Viper Energy Inc. (NASDAQ:VNOM – Get Free Report) announced a quarterly dividend on Monday, May 4th. Stockholders of record on Thursday, May 14th will be given a dividend of 0.38 per share by the oil and gas producer on Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, May 14th.
Viper Energy has increased its dividend by an average of 0.3%per year over the last three years. Viper Energy has a dividend payout ratio of 84.9% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Analysts expect Viper Energy to earn $2.05 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 74.1%.
Viper Energy Price Performance
VNOM opened at $49.97 on Wednesday. The firm has a market cap of $17.87 billion, a PE ratio of -156.15, a P/E/G ratio of 1.04 and a beta of 0.42. The stock has a 50-day moving average price of $46.31 and a 200-day moving average price of $41.52. Viper Energy has a 1 year low of $35.10 and a 1 year high of $51.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.72 and a quick ratio of 3.72.
Trending Headlines about Viper Energy
Here are the key news stories impacting Viper Energy this week:
- Positive Sentiment: Q1 beat on revenue and EPS — Viper posted $0.55 EPS vs. $0.45 consensus and $511M revenue vs. ~$500M expected; revenue was up ~108.6% year?over?year, which supports near?term cash flow and distribution coverage. Q1 Results Press Release
- Positive Sentiment: Quarterly dividend announced — Viper declared a $0.38 quarterly dividend (ex?dividend May 14; pay May 21), implying ~3.0% yield, which supports income investors and can underpin valuation relative to peers.
- Neutral Sentiment: Management commentary / earnings call available — Transcript coverage provides detail on production, royalty receipts, commodity exposure and capital structure; useful for investors wanting specifics on drivers behind the beat and sustainability of cash flows. Earnings Call Transcript
- Neutral Sentiment: Macro/commodity sensitivity — Analysis notes an “Iran?driven” oil price shock is a double?edged sword: higher oil helps royalty revenue now but increases volatility and geopolitical risk that could affect longer?term cash flow visibility. This is a mixed factor for shares. Iran-Driven Oil Shock Analysis
- Negative Sentiment: Profitability and valuation concerns — Despite the beat, Viper reported a negative net margin (~?4.9%) and persistent odd valuation metrics (reported negative P/E in background data), which may prompt profit?taking or caution among growth/value investors and help explain downward pressure on the stock. Key Metrics vs Estimates
Viper Energy Company Profile
Viper Energy Partners LP is a publicly traded master limited partnership that owns and intends to acquire mineral and royalty interests in oil and natural gas properties. As a pass-through entity, Viper Energy Partners does not engage in drilling or production operations directly; instead, it generates revenues by holding overriding royalty interests, mineral fee interests and royalty fee interests. These interests entitle the partnership to receive a percentage of the proceeds from hydrocarbons produced and sold by third-party operators.
The partnership’s assets are concentrated in the Permian Basin, with a primary focus on the Delaware Basin region of West Texas and southeastern New Mexico.
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