Viper Energy, Inc. (NASDAQ:VNOM – Free Report) – Research analysts at Roth Capital decreased their Q1 2025 earnings per share (EPS) estimates for Viper Energy in a note issued to investors on Tuesday, February 25th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will earn $0.26 per share for the quarter, down from their prior estimate of $0.27. The consensus estimate for Viper Energy’s current full-year earnings is $2.02 per share.
Other research analysts have also issued reports about the company. Evercore ISI increased their price objective on Viper Energy from $45.00 to $58.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 8th. Bank of America started coverage on Viper Energy in a research report on Tuesday, November 26th. They set a “buy” rating and a $64.00 price target on the stock. KeyCorp raised Viper Energy from a “sector weight” rating to an “overweight” rating and set a $62.00 target price on the stock in a research report on Friday, December 13th. StockNews.com raised Viper Energy from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, The Goldman Sachs Group started coverage on Viper Energy in a research note on Monday, December 2nd. They issued a “buy” rating and a $70.00 price target for the company. One equities research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $59.55.
Viper Energy Stock Performance
Shares of NASDAQ VNOM opened at $45.54 on Wednesday. The company has a current ratio of 7.24, a quick ratio of 7.24 and a debt-to-equity ratio of 0.25. The business has a fifty day simple moving average of $49.00 and a 200 day simple moving average of $49.49. Viper Energy has a one year low of $34.45 and a one year high of $56.76. The firm has a market capitalization of $9.70 billion, a price-to-earnings ratio of 19.55 and a beta of 1.71.
Institutional Investors Weigh In On Viper Energy
Institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in Viper Energy in the fourth quarter worth approximately $95,505,000. State Street Corp increased its position in shares of Viper Energy by 78.2% during the third quarter. State Street Corp now owns 3,833,257 shares of the oil and gas producer’s stock valued at $172,918,000 after acquiring an additional 1,682,183 shares during the last quarter. Yaupon Capital Management LP purchased a new stake in Viper Energy in the third quarter worth $18,044,000. Freestone Grove Partners LP purchased a new stake in Viper Energy in the fourth quarter worth $19,469,000. Finally, T. Rowe Price Investment Management Inc. increased its position in Viper Energy by 20.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,309,425 shares of the oil and gas producer’s stock worth $113,324,000 after buying an additional 389,473 shares during the last quarter. Institutional investors own 87.72% of the company’s stock.
Viper Energy Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, March 6th will be given a $0.65 dividend. The ex-dividend date is Thursday, March 6th. This is a positive change from Viper Energy’s previous dividend of $0.22. Viper Energy’s payout ratio is 32.70%.
Viper Energy Company Profile
Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.
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