From Financial Modeling Prep: 2025-03-19 14:44:00

Viper Energy (NASDAQ:VNOM) received a reiterated Buy rating from Truist Securities with a $68 price target, citing strong production growth and free cash flow potential despite recent stock underperformance. Over the past 60 days, Viper shares dropped 15%, underperforming the S&P 500 and other mineral companies due to macroeconomic factors and company-specific pressures. Truist forecasts Viper’s production to surge nearly 60% by 2025, driven by organic activity and the recent Endeavor asset acquisition, leading to significant upside in production volumes and free cash flow growth. With a strong asset base and accelerating production, Truist views the recent pullback as a buying opportunity for Viper Energy.



Read more at Financial Modeling Prep:: Truist Reaffirms Buy on Viper Energy, Sees 60% Pro…