Viper Energy Partners LP (VNOM) Receives Analysts' Mean "Buy" Recommendation

Viper Energy Partners LP (NASDAQ: VNOM) has received an average recommendation from" Buy "of the seventeen brokers that currently cover the Two research badysts rated the stock with a reserve rating and fourteen gave a buy score to the company. The 12-month average price target among badysts who issued notes on the stock over the past year is VNOM has been the subject of several reports from recent badysts: Imperial Capital has set a target price of $ 30.00 on Viper Energy Partners and awarded the title a "buy" rating In a research report on Monday, April 2nd. a "buy" note and set a target price of $ 33.00 on the shares of Viper Energy Partners in a research report on Wednesday, April 18, 2003. SunTrust Banks has set a target price of $ 35.00 on Viper Energy Partners and gave the title a ng in a research report on Monday, April 16th. BidaskClub cut Viper Energy Partners from a "strong buy" rating to a "buy" note in a research report on Monday, May 14. Finally, Stifel Nicolaus raised its price target on Viper Energy Partners from $ 29.00 to $ 33.00 and awarded a "buy" note to the stock in a research note on Thursday, May 3rd.

Hedge funds have recently changed their positions. Mark Sheptoff Financial Planning LLC raised its stake in Viper Energy Partners shares by 259.5% in the first quarter. Mark Sheptoff Financial Planning LLC now holds 7,550 shares of the oil and gas company valued at $ 192,000 after acquiring an additional 5,450 shares in the last quarter. Quad Cities Investment Group LLC purchased a new equity interest in Viper Energy Partners in the first quarter, valued at approximately $ 201,000. Driehaus Capital Management LLC purchased a new equity interest in Viper Energy Partners in the fourth quarter, valued at approximately $ 205,000. Cavalier Investments LLC purchased a new stake in the shares of Viper Energy Partners during the 1st quarter valued at approximately $ 300,000. Finally, Navellier & Associates Inc. purchased a new equity interest in Viper Energy Partners in the first quarter, valued at approximately $ 300,000. 25.69% of the shares are held by hedge funds and other institutional investors.

Shares of Viper Energy Partners fell $ 0.37 at mid-day Friday, reaching $ 32.30. 491,923 shares of the company were exchanged for an average volume of 494,887 shares. Viper Energy Partners has a 52-week low of $ 14.76 and a high of $ 52.92 in 52 weeks. The company has a ratio of 21.64, a ratio of 21.64 and a debt ratio of 0.27. The stock has a market capitalization of $ 3.75 billion, a price / earnings ratio of 30.19 and a beta of 0.92.

Viper Energy Partners (NASDAQ: VNOM) released its financial results for the last time on Tuesday, May 1st. The oil and gas producer reported earnings per share of $ 0.37 for the quarter, up $ 0.31 from Thomson Reuters' consensus estimate of $ 0.36. Viper Energy Partners had a return on equity of 15.74% and a net margin of 66.59%. The company achieved a turnover of $ 62.44 million during the quarter, compared with $ 62.09 million for badysts. During the same period the previous year, the company earned $ 0.22 per share. The business turnover of the company increased by 85.6% from one year to the next. Research badysts predict that Viper Energy Partners will post 1.44 earnings per share for the current year.

About Viper Energy Partners

Viper Energy Partners LP owns, acquires and operates oil and gas properties in North America. The company holds mining interests covering an area of ​​approximately 43,843 net acres in the Permian Basin, in western Texas. As at December 31, 2017, its proven reserves of oil and natural gas amounted to 38,246 thousand barrels of crude oil equivalent.

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