Viper Energy Partners LP, A Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2020 Financial and Operating Results
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Piper Sandler Reiterates Overweight Rating on Diamondback Energy (FANG)
February 23, 2021 7:41 AM ESTPiper Sandler analyst Mark Lear reiterated an Overweight rating and $69.00 price target on Diamondback Energy (NASDAQ: FANG) following the company's 4Q earnings report. FANG reported in line 4Q20 results, as a volume beat and lower operating costs were offset by weaker than expected commodity... More
Viper Energy (VNOM) Tops Q4 EPS by 13c
February 22, 2021 4:32 PM ESTViper Energy (NASDAQ: VNOM) reported Q4 EPS of $0.12, $0.13 better than the analyst estimate of ($0.01).
Vipers business has rebounded strongly from the unprecedented volatility experienced throughout 2020 as commodity prices have increased and activity has returned to Vipers acreage. This recovery again highlights both the advantaged nature of the royalty business model, as well as the benefit of Vipers symbiotic relationship with Diamondback. During the fourth... More
