Viper Energy Partners (VNOM) Receives Daily Coverage Optimism Rating of 0.09
Headlines about Viper Energy Partners (NASDAQ:VNOM) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Viper Energy Partners earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 46.8695905069794 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern’s scoring:
- Viper Energy Partners LP (VNOM) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
- Viper Energy Partners LP (VNOM) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Viper Energy Partners LP (VNOM) Given a $24.00 Price Target at Northland Securities (americanbankingnews.com)
- ETFs with exposure to Viper Energy Partners LP : November 13, 2017 (finance.yahoo.com)
A number of research analysts have recently commented on the stock. Zacks Investment Research cut shares of Viper Energy Partners from a “buy” rating to a “hold” rating in a report on Tuesday. Northland Securities set a $24.00 target price on shares of Viper Energy Partners and gave the stock a “buy” rating in a report on Monday. Citigroup Inc. raised their price objective on shares of Viper Energy Partners from $20.00 to $22.00 and gave the company a “buy” rating in a report on Monday, October 30th. Barclays PLC set a $21.00 price objective on shares of Viper Energy Partners and gave the company a “buy” rating in a report on Thursday, October 26th. Finally, Imperial Capital reiterated an “in-line” rating and issued a $23.00 price objective (up previously from $21.00) on shares of Viper Energy Partners in a report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $21.45.
Viper Energy Partners (NASDAQ VNOM) traded up $0.16 during trading hours on Thursday, reaching $18.96. 156,655 shares of the company’s stock were exchanged, compared to its average volume of 233,931. The firm has a market cap of $2,160.00, a P/E ratio of 21.83, a PEG ratio of 1.33 and a beta of 1.01. Viper Energy Partners has a twelve month low of $14.76 and a twelve month high of $20.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 8.92 and a quick ratio of 8.92.
Viper Energy Partners (NASDAQ:VNOM) last announced its quarterly earnings data on Tuesday, October 24th. The oil and gas producer reported $0.24 EPS for the quarter, topping the consensus estimate of $0.22 by $0.02. The company had revenue of $42.21 million during the quarter, compared to the consensus estimate of $40.88 million. Viper Energy Partners had a net margin of 60.87% and a return on equity of 12.08%. The company’s quarterly revenue was up 111.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.12 EPS. research analysts expect that Viper Energy Partners will post 0.97 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Tuesday, November 7th were given a dividend of $0.337 per share. This is an increase from Viper Energy Partners’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Monday, November 6th. This represents a $1.35 annualized dividend and a dividend yield of 7.11%. Viper Energy Partners’s dividend payout ratio (DPR) is 155.17%.
In other Viper Energy Partners news, Director Michael L. Hollis purchased 2,500 shares of Viper Energy Partners stock in a transaction that occurred on Friday, August 18th. The stock was acquired at an average price of $16.07 per share, with a total value of $40,175.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Viper Energy Partners Company Profile
Viper Energy Partners LP is engaged in owning, acquiring and exploiting oil and natural gas properties in North America. The Company’s assets are located in the Permian Basin of West Texas. As of December 31, 2016, the Permian Basin consisted of approximately 85,000 square miles. As of December 31, 2016, its assets consisted of mineral interests underlying 107,568 gross acres in the Permian Basin.
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