Viper Energy (NASDAQ:VNOM) Share Price Breaks Below 200-Day Moving Average – Here’s What Happened

Viper Energy Inc. (NASDAQ:VNOM) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $44.36 and traded as low as $44.11. Viper Energy shares last traded at $44.17, with a volume of 3,029,814 shares changing hands.

Key Headlines Impacting Viper Energy

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

• Positive Sentiment: Third-quarter earnings beat expectations: Viper reported $0.72 per share versus the $0.69 consensus, while revenue of $661 million exceeded estimates of about $625 million and increased 58.1% year over year. The company also swung to a profit, with operating income rising. Third-quarter results
• Positive Sentiment: Viper declared a $0.50-per-share quarterly dividend, equivalent to $2.00 annualized and a stated yield of 4.4%. The dividend may support investor appeal for income. Dividend announcement
• Neutral Sentiment: The company provided fourth-quarter 2026 operating guidance and updated its full-year outlook. The supplied report does not include the guidance figures, so its implications for production or investor expectations are unclear. Operating guidance
• Negative Sentiment: Despite the earnings beat and dividend, VNOM has been trading lower. The articles provided do not point to a specific adverse development explaining the weakness, so market or sector factors may be contributing.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Royal Bank Of Canada upped their target price on shares of Viper Energy from $55.00 to $57.00 and gave the stock an “outperform” rating in a report on Friday, October 9th. Raymond James Financial set a $57.00 price target on shares of Viper Energy in a research report on Friday, July 31st. Mizuho set a $57.00 price target on Viper Energy in a research note on Tuesday, October 13th. Wall Street Zen lowered Viper Energy from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Zacks Research raised Viper Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Viper Energy has an average rating of “Moderate Buy” and a consensus price target of $56.35.

Viper Energy Price Performance

The company has a market capitalization of $15.87 billion, a P/E ratio of 32.24 and a beta of 0.49. The business’s 50-day moving average is $43.84 and its two-hundred day moving average is $44.36. The company has a quick ratio of 6.37, a current ratio of 6.37 and a debt-to-equity ratio of 0.16.

Viper Energy (NASDAQ:VNOM) last issued its quarterly earnings data on Monday, November 2nd. The oil and gas producer reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $661.00 million during the quarter, compared to the consensus estimate of $625.18 million. Viper Energy had a net margin of 12.08% and a return on equity of 4.26%. The firm’s quarterly revenue was up 58.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.40 EPS. As a group, analysts predict that Viper Energy Inc. will post 2.83 earnings per share for the current year.

Viper Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Thursday, November 12th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Thursday, November 12th. Viper Energy’s payout ratio is presently 110.95%.

Hedge Funds Weigh In On Viper Energy

Several institutional investors have recently modified their holdings of the business. Point Nemo Capital LLC bought a new stake in Viper Energy during the third quarter worth $1,294,000. Formidable Asset Management LLC boosted its position in Viper Energy by 11.4% in the third quarter. Formidable Asset Management LLC now owns 10,913 shares of the oil and gas producer’s stock worth $435,000 after purchasing an additional 1,113 shares during the last quarter. Parallel Advisors LLC grew its stake in Viper Energy by 70.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,315 shares of the oil and gas producer’s stock valued at $92,000 after purchasing an additional 959 shares during the period. United Advisor Group LLC increased its position in shares of Viper Energy by 17.2% during the 3rd quarter. United Advisor Group LLC now owns 13,766 shares of the oil and gas producer’s stock valued at $549,000 after purchasing an additional 2,017 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of Viper Energy by 24.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 42,575 shares of the oil and gas producer’s stock valued at $1,698,000 after purchasing an additional 8,428 shares during the last quarter. 87.72% of the stock is owned by institutional investors.

Viper Energy Company Profile

Viper Energy, Inc (NASDAQ: VNOM) owns mineral and royalty interests in oil and natural gas properties, primarily in the Permian Basin of West Texas and New Mexico. The company’s interests are concentrated in the Midland and Delaware basins, two of the most active producing regions in the United States.

Viper generally does not operate wells or directly conduct drilling and completion activities. Instead, it leases its mineral interests to exploration and production companies and receives royalty, overriding royalty and other mineral-related payments from the sale of hydrocarbons produced on those properties.