Truist Financial analyst Neal Dingmann maintained a Buy rating on Viper Energy (VNOM – Research Report) on November 7 and set a price target of $47.00. The company’s shares closed yesterday at $29.00.
Dingmann covers the Energy sector, focusing on stocks such as APA, Crescent Energy Company Class A, and Civitas Resources. According to TipRanks, Dingmann has an average return of 29.7% and a 72.40% success rate on recommended stocks.
Viper Energy has an analyst consensus of Strong Buy, with a price target consensus of $38.13, representing a 31.48% upside. In a report released on November 7, Citi also maintained a Buy rating on the stock with a $37.00 price target.
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The company has a one-year high of $32.74 and a one-year low of $24.18. Currently, Viper Energy has an average volume of 317K.
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Viper Energy (VNOM) Company Description:
Viper Energy Partners LP engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.
Read More on VNOM:
- Viper Energy Partners LP, A Subsidiary Of Diamondback Energy, Inc., Reports Third Quarter 2023 Financial And Operating Results; Announces Filing For Conversion Into A Delaware Corporation
- VNOM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Closing of GRP Acquisition
- Wall Street’s Best Analyst Bets on These 3 Energy Stocks — Here’s Why You Might Want to Follow His Lead
- Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Prices $400 Million Offering of 7.375% Senior Notes
