What is the upside for Viper Energy Partners (Vnom) stock?
Their VNOM stock forecasts range from $31.00 to $45.00. On average, they anticipate Viper Energy Partners' stock price to reach $37.00 in the next twelve months. This suggests a possible upside of 28.5% from the stock's current price. View analysts' price targets for Viper Energy Partners or view top-rated stocks among Wall Street analysts.
What does Vnom stand for?
Viper Energy Partners (VNOM) intends to employ its cash on hand, free operating cashflows and proceeds from assets divestments for repurchasing units under the buyback program.
When do the Vnom earnings call for 2019?
VNOM earnings call for the period ending December 31, 2019. VNOM earnings call for the period ending September 30, 2019. VNOM earnings call for the period ending June 30, 2019. VNOM earnings call for the period ending October 31, 2021.
Is VNOM stock a good buy?
The consensus among 5 Wall Street analysts covering (NASDAQ: VNOM) stock is to Strong Buy VNOM stock.
Is Viper a good stock?
Viper Energy Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
What does VNOM do?
Viper Energy Partners (NASDAQ:VNOM) is a royalty company that is controlled by Diamondback Energy (FANG). As a royalty company, Viper bears none of the upstream risks of dry wells prematurely going dry or any other disappointments.
What does Viper Energy Partners do?
We are a publicly traded Delaware limited partnership formed by Diamondback to own and acquire mineral and royalty interests in oil and natural gas properties primarily in the Permian Basin. Since May 10, 2018, we have been treated as a corporation for U.S. federal income tax purposes.
Whats a good PEG ratio?
What Is a Good PEG Ratio? As a general rule, a PEG ratio of 1.0 or lower suggests a stock is fairly priced or even undervalued. A PEG ratio above 1.0 suggests a stock is overvalued.
What is book value of a stock?
The book value of a stock is theoretically the amount of money that would be paid to shareholders if the company was liquidated and paid off all of its liabilities. As a result, the book value equals the difference between a company's total assets and total liabilities.
Is VNOM a MLP?
Midstream excludes companies such as Viper Energy Partners (VNOM) — a mineral interest MLP that announced in March that it would change its tax status to become a taxable entity.
Is Viper energy a MLP?
Midland, TX-based Viper Energy Partners LP is a variable distribution MLP and is a subsidiary of Diamondback Energy — an independent oil & gas exploration and production company. The partnership has mineral interest in prolific oil-rich shale plays like the Eagle Ford and Permian Basin.
Is Viper Energy Partners an MLP?
Viper Energy Partners LP is a variable distribution MLP. With direct mineral interest ownership in Midland County in the heart of the Permian Basin, Viper has no direct operating or capex.
How much of Viper does Diamondback own?
In the Permian basin and Eagle Ford Shale the 26,708 net royalty acres with 44 rigs currently operating on Viper's acreage is largely undeveloped (less than 25%) and entirely operated by Diamondback.
Does Viper Energy Partners issue a K-1?
Effective May 10, 2018, Viper is a 1099 security and investors will not receive a K-1.
Is VNOM a limited partnership?
Viper Energy Partners Lp (VNOM)- LIMITED PARTNERSHIP ACQUIRES AND DEVELOPS OIL AND NATURAL GAS PROPERTIES IN PERMIAN BASIN IN WEST TEXAS.
Should I buy or sell Viper Energy Partners stock right now?
6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Viper Energy Partners in the last year. There are currently 6 buy...
What is Viper Energy Partners' stock price forecast for 2022?
6 brokerages have issued twelve-month target prices for Viper Energy Partners' stock. Their forecasts range from $22.00 to $45.00. On average, they...
How has Viper Energy Partners' stock price performed in 2022?
Viper Energy Partners' stock was trading at $21.31 on January 1st, 2022. Since then, VNOM shares have increased by 61.0% and is now trading at $34....
Are investors shorting Viper Energy Partners?
Viper Energy Partners saw a decrease in short interest in May. As of May 31st, there was short interest totaling 999,700 shares, a decrease of 18.1...
When is Viper Energy Partners' next earnings date?
Viper Energy Partners is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022. View our earnings forecast for...
How were Viper Energy Partners' earnings last quarter?
Viper Energy Partners LP (NASDAQ:VNOM) announced its quarterly earnings data on Monday, May, 2nd. The oil and gas producer reported $0.23 EPS for t...
How often does Viper Energy Partners pay dividends? What is the dividend yield for Viper Energy Partners?
Viper Energy Partners announced a quarterly dividend on Monday, May 2nd. Stockholders of record on Thursday, May 12th will be paid a dividend of $0...
Is Viper Energy Partners a good dividend stock?
Viper Energy Partners(NASDAQ:VNOM) pays an annual dividend of $2.68 per share and currently has a dividend yield of 7.76%. VNOM has a dividend yiel...
Who are Viper Energy Partners' key executives?
Viper Energy Partners' management team includes the following people: Mr. Travis D. Stice , CEO & Director of Viper Energy Partners GP LLC (Age...
What is the Viper Energy Partners ticker symbol?
Viper Energy Partners trades on the NASDAQ under the ticker symbol "VNOM."
What is the dividend payout ratio of Viper Energy Partners?
Based on EPS estimates, Viper Energy Partners will have a dividend payout ratio of 217.39% in the coming year. This indicates that Viper Energy Partners may not be able to sustain their current dividend.
When will Viper Energy Partners release its earnings?
Viper Energy Partners is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021. View our earnings forecast for Viper Energy Partners.
What is the rating of Viper Energy Partners?
Viper Energy Partners has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
What are the different grades for stocks?
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
How many X is Zacks?
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
When will Vnom earnings end?
VNOM earnings call for the period ending June 30, 2021.
What is governance score?
The governance score is comprised of weighted key performance indicators related to leadership, management, and business model.
How does MarketBeat calculate stock ratings?
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
Does Viper Energy Partners outperform?
66.43% of MarketBeat users gave Viper Energy Partners an outperform vote while oils/energy companies recieve an average of 65.05% outperform votes by MarketBeat users.
How much is Viper Energy Partners stock worth in 2021?
The Viper Energy Partners LP stock price gained 0.70% on the last trading day (Wednesday, 30th Jun 2021), rising from $18.70 to $18.83. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.25% from a day low at $18.64 to a day high of $19.06. The price has risen in 5 of the last 10 days, but is still down by -0.89% for this period. Volume fell on the last day by -181 thousand shares and in total, 207 thousand shares were bought and sold for approximately $3.90 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
Where is Viper Energy located?
The company holds mineral interests covering an area of approximately 17,060 net acres in the Permian Basin, West Texas. As of December 31, 2015, its estimated proved oil and natural gas reserves consisted of 26,345 barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. Viper Energy Partners... Read more
Is Viper Energy Partners a sell candidate?
Viper Energy Partners LP holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate ( hold or accumulate) in this position whilst awaiting further development.