Viper Energy Partners (VNOM) is a Top-Ranked Growth Stock: Should You Buy?
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Viper Energy Partners (VNOM)
Midland, TX-based Viper Energy Partners LP is a variable distribution MLP and is a subsidiary of Diamondback Energy — an independent oil & gas exploration and production company. The partnership has mineral interest in prolific oil-rich shale plays like the Eagle Ford and Permian Basin.
VNOM boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 4.7% year-over-year for 2023, while Wall Street anticipates its top line to improve by 15.5%.
Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.15 to $2.01 per share. VNOM also boasts an average earnings surprise of 92.6%.
On a historic basis, Viper Energy Partners has generated cash flow growth of 11.8%, and is expected to report cash flow expansion of 82.9% this year.
VNOM should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
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Viper Energy Partners LP (VNOM) : Free Stock Analysis Report
