Zacks Research Decreases Earnings Estimates for Viper Energy

Viper Energy, Inc. (NASDAQ:VNOM) – Equities research analysts at Zacks Research decreased their Q4 2024 earnings estimates for Viper Energy in a research note issued on Tuesday, January 7th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings per share of $0.32 for the quarter, down from their previous estimate of $0.33. The consensus estimate for Viper Energy’s current full-year earnings is $2.01 per share. Zacks Research also issued estimates for Viper Energy’s Q1 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.59 EPS, Q1 2026 earnings at $0.43 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.61 EPS and FY2026 earnings at $2.15 EPS.

Viper Energy (NASDAQ:VNOM) last issued its earnings results on Monday, November 4th. The oil and gas producer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Viper Energy had a net margin of 24.65% and a return on equity of 6.72%. The company had revenue of $209.59 million for the quarter, compared to analysts’ expectations of $210.54 million. During the same quarter last year, the company earned $1.10 EPS. The firm’s revenue was down 28.5% compared to the same quarter last year.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group began coverage on Viper Energy in a research note on Monday, December 2nd. They issued a “buy” rating and a $70.00 price target on the stock. Piper Sandler dropped their price target on shares of Viper Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Roth Mkm boosted their price objective on shares of Viper Energy from $46.00 to $53.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. KeyCorp raised shares of Viper Energy from a “sector weight” rating to an “overweight” rating and set a $62.00 price objective for the company in a research note on Friday, December 13th. Finally, TD Securities raised their target price on Viper Energy from $46.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday, September 12th. One equities research analyst has rated the stock with a sell rating and eleven have given a buy rating to the company. According to data from MarketBeat, Viper Energy has a consensus rating of “Moderate Buy” and an average target price of $59.36.

Viper Energy Trading Up 0.3 %

NASDAQ VNOM opened at $50.20 on Thursday. The firm has a market cap of $9.46 billion, a PE ratio of 21.55 and a beta of 1.73. Viper Energy has a 1-year low of $30.21 and a 1-year high of $56.76. The stock has a 50-day moving average of $51.57 and a 200-day moving average of $47.49. The company has a current ratio of 7.24, a quick ratio of 7.24 and a debt-to-equity ratio of 0.25.

Viper Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.39%. The ex-dividend date was Thursday, November 14th. Viper Energy’s dividend payout ratio is currently 51.50%.

Institutional Trading of Viper Energy

A number of hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC lifted its position in Viper Energy by 328.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 587 shares of the oil and gas producer’s stock valued at $26,000 after acquiring an additional 450 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Viper Energy by 208.1% during the third quarter. GAMMA Investing LLC now owns 681 shares of the oil and gas producer’s stock valued at $31,000 after purchasing an additional 460 shares during the last quarter. National Bank of Canada FI boosted its position in shares of Viper Energy by 524.8% in the 3rd quarter. National Bank of Canada FI now owns 1,387 shares of the oil and gas producer’s stock worth $63,000 after purchasing an additional 1,165 shares in the last quarter. Versant Capital Management Inc purchased a new stake in shares of Viper Energy in the 4th quarter worth approximately $94,000. Finally, Plato Investment Management Ltd increased its position in Viper Energy by 119.2% during the 2nd quarter. Plato Investment Management Ltd now owns 2,834 shares of the oil and gas producer’s stock valued at $106,000 after buying an additional 1,541 shares in the last quarter. Institutional investors own 87.72% of the company’s stock.

Viper Energy Company Profile

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.