VNOM - Viper Energy Partners LP Stock Price, Fair Value and News

37.24USD-0.20 (-0.53%)Delayed as of 08 May 2024, 02:08 pm ET

Market Summary

USD37.24-0.20

Delayedas of 08 May 2024, 02:08 pm

-0.53%

VNOM Alerts

Big fall in earnings (Y/Y)

VNOM Stock Price

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VNOM RSI Chart

VNOM Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

15.83

Price/Sales (Trailing)

3.79

EV/EBITDA

7.23

Price/Free Cashflow

5.07

VNOM Price/Sales (Trailing)

VNOM Profitability

EBT Margin

65.00%

Return on Equity

7.23%

Return on Assets

5.16%

Free Cashflow Yield

19.72%

VNOM Fundamentals

VNOM Revenue

Revenue (TTM)

864.1M

Rev. Growth (Yr)

21.56%

Rev. Growth (Qtr)

0.33%

VNOM Earnings

Earnings (TTM)

207.0M

Earnings Growth (Yr)

-50.88%

Earnings Growth (Qtr)

744.89%

Breaking Down VNOM Revenue

52 Week Range

24.4837.56

(Low)(High)

Last 7 days

-2.0%

Last 30 days

-4.7%

Last 90 days

18.2%

Trailing 12 Months

40.3%

How does VNOM drawdown profile look like?

VNOM Financial Health

Current Ratio

3.46

Debt/Equity

0.38

Debt/Cashflow

0.59

VNOM Investor Care

Shares Dilution (1Y)

20.36%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	864.1M	0	0	0
2023	833.5M	755.0M	826.6M	827.7M
2022	609.8M	735.0M	828.6M	866.5M
2021	268.9M	350.4M	415.5M	504.9M
2020	315.4M	275.9M	267.0M	250.6M
2019	288.2M	285.2M	279.2M	298.3M
2018	200.6M	239.2M	274.4M	288.8M
2017	98.6M	118.3M	140.9M	172.0M
2016	75.9M	76.9M	78.0M	79.0M
2015	179.8M	127.3M	0	74.9M
2014	0	0	0	232.2M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Viper Energy Partners LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 08, 2024	diamondback energy, inc.	sold	-451,303,000	34.125	-13,225,000	-
Mar 08, 2024	diamondback energy, inc.	acquired	-	-	5,278,490	-
Dec 31, 2023	stice travis d.	gifted	-	-	-14,864	chief executive officer
Nov 16, 2023	warwick royalty & mineral master fund lp	sold	-258,838,000	28.7	-9,018,760	-
Oct 31, 2023	diamondback energy, inc.	acquired	200,000,000	27.72	7,215,010	-
Jul 10, 2023	perry william wesley	acquired	-	-	3,863	-
Jul 10, 2023	hu frank c.	acquired	-	-	3,863	-
Jul 10, 2023	rubin james l.	acquired	-	-	3,863	-
Jul 10, 2023	argo laurie h	acquired	-	-	3,863	-
Jul 10, 2023	west steven e	acquired	-	-	3,863	-

Which funds bought or sold VNOM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	ORG Partners LLC	reduced	-91.8	-91,260	10,096	0.02%
May 06, 2024	Empowered Funds, LLC	added	458	2,496,760	2,924,190	0.05%
May 06, 2024	Parallel Advisors, LLC	added	1.57	5,861	29,829	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-67.64	-498,000	328,000	-%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-6,276	-	-%
May 06, 2024	SG Americas Securities, LLC	reduced	-80.79	-1,346,000	414,000	-%
May 06, 2024	HighTower Advisors, LLC	new	-	209,000	209,000	-%
May 06, 2024	Integrated Advisors Network LLC	added	6.22	629,926	2,717,200	0.14%
May 03, 2024	WBI INVESTMENTS, LLC	new	-	1,954,900	1,954,900	0.41%
May 03, 2024	Ovata Capital Management Ltd	new	-	3,846,000	3,846,000	2.00%

Are Funds Buying or Selling VNOM?

Are funds buying VNOM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own VNOM

No. of Funds

VNOM Alerts

Big fall in earnings (Y/Y)

Unveiling Viper Energy Partners LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 08, 2024	diamondback energy, inc.	48.3%	85,431,453	SC 13D/A
Mar 07, 2024	diamondback energy, inc.	55.8%	98,656,453	SC 13D/A
Feb 13, 2024	vanguard group inc	7.98%	6,877,786	SC 13G
Feb 09, 2024	capital world investors	6.4%	5,487,692	SC 13G
Feb 08, 2024	wellington management group llp	15.66%	13,490,896	SC 13G/A
Jan 29, 2024	bx guidon topco llc	4.3%	3,742,347	SC 13D/A
Jan 16, 2024	bx guidon topco llc	5.1%	4,447,347	SC 13D/A
Jan 09, 2024	bx swt ml holdco llc	0%	0	SC 13D/A
Dec 19, 2023	bx swt ml holdco llc	1.9%	1,627,347	SC 13D/A
Nov 21, 2023	warwick royalty & mineral master fund lp	0%	0	SC 13G/A

Recent SEC filings of Viper Energy Partners LP

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 25, 2024	3	Insider Trading
Apr 25, 2024	ARS	ARS
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	DEFA14A	DEFA14A
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	SC 13D/A	13D - Major Acquisition
Mar 07, 2024	8-K	Current Report
Mar 07, 2024	424B5	Prospectus Filed

Viper Energy Partners LP News

Latest updates

Viper Energy Partners LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.3%	205	205	293	161	169	204	222	239	202	166	128	114	97.00	76.00	63.00	33.00	79.00	93.00	72.00	72.00	62.00
Operating Expenses	7.7%	66.00	62.00	50.00	49.00	47.00	45.00	48.00	50.00	43.00	40.00	36.00	34.00	34.00	105	32.00	28.00	33.00	35.00	25.00	23.00	22.00
S&GA Expenses	-100.0%	-	4.00	2.00	2.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	2.00	2.00	2.00	2.00
EBITDA Margin	-1.9%	0.70*	0.71*	0.73*	0.71*	0.75*	0.76*	0.75*	0.72*	0.65*	0.57*	0.29*	0.18*	-0.05*	-0.07*	0.27*	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14.00	1.00	16.00	2.00	3.00	9.00	-2.53	5.00
Income Taxes	101.5%	13.00	6.00	22.00	8.00	9.00	5.00	-46.41	6.00	3.00	1.00	1.00	-	0.00	-	-	-	142	0.00	-7.48	0.00	-34.61
Earnings Before Taxes	-15.2%	112	132	229	88.00	98.00	150	164	178	131	118	74.00	42.00	24.00	-52.69	16.00	-33.06	19.00	49.00	44.00	47.00	40.00
EBT Margin	-1.7%	0.65*	0.66*	0.68*	0.66*	0.71*	0.72*	0.71*	0.68*	0.60*	0.51*	0.21*	0.08*	-0.17*	-0.20*	0.19*	-	-	-	-	-	-
Net Income	744.9%	43.00	5.00	79.00	80.00	88.00	-102	79.00	172	128	7.00	17.00	42.00	24.00	-31.13	-0.76	-33.06	-123	2.00	8.00	47.00	74.00
Net Income Margin	-21.3%	0.24*	0.30*	0.17*	0.19*	0.28*	0.32*	0.47*	0.44*	0.32*	0.18*	0.13*	0.10*	-0.15*	-0.75*	-0.58*	-	-	-	-	-	-
Free Cashflow	-20.8%	115	146	238	144	105	187	214	163	136	107	70.00	75.00	55.00	53.00	27.00	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.0%	4,013	3,974	3,143	2,967	3,020	2,920	2,986	2,972	3,001	3,034	2,482	2,450	2,442	2,461	2,601	2,624	2,679	2,786	2,007	1,820	1,767
Current Assets	32.3%	190	144	262	106	133	119	124	140	137	111	111	89.00	60.00	54.00	55.00	43.00	79.00	73.00	78.00	69.00	56.00
Cash Equivalents	-22.7%	20.00	26.00	147	13.00	9.00	18.00	12.00	4.00	33.00	39.00	72.00	42.00	12.00	19.00	7.00	10.00	40.00	4.00	20.00	13.00	10.00
Net PPE	-0.7%	3,742	3,768	2,777	2,811	2,837	2,750	2,811	2,830	2,861	2,920	2,338	2,357	2,380	2,405	2,538	2,566	2,588	2,548	1,743	1,567	1,540
Liabilities	2.9%	1,148	1,117	725	681	727	599	695	701	758	801	627	603	592	601	648	683	689	600	415	216	160
Current Liabilities	65.0%	55.00	33.00	47.00	28.00	30.00	22.00	25.00	27.00	37.00	24.00	62.00	69.00	63.00	45.00	44.00	46.00	24.00	13.00	5.00	4.00	3.00
Long Term Debt	1.0%	1,094	1,083	676	649	695	577	670	674	721	777	564	534	529	556	598	631	664	587	410	-	-
Shareholder's Equity	182.4%	2,864	1,014	-	-	-	691	-	-	-	-	-	-	-	-	-	-	-	-	-	1,604	1,608
Retained Earnings	-29.6%	-21.76	-16.79	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid-In Capital	6.8%	1,101	1,031	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	18.0%	88.00	74.00	-	-	73.00	76.00	-	-	-	68.00	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-3.2%	1,785	1,843	-	-	-	1,631	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,900	-	-	-	2,000	-	-	-	1,200	-	-	-	692	-	-	-	1,900	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-20.8%	115,442	145,795	239,728	145,426	107,243	186,555	214,221	163,182	135,838	107,442	69,992	75,021	54,659	53,350	27,343	19,752	96,111	72,463	62,508	55,269	46,451
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	275	283	387	496	449	472	405
Cashflow From Investing	97.2%	-20,345	-731,616	-52,292	-7,874	-116,583	27,960	-11,587	-759	31,957	-274,448	-5,909	-745	-74.00	40,865	8,124	-646	-64,626	-203,376	-188,750	-56,523	-81,923
Cashflow From Financing	-121.7%	-100,961	464,876	-53,701	-133,579	267	-207,952	-195,330	-191,177	-174,177	134,914	-34,965	-43,581	-61,979	-82,468	-37,756	-49,714	5,184	114,563	133,390	3,925	22,929
Dividend Payments	-100.0%	-	44,596	25,300	23,556	35,325	35,718	60,033	51,190	35,894	29,840	20,995	16,047	9,060	6,731	2,015	6,714	30,214	28,484	29,099	23,521	25,970
Buy Backs	-	-	-	9,650	24,509	33,022	31,661	50,723	28,949	39,260	12,437	13,740	6,779	13,043	24,026	-	-	-	-	-	-	-

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VNOM Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating income:
Royalty income	$ 205,067	$ 161,085
Other operating income	155	402
Total operating income	205,392	168,958
Costs and expenses:
Production and ad valorem taxes	14,406	12,887
Depletion	46,933	30,987
General and administrative expenses	5,033	2,764
Other operating expense	94	0
Total costs and expenses	66,466	46,638
Income (loss) from operations	138,926	122,320
Other income (expense):
Interest expense, net	(19,588)	(9,686)
Gain (loss) on derivative instruments, net	(7,492)	(15,103)
Other income, net	258	141
Total other expense, net	(26,822)	(24,648)
Income (loss) before income taxes	112,104	97,672
Provision for (benefit from) income taxes	12,529	9,406
Net income (loss)	99,575	88,266
Net income (loss) attributable to non-controlling interest	56,215	54,299
Net income (loss) attributable to Viper Energy, Inc.	$ 43,360	$ 33,967
Earnings Per Share [Abstract]
Basic (dollars per shares)	$ 0.49	$ 0.47
Diluted (dollars per shares)	$ 0.49	$ 0.47
Weighted average number of common shares outstanding:
Basic (in shares)	87,537	72,732
Diluted (in shares)	87,629	72,815
Revenue, Product and Service [Extensible Enumeration]	Royalty [Member]	Royalty [Member]
Oil income
Operating income:
Royalty income	$ 177,118	$ 136,619
Natural gas income
Operating income:
Royalty income	6,797	8,991
Natural gas liquids income
Operating income:
Royalty income	21,152	15,475
Related Party
Operating income:
Lease bonus	120	7,071
Nonrelated Party
Operating income:
Lease bonus	$ 50	$ 400

VNOM Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 20,005	$ 25,869
Income tax receivable	0	813
Derivative instruments	0	358
Prepaid expenses and other current assets	4,697	4,467
Total current assets	189,820	143,517
Property:
Oil and natural gas interests, full cost method of accounting ($1,719,140 and $1,769,341 excluded from depletion at March 31, 2024 and December 31, 2023, respectively)	4,649,330	4,628,983
Land	5,688	5,688
Accumulated depletion and impairment	(913,285)	(866,352)
Property, net	3,741,733	3,768,319
Derivative instruments	1,022	92
Deferred income taxes (net of allowances)	74,752	56,656
Other assets	5,239	5,509
Total assets	4,012,566	3,974,093
Current liabilities:
Accrued liabilities	32,328	27,021
Derivative instruments	8,472	2,961
Income taxes payable	14,068	1,925
Total current liabilities	54,885	33,256
Long-term debt, net	1,093,547	1,083,082
Derivative instruments	0	201
Total liabilities	1,148,432	1,116,539
Commitments and Contingencies
Stockholders’ equity:
Additional paid-in capital	1,101,308	1,031,078
Retained earnings (accumulated deficit)	(21,763)	(16,786)
Total Viper Energy, Inc. stockholders’ equity	1,079,545	1,014,292
Non-controlling interest	1,784,589	1,843,262
Total equity	2,864,134	2,857,554
Total liabilities and stockholders’ equity	4,012,566	3,974,093
Common Class A
Stockholders’ equity:
Common Stock	0	0
Common Class B
Stockholders’ equity:
Common Stock	0	0
Nonrelated Party
Current assets:
Royalty income receivable	131,737	108,681
Current liabilities:
Accounts payable	17	19
Related Party
Current assets:
Royalty income receivable	33,381	3,329
Current liabilities:
Accounts payable	$ 0	$ 1,330

About Viper Energy Partners LP

Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.

CEO	Mr. Travis D. Stice
WEBSITE	viperenergy.com
INDUSTRY	Oil - Midstream

Viper Energy Partners LP Frequently Asked Questions

What is the ticker symbol for Viper Energy Partners LP? What does VNOM stand for in stocks?

VNOM is the stock ticker symbol of Viper Energy Partners LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Viper Energy Partners LP (VNOM)?

As of Tue May 07 2024, market cap of Viper Energy Partners LP is 3.28 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VNOM stock?

You can check VNOM's fair value in chart for subscribers.

What is the fair value of VNOM stock?

You can check VNOM's fair value in chart for subscribers. The fair value of Viper Energy Partners LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Viper Energy Partners LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VNOM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Viper Energy Partners LP a good stock to buy?

The fair value guage provides a quick view whether VNOM is over valued or under valued. Whether Viper Energy Partners LP is cheap or expensive depends on the assumptions which impact Viper Energy Partners LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VNOM.

What is Viper Energy Partners LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, VNOM's PE ratio (Price to Earnings) is 15.83 and Price to Sales (PS) ratio is 3.79. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VNOM PE ratio will change depending on the future growth rate expectations of investors.