Viper Energy (VNOM) Stock Price, News & Analysis

Company Overview

Viper Energy, Inc. engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.

Key Stats

• Today's Range: $47.59 to $48.69
• 50-Day Range: $47.64 to $56.55
• 52-Week Range: $30.21 to $56.76
• Volume: 2.93 million shs
• Average Volume: 1.07 million shs
• Market Capitalization: $8.98 billion
• P/E Ratio: 20.45
• Dividend Yield: 2.52%
• Price Target: $58.18
• Consensus Rating: Buy

Viper Energy Stock Analysis - MarketRank™

Viper Energy scored higher than 72% of companies evaluated by MarketBeat, and ranked 116th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Viper Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Viper Energy has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -9.95%

Earnings Growth

Earnings for Viper Energy are expected to decrease by -9.95% in the coming year, from $2.01 to $1.81 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Viper Energy is 20.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Viper Energy is 20.45, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.74.

Price to Book Value per Share Ratio

Viper Energy has a P/B Ratio of 2.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.34% of the outstanding shares of Viper Energy have been sold short.

Short Interest Ratio / Days to Cover

Viper Energy has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Viper Energy has recently decreased by 11.14%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Viper Energy pays a meaningful dividend of 2.39%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Viper Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Viper Energy is 51.50%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Viper Energy will have a dividend payout ratio of 66.30% next year. This indicates that Viper Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.34% of the outstanding shares of Viper Energy have been sold short.

Short Interest Ratio / Days to Cover

Viper Energy has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Viper Energy has recently decreased by 11.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.71

News Sentiment

Viper Energy has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Viper Energy this week, compared to 5 articles on an average week.

Search Interest

11 people have searched for VNOM on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Viper Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Viper Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.32% of the stock of Viper Energy is held by insiders.

Percentage Held by Institutions

87.72% of the stock of Viper Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VNOM Stock Analysis - Frequently Asked Questions

How have VNOM shares performed this year?

Viper Energy's stock was trading at $31.38 at the start of the year. Since then, VNOM shares have increased by 51.8% and is now trading at $47.64.
View the best growth stocks for 2024 here.

How were Viper Energy's earnings last quarter?

Viper Energy, Inc. (NASDAQ:VNOM) posted its earnings results on Monday, November, 4th. The oil and gas producer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The business's quarterly revenue was down 28.5% on a year-over-year basis.

Who are Viper Energy's major shareholders?

Top institutional investors of Viper Energy include Wellington Management Group LLP (6.57%), State Street Corp (2.17%), ArrowMark Colorado Holdings LLC (1.41%) and Massachusetts Financial Services Co. MA (1.13%). Insiders that own company stock include Holdings LP Blackstone III, Spencer D Armour III, Frank C Hu, Bx Guidon Topco Llc, Royalty & Mineral Mast Warwick and Steven E West.
View institutional ownership trends.

How do I buy shares of Viper Energy?

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

What other stocks do shareholders of Viper Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Viper Energy investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Invesco QQQ (QQQ), Adobe (ADBE) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 11/04/2024
• Ex-Dividend for 11/21 Dividend: 11/14/2024
• Dividend Payable: 11/21/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NASDAQ:VNOM
• CUSIP: N/A
• CIK: 1602065
• Web: www.viperenergy.com
• Phone: (432) 221-7400
• Fax: N/A
• Employees: 711
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $58.18
• High Stock Price Target: $70.00
• Low Stock Price Target: $45.00
• Potential Upside/Downside: +22.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.33
• Trailing P/E Ratio: 20.45
• Forward P/E Ratio: 23.70
• P/E Growth: N/A
• Net Income: $200.09 million
• Net Margins: 24.65%
• Pretax Margin: 60.46%
• Return on Equity: 6.72%
• Return on Assets: 4.98%

Debt

• Debt-to-Equity Ratio: 0.25
• Current Ratio: 7.24
• Quick Ratio: 7.24

Sales & Book Value

• Annual Sales: $835.80 million
• Price / Sales: 10.74
• Cash Flow: $1.85 per share
• Price / Cash Flow: 25.76
• Book Value: $16.16 per share
• Price / Book: 2.95

Miscellaneous

• Outstanding Shares: 188,409,000
• Free Float: 187,806,000
• Market Cap: $8.98 billion
• Optionable: Optionable
• Beta: 1.71