Capital One Financial Weighs in on Viper Energy Q4 Earnings

Viper Energy, Inc. (NASDAQ:VNOM) – Stock analysts at Capital One Financial boosted their Q4 2024 earnings per share estimates for shares of Viper Energy in a research note issued to investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will post earnings per share of $0.46 for the quarter, up from their prior forecast of $0.45. The consensus estimate for Viper Energy’s current full-year earnings is $2.01 per share. Capital One Financial also issued estimates for Viper Energy’s Q1 2025 earnings at $0.87 EPS, Q2 2025 earnings at $0.60 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.66 EPS and FY2025 earnings at $2.77 EPS.

A number of other brokerages have also recently issued reports on VNOM. StockNews.com cut shares of Viper Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, November 5th. Bank of America initiated coverage on Viper Energy in a report on Tuesday, November 26th. They set a “buy” rating and a $64.00 price target for the company. JPMorgan Chase & Co. raised their price objective on Viper Energy from $43.00 to $51.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Truist Financial boosted their target price on Viper Energy from $57.00 to $64.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Finally, Barclays raised their price target on shares of Viper Energy from $52.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $59.36.

Viper Energy Price Performance

VNOM stock opened at $49.65 on Monday. The company’s 50-day moving average price is $51.52 and its two-hundred day moving average price is $47.73. Viper Energy has a 12 month low of $30.21 and a 12 month high of $56.76. The company has a quick ratio of 7.24, a current ratio of 7.24 and a debt-to-equity ratio of 0.25. The firm has a market cap of $9.35 billion, a P/E ratio of 21.31 and a beta of 1.73.

Viper Energy (NASDAQ:VNOM) last issued its quarterly 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 return on equity of 6.72% and a net margin of 24.65%. 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 business earned $1.10 earnings per share. Viper Energy’s revenue was down 28.5% on a year-over-year basis.

Institutional Trading of Viper Energy

Several hedge funds have recently modified their holdings of VNOM. State Street Corp boosted its stake in Viper Energy by 78.2% during the third quarter. State Street Corp now owns 3,833,257 shares of the oil and gas producer’s stock worth $172,918,000 after acquiring an additional 1,682,183 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Viper Energy by 12.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,085,841 shares of the oil and gas producer’s stock valued at $78,282,000 after buying an additional 224,021 shares during the period. Geode Capital Management LLC increased its position in Viper Energy by 16.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,698,661 shares of the oil and gas producer’s stock valued at $76,647,000 after buying an additional 234,048 shares in the last quarter. Merewether Investment Management LP raised its stake in Viper Energy by 22.9% during the 3rd quarter. Merewether Investment Management LP now owns 860,600 shares of the oil and gas producer’s stock worth $38,822,000 after buying an additional 160,600 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Viper Energy by 11.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 625,261 shares of the oil and gas producer’s stock worth $28,206,000 after acquiring an additional 66,222 shares in the last quarter. Institutional investors own 87.72% of the company’s stock.

Viper Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend was Thursday, November 14th. Viper Energy’s dividend payout ratio is 51.50%.

About Viper Energy

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.