Today Imperial Capital Maintains a “Outperform” Rating on Viper Energy Partners (VNOM) and a $45.0 Target Price

August 10, 2018 - By Jeanette Kaplan

Viper Energy Partners (VNOM) Rating Reaffirmed

In an analyst report issued to investors and clients this morning, Imperial Capital maintained their “Outperform” rating on Viper Energy Partners (VNOM) shares. The target price per share would suggest a possible upside of 129.59 % from company’s last stock close.

The stock decreased 1.17% or $0.44 during the last trading session, reaching $37.09. About 855,308 shares traded or 8.66% up from the average. Viper Energy Partners LP (VNOM) has risen 84.79% since August 10, 2017 and is uptrending. It has outperformed by 72.22% the S&P500.

Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. The company has market cap of $7.24 billion. The firm holds mineral interests covering an area of approximately 30,442 net acres in the Permian Basin, West Texas. It has a 30.25 P/E ratio. As of December 31, 2015, its estimated proved oil and natural gas reserves consisted of 31,435 thousand barrels of crude oil equivalent.

More important recent Viper Energy Partners LP (NASDAQ:VNOM) news were published by: Marketwatch.com which released: “Nasdaq nails trendline support (again), bullish intraday reversal underway” on August 02, 2018, also Benzinga.com published article titled: “26 Stocks Moving In Monday’s Pre-Market Session”, Seekingalpha.com published: “Viper Energy Partners LP (VNOM) CEO Travis Stice on Q2 2018 Results – Earnings Call Transcript” on August 10, 2018. More interesting news about Viper Energy Partners LP (NASDAQ:VNOM) was released by: Bizjournals.com and their article: “Houston startup to sell Permian Basin assets to Midland energy co. in $1.2B deal” with publication date: August 09, 2018.

Viper Energy Partners LP (NASDAQ:VNOM) Ratings Chart

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