Capital One Financial Forecasts Viper Energy Q4 Earnings

Viper Energy, Inc. (NASDAQ:VNOM) – Stock analysts at Capital One Financial cut their Q4 2024 EPS estimates for shares of Viper Energy in a report released on Wednesday, November 27th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings of $0.45 per share for the quarter, down from their previous estimate of $0.52. The consensus estimate for Viper Energy’s current full-year earnings is $2.02 per share. Capital One Financial also issued estimates for Viper Energy’s Q1 2025 earnings at $0.76 EPS, Q2 2025 earnings at $0.49 EPS, Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $2.32 EPS and FY2026 earnings at $2.68 EPS.

Viper Energy (NASDAQ:VNOM) last released its quarterly earnings data on Monday, November 4th. The oil and gas producer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Viper Energy had a return on equity of 6.72% and a net margin of 24.65%. The company had revenue of $209.59 million for the quarter, compared to the consensus estimate of $210.54 million. During the same period in the previous year, the business earned $1.10 earnings per share. The company’s quarterly revenue was down 28.5% on a year-over-year basis.

A number of other research analysts have also recently issued reports on the company. StockNews.com cut Viper Energy from a “hold” rating to a “sell” rating in a report on Tuesday, November 5th. JPMorgan Chase & Co. lifted their price target on shares of Viper Energy from $41.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd. TD Securities boosted their price target on shares of Viper Energy from $46.00 to $48.00 and gave the company a “buy” rating in a research report on Thursday, September 12th. Piper Sandler raised their price objective on shares of Viper Energy from $61.00 to $64.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Finally, Roth Mkm boosted their target price on Viper Energy from $46.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Viper Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $55.78.

Viper Energy Price Performance

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

Viper Energy Dividend Announcement

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

Institutional Trading of Viper Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp grew its position in shares of Viper Energy by 78.2% during the 3rd quarter. State Street Corp now owns 3,833,257 shares of the oil and gas producer’s stock worth $172,918,000 after buying an additional 1,682,183 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in Viper Energy by 12.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,085,841 shares of the oil and gas producer’s stock valued at $78,282,000 after acquiring an additional 224,021 shares during the last quarter. Geode Capital Management LLC grew its holdings in Viper Energy by 16.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,698,661 shares of the oil and gas producer’s stock worth $76,647,000 after acquiring an additional 234,048 shares during the period. Merewether Investment Management LP raised its position in shares of Viper Energy by 22.9% during the 3rd quarter. Merewether Investment Management LP now owns 860,600 shares of the oil and gas producer’s stock valued at $38,822,000 after acquiring an additional 160,600 shares during the last quarter. Finally, TD Asset Management Inc lifted its stake in shares of Viper Energy by 2.6% in the 2nd quarter. TD Asset Management Inc now owns 841,414 shares of the oil and gas producer’s stock valued at $31,578,000 after purchasing an additional 21,420 shares during the period. 87.72% of the stock is owned by institutional investors.

Viper Energy Company Profile

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.