VIPER ENERGY PARTNERS LP Reports Strong Q3 Results, Beating Estimates by $0.51

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VIPER ENERGY PARTNERS LP ($NASDAQ:VNOM) is a publicly traded partnership formed to own, operate, acquire and develop oil and natural gas properties in North America, with a focus on the Permian Basin. Viper Energy’s Q3 Non-GAAP EPS of $0.98 beats estimates by $0.51. Viper Energy’s strong Q3 results were driven by higher production and improved realized prices for both oil and natural gas.

The company’s strong performance in Q3 was due to its disciplined execution of its business plan and its focus on high-quality assets in the Permian Basin. Viper Energy is well-positioned to continue delivering strong results in the future as it continues to execute its business plan and capitalize on the favorable market conditions in the Permian Basin.

Earnings

In the earning report of FY2022 Q2 ending June 30, VIPER ENERGY PARTNERS LP earned 734.4M USD in total revenue, earned 106.9M USD in net income. Compared to previous year, 45.6% increase in total revenue, 84.6% increase in net income. VIPER ENERGY PARTNERS LP’s total revenue reached from 249.6M USD to 734.4M USD in the last 3 years.

Price History

The company’s stock price reacted positively to the news, rising 3.1% to close at $35.40 per share on Monday. VIPER ENERGY PARTNERS LP is a publicly traded partnership that owns, operates, acquires and develops oil and natural gas properties in North America. The company’s properties are located in the Permian Basin of west Texas and southeastern New Mexico.

VI Analysis

VIPER ENERGY PARTNERS LP is a company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. The company’s fundamentals reflect its long term potential. The company has a high health score of 7/10 with regard to its cashflows and debt, is capable to pay off debt and fund future operations.

VI Peers

The oil and gas industry is a highly competitive market. There are many oil and gas companies that compete for market share. One of the most competitive markets is the market for oil and gas exploration and production. In this market, there are many companies that compete for market share. One of the most competitive companies in this market is Viper Energy Partners LP. The company is a publicly traded company that is listed on the New York Stock Exchange. The company has a market capitalization of $2.6 billion. The company operates in the oil and gas industry in the United States, Canada, and Mexico.

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Summary

VIPER ENERGY PARTNERS LP is a publicly traded partnership that focuses on the acquisition, exploration and development of oil and natural gas properties in North America. The company’s assets are primarily located in the Permian Basin of West Texas and New Mexico. The partnership’s strategy is to acquire and develop oil and natural gas properties in North America with a focus on the Permian Basin, one of the most prolific oil-producing regions in the world. VIPER ENERGY PARTNERS LP has a strong track record of creating value for its partners.

The partnership has a disciplined approach to acquisitions and development, and a commitment to operating its properties in a safe and efficient manner. The partnership’s experienced management team has a proven track record of successful oil and gas exploration and production. VIPER ENERGY PARTNERS LP is well-positioned to continue creating value for its partners through its disciplined approach to acquisitions and development and its commitment to operating its properties in a safe and efficient manner.