NasdaqGS:VNOMOil and Gas
Viper Energy (VNOM): Evaluating Valuation After Revenue Surge, Net Loss, and Major Buyback Completion
Viper Energy (VNOM) just released its third quarter earnings, showing major growth in revenue compared to last year, but also reporting a shift to a net loss for the latest period. In addition, the company has wrapped up a considerable part of its multi-year stock buyback program, drawing fresh attention from investors.
See our latest analysis for Viper Energy.
Despite delivering sizable revenue growth over the year and completing a major share buyback, Viper Energy's momentum has cooled. The...