Viper Energy (NASDAQ:VNOM) Upgraded by Truist Financial to Strong-Buy Rating

Truist Financial upgraded shares of Viper Energy (NASDAQ:VNOM) to a strong-buy rating in a report released on Monday morning,Zacks.com reports.

Several other analysts have also weighed in on the company. Piper Sandler upped their target price on Viper Energy from $64.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Morgan Stanley decreased their price objective on shares of Viper Energy from $45.00 to $44.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Barclays lowered their price objective on shares of Viper Energy from $60.00 to $54.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 21st. Citigroup lifted their target price on shares of Viper Energy from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Viper Energy in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $51.93.

Viper Energy Stock Up 0.9%

VNOM stock opened at $47.78 on Monday. The company has a current ratio of 3.72, a quick ratio of 3.72 and a debt-to-equity ratio of 0.21. The company’s 50-day moving average price is $43.28 and its 200 day moving average price is $39.79. Viper Energy has a 52 week low of $34.71 and a 52 week high of $49.08. The company has a market cap of $17.08 billion, a P/E ratio of -207.73, a P/E/G ratio of 1.60 and a beta of 0.48.

Viper Energy (NASDAQ:VNOM) last issued its earnings results on Monday, February 23rd. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Viper Energy had a negative net margin of 4.87% and a positive return on equity of 2.62%. The company had revenue of $435.00 million during the quarter, compared to analysts’ expectations of $415.51 million. During the same period last year, the company posted $2.04 earnings per share. The firm’s quarterly revenue was up 87.6% compared to the same quarter last year. On average, research analysts expect that Viper Energy will post 2.02 earnings per share for the current fiscal year.

Viper Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were given a dividend of $0.38 per share. The ex-dividend date was Thursday, March 5th. This represents a $1.52 dividend on an annualized basis and a yield of 3.2%. This is a boost from Viper Energy’s previous quarterly dividend of $0.33. Viper Energy’s dividend payout ratio (DPR) is -660.87%.

Institutional Investors Weigh In On Viper Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Los Angeles Capital Management LLC acquired a new position in shares of Viper Energy in the fourth quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in Viper Energy during the third quarter worth approximately $31,000. Ameriflex Group Inc. purchased a new stake in Viper Energy in the 3rd quarter worth approximately $38,000. CoreCap Advisors LLC grew its stake in Viper Energy by 503.3% in the 3rd quarter. CoreCap Advisors LLC now owns 1,086 shares of the oil and gas producer’s stock worth $42,000 after acquiring an additional 906 shares during the period. Finally, Parallel Advisors LLC raised its holdings in Viper Energy by 68.3% in the 3rd quarter. Parallel Advisors LLC now owns 1,400 shares of the oil and gas producer’s stock valued at $54,000 after acquiring an additional 568 shares during the last quarter. 87.72% of the stock is currently owned by hedge funds and other institutional investors.

Viper Energy News Summary

Here are the key news stories impacting Viper Energy this week:

• Positive Sentiment: Truist upgraded VNOM to a “strong‑buy” (coverage initiated) — a high‑profile buy/coverage call that often drives buying interest. Zacks Truist Upgrade
• Positive Sentiment: Truist Securities initiated coverage with a buy/strong‑buy recommendation and a $54 price target (~13% above the current quote), giving investors a clear upside thesis to the stock. MSN: Truist Initiates Coverage
• Positive Sentiment: Benzinga and other outlets report Truist’s $54 target and buy stance, adding distribution to the research note and increasing investor awareness. Benzinga: Truist Coverage
• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on VNOM and included it among top energy picks, reinforcing confidence from another major Wall Street desk. Globe & Mail: Goldman Sachs Reaffirm
• Positive Sentiment: Roth MKM also maintained a buy rating, adding further analyst support and consensus momentum behind VNOM. Globe & Mail: Roth MKM Keep Buy
• Positive Sentiment: Street consensus cited as a “moderate buy” by aggregated analyst coverage, supporting the bullish narrative from multiple firms. American Banking News: Consensus Rating
• Positive Sentiment: Reported short interest fell to ~13.2M shares (down ~18.6% from prior), lowering potential sell‑pressure from shorts and reducing days‑to‑cover — a bullish technical signal for supply/demand. (No article link provided.)
• Neutral Sentiment: Several subsequent short‑interest posts show “0 shares” or conflicting figures — these appear to be data errors. Investors should rely on official exchange short‑interest releases for confirmation.
• Neutral Sentiment: Goldman Sachs commentary also highlighted dividend and energy‑sector picks broadly; sector tailwinds matter but are indirect for VNOM’s near‑term move. 247WallSt: Goldman Sachs Picks

About Viper Energy

Viper Energy Partners LP is a publicly traded master limited partnership that owns and intends to acquire mineral and royalty interests in oil and natural gas properties. As a pass-through entity, Viper Energy Partners does not engage in drilling or production operations directly; instead, it generates revenues by holding overriding royalty interests, mineral fee interests and royalty fee interests. These interests entitle the partnership to receive a percentage of the proceeds from hydrocarbons produced and sold by third-party operators.

The partnership’s assets are concentrated in the Permian Basin, with a primary focus on the Delaware Basin region of West Texas and southeastern New Mexico.