Viper Energy Partners Earns Accumulate Rating from Analysts at Tudor Pickering (VNOM)
Viper Energy Partners (NASDAQ:VNOM) opened at 31.83 on Wednesday. Viper Energy Partners has a one year low of $30.035 and a one year high of $36.00. The stock’s 50-day moving average is $31.86 and its 200-day moving average is $32.29. The company’s market cap is $2.425 billion.
Viper Energy Partners (NASDAQ:VNOM) last announced its earnings results on Thursday, August 28th. The company reported $0.01 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.10 by $0.09. Analysts expect that Viper Energy Partners will post $0.37 EPS for the current fiscal year.
VNOM has been the subject of a number of other recent research reports. Analysts at Robert W. Baird cut their price target on shares of Viper Energy Partners from $36.00 to $33.00 in a research note on Wednesday, July 30th. They now have a “neutral” rating on the stock. Separately, analysts at Northland Securities initiated coverage on shares of Viper Energy Partners in a research note on Wednesday, July 16th. They set a “market perform” rating and a $34.00 price target on the stock. Finally, analysts at Wunderlich initiated coverage on shares of Viper Energy Partners in a research note on Monday, July 14th. They set a “buy” rating and a $41.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Viper Energy Partners has an average rating of “Hold” and an average price target of $35.67.
Viper Energy Partners LP is a limited partnership formed by Diamondback Energy, Inc (NASDAQ:VNOM) to own, acquire and exploit oil and natural gas properties in North America.
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