Viper EnergyVNOM
Market Cap: 3.87B
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 Q1 SEC filings by fund managers ($100M+ AUM)
194% more call options, than puts
Call options by funds: $38.8M | Put options by funds: $13.2M
164% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 22
67% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 52
51% more capital invested
Capital invested by funds: $2.06B [Q4 2023] → $3.12B (+$1.05B) [Q1 2024]
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]
18.66% more ownership
Funds ownership: 75.47% [Q4 2023] → 94.13% (+18.66%) [Q1 2024]
17% more funds holding
Funds holding: 207 [Q4 2023] → 243 (+36) [Q1 2024]
Research analyst outlook
8 Wall Street Analysts provided 1 year price forecasts over the past 6 months
8 analyst ratings
Truist Securities Neal Dingmann | 28%upside $54 | Buy Maintained | 22 Jul 2024 |
Piper Sandler Mark Lear | 4%upside $44 | Overweight Maintained | 18 Jul 2024 |
Evercore ISI Group Stephen Richardson | 6%upside $45 | Outperform Maintained | 8 Jul 2024 |
Truist Securities Neal Dingmann | 25%upside $53 | Buy Maintained | 2 May 2024 |
TD Securities Aaron Bilkoski | 1%downside $42 | Buy Maintained | 1 May 2024 |