Viper Energy, headquartered in Midland, Texas, focuses on acquiring oil and natural gas properties in the Permian Basin, holding 1,197,638 gross acres with estimated reserves of 179,249 MBOE. The company's reserves comprise approximately 50% oil, 25% natural gas liquids, and 25% natural gas.
Viper Energy (VNOM) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Viper Energy's actual EPS was $0.41, beating the estimate of $0.45 per share, resulting in a 10.85% surprise.
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