Viper Energy Inc (VNOM): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NASDAQ-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. The current market capitalization of Viper Energy Inc is $5.28B. A total of 1.11 million shares were traded on the day, compared to an average of 1.51M shares.

In the most recent transaction, Diamondback Energy, Inc. sold 13,225,000 shares of VNOM for 34.12 per share on Mar 08 ’24. After the transaction, the Director now owns 0 company shares. In a previous transaction on Nov 16 ’23, Warwick Royalty & Mineral Mast sold 9,018,760 shares at 28.70 per share. VNOM shares that 10% Owner owns now total 0.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Viper Energy Inc pays an annual dividend of $1.45, resulting in a dividend yield of 2.78%, and it has a price to earnings (P/E) ratio of 17.82. VNOM’s most recent ex-dividend date was 8/15/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 8/22/2024. Previously, the company paid the dividend on 5/22/2024 with an ex-dividend date of 5/14/2024. The VNOM stock dividend was $0.59 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, VNOM has a high of $51.73 and a low of $26.56.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. VNOM’s latest balance sheet shows that the firm has $39.45M in Cash & Short Term Investments as of fiscal 2021. There were $776.73M in debt and $24.47M in liabilities at the time. Its Book Value Per Share was $11.92, while its Total Shareholder’s Equity was $2.23B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VNOM is Buy with a score of 4.64.

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