Q2 EPS Estimates for Viper Energy Lifted by Zacks Research

Viper Energy Inc. (NASDAQ:VNOM) – Stock analysts at Zacks Research boosted their Q2 2028 earnings per share estimates for shares of Viper Energy in a research note issued to investors on Tuesday, October 6th. Zacks Research analyst Team now expects that the oil and gas producer will post earnings per share of $0.58 for the quarter, up from their prior forecast of $0.57. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Viper Energy’s current full-year earnings is $2.72 per share. Zacks Research also issued estimates for Viper Energy’s Q3 2028 earnings at $0.62 EPS and FY2028 earnings at $2.38 EPS.

VNOM has been the subject of several other research reports. TD Cowen reissued a “buy” rating on shares of Viper Energy in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Viper Energy in a research report on Friday, July 17th. Truist Financial lowered their price target on Viper Energy from $58.00 to $52.00 and set a “buy” rating for the company in a report on Monday, July 20th. Johnson Rice started coverage on Viper Energy in a research report on Monday, August 3rd. They issued an “accumulate” rating and a $55.00 price objective on the stock. Finally, Raymond James Financial set a $57.00 price objective on Viper Energy in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $56.93.

Viper Energy Trading Up 3.8%

Shares of VNOM stock opened at $42.63 on Wednesday. The stock has a market cap of $15.31 billion, a price-to-earnings ratio of 327.95 and a beta of 0.50. The company has a quick ratio of 6.37, a current ratio of 6.37 and a debt-to-equity ratio of 0.16. Viper Energy has a fifty-two week low of $35.10 and a fifty-two week high of $51.13. The firm’s 50 day moving average price is $42.99 and its two-hundred day moving average price is $44.56.

Viper Energy (NASDAQ:VNOM) last issued its earnings results on Monday, August 3rd. The oil and gas producer reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. The business had revenue of $677.00 million during the quarter, compared to analysts’ expectations of $643.45 million. Viper Energy had a return on equity of 3.43% and a net margin of 2.89%.The company’s revenue for the quarter was up 127.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 EPS.

Viper Energy Announces Dividend

The company also recently announced a special dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 13th were given a dividend of $0.29 per share. This represents a dividend yield of 281.0%. The ex-dividend date of this dividend was Thursday, August 13th. Viper Energy’s payout ratio is presently 1,169.23%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Stephens Inc. AR grew its stake in Viper Energy by 1.8% during the 1st quarter. Stephens Inc. AR now owns 13,720 shares of the oil and gas producer’s stock valued at $645,000 after purchasing an additional 245 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of Viper Energy by 1.2% in the 1st quarter. Kestra Advisory Services LLC now owns 21,849 shares of the oil and gas producer’s stock valued at $1,027,000 after purchasing an additional 268 shares in the last quarter. Arizona State Retirement System raised its position in shares of Viper Energy by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 52,276 shares of the oil and gas producer’s stock valued at $2,217,000 after purchasing an additional 312 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Viper Energy by 31.2% during the 1st quarter. Parallel Advisors LLC now owns 1,354 shares of the oil and gas producer’s stock valued at $64,000 after buying an additional 322 shares during the last quarter. Finally, Apollon Wealth Management LLC boosted its stake in shares of Viper Energy by 1.8% during the 1st quarter. Apollon Wealth Management LLC now owns 21,036 shares of the oil and gas producer’s stock valued at $988,000 after buying an additional 368 shares during the last quarter. 87.72% of the stock is currently owned by hedge funds and other institutional investors.

Viper Energy News Roundup

Here are the key news stories impacting Viper Energy this week:

• Positive Sentiment: Zacks upgraded Viper Energy to “Strong Buy” from “Hold,” providing a more favorable view of the stock and potentially supporting buying interest. Viper Energy upgraded at Zacks Research
• Positive Sentiment: Zacks raised its Q4 2027 EPS forecast to $0.55 from $0.51, Q1 2028 EPS to $0.56 from $0.55, and FY2028 EPS to $2.38 from $2.34. These increases suggest improving expectations for future earnings. Zacks Research forecasts increased earnings for Viper Energy
• Neutral Sentiment: Viper Energy is heading toward its November 2 earnings report, which could provide a fresh catalyst and clarify production, commodity-price and cash-flow trends. Viper Energy stock heads toward November 2 results
• Neutral Sentiment: A comparison of Viper Energy with Marine Petroleum Trust provides sector context but does not identify a specific new operational or financial development for VNOM. Financial review of Viper Energy and Marine Petroleum Trust
• Negative Sentiment: Zacks cut its FY2027 EPS forecast to $2.22 from $2.29, with reductions for Q1 2027 to $0.55 from $0.64, Q2 to $0.57 from $0.58 and Q3 to $0.54 from $0.56. The revisions indicate some near-term pressure despite the Strong Buy rating.

Viper Energy Company Profile

Viper Energy, Inc (NASDAQ: VNOM) is an oil and gas company that owns and acquires mineral, royalty and overriding royalty interests in properties operated primarily by other exploration and production companies. Its interests provide exposure to production from wells without requiring Viper to fund most drilling and completion activities.

The company’s assets are concentrated in the Permian Basin of West Texas and southeastern New Mexico, including the Midland and Delaware sub-basins. Viper’s interests are associated mainly with oil and natural gas development and generate revenue from its share of production, while its broad and diversified ownership position spans numerous wells and acreage holdings.

Viper Energy was established as Viper Energy Partners and became a publicly traded master limited partnership in 2014.