With 0.79 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.19 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $49.76 whereas the lowest price it dropped to was $47.93. The 52-week range on VNOM shows that it touched its highest point at $56.76 and its lowest point at $29.32 during that stretch. It currently has a 1-year price target of $59.15. With its current market cap of 9.04 billion, VNOM has annualized dividend of $1.79 while the current yield stands at 3.73%. VNOM paid its most recent dividend on 1723680000, while the ex-dividend date for that was 1731542400. Beta for the stock currently stands at 1.73.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VNOM was down-trending over the past week, with a drop of -6.33%, but this was down by -9.86% over a month. Three-month performance surged to 5.71% while six-month performance rose 35.13%. The stock gained 54.09% in the past year, while it has gained 57.52% so far this year. A look at the trailing 12-month EPS for VNOM yields 2.34 with Next year EPS estimates of 1.91. For the next quarter, that number is 0.43. This implies an EPS growth rate of -25.76% for this year and -7.22% for next year.
Float and Shares Shorts:
At present, 102.95 million VNOM shares are outstanding with a float of 101.91 million shares on hand for trading. On 2024-11-29, short shares totaled 6.3 million, which was 611.00002 higher than short shares on 1730332800. In addition to Mr. Travis D. Stice as the firm’s CEO & Director of Viper Energy Partners GP LLC, Mr. Matthew Kaes Van’t Hof serves as its President & Director of Viper Energy Partners GP LLC.
Institutional Ownership:
Through their ownership of 0.99893 of VNOM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, VNOM reported revenue of $209408000.0 and operating income of $135568000.0. The EBITDA in the recently reported quarter was $190096000.0 and diluted EPS was $0.52.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VNOM since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VNOM analysts setting a high price target of 70.0 and a low target of 45.0, the average target price over the next 12 months is 58.14286. Based on these targets, VNOM could surge 45.89% to reach the target high and fall by -6.21% to reach the target low. Reaching the average price target will result in a growth of 21.18% from current levels.
Analysts have provided yearly estimates in a range of $2.26534 being high and $1.83929 being low. For VNOM, this leads to a yearly average estimate of $2.07829. Based on analyst estimates, the high estimate for the next quarter is $0.82 and the low estimate is $0.21. The average estimate for the next quarter is thus $0.53.
