Viper Energy Inc. (VNOM)
(Delayed Data from NSDQ)
$41.78 USD
-0.56 (-1.32%)
Updated Jul 24, 2024 04:00 PM ET
After-Market: $41.80 +0.02 (0.05%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth C Momentum D VGM
Company Summary
Midland, Texas based, Viper Energy Inc. is a subsidiary of independent oil & gas exploration and production company — Diamondback Energy. The company has mineral interests in prolific oil-rich shale plays like the Eagle Ford and Permian Basin.
Viper Energy, owns 34,217 net royalty acres primarily in the Permian Basin, with estimated proved reserves at 179.3 million barrels of oil equivalent (MMBoe) as of 2023-end, reflecting a year-over-year increase of approximately 20%. As of December 31, 2023, the proved reserves consisted of approximately 50% oil, 25% natural gas liquids and 25% natural gas. Through 2023, the company witnessed total production volumes of 39,244 Boe/...
Company Summary
Midland, Texas based, Viper Energy Inc. is a subsidiary of independent oil & gas exploration and production company — Diamondback Energy. The company has mineral interests in prolific oil-rich shale plays like the Eagle Ford and Permian Basin.
Viper Energy, owns 34,217 net royalty acres primarily in the Permian Basin, with estimated proved reserves at 179.3 million barrels of oil equivalent (MMBoe) as of 2023-end, reflecting a year-over-year increase of approximately 20%. As of December 31, 2023, the proved reserves consisted of approximately 50% oil, 25% natural gas liquids and 25% natural gas. Through 2023, the company witnessed total production volumes of 39,244 Boe/d.
The shale plays, where Viper Energy has mineral interests, are leased to working interest owners. Expenses associated with exploration, development and production in the shale plays are borne by the working interest owners.
The company’s business strategies include acquiring mineral and royalty interests from third parties and the parent company ___ Diamondback Energy. Thus, the company is being able to maximize returns for its stockholders. The company keeps a strong focus on how the business operations generate volumes and profits and are contributing to investors through royalty interests.
Overall, Viper Energy expects to continue to generate returns for its shareholders since majority of the resources on which the company has mineral interests are located in the Permian Basin, the most prolific basin in the United States. Diamondback Energy is the operator of 49% of Viper’s net royalty acreage.
General Information
Viper Energy Inc
500 WEST TEXAS AVENUE SUITE 100
MIDLAND, TX 79701
Phone: 432-221-7400
Fax: NA
Web: http://www.viperenergy.com
Email: ir@viperenergy.com
Industry | Oil and Gas - Exploration and Production - United States |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 8/5/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.43 |
Current Year EPS Consensus Estimate | 1.97 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 8/5/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 42.34 |
52 Week High | 43.29 |
52 Week Low | 25.78 |
Beta | 1.74 |
20 Day Moving Average | 1,220,347.75 |
Target Price Consensus | 43.30 |
4 Week | 14.12 |
12 Week | 10.95 |
YTD | 34.93 |
4 Week | 12.35 |
12 Week | 0.57 |
YTD | 15.84 |
Shares Outstanding (millions) | 176.85 |
Market Capitalization (millions) | 7,488.01 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 2.55% |
Annual Dividend | $1.08 |
Payout Ratio | 0.39 |
Change in Payout Ratio | -2.54 |
Last Dividend Payout / Amount | 5/14/2024 / $0.59 |
Fundamental Ratios
P/E (F1) | 21.53 |
Trailing 12 Months | 15.34 |
PEG Ratio | NA |
vs. Previous Year | -1.89% |
vs. Previous Quarter | -22.39% |
vs. Previous Year | 21.56% |
vs. Previous Quarter | 0.33% |
Price/Book | 2.61 |
Price/Cash Flow | 21.31 |
Price / Sales | 8.67 |
6/30/24 | NA |
3/31/24 | 8.10 |
12/31/23 | 8.29 |
6/30/24 | NA |
3/31/24 | 5.99 |
12/31/23 | 6.24 |
6/30/24 | NA |
3/31/24 | 3.46 |
12/31/23 | 4.32 |
6/30/24 | NA |
3/31/24 | 3.46 |
12/31/23 | 4.32 |
6/30/24 | NA |
3/31/24 | 24.44 |
12/31/23 | 24.68 |
6/30/24 | NA |
3/31/24 | 24.24 |
12/31/23 | 24.17 |
6/30/24 | NA |
3/31/24 | 65.00 |
12/31/23 | 66.12 |
6/30/24 | NA |
3/31/24 | 16.19 |
12/31/23 | 16.16 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | NA |
3/31/24 | 0.38 |
12/31/23 | 0.38 |
6/30/24 | NA |
3/31/24 | 27.63 |
12/31/23 | 27.49 |