Viper Energy (VNOM) Reports Q1 EPS of $0.61

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Stephens Reiterates Overweight Rating on Viper Energy (VNOM)

May 1, 2019 7:51 AM EDT

Stephens analyst Gail Nicholson reiterated an Overweight rating and $47.00 price target on Viper Energy (NASDAQ: VNOM) following the company's 1Q earnings report. EBITDA of ~$57.3 mil. was ~8% below consensus estimates due to lower volumes.

VNOM guided 2Q/3Q production to 19-21 Mboepd. Consensus is... More