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Viper Energy (VNOM) Beats Expectations in Q1, Raises 2026 Output Guidance
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Viper Energy, Inc. (NASDAQ:VNOM) is included among the 10 Energy Stocks that Crushed Earnings Estimates in the First Quarter. Viper Energy, Inc. (NASDAQ:VNOM) is a publicly traded Delaware corporation focused on owning and acquiring mineral and royalty interests, primarily in the Permian Basin. Viper Energy, Inc. (NASDAQ:VNOM) announced better-than-expected results for its Q1 2026 on May 4, with the company’s adjusted earnings of $1.22 per share beating estimates by $0.69. The energy firm also exceeded expectations with an average production of 130,711 boepd during the quarter, including average oil production of 65,000 bpd. Moreover, Viper Energy, Inc. (NASDAQ:VNOM) announced the Riverbend acquisition, in which it will acquire more than 3,000 net royalty acres and roughly 2,000 barrels of daily oil production, paid using $337 million in cash and 3.7 million Class A shares. Given the strong start to the year, Viper Energy, Inc. (NASDAQ:VNOM) increased the midpoint of its full-year 2026 oil production guidance by roughly 2.5%, driven primarily by Diamondback’s increased near-term activity and continued development of Viper’s high concentration royalty interest. Notably, the raised production outlook represents over 5% organic growth relative to the company’s pro forma 2025 exit rate. Viper Energy, Inc. (NASDAQ:VNOM) also declared a quarterly dividend of $0.68 per share on May 5. The stock currently boasts an impressive annual dividend yield of 4.74% and was recently included in our list of the 15 Best High Yield Energy Stocks to Buy Right Now. While we acknowledge the potential of VNOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best US Stocks to Invest in According to Billionaires and 10 Best Clean Energy Stocks to Buy Right Now Disclosure: None. Follow Insider Monkey on Google News.
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