Roth Capital Weighs in on Viper Energy, Inc.’s Q4 2024 Earnings (NASDAQ:VNOM)

Viper Energy, Inc. (NASDAQ:VNOM) – Stock analysts at Roth Capital reduced their Q4 2024 earnings per share estimates for shares of Viper Energy in a research note issued on Thursday, September 12th. Roth Capital analyst L. Mariani now forecasts that the oil and gas producer will post earnings of $0.31 per share for the quarter, down from their previous estimate of $0.32. The consensus estimate for Viper Energy’s current full-year earnings is $2.09 per share. Roth Capital also issued estimates for Viper Energy’s Q3 2025 earnings at $0.37 EPS and Q4 2025 earnings at $0.40 EPS.

Several other equities research analysts also recently issued reports on the stock. Evercore ISI raised their price objective on shares of Viper Energy from $37.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, July 8th. Piper Sandler lifted their price target on Viper Energy from $44.00 to $57.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. TD Securities boosted their price objective on Viper Energy from $46.00 to $48.00 and gave the stock a “buy” rating in a report on Thursday. Barclays boosted their target price on Viper Energy from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 6th. Finally, Truist Financial boosted their target price on Viper Energy from $54.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $48.17.

Viper Energy Trading Down 0.9 %

Shares of VNOM stock opened at $42.97 on Friday. Viper Energy has a 12 month low of $26.73 and a 12 month high of $49.37. The company has a quick ratio of 7.06, a current ratio of 7.06 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $44.15 and its two-hundred day moving average is $39.98. The company has a market cap of $7.60 billion, a PE ratio of 15.80 and a beta of 1.73.

Viper Energy (NASDAQ:VNOM) last posted its quarterly earnings results on Monday, August 5th. The oil and gas producer reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.19. The business had revenue of $216.71 million during the quarter, compared to analyst estimates of $216.28 million. Viper Energy had a net margin of 25.63% and a return on equity of 8.46%. The firm’s revenue was up 34.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.47 earnings per share.

Viper Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend was Thursday, August 15th. Viper Energy’s dividend payout ratio (DPR) is presently 44.12%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jump Financial LLC acquired a new stake in Viper Energy in the fourth quarter valued at about $350,000. Dynamic Technology Lab Private Ltd grew its stake in Viper Energy by 139.5% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 19,841 shares of the oil and gas producer’s stock worth $622,000 after purchasing an additional 11,556 shares during the period. Eagle Global Advisors LLC grew its stake in Viper Energy by 26.2% in the fourth quarter. Eagle Global Advisors LLC now owns 43,400 shares of the oil and gas producer’s stock valued at $1,362,000 after acquiring an additional 9,000 shares during the period. TD Asset Management Inc purchased a new position in shares of Viper Energy during the fourth quarter valued at approximately $24,448,000. Finally, Stephens Investment Management Group LLC boosted its position in shares of Viper Energy by 54.7% during the fourth quarter. Stephens Investment Management Group LLC now owns 1,753,922 shares of the oil and gas producer’s stock valued at $55,038,000 after buying an additional 620,470 shares during the last quarter. 87.72% of the stock is owned by institutional investors and hedge funds.

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.