Viper Energy Partners LP (NASDAQ:VNOM) price target raised to $36.00 by Citigroup

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Analyst Ratings For Viper Energy Partners LP (NASDAQ:VNOM)

Today, Citigroup raised its price target on Viper Energy Partners LP (NASDAQ:VNOM) to $36.00 per share.

There are 10 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Viper Energy Partners LP (NASDAQ:VNOM) is Buy with a consensus target price of $30.1667 per share, a potential 5.05% downside.

Some recent analyst ratings include

  • 7/5/2018-TD Securities initiated coverage with a Buy rating.
  • 6/4/2018-Stifel Nicolaus was Downgraded by analysts at Stifel Nicolaus from a “Buy ” rating to a ” Hold” rating. They now have a $32.00 price target on the stock.
  • 4/18/2018-Piper Jaffray Companies Reiterated Rating of Buy.
  • 2/8/2018-Northland Securities Reiterated Rating of Buy.

Recent Insider Trading Activity For Viper Energy Partners LP (NASDAQ:VNOM)
Viper Energy Partners LP (NASDAQ:VNOM) has insider ownership of 0.30% and institutional ownership of 25.75%.

  • On 8/18/2017 Michael L Hollis, Director, bought 2,500 with an average share price of $16.07 per share and the total transaction amounting to $40,175.00.
  • On 7/21/2017 Diamondback Energy, Inc., Director, bought 700,000 with an average share price of $14.38 per share and the total transaction amounting to $10,066,000.00.
  • On 7/21/2017 Hof Matthew Kaes Van’t, President, bought 3,080 with an average share price of $14.75 per share and the total transaction amounting to $45,430.00.
  • On 7/21/2017 Russell Pantermuehl, VP, bought 18,487 with an average share price of $14.75 per share and the total transaction amounting to $272,683.25.
  • On 7/21/2017 Teresa L Dick, CFO, bought 1,540 with an average share price of $14.75 per share and the total transaction amounting to $22,715.00.
  • On 7/21/2017 Travis D Stice, CEO, bought 30,811 with an average share price of $14.75 per share and the total transaction amounting to $454,462.25.
  • On 5/18/2017 Michael L Hollis, Director, bought 1,328 with an average share price of $17.71 per share and the total transaction amounting to $23,518.88.

About Viper Energy Partners LP (NASDAQ:VNOM)
Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. The company holds mineral interests covering an area of approximately 43,843 net acres in the Permian Basin, West Texas. As of December 31, 2017, its estimated proved oil and natural gas reserves consisted of 38,246 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.

Recent Trading Activity for Viper Energy Partners LP (NASDAQ:VNOM)
Shares of Viper Energy Partners LP closed the previous trading session at 31.70 −0.70 2.16% with 32.57 shares trading hands.