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Viper Energy: Q2 Earnings Snapshot
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Viper Energy: Q2 Earnings Snapshot
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Special Update: Our Most Recent Live Q&A Replay Is Here
The Canadian investing team took to
Zoom(NASDAQ:ZM) once again this week and were overwhelmed by the audience. Literally. We filled the seat capacity that we didn’t even know existed. As we’ve indicated elsewhere, we’re relatively new to this broadcast game and there’s a learning curve involved. Next time around, there will be plenty of room for all.
In the meantime, the recording has been turned around by the production team, transcript and all, and we’re pleased to share the proceedings as they were.
Viper Energy: Q1 Earnings Snapshot
May 3, 2021
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MIDLAND, Texas (AP) Viper Energy Partners LP (VNOM) on Monday reported a loss of $3 million in its first quarter.
The Midland, Texas-based company said it had a loss of 5 cents per share. Losses, adjusted for non-recurring gains, came to 8 cents per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The oil and gas company posted revenue of $97 million in the period, topping Street forecasts. Six analysts surveyed by Zacks expected $83.5 million.
Viper Energy shares have increased 58% since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.31, more than doubling in the last 12 months.
Viper Energy: Q1 Earnings Snapshot
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