Zacks Research Raises Earnings Estimates for Viper Energy

Viper Energy Inc. (NASDAQ:VNOM) – Equities research analysts at Zacks Research upped their Q2 2027 earnings estimates for shares of Viper Energy in a research note issued to investors on Thursday, April 16th. Zacks Research analyst Team now forecasts that the oil and gas producer will earn $0.25 per share for the quarter, up from their previous forecast of $0.17. The consensus estimate for Viper Energy’s current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Viper Energy’s Q4 2027 earnings at $0.37 EPS.

VNOM has been the topic of several other reports. Wall Street Zen upgraded shares of Viper Energy from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Wells Fargo & Company increased their price target on shares of Viper Energy from $51.00 to $52.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. KeyCorp increased their price target on shares of Viper Energy from $56.00 to $65.00 and gave the stock an “overweight” rating in a report on Thursday, April 2nd. TD Securities increased their price target on shares of Viper Energy from $54.00 to $55.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Finally, Mizuho increased their price target on shares of Viper Energy from $52.00 to $53.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Viper Energy currently has a consensus rating of “Buy” and a consensus target price of $54.47.

Viper Energy Stock Performance

NASDAQ VNOM opened at $45.40 on Friday. Viper Energy has a 1 year low of $35.10 and a 1 year high of $49.08. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.72 and a quick ratio of 3.72. The stock has a market capitalization of $16.23 billion, a PE ratio of -197.38, a P/E/G ratio of 1.02 and a beta of 0.50. The company’s 50 day simple moving average is $45.55 and its two-hundred day simple moving average is $40.76.

Viper Energy (NASDAQ:VNOM) last posted its earnings results on Monday, February 23rd. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. Viper Energy had a negative net margin of 4.87% and a positive return on equity of 2.62%. The business had revenue of $435.00 million for the quarter, compared to analysts’ expectations of $415.51 million. During the same period in the prior year, the company posted $2.04 EPS. The business’s revenue for the quarter was up 87.6% compared to the same quarter last year.

Hedge Funds Weigh In On Viper Energy

A number of institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC increased its holdings in shares of Viper Energy by 37.2% in the 1st quarter. SG Americas Securities LLC now owns 790,772 shares of the oil and gas producer’s stock worth $37,158,000 after buying an additional 214,478 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of Viper Energy by 3.8% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 55,052 shares of the oil and gas producer’s stock valued at $2,587,000 after purchasing an additional 2,010 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of Viper Energy by 1,672.3% during the 4th quarter. Pacer Advisors Inc. now owns 394,067 shares of the oil and gas producer’s stock valued at $15,223,000 after purchasing an additional 371,832 shares during the last quarter. Alberta Investment Management Corp bought a new position in shares of Viper Energy during the 4th quarter valued at $1,398,000. Finally, Strive Financial Group LLC bought a new position in shares of Viper Energy during the 4th quarter valued at $97,000. Institutional investors own 87.72% of the company’s stock.

Viper Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Thursday, March 5th. This is a positive change from Viper Energy’s previous quarterly dividend of $0.33. Viper Energy’s payout ratio is currently -660.87%.

Viper Energy Company Profile

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.