Capital One Financial Weighs in on Viper Energy Q4 Earnings

Viper Energy, Inc. (NASDAQ:VNOM) – Analysts at Capital One Financial decreased their Q4 2024 EPS estimates for Viper Energy in a research note issued on Wednesday, November 27th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings per share of $0.45 for the quarter, down from their prior forecast of $0.52. The consensus estimate for Viper Energy’s current full-year earnings is $2.03 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 results 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. The company had revenue of $209.59 million for the quarter, compared to analysts’ expectations of $210.54 million. Viper Energy had a return on equity of 6.72% and a net margin of 24.65%. The business’s revenue for the quarter was down 28.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 earnings per share.

VNOM has been the topic of a number of other research reports. Piper Sandler lifted their price target on Viper Energy from $61.00 to $64.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Raymond James lifted their price target on Viper Energy from $58.00 to $62.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Bank of America assumed coverage on Viper Energy in a report on Tuesday. They set a “buy” rating and a $64.00 price target on the stock. Roth Mkm raised their price objective on shares of Viper Energy from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Finally, StockNews.com lowered shares of Viper Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, Viper Energy has a consensus rating of “Moderate Buy” and a consensus price target of $55.78.

Viper Energy Stock Performance

VNOM opened at $54.11 on Thursday. The business’s 50 day moving average is $51.44 and its 200-day moving average is $44.90. The stock has a market cap of $10.19 billion, a PE ratio of 23.22 and a beta of 1.72. The company has a current ratio of 7.24, a quick ratio of 7.24 and a debt-to-equity ratio of 0.25. Viper Energy has a twelve month low of $29.03 and a twelve month high of $56.76.

Viper Energy Announces Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VNOM. Price T Rowe Associates Inc. MD acquired a new position in Viper Energy in the first quarter worth approximately $601,000. California State Teachers Retirement System grew its position in Viper Energy by 18.4% in the first quarter. California State Teachers Retirement System now owns 72,600 shares of the oil and gas producer’s stock worth $2,792,000 after buying an additional 11,293 shares during the last quarter. Tidal Investments LLC acquired a new position in Viper Energy in the first quarter worth approximately $290,000. Aurora Investment Counsel grew its position in Viper Energy by 1.5% in the first quarter. Aurora Investment Counsel now owns 52,626 shares of the oil and gas producer’s stock worth $2,024,000 after buying an additional 757 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Viper Energy by 627.6% in the second quarter. SG Americas Securities LLC now owns 78,413 shares of the oil and gas producer’s stock worth $2,943,000 after buying an additional 67,636 shares during the last quarter. Institutional investors and hedge funds own 87.72% of the company’s stock.

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.