Viper Energy (NASDAQ:VNOM) Stock Rating Upgraded by Zacks Research

Viper Energy (NASDAQ:VNOM) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday, Zacks reports. Zacks Research also issued estimates for Viper Energy’s Q2 2028 earnings at $0.58 EPS, Q3 2028 earnings at $0.62 EPS and FY2028 earnings at $2.38 EPS.

VNOM has been the topic of a number of other research reports. Johnson Rice began coverage on shares of Viper Energy in a research report on Monday, August 3rd. They set an “accumulate” rating and a $55.00 price target on the stock. TD Cowen reissued a “buy” rating on shares of Viper Energy in a research report on Tuesday, August 4th. Wall Street Zen raised Viper Energy from a “hold” rating to a “buy” rating in a research note on Saturday. Mizuho cut their target price on Viper Energy from $58.00 to $56.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Viper Energy in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $56.93.

Viper Energy Stock Up 1.8%

Viper Energy stock opened at $41.59 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 6.37 and a current ratio of 6.37. Viper Energy has a 52-week low of $35.10 and a 52-week high of $51.13. The firm has a 50 day moving average price of $43.05 and a two-hundred day moving average price of $44.64. The firm has a market cap of $14.94 billion, a price-to-earnings ratio of 319.95 and a beta of 0.50.

Viper Energy (NASDAQ:VNOM) last posted its quarterly earnings data on Monday, August 3rd. The oil and gas producer reported $0.76 EPS for the quarter, meeting analysts’ consensus estimates of $0.76. Viper Energy had a net margin of 2.89% and a return on equity of 3.43%. The company had revenue of $677.00 million for the quarter, compared to analyst estimates of $643.45 million. During the same period in the prior year, the firm posted $0.41 EPS. The company’s quarterly revenue was up 127.9% on a year-over-year basis. Equities analysts predict that Viper Energy will post 2.72 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. IFP Advisors Inc grew its holdings in shares of Viper Energy by 1,250.0% in the second quarter. IFP Advisors Inc now owns 945 shares of the oil and gas producer’s stock valued at $40,000 after acquiring an additional 875 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Viper Energy during the 2nd quarter valued at $56,000. Parallel Advisors LLC increased its position in shares of Viper Energy by 31.2% during the 1st quarter. Parallel Advisors LLC now owns 1,354 shares of the oil and gas producer’s stock valued at $64,000 after purchasing an additional 322 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Viper Energy by 20.0% during the 2nd quarter. Versant Capital Management Inc now owns 2,481 shares of the oil and gas producer’s stock worth $105,000 after purchasing an additional 413 shares during the period. Finally, Inspire Investing LLC bought a new stake in shares of Viper Energy during the 1st quarter worth $199,000. 87.72% of the stock is owned by institutional investors.

More Viper Energy News

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

• Positive Sentiment: Zacks upgraded Viper Energy from “Hold” to “Strong Buy,” citing growing optimism about the company’s earnings prospects. Viper Energy Upgraded to Strong Buy
• Positive Sentiment: Zacks raised its Viper Energy EPS forecasts for the second and third quarters of 2028 to $0.58 and $0.62, respectively, from $0.57 and $0.61. Its full-year 2028 estimate also increased to $2.38 from $2.34, signaling modestly improved long-term earnings expectations. Zacks Research Forecasts Increased Earnings for Viper Energy
• Positive Sentiment: Barclays continues to rate Viper Energy a “Buy,” providing additional support for the favorable analyst view of VNOM. Barclays Remains a Buy on Viper Energy

About Viper Energy

Viper Energy, Inc (NASDAQ: VNOM) is an oil and gas company that owns and acquires mineral, royalty and overriding royalty interests in properties operated primarily by other exploration and production companies. Its interests provide exposure to production from wells without requiring Viper to fund most drilling and completion activities.

The company’s assets are concentrated in the Permian Basin of West Texas and southeastern New Mexico, including the Midland and Delaware sub-basins. Viper’s interests are associated mainly with oil and natural gas development and generate revenue from its share of production, while its broad and diversified ownership position spans numerous wells and acreage holdings.

Viper Energy was established as Viper Energy Partners and became a publicly traded master limited partnership in 2014.