Zacks Research Has Negative View of Viper Energy Q4 Earnings

Viper Energy, Inc. (NASDAQ:VNOM) – Equities research analysts at Zacks Research reduced their Q4 2024 earnings per share (EPS) estimates for shares of Viper Energy in a research report issued on Monday, November 25th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings of $0.33 per share for the quarter, down from their previous forecast of $0.35. 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 Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.39 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.53 EPS, Q2 2026 earnings at $0.43 EPS and Q3 2026 earnings at $0.51 EPS.

Several other equities analysts have also weighed in on VNOM. TD Securities lifted their price target on Viper Energy from $46.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, September 12th. Roth Mkm boosted their price objective on Viper Energy from $46.00 to $53.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Barclays increased their target price on Viper Energy from $52.00 to $58.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Raymond James upped their price objective on shares of Viper Energy from $58.00 to $62.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Finally, JPMorgan Chase & Co. lifted their target price on shares of Viper Energy from $41.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.78.

Viper Energy Stock Down 0.6 %

VNOM stock opened at $53.94 on Wednesday. Viper Energy has a one year low of $29.03 and a one year high of $56.76. The company has a debt-to-equity ratio of 0.25, a quick ratio of 7.24 and a current ratio of 7.24. The firm’s fifty day moving average is $51.10 and its 200 day moving average is $44.72. The firm has a market cap of $10.16 billion, a PE ratio of 23.15 and a beta of 1.72.

Viper Energy (NASDAQ:VNOM) last released its quarterly earnings data on Monday, November 4th. The oil and gas producer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $209.59 million for the quarter, compared to analyst estimates of $210.54 million. Viper Energy had a return on equity of 6.72% and a net margin of 24.65%. The business’s quarterly revenue was down 28.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.10 EPS.

Viper Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Thursday, November 14th. Viper Energy’s dividend payout ratio is currently 51.50%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. New York State Teachers Retirement System purchased a new stake in shares of Viper Energy in the third quarter valued at about $984,000. Amalgamated Bank purchased a new stake in shares of Viper Energy in the 2nd quarter valued at approximately $616,000. Vanguard Group Inc. increased its holdings in shares of Viper Energy by 23.3% during the 1st quarter. Vanguard Group Inc. now owns 8,481,119 shares of the oil and gas producer’s stock worth $326,184,000 after buying an additional 1,603,333 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Viper Energy by 326.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 760,830 shares of the oil and gas producer’s stock valued at $28,554,000 after buying an additional 582,247 shares during the period. Finally, Summit Global Investments acquired a new position in Viper Energy in the third quarter valued at approximately $706,000. Hedge funds and other institutional investors own 87.72% of the company’s stock.

About Viper Energy

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.