Zacks Research Has Positive View of Viper Energy Q2 Earnings

Viper Energy Inc. (NASDAQ:VNOM – Free Report) – Equities research analysts at Zacks Research lifted their Q2 2028 earnings estimates for shares of Viper Energy in a research report issued to clients and investors on Tuesday, October 6th. Zacks Research analyst Team now anticipates 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 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 topic of several other research reports. Roth Capital restated a “buy” rating on shares of Viper Energy in a research report on Tuesday, August 4th. TD increased their price objective on shares of Viper Energy from $58.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Seaport Research Partners began coverage on Viper Energy in a research note on Thursday, September 3rd. They issued a “buy” rating and a $45.00 target price on the stock. Truist Financial dropped their target price on shares of Viper Energy from $58.00 to $52.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Finally, Barclays lowered their target price on Viper Energy from $60.00 to $58.00 and set an “overweight” rating for the company in a report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Viper Energy currently has a consensus rating of “Buy” and a consensus target price of $56.93.

Get Our Latest Stock Analysis on Viper Energy

Viper Energy Price Performance

NASDAQ:VNOM opened at $41.07 on Wednesday. The business’s 50-day moving average is $43.01 and its 200 day moving average is $44.59. Viper Energy has a 12 month low of $35.10 and a 12 month high of $51.13. The company has a market capitalization of $14.75 billion, a P/E ratio of 315.95 and a beta of 0.50. The company has a current ratio of 6.37, a quick ratio of 6.37 and a debt-to-equity ratio of 0.16.

Viper Energy (NASDAQ:VNOM – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The oil and gas producer reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Viper Energy had a net margin of 2.89% and a return on equity of 3.43%. The firm had revenue of $677.00 million for the quarter, compared to analysts’ expectations of $643.45 million. During the same quarter last year, the business posted $0.41 earnings per share. The company’s revenue for the quarter was up 127.9% compared to the same quarter last year.

Viper Energy Announces Dividend

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

Institutional Trading of Viper Energy

Large investors have recently made changes to their positions in the business. Bornite Capital Management LP lifted its holdings in shares of Viper Energy by 50.0% in the 4th quarter. Bornite Capital Management LP now owns 1,500,000 shares of the oil and gas producer’s stock valued at $57,945,000 after buying an additional 500,000 shares during the period. Stephens Investment Management Group LLC raised its position in Viper Energy by 8.2% during the first quarter. Stephens Investment Management Group LLC now owns 1,231,728 shares of the oil and gas producer’s stock worth $57,879,000 after acquiring an additional 93,498 shares during the period. Bank of New York Mellon Corp lifted its holdings in Viper Energy by 13.5% during the first quarter. Bank of New York Mellon Corp now owns 1,223,344 shares of the oil and gas producer’s stock valued at $57,485,000 after purchasing an additional 145,221 shares in the last quarter. Encompass Capital Advisors LLC purchased a new stake in Viper Energy during the 4th quarter worth approximately $52,087,000. Finally, Recurrent Investment Advisors LLC grew its holdings in shares of Viper Energy by 36.9% during the first quarter. Recurrent Investment Advisors LLC now owns 989,318 shares of the oil and gas producer’s stock worth $46,488,000 after buying an additional 266,703 shares in the last quarter. 87.72% of the stock is 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 a Strong Buy. The upgrade reflects growing optimism about the oil and gas producer’s earnings outlook and could support investor interest. Zacks Viper Energy upgrade article
  • Positive Sentiment: Zacks raised several long-term earnings forecasts. Its estimates increased to $0.58 per share for the second quarter of 2028, $0.62 for the third quarter, and $2.38 for full-year 2028, from $0.57, $0.61, and $2.34, respectively. Zacks earnings forecast article
  • Positive Sentiment: Barclays maintained its Buy rating on Viper Energy, reinforcing the constructive analyst view. Barclays Viper Energy rating article
  • Neutral Sentiment: Analyst-rating reports are inconsistent. While Zacks’ official release cites a Strong Buy, some syndicated research notes still list a Hold rating, which may limit the impact of the upgrade until broader analyst consensus changes. American Banking News Viper Energy upgrade article
  • Neutral Sentiment: November 2 earnings will be the next major catalyst. Investors will look for results relative to the current full-year consensus estimate of $2.72 per share, as well as management commentary on oil and gas production and commodity prices. Viper Energy November 2 results article

About Viper Energy

(Get Free Report)

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.

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Earnings History and Estimates for Viper Energy (NASDAQ:VNOM)

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