Viper Energy Partners: Not A Fan Of Its Buybacks, But Good Q3 Nonetheless

Nov. 15, 2022 6:55 PM ETViper Energy Partners LP (VNOM)8 Comments

Summary

  • Viper Energy Partners LP delivered very strong YoY performance, with the company showing growth in all measures of performance.
  • The fourth quarter will likely be a bit weaker than the third due to lower energy prices and static-to-declining production.
  • The long-term future of Viper Energy Partners is quite positive, as energy prices are almost certain to rise going forward.
  • The company can easily afford its current distribution.
  • Viper Energy is spending too much on buybacks at the expense of current distributions, which is rather irritating.
  • This idea was discussed in more depth with members of my private investing community, Energy Profits in Dividends. Learn More »

Fracking Oil Well

grandriver

On Monday, November 7, 2022, energy royalty company Viper Energy Partners LP (NASDAQ:VNOM) announced its third quarter 2022 earnings results. At first glance, these results were quite positive, as the company beat the expectations of its analysts in terms

WTI YTD Chart

Business Insider

IEA Demand Growth Projections by Fuel

Pembina Pipeline/Data from IEA 2020 World Energy Outlook

Federal Acres Leased First Nineteen Months

Wall Street Journal

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