VN

Viper Energy Partners LPNASDAQ VNOM Stock Report

Last reporting period 30 Sep, 2024

Updated 22 Nov, 2024

Last price

Market cap $B

8.882

Middle

Exchange

XNAS - Nasdaq

VNOM Stock Analysis

VN

Neutral

Based on Eyestock quantitative analysis, VNOM`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

90/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-34.1 %

Overvalued

Market cap $B

8.882

Dividend yield

5.04 %

Shares outstanding

72.677 B

Viper Energy Partners LP engages in the acquisition of oil and natural gas properties. The company is headquartered in Midland, Texas and currently employs 0 full-time employees. The company went IPO on 2014-06-18. The firm is focused on owning and acquiring mineral and royalty interests in oil-weighted basins, primarily the Permian Basin. The Permian Basin consists of approximately 75,000 square miles centered around Midland, Texas. The Company’s assets consist of mineral and royalty interests underlying 775,180 gross acres and 26,315 net royalty acres in the Permian Basin. The estimated proved oil and natural gas reserves of its assets are approximately 148,900 thousand barrels of crude oil equivalent (MBOE). Of these reserves, approximately 72% were classified as proved developed producing reserves. The firm's proved undeveloped reserves include approximately 525 gross horizontal well locations. Its proved reserves include approximately 53% oil, 23% natural gas liquids and 24% natural gas.

View Section: Eyestock Rating