Viper EnergyVNOM
About: Viper Energy Inc is focused on owning and acquiring mineral and royalty interests in oil and natural gas properties primarily in the Permian Basin. The Permian Basin is known to have a number of zones of oil and natural gas-bearing rock throughout.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
196% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 28
52% more call options, than puts
Call options by funds: $29.9M | Put options by funds: $19.7M
48% more capital invested
Capital invested by funds: $3.09B [Q2] → $4.56B (+$1.47B) [Q3]
20% more funds holding
Funds holding: 262 [Q2] → 314 (+52) [Q3]
9.31% more ownership
Funds ownership: 90.07% [Q2] → 99.38% (+9.31%) [Q3]
3% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 95
75% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 1 (-3) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Truist Securities Neal Dingmann 63% 1-year accuracy 100 / 159 met price target | 38%upside $71 | Buy Maintained | 13 Jan 2025 |
Evercore ISI Group Stephen Richardson 65% 1-year accuracy 11 / 17 met price target | 13%upside $58 | Outperform Maintained | 8 Jan 2025 |
Piper Sandler Mark Lear 54% 1-year accuracy 98 / 181 met price target | 23%upside $63 | Overweight Maintained | 17 Dec 2024 |
Keybanc Tim Rezvan 58% 1-year accuracy 22 / 38 met price target | 21%upside $62 | Overweight Upgraded | 13 Dec 2024 |
JP Morgan Arun Jayaram 55% 1-year accuracy 17 / 31 met price target | 1%downside $51 | Overweight Maintained | 5 Dec 2024 |
Financial journalist opinion
Based on 6 articles about VNOM published over the past 30 days