Q1 EPS Estimates for Viper Energy Lifted by Zacks Research

Viper Energy Inc. (NASDAQ:VNOMFree Report) – Zacks Research upped their Q1 2028 earnings estimates for Viper Energy in a research note issued to investors on Monday, July 13th. Zacks Research analyst Team now anticipates that the oil and gas producer will earn $0.49 per share for the quarter, up from their previous forecast of $0.47. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Viper Energy’s current full-year earnings is $2.45 per share. Zacks Research also issued estimates for Viper Energy’s Q2 2028 earnings at $0.42 EPS and FY2028 earnings at $1.97 EPS.

Viper Energy (NASDAQ:VNOMGet Free Report) last released its earnings results on Monday, May 4th. The oil and gas producer reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.12. Viper Energy had a negative net margin of 2.77% and a positive return on equity of 2.64%. The firm had revenue of $511.00 million during the quarter, compared to analyst estimates of $499.81 million. During the same quarter in the previous year, the business earned $0.54 EPS. The business’s quarterly revenue was up 108.6% compared to the same quarter last year.

A number of other analysts have also recently commented on the company. Citigroup upped their price target on Viper Energy from $52.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, March 31st. Wells Fargo & Company raised their price target on Viper Energy from $60.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Raymond James Financial lifted their price objective on Viper Energy from $60.00 to $61.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. Mizuho boosted their price objective on Viper Energy from $54.00 to $58.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. Finally, Barclays raised their target price on shares of Viper Energy from $58.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $58.15.

Check Out Our Latest Stock Analysis on VNOM

Viper Energy Price Performance

Shares of VNOM opened at $43.21 on Tuesday. The stock has a market cap of $15.51 billion, a P/E ratio of -135.03 and a beta of 0.40. Viper Energy has a 1 year low of $35.10 and a 1 year high of $51.13. The stock’s 50-day moving average price is $44.94 and its two-hundred day moving average price is $43.96. The company has a current ratio of 6.17, a quick ratio of 6.17 and a debt-to-equity ratio of 0.15.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in VNOM. Los Angeles Capital Management LLC acquired a new position in Viper Energy during the fourth quarter worth $27,000. Parallel Advisors LLC increased its stake in Viper Energy by 31.2% in the 1st quarter. Parallel Advisors LLC now owns 1,354 shares of the oil and gas producer’s stock valued at $64,000 after buying an additional 322 shares during the last quarter. UMB Bank n.a. bought a new stake in Viper Energy during the 4th quarter worth about $64,000. Nisa Investment Advisors LLC lifted its position in Viper Energy by 256.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,794 shares of the oil and gas producer’s stock worth $69,000 after buying an additional 1,291 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its stake in shares of Viper Energy by 50.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,940 shares of the oil and gas producer’s stock worth $75,000 after buying an additional 654 shares during the last quarter. Institutional investors and hedge funds 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, May 21st. Stockholders of record on Thursday, May 14th were issued a $0.38 dividend. The ex-dividend date was Thursday, May 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.5%. Viper Energy’s dividend payout ratio (DPR) is -475.00%.

About Viper Energy

(Get Free Report)

Viper Energy Partners LP is a publicly traded master limited partnership that owns and intends to acquire mineral and royalty interests in oil and natural gas properties. As a pass-through entity, Viper Energy Partners does not engage in drilling or production operations directly; instead, it generates revenues by holding overriding royalty interests, mineral fee interests and royalty fee interests. These interests entitle the partnership to receive a percentage of the proceeds from hydrocarbons produced and sold by third-party operators.

The partnership’s assets are concentrated in the Permian Basin, with a primary focus on the Delaware Basin region of West Texas and southeastern New Mexico.

Further Reading

Earnings History and Estimates for Viper Energy (NASDAQ:VNOM)

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