Viper Energy, Inc. to Post Q4 2024 Earnings of $0.35 Per Share, Roth Capital Forecasts (NASDAQ:VNOM)

Viper Energy, Inc. (NASDAQ:VNOM) – Research analysts at Roth Capital lowered their Q4 2024 earnings estimates for shares of Viper Energy in a report released on Wednesday, May 1st. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will post earnings per share of $0.35 for the quarter, down from their previous forecast of $0.37. The consensus estimate for Viper Energy’s current full-year earnings is $1.74 per share. Roth Capital also issued estimates for Viper Energy’s Q1 2025 earnings at $0.33 EPS, Q2 2025 earnings at $0.33 EPS, Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.40 EPS and FY2025 earnings at $1.42 EPS.

Viper Energy (NASDAQ:VNOM) last announced its quarterly earnings results on Tuesday, February 20th. The oil and gas producer reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.20. The company had revenue of $204.70 million for the quarter, compared to analyst estimates of $204.61 million. Viper Energy had a net margin of 24.24% and a return on equity of 8.38%. The firm’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.28 EPS.

VNOM has been the topic of several other reports. Barclays assumed coverage on shares of Viper Energy in a report on Wednesday, April 10th. They set an “overweight” rating and a $44.00 price target on the stock. Raymond James decreased their price target on shares of Viper Energy from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Wednesday, January 24th. TD Securities lifted their price target on shares of Viper Energy from $40.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday. Piper Sandler boosted their target price on shares of Viper Energy from $36.00 to $43.00 and gave the stock an “overweight” rating in a report on Friday, April 19th. Finally, StockNews.com lowered shares of Viper Energy from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Viper Energy currently has a consensus rating of “Moderate Buy” and an average price target of $41.29.

Viper Energy Trading Up 1.3 %

Shares of Viper Energy stock opened at $37.62 on Thursday. The firm has a market capitalization of $6.65 billion, a PE ratio of 13.83 and a beta of 1.78. The company has a current ratio of 4.32, a quick ratio of 4.32 and a debt-to-equity ratio of 0.38. The firm’s 50 day moving average is $37.88 and its 200 day moving average is $33.34. Viper Energy has a 1 year low of $24.48 and a 1 year high of $41.22.

Hedge Funds Weigh In On Viper Energy

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James & Associates grew its holdings in Viper Energy by 13.0% during the third quarter. Raymond James & Associates now owns 87,317 shares of the oil and gas producer’s stock worth $2,434,000 after buying an additional 10,035 shares in the last quarter. Segment Wealth Management LLC bought a new position in Viper Energy during the 3rd quarter valued at $206,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Viper Energy by 24.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,600 shares of the oil and gas producer’s stock valued at $323,000 after acquiring an additional 2,311 shares in the last quarter. Teacher Retirement System of Texas lifted its stake in Viper Energy by 15.6% during the 3rd quarter. Teacher Retirement System of Texas now owns 38,769 shares of the oil and gas producer’s stock valued at $1,081,000 after acquiring an additional 5,223 shares in the last quarter. Finally, M&T Bank Corp lifted its stake in Viper Energy by 46.3% during the 3rd quarter. M&T Bank Corp now owns 35,964 shares of the oil and gas producer’s stock valued at $1,002,000 after acquiring an additional 11,386 shares in the last quarter. Institutional investors and hedge funds own 87.72% of the company’s stock.

Viper Energy Increases Dividend

The firm also recently disclosed a None dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 15th will be paid a $0.59 dividend. This represents a dividend yield of 2.9%. This is a positive change from Viper Energy’s previous None dividend of $0.56. The ex-dividend date is Tuesday, May 14th. Viper Energy’s dividend payout ratio (DPR) is 39.71%.

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.