

Viper Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.52 annualized dividend and a yield of 3.4%. Viper Energy’s dividend payout ratio is presently -475.00%.

Trending Headlines about Viper Energy

Here are the key news stories impacting Viper Energy this week:

• Positive Sentiment: Zacks Research raised earnings estimates across several future periods, including FY2026, FY2027, FY2028, and multiple quarterly forecasts, suggesting improved profit expectations for Viper Energy’s oil and gas operations.
• Positive Sentiment: The FY2026 estimate was lifted to $2.51 per share, slightly above the broader consensus estimate of $2.50, which may support investor confidence in near-term earnings stability.
• Positive Sentiment: Several long-range estimates were also increased, signaling that analysts see better earnings power over time, which can be supportive for valuation.
• Neutral Sentiment: Despite the higher estimates, Zacks Research still rates VNOM as Hold, so the updates are not an outright bullish endorsement.
• Negative Sentiment: Zacks Research downgraded Viper Energy from strong-buy to hold, a rating cut that can weigh on sentiment even when earnings estimates improve.

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.