Capital One Financial Weighs in on Viper Energy Q4 Earnings

Viper Energy, Inc. (NASDAQ:VNOM) – Stock analysts at Capital One Financial cut their Q4 2024 earnings per share estimates for shares of Viper Energy in a research report issued to clients and investors on Wednesday, November 27th. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will post earnings of $0.45 per share for the quarter, down from their prior estimate of $0.52. The consensus estimate for Viper Energy’s current full-year earnings is $2.02 per share. Capital One Financial also issued estimates for Viper Energy’s Q1 2025 earnings at $0.76 EPS, Q2 2025 earnings at $0.49 EPS, Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $2.32 EPS and FY2026 earnings at $2.68 EPS.

Several other analysts also recently issued reports on VNOM. StockNews.com downgraded Viper Energy from a “hold” rating to a “sell” rating in a report on Tuesday, November 5th. Raymond James upped their price target on shares of Viper Energy from $58.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Barclays lifted their price objective on shares of Viper Energy from $52.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. TD Securities increased their target price on Viper Energy from $46.00 to $48.00 and gave the company a “buy” rating in a report on Thursday, September 12th. Finally, Roth Mkm raised their target price on Viper Energy from $46.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $55.78.

Viper Energy Price Performance

Shares of NASDAQ:VNOM opened at $53.94 on Thursday. The company has a market capitalization of $10.16 billion, a PE ratio of 23.15 and a beta of 1.72. The company has a debt-to-equity ratio of 0.25, a quick ratio of 7.24 and a current ratio of 7.24. The stock has a fifty day moving average of $51.27 and a 200-day moving average of $44.79. Viper Energy has a one year low of $29.03 and a one year high of $56.76.

Viper Energy (NASDAQ:VNOM) last announced 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. Viper Energy had a return on equity of 6.72% and a net margin of 24.65%. The business had revenue of $209.59 million during the quarter, compared to analysts’ expectations of $210.54 million. During the same quarter last year, the business posted $1.10 earnings per share. The company’s quarterly revenue was down 28.5% on a year-over-year basis.

Viper Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date was Thursday, November 14th. Viper Energy’s dividend payout ratio (DPR) is presently 51.50%.

Institutional Investors Weigh In On Viper Energy

Several large investors have recently made changes to their positions in the company. New York State Teachers Retirement System acquired a new stake in Viper Energy in the 3rd quarter worth approximately $984,000. Amalgamated Bank acquired a new stake in shares of Viper Energy in the second quarter worth $616,000. Assenagon Asset Management S.A. boosted its holdings in shares of Viper Energy by 326.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 760,830 shares of the oil and gas producer’s stock worth $28,554,000 after buying an additional 582,247 shares during the period. Summit Global Investments acquired a new position in Viper Energy in the 3rd quarter valued at $706,000. Finally, Louisiana State Employees Retirement System bought a new position in Viper Energy in the 3rd quarter worth $1,268,000. Institutional investors own 87.72% of the company’s stock.

Viper Energy Company Profile

Viper Energy, Inc owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America. Viper Energy Partners GP LLC operates as the general partner of the company. The company was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc in November 2023.