Stock of the Day

April 6, 2020

Viper Energy (VNOM)

$44.38
+$0.32 (+0.7%)
Market Cap: $15.82B

About Viper Energy

Viper Energy, Inc. 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.

Today's Trend

Viper Energy Inc. (NASDAQ: VNOM) is moving on a mix of analyst estimate cuts and a recent acquisition update.

Overall, VNOM appears to be getting a lift from the acquisition news, but that optimism is being offset by analyst downgrades to future earnings estimates. Investors are likely weighing growth from the deal against the possibility of lower-than-expected profitability ahead.

Recent News