|Bid||29.79 x 800|
|Ask||29.88 x 800|
|Day's Range||29.38 - 30.37|
|52 Week Range||22.76 - 44.00|
|Beta (3Y Monthly)||1.80|
|PE Ratio (TTM)||43.07|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||1.88 (6.28%)|
|1y Target Est||39.81|
Moody's Investors Service ("Moody's") changed Diamondback Energy, Inc.'s (Diamondback) rating outlook to positive from stable, and simultaneously affirmed the company's Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba2 senior unsecured notes. "The positive outlook acknowledges Diamondback's significant production, reserves and free cash flow growth visibility through 2021 even in a sub $50/bbl oil price environment," noted Sajjad Alam, Moody's Senior Analyst.
MIDLAND, Texas, Sept. 13, 2019 -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the “Partnership”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"),.
In this article, we'll look at five MLPs with at least 90% buy ratings: EPD, MPLX, Energy Transfer, Viper Energy Partners, and Black Stone Minerals.
MIDLAND, Texas, July 30, 2019 -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"),.
MIDLAND, Texas, July 09, 2019 -- Viper Energy Partners LP (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced.
Viper Energy Partners (VNOM) has witnessed downward earnings estimate revisions in the past 60 days, suggesting that it could be a risky choice for investors at the moment.
Is Viper Energy Partners LP (NASDAQ:VNOM) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before doing days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The […]
Viper Energy (VNOM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Permian pure play Diamondback Energy (FANG) reported better-than-expected first-quarter earnings. Meanwhile, refiner Marathon Petroleum (MPC) swung to a surprise loss.
NEW YORK, NY / ACCESSWIRE / May 1, 2019 / Viper Energy Partners LP (NASDAQ: VNOM ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 1, 2019 at 10:00 AM Eastern ...
On a per-share basis, the Midland, Texas-based company said it had net income of 61 cents. Losses, adjusted for pretax gains, were 1 cent per share. The results did not meet Wall Street expectations. The ...
MIDLAND, Texas, April 30, 2019 -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"),.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of December. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
Petrol is a big part of the U.S. and global economy, and that's why I have maintained a collection of up-, down- and midstream petroleum companies inside the model portfolios of my Profitable Investing. And like most market segments, the market for petroleum and the underlying companies and their stocks never moves in a continuous straight line.Source: SarahTz Via FlickrThe key to successfully investing in petrol is not just placing bets on higher prices, but treating it as an industry with many different participants that don't all rely on soaring prices. That said, the current higher prices for crude are indeed a general boost for many in this vital industry. And those prices may well continue to be supportive.But to start, the current bubbling up in petrol pricing shouldn't be viewed as a surprise. It's a product of some major overriding developments that favor profitability, particularly for U.S. petroleum companies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd to start, all it takes is to look at price of U.S. West Texas Intermediate (WTI) crude oil. Since 2016, the market for U.S. crude oil has gone from a low of $35.70 to a current level of $65.83 a barrel for a gain of 84.4%.US WTI Crude Oil Price Source BloombergThe price, of course, was higher in October, before oil slipped to a near-term low on Dec. 24 along with the sell-off in the general stock market. * 7 Dividend Stocks That Could Double Over the Next Five Years But like for stocks, the realities of a growing U.S. economy and profitability of U.S. oil companies at even lower crude prices has been supporting the underlying market. And note, the much-lower crude oil prices five years and more ago worked to drive U.S. producers and related companies to increase technology in the fields in order to drive down lift costs for crude.This means that U.S. companies can pump crude at lower costs, so margins at sale can be positive even with lower market prices. This means that you can invest now with more certainty of profits -- even with lower prices.The tested, lower-cost producers in the U.S. have been leading to a continued upward march in U.S. production, which since 2016 has soared by more than 33%.US Crude Oil Production Keeps Climbing Source BloombergAnd according to the U.S. Energy Information Administration (EIA), this continued climb in production should result in that the U.S. will be a net oil exporter by 2021.Adding to the positive market developments are that the Organization of Petroleum Exporting Countries plus Russia and other nations (OPEC+) continue to largely adhere to production cuts, resulting in the proven data from shipping records of December 2018 showing production cuts of 1.2 million barrels per day (MBPD) with only Russia and Iraq showing some slippage in their cuts. More Crude on the MoveOne of the big limitations has been the infrastructure to move crude to refineries and marine terminals for export. But the approval process for additional pipeline capacity has been stepped up, with pipeline companies continuing to add capacity to move stuck crude to the market.This now is showing up with the periodic drops in U.S. stockpiles of crude, as tracked by the EIA. The stockpiles on given weeks shows lows not seen since last June, and they may well head lower with the further developments in transportation.US Crude Stockpiles Down West Texas WTI Up Source EIA, BloombergThe periodic drawdown in stockpiles is showing up in the export market. And what is particularly interesting is how much more U.S. crude is being shipped to Europe. Over the past five years, U.S. crude exports have gone from zero to nearly 1.4 billion barrels according to records from the U.S. Census Department.US Crude Exports to Europe Source US Census, BloombergThis surge in U.S. crude in Europe is now affecting European crude markets. For North Sea crude prices set at ports in the Netherlands, Argus Media (Private), a business intelligence analytics company, is stating that one third of the time, U.S. crude imports in Europe are driving the prices for European crude oil.That puts U.S. producers further on the way to narrowing the price discount of WTI to the currently higher Brent crude prices. That discount now at $8.61 per barrel is down from recent highs by 23.65%. And this in turn, should help to increase the margins for U.S. producer and related companies.WTI (White) vs Brent (Green) Crude Oil Prices Source Bloomberg Globe Takes More than MakesNow, OPEC+ isn't going to limit production forever. However, there are some reasons to see limits in their capacity to bring significantly more crude oil to the market. First, Iran remains under U.S. sanctions with no daylight in negotiations in sight -- and waivers are set to end on May 2. And with more availability of U.S. exported oil, it favors U.S. producers.In addition, even if other major former producers get sorted out politically, they will take years to get back into the oil business. This includes the imploding nation of Venezuela, the broken-apart Libya and the very unsettled West African nations, including Nigeria.Then there's the problem with Saudi Arabia and Russia, which are both post peak in production with the major fields in Saudi Arabia being drained with dropping reserves.Meanwhile, the globe's demand for crude oil remains firmly on the ascent. And even with rising U.S. production and exports, there continue to be shortfalls in supply against global consumption of crude oil. The EIA tracks overall supply and consumption, and as the graph shows, consumption keeps peaking over supply.Add in the U.S. drop in stockpiles and the supply-and-demand statistics favor supported crude oil prices.Global Oil Supply (White) Global Oil Consumption (Gold) Source EIA Bloomberg My Way to Profit from PetrolAs I started, the way to invest in petrol is to own a variety of companies, from downstream refiners to midstream transportation companies as well as upstream producers. This treats the petrol market as an industry and not just a one-way bet.Starting downstream in the refinery market, look at Marathon Petroleum (NYSE:MPC). This refiner is well-placed to capitalize on U.S. crude supplies thanks to its takeover of Andeavor last year. It has revenues up 29.1% over the trailing year and the stock is valued at a 70% discount to its sales, making for a bargain.Then move up to the midstream with a collection of pipeline and marine terminal companies. Some of the best include Enterprise Products Partners (NYSE:EPD), Kinder Morgan (NYSE:KMI), Buckeye Partners (NYSE:BPL) and Plans GP Holdings (NYSE:PAGP). What these have in common are long histories of being successful toll-takers in transporting petrol. And in turn, they pay out big distributions, providing ample dividend yields. And they are in part shielded from petrol pricing risk which provides balance in a properly invested portfolio of the petroleum market.But you're reading this because the market for crude oil is up recently, and I believe that trend is well-supported for some time to follow. So, upstream is where the bigger gains are being found right now. And in particular, you should be focused in the heart of the U.S. petroleum production market -- the Permian Basin.And the company that is right at the source of all of this additional U.S. production of oil and gas is Viper Energy (NASDAQ:VNOM). And it is unique in that it doesn't drill or lift crude oil or natural gas.Viper Energy is instead the leading landlord of the petroleum patch primarily in the Permian Basin. As a landlord, the company leases out its land for exploration and development companies (E&P) for fee income and royalties on the oil and gas that gets pumped out of its land.This means little capital is needed beyond the land. And it means that the company doesn't have to worry as much about the price fluctuations in oil and gas for its operations. But of course, the higher the price of crude and the higher the price for natural gas, the higher the royalties and the higher the income.It has a large collection of operators on its land including Devon Energy (NYSE:DVN), BP (NYSE:BP), XTO Energy, EOG Resources (NYSE:EOG), ConocoPhillips (NYSE:COP), Occidental Petroleum (NYSE:OXY), Anadarko Petroleum (NYSE:APC) and many others. Each continues to develop leased properties.Since coming to the public market in 2014 through a drop-down of assets from Diamondback Energy (NASDAQ:FANG), the proven developed reserves of petroleum have climbed by 764%. And royalty income per acre of its land has grown by 368%.Overall oil and gas produced on Viper's land was up 63% in 2018. And the company is projecting that on an organic basis (meaning existing land statistics and not counting additional land and land development), that production will climb at least by 24% for 2019.In addition, Viper completed an additional share sale recently. That additional cash is going to expand its land properties. And with Diamondback having much more land in its existing assets, there is more room for a further drop-down for more productive petroleum land in its portfolio. This will mean more growth potential for leases and royalty income. Venom for Better ReturnTotal Return for Viper Energy Source BloombergViper Energy has been a good performer. Over the past two years, the stock has generated a total return of 125.4% including its ample and rising dividend. And this even includes the slip with the general stock market in the fourth quarter of last year.But since Dec. 24, 2018 (the market low for U.S. WTI) to date, Viper has soared by over 50% in total return, reflecting the realities of the economy and the market for high and rising royalty income from its leased lands. Viper by the NumbersViper, as noted above, is working well as a landlord. Revenues for the trailing year are up by 67.9%. And since it doesn't drill or pump oil, its operating margin is a whopping 70.3%. This in turn drives a great return on shareholders' equity of 20.6%. It has gobs of cash and its debts are at a minimal 24.8% of its valuable assets, so its credit is very good.Then we come to that nice dividend. The current distribution is at 51 cents which has been climbing over the last three years by an average annual gain of 37.32%. That distribution equates to a yield of just under 6%. And I'm expecting a dividend distribution hike to be declared on April 30 by around 10%, making for an even better yield.And even though Viper changed from a passthrough to a taxable entity effective on May 10, 2018, the give up of the tax-shielding of its distributions is made up for by the ease of ownership by more investors seeking to avoid K-1 tax forms in favor of 1099-DIV reporting.The stock has been performing and paying well. And yet, the shares are reasonably valued with a price to book at 3.23 times. This is down from over 4.5 times book seen earlier last year. And more important, the underlying book value per share has climbed over the past year by 36.36% meaning that the underlying value of the book of assets is up and growing and not just the stock price.Now that the additional shares have been placed in the market successfully earlier this year, the stock makes for a good buy for growth from the upstream of the petrol market and lots of income that will complement the midstream and downstream companies in a balanced petrol portfolio.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into Compare Brokers The post Energy Stocks to Buy Now, Even with Oil Prices Up appeared first on InvestorPlace.
MIDLAND, Texas, April 15, 2019 -- Viper Energy Partners LP (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), announced that.
We've reached the end of the first quarter, and the theme for the Best Stocks contest seems to be unpredictability. Pot stocks were hot, value stocks were not. The headlines changed from week to week, and even beat-and-raise earnings weren't always enough to propel a stock forward.All of this has meant a good deal of shuffling among the contestants over the first three months, and one stock getting out to an astounding lead by the end of March. Which one? Well, read on and find out.The Best Stocks contest entries are listed below in ascending order of gains as of the end of trading on March 29. Those gains include the dividends, where applicable. And if you want to keep up-to-date on the contest between these quarterly updates, feel free to follow along at our Best Stocks for 2019 leaderboard, which is regularly updated so you can see who's rising and who's falling.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best ETFs for 2019: A Close Race at the Front But now, without further ado, on to the contestants. Syrah Resources (SYAAF)Investor: Eric Fry Year-to-Date Change Through Q1: -28%Syrah Resources Ltd. (OTCMKTS:SYAAF) is an all-or-nothing sort of stock pick for a contest like this. SYAAF is set up for long-term growth thanks to the ubiquity of graphite -- the main focus of this Australian company.Graphite is used in a whole lot of the batteries that are going to power our future, including those for electric vehicles. But the company is also a one-mine operation and that mine is in Mozambique, meaning that in the short term, it can have more than its share of volatility.And that volatility has hit hard to the downside so far in 2019, with disappointing earnings sending the stock tumbling.That doesn't have to define the whole year for SYAAF, but the company must show serious improvement to win back investors' trust. As Fry wrote, "Previously, Syrah had forecast that it would produce positive cash flow from its operations by the back half of 2019. But words are cheap. The company must deliver on that forecast if it expects to retain the trust and interest of shareholders."Read more about SYAAF from Fry here. LyondellBasell (LYB)Source: Via LyondellBasellInvestor: Charles Sizemore YTD Change: 2%LyondellBasell Industries (NYSE:LYB) is a value stock, and this set of market circumstances just aren't being kind to value stocks. People are riding the continued strength on the back of growth stocks instead. But that doesn't mean LYB stock is a bad security to be invested in. It just means that it's poised for a shift in sentiment.Now, will that happen in time to help with this year's Best Stocks contest? As Sizemore points out, there are no guarantees. "While I believe that value stocks are 'due' for an extended period of outperformance, I could have made the same argument at any time over the past several years, and I'd still be waiting for the reversal," he wrote. * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever But even if it just keeps up modest growth, there's still LYB stock's 4.4% dividend yield to keep in the back of your mind -- or put in your back pocket. And if sentiment turns back to value stocks, LYB could be in for a massive surge.Read more about LYB from Sizemore here. Weibo (WB)Source: Shutterstock Investor: Kyle WoodleyYTD Change: 6%The thesis behind picking Weibo (NASDAQ:WB) for the 2019 Best Stocks contest was simple -- good Chinese stocks took a beating in 2018 thanks to the U.S.-China trade war, and that made companies like Weibo excellent rebound candidates. As Woodley wrote, "A quick refresher: Weibo shares hemorrhaged 43.5% in 2018 -- a year in which the company also grew revenues by 49% year-over-year and net income by 54% year-over-year."It's a sound thesis, but one that hasn't yet borne fruit in the first quarter. Part of that has to do with the still-fraught relationship between China and the U.S. And both Weibo and Sina (NASDAQ:SINA), which owns about 46% of WB stock, posted earnings beats in March, but both of the stocks fell hard after earnings, with Weibo off over 10% at one point that day.Why? As Woodley pointed out, "If you're going to pick Weibo apart on anything -- and investors certainly did, considering the sharp selloff after its Q4 report -- it might be the company's revenue forecast. WB is looking for Q1 sales growth of 20.5% to 23.5%, which doesn't sound like much compared to Q1 2018's 76% jump in revenues."But … that was really it. WB stock still looks strong, it just needs a nudge to start growing again.Read more about WB from Woodley here. Canada Goose (GOOS)Source: Shutterstock Investor: Will Ashworth YTD Change: 10%Canada Goose (NYSE:GOOS) was flying pretty high at one point in this quarter, before a downgrade from Wells Fargo shot it down."The company itself continues to do well heading into 2019's second quarter. GOOS stock was doing fine through the end of February, trading above $57, putting my pick solidly in third place in InvestorPlace's 2019 stock picking contest," Ashworth wrote. "But oh, what a difference a month can make." * 10 Medical Marijuana Stocks to Cure Your Portfolio But things haven't completely soured for Canada Goose. It's still a sought-after brand name and its most recent earnings were a double beat and raise. GOOS stock still has plenty to offer investors in 2019.Read more about GOOS from Ashworth here. Teladoc (TDOC)Source: MayApps207 via WikiMedia Investor: Jason Moser YTD Change: 12%Virtual healthcare company Teladoc Health (NYSE:TDOC) really charged into 2019.The TDOC stock price stumbled a bit after earnings in February. It wasn't the hard numbers that were a problem for investors -- they just weren't too keen on the guidance, which was below analyst expectations.But things are still looking up for Teladoc, as the trend is going its way. As Moser points out:"Virtual healthcare and telemedicine are happening; it's no longer a matter of if but when, and Teladoc has done a lot to grow and diversify the business in a relatively short amount of time. One could also say that this business played an integral role in actually helping shape the legislation that is allowing virtual healthcare to become a part of the global healthcare landscape."And with Medicare Advantage 2020 set to add tens of millions of new potential clients to its rolls, there's still plenty of room for TDOC stock to run even higher.Read more about TDOC from Moser here. Adobe (ADBE)Source: Shutterstock Investors: John Jagerson and Wade Hansen YTD Change: 18%Adobe (NASDAQ:ADBE) has been hanging around in the top half of the Best Stocks contest so far this year, but that has translated to more-than-acceptable gains of 18% for the quarter.Adobe has made the sort of tech shift that companies like Microsoft (NASDAQ:MSFT) have also been making -- the shift to a subscription model instead of a plain sales model for some of its most popular software.As Jagerson and Hansen put it, "One of the important benefits of ADBE's shift into services, subscription and cloud products over the last few years has been an improvement in margins. This is particularly critical right now as investors prepare for poor first-quarter earnings reports from the components of the S&P 500." * 7 A-Rated Healthcare Stocks for Industry Expansion All in all, the Best Stocks for 2019 contest is far from over for ADBE stock.Read more about Adobe from Jagerson and Hansen here. Amazon (AMZN)Source: C_osett via FlickrInvestor: Readers' Choice YTD Change: 19%Amazon (NASDAQ:AMZN) continues to have a strong showing, and no wonder. While plenty of people, up to and including President Donald Trump, have taken aim at Amazon, it seems to shrug off every salvo with a deftness that most other massive companies envy. And while they waste their time on those antics, Amazon just keeps on trying new things, bolstering the things that work, and generally being the elephant in any number of rooms.But for Amazon to really challenge for the lead in the Best Stocks contest, it will probably need for one of its new or burgeoning business ideas to really take off. If it could take off like AWS has, that would be a game-changer, but that sort of massive success is extremely hard to come by.Still, Amazon has a lot going for it and keeps trying new things, which means that a success big enough to move the needle is certainly possible.Read more about AMZN here. Viper Energy Partners (VNOM)Source: SMelindo via Flickr (Modified)Investor: Neil George YTD Change: 32%Oil prices have been undergoing a steady rise through most of the year so far (and even more so since the market bottom on Dec. 24, 2018), and Viper Energy Partners (NASDAQ:VNOM) has benefited significantly from that growth.Whether or not oil prices continue their growth will control how well VNOM continues to perform to some extent, but it's not the only factor. The company is in a different position than many of its oil sector peers. As George wrote, "Viper Energy is the leading landlord of the petroleum patch primarily in the Permian Basin which is at the center of the shale oil development in the U.S. market. As a landlord, the company doesn't drill or operate a single well -- but instead, leases out its land for exploration and development companies (E&P) for fee income and royalties on the oil and gas that gets pumped out of its land." * 5 Cybersecurity Stocks to Watch As the Trend Heats Up So VNOM stock is set up to profit even if OPEC increases their oil flow. That means the company is probably going to be in the running for the Best Stocks title all year.Read more about VNOM from George here. Lululemon (LULU)Source: Shutterstock Investor: Louis Navellier YTD Change: 35%Lululemon Athletica (NASDAQ:LULU) has been one of the primary beneficiaries of the athleisure trend, but that is only the tip of the iceberg when looking at why it has surged so strongly through the first quarter.A feature LULU shares with tech titan Apple (NASDAQ:AAPL) is how both companies are able to charge premium prices for their goods, a move which can only help with the financials. And the financials for Lululemon are great. Looking at the earnings reports can lead you to another of the spectacular reasons LULU is surging.As Navellier puts it, "Lululemon's same-store sales for the past fiscal year were up a staggering 16%. Usually, high single-digit growth is impressive."A membership program. Brand loyalty. Pricing power. Any investor looking for reasons to get into Lululemon can find a full plate of them, and LULU stock seems poised to keep flexing through the rest of the Best Stocks contest.Read more about LULU from Navellier here. Charlotte's Web Holdings (CWBHF)Source: Shutterstock Investor: Matt McCall YTD Change: 81%CBD stock Charlotte's Web Holdings Inc (OTCMKTS:CWBHF) took the top spot in the first quarter of our 2019 Best Stocks contest.There are plenty of reasons for this. Marijuana companies have been hot lately, for a start. Charlotte's Web has a great story and a leadership position in the CBD sector. According to McCall, "It produces and distributes CBD wellness products to nearly 3,700 retail locations. It sells everything from tinctures to topicals to capsules, both online and in stores. It also has a line of pet-focused products, which is a niche area that is booming right now."And with the Farm Bill making changes to the federal legality of hemp, that sector could be expanding.And earnings recently put a bow on this pretty package. As McCall wrote, "Fourth-quarter 2018 results were released after the close on March 28 and marked the 12th consecutive quarter of revenue growth for the company. The top line came in at $21.5 million, up 71% from one year earlier and 21% from the third quarter. Both figures are extremely impressive." * 5 Low-Priced Tech Stocks With Great Potential It looks like more good things could be ahead for CWBHF, and if the trend continues, it could take the 2019 Best Stocks title going away.Read more about CWBHF from McCall here.Jessica Loder is an assistant editor for InvestorPlace.com. As of this writing, she did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post 10 Best Stocks for 2019: The Race Is On appeared first on InvestorPlace.