Viper Energy (NASDAQ:VNOM) Stock Rating Upgraded by Truist Financial

Viper Energy (NASDAQ:VNOM) was upgraded by equities researchers at Truist Financial to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other brokerages have also recently weighed in on VNOM. Piper Sandler boosted their target price on Viper Energy from $64.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Viper Energy in a research report on Wednesday, January 21st. Citigroup increased their price target on shares of Viper Energy from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Wells Fargo & Company increased their price objective on Viper Energy from $51.00 to $52.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Finally, Mizuho raised their target price on Viper Energy from $52.00 to $53.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Viper Energy presently has a consensus rating of “Moderate Buy” and an average target price of $51.93.

Viper Energy Stock Performance

NASDAQ:VNOM opened at $47.78 on Monday. The company’s 50-day moving average price is $43.28 and its 200-day moving average price is $39.79. 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 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 has a twelve month low of $34.71 and a twelve month high of $49.08.

Viper Energy (NASDAQ:VNOM) last posted its quarterly earnings results on Monday, February 23rd. The oil and gas producer reported $0.31 earnings per share for the quarter, topping 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 firm had revenue of $435.00 million for the quarter, compared to analyst estimates of $415.51 million. During the same period in the previous year, the business posted $2.04 earnings per share. Viper Energy’s quarterly revenue was up 87.6% on a year-over-year basis. On average, sell-side analysts forecast that Viper Energy will post 2.02 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Viper Energy

Several large investors have recently made changes to their positions in VNOM. Vanguard Group Inc. boosted its position in Viper Energy by 28.0% in the 3rd quarter. Vanguard Group Inc. now owns 16,906,846 shares of the oil and gas producer’s stock valued at $646,180,000 after buying an additional 3,699,141 shares during the period. Capital World Investors increased its position in shares of Viper Energy by 4.0% during the fourth quarter. Capital World Investors now owns 12,916,557 shares of the oil and gas producer’s stock worth $498,967,000 after acquiring an additional 493,203 shares during the period. Wellington Management Group LLP increased its position in shares of Viper Energy by 11.1% during the fourth quarter. Wellington Management Group LLP now owns 11,491,534 shares of the oil and gas producer’s stock worth $443,918,000 after acquiring an additional 1,144,863 shares during the period. Oaktree Capital Management LP acquired a new stake in shares of Viper Energy in the third quarter valued at $240,215,000. Finally, Adage Capital Partners GP L.L.C. boosted its holdings in Viper Energy by 21.9% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 5,711,539 shares of the oil and gas producer’s stock valued at $220,637,000 after purchasing an additional 1,024,838 shares during the period. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Viper Energy News Roundup

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

Viper Energy Company Profile

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.