Viper Energy Partners LP
NASDAQ:VNOM

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Viper Energy Partners LP
NASDAQ:VNOM
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Price: 47.64 USD -0.71% Market Closed
Market Cap: 9B USD
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Viper Energy Partners LP
Other Long-Term Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Viper Energy Partners LP
Other Long-Term Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Long-Term Assets CAGR 3Y CAGR 5Y CAGR 10Y
Viper Energy Partners LP
NASDAQ:VNOM
Other Long-Term Assets
$125m
CAGR 3-Years
55%
CAGR 5-Years
-8%
CAGR 10-Years
N/A
EQT Corp
NYSE:EQT
Other Long-Term Assets
$300.4m
CAGR 3-Years
-14%
CAGR 5-Years
2%
CAGR 10-Years
15%
Hess Corp
NYSE:HES
Other Long-Term Assets
$2.4B
CAGR 3-Years
47%
CAGR 5-Years
33%
CAGR 10-Years
0%
EOG Resources Inc
NYSE:EOG
Other Long-Term Assets
$1.9B
CAGR 3-Years
13%
CAGR 5-Years
22%
CAGR 10-Years
17%
Diamondback Energy Inc
NASDAQ:FANG
Other Long-Term Assets
$214m
CAGR 3-Years
8%
CAGR 5-Years
-7%
CAGR 10-Years
15%
Conocophillips
NYSE:COP
Other Long-Term Assets
$2.8B
CAGR 3-Years
6%
CAGR 5-Years
15%
CAGR 10-Years
10%
No Stocks Found

Viper Energy Partners LP
Glance View

Market Cap
9B USD
Industry
Energy
Economic Moat
Narrow

Viper Energy Partners LP stands out in the oil and gas industry due to its unique business model centered on mineral rights acquisition. Formed by Diamondback Energy, a well-known player in the Permian Basin, Viper Energy Partners was established to manage and optimize the vast mineral rights held and acquired by Diamondback. Unlike traditional exploration and production companies, Viper Energy focuses on owning mineral interests rather than working interests. This strategic choice reduces operational risks, as Viper doesn't directly engage in drilling operations. Instead, it generates revenue through leasing agreements with operators who extract oil and gas from its lands. This means while others bear the costs and risks associated with drilling and production, Viper essentially collects royalties—a steady revenue stream influenced by production levels and oil and gas prices. The heart of Viper's profitability lies in its extensive mineral and royalty interests scattered across some of the most prolific areas within the Permian Basin. As operators ramp up production on these lands, Viper benefits without the operational headaches typical of oil companies. Additionally, the company actively seeks to expand its portfolio through strategic acquisitions, bolstering its income potential. This asset-light model ensures that Viper can maintain strong financial health, appealing to investors seeking exposure to the oil and gas sector without the volatility often associated with exploration and production risks. In essence, Viper Energy Partners has carved out a niche in the energy sector by capitalizing on its ability to monetize mineral rights effectively, establishing itself as a significant player in the Permian Basin’s dynamic landscape.

VNOM Intrinsic Value
37.44 USD
Overvaluation 21%
Intrinsic Value
Price

See Also

What is Viper Energy Partners LP's Other Long-Term Assets?
Other Long-Term Assets
125m USD

Based on the financial report for Sep 30, 2024, Viper Energy Partners LP's Other Long-Term Assets amounts to 125m USD.

What is Viper Energy Partners LP's Other Long-Term Assets growth rate?
Other Long-Term Assets CAGR 5Y
-8%

Over the last year, the Other Long-Term Assets growth was 20%. The average annual Other Long-Term Assets growth rates for Viper Energy Partners LP have been 55% over the past three years , -8% over the past five years .

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