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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Go back to Viper Energy Partners LP, A Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2020 Financial and Operating Results
February 23, 2021 7:41 AM EST
Piper 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
February 22, 2021 4:32 PM EST
Viper 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
