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How to Buy Viper Energy Stock

Viper Energy Inc

Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America.

Viper Energy stock last closed at $38.46, up 1.58% from the previous day, and has increased 38.25% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.17 percentage points. Viper Energy stock is currently +57.11% from its 52-week low of $24.48, and -0.77% from its 52-week high of $38.76.

As of Mar 28, 2024, there are 176.85M VNOM shares outstanding. The market cap of VNOM is $6.80B. In the past 24 hours, 1.28M VNOM shares were traded.

How to Buy Viper Energy Stock

Wondering how to invest in Viper Energy stock? Here's how.
  1. Figure out where to buy Viper Energy stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Viper Energy stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Choose your payment method and add your info.
  4. Evaluate Viper Energy stock: The Viper Energy ticker symbol is VNOM. Is Viper Energy stock a good investment? Should you buy shares of VNOM? How do VNOM's underlying business fundamentals look? Do top analysts think Viper Energy is a good buy? Why has VNOM's stock price moved recently? (Hint: Our stock research website can help you figure out if VNOM is a good stock to buy).
  5. Make your VNOM buy order: Decide if you will purchase VNOM shares at the current market price or use a limit order to buy VNOM stock at a given price.
  6. Keep tabs on your VNOM investment: Create a watchlist to key updates about your position in Viper Energy shares.

Step 1: Figure out where to buy Viper Energy stock

You will need a brokerage account in order to access the NASDAQ market and buy VNOM stock.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to invest in VNOM today.

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Step 3: Fund your investment account

Now that you've filled out your info on app for stock, your next step is to transfer the money for your investment:

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Step 4: Evaluate Viper Energy stock

Once you have identified the best place to buy Viper Energy stock, it's crucial to research their stock before you invest, so you can wrap your head around the risk and upside.

Viper Energy Numbers

VNOM Price
$38.46
1w %
2.04%
1y %
38.25%
5y %
18.59%
P/E
14.3x
P/B
6.71x
P/S
3.45x
PEG
N/A
Revenue
$827.70M
Earnings
$200.09M
Fore. Rev. Growth
4.16%
Fore. Earn. Growth
-28.12%
Market Cap
$6.80B
Next Earnings
May 1, 2024
Next Dividend
N/A

VNOM Fundamentals

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on VNOM's stock page.

What is the fair value of VNOM stock?

Investors use many financial metrics, analyses, models, and charts to gauge VNOM's true value.

Using relative valuations methods:

  • VNOM may be overvalued based on its P/E ratio of 14.3x, relative to Oil & Gas Midstream industry P/E ratio of 14.14x
  • VNOM could be overvalued based on its P/B ratio of 6.71x, relative to Oil & Gas Midstream industry P/B ratio of 2.35x

You can access more valuation research on VNOM's stock here.

VNOM Financial Summary

Signs that VNOM is financially healthy:

  • VNOM has $25.87M in cash and short term investments. This is sufficient to cover its annual cash burn of $270.17M.
  • VNOM profit margin has gone up from 17.5% to 24.2% in the past year.
  • There are more short-term assets than short-term liabilities on the VNOM balance sheet.

Signs that VNOM is not financially healthy:

  • Total VNOM debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the VNOM balance sheet.
  • VNOM has cash burn of 270173000. It does not have sufficient cash and short-term investments to cover this.
  • VNOM has a relatively high debt to equity ratio of 1.1.

Do analysts think it's a good time to buy VNOM stock

Out of 3 sell side analysts who monitor VNOM, the consensus analyst rating on VNOM is a Strong Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Viper Energy stock forecast page.

VNOM Technicals

SMA10
37.41
SMA20
36.74
SMA50
34.4
SMA100
32.49
SMA200
30.01
MACD
0.96
MACD Signal
0.91
MACD Histogram
0.05
RSI
68.4
Stochastic %K
89.41
Stochastic %D
86.29
StochRSI %K
79.44
StochRSI %D
76.07

VNOM Performance Metrics

Last year, VNOM earnings were $200.09M. Over the last 5 year, VNOM's earnings have grown by 6% per year. This was slower than the Oil & Gas Midstream industry average of 21.15%.

Last year, VNOM revenue was $827.70M. During the last five year, VNOM's revenue has gone up by 23.44% per year. This was faster than the Oil & Gas Midstream industry average of 7.43%.

Dive into VNOM's earnings and revenue performance here.

Are VNOM executives and large shareholders buying or selling the stock?

Over the last year, insiders at VNOM have sold more shares than they have bought.

Diamondback Energy Inc, Director of VNOM, was the latest VNOM insider to sell. They sold $451,303,125.00 worth of VNOM shares on Mar 8, 2024.

Learn more about who owns VNOM shares here.

Does VNOM stock generate passive income?

Viper Energy pays a dividend of 3.28%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.9%. If you owned $1,000 of VNOM stock, you would have been paid $32.76 in the past year.

Viper Energy dividend payments have consistently grown over the past decade but have not remained stable.

Get more info about Viper Energy dividend yield and history here.

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Step 5: Make your VNOM buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.

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Step 6: Keep tabs on your VNOM investment

Now that you own some shares in VNOM, you'll want to stay up-to-date on your company.

Make a watchlist to track the most important metrics related to your VNOM stock.

VNOM Feed

How to Buy Stock in Viper Energy

To reiterate, here are the 6 steps you need to take to buy Viper Energy stock right now:

  1. Figure out where to buy Viper Energy stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Evaluate Viper Energy stock
  5. Make your VNOM buy order
  6. Keep tabs on your VNOM investment

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If you would like to keep an eye on your investment in Viper Energy, add VNOM to your watchlist below.

NASDAQ: VNOM
$38.46+0.60 (+1.58%)
Updated Mar 28, 2024
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NASDAQ: VNOM
$38.46+0.60 (+1.58%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Viper Energy share?

As of Mar 28, 2024, it costs $38.46 to buy one share of Viper Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.26 shares of VNOM.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Viper Energy stock?

According to 3 Wall Street analysts who monitor Viper Energy, their consensus recommendation is to buy Viper Energy stock.

What is the best way to buy Viper Energy stock?

One way to place an order for Viper Energy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.