In a report released today, Betty Jiang from Barclays maintained a Buy rating on Viper Energy (VNOM – Research Report), with a price target of $44.00. The company’s shares closed yesterday at $37.13.
According to TipRanks, Jiang is an analyst with an average return of -2.3% and a 38.79% success rate. Jiang covers the Energy sector, focusing on stocks such as APA, Diamondback, and Viper Energy.
Currently, the analyst consensus on Viper Energy is a Strong Buy with an average price target of $41.29.
VNOM market cap is currently $6.95B and has a P/E ratio of 14.17.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is neutral on the stock. Most recently, in March 2024, Diamondback Energy, Inc., a Director at VNOM sold 13,225,000.00 shares for a total of $451,237,000.00.
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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.
