Viper Energy Partners: Expect Weaker Q4 Performance But Company Still A Winner

Jan. 30, 2023 5:56 PM ETViper Energy Partners LP (VNOM)FANG, NOG, PHX2 Comments


  • Viper Energy Partners LP could be a good way to expose your consumer exposure to energy prices.
  • The company's cash flows and distributions tend to vary based on energy prices.
  • We may see a short-term decline in energy prices in 2023, but it will likely not be a substantial fall.
  • Viper Energy Partners boasts a reasonably strong balance sheet, although its leverage ratio is a bit high.
  • The company's distribution coverage is acceptable, but I would rather see a distribution than a buyback.
  • This idea was discussed in more depth with members of my private investing community, Energy Profits in Dividends. Learn More »

Working Pumpjacks On Sunset


Viper Energy Partners LP (NASDAQ:VNOM) is an interesting master limited partnership that acts as something of a combination of a hydrocarbon streaming company and a royalty trust. Basically, the company owns land that is operated by Diamondback Energy, Inc. (

VNOM Net Acreage Map

Viper Energy Partners

U.S. Oil and Gas Production by Basin

U.S. Energy Information Administration

VOM Cash Flow by Quarter

Viper Energy Partners

Crude Oil Prices 6-Mo.


Business Insider

VNOM Dividend History


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Power Hedge is an independent stock research and analysis firm with a passion for macro- and microeconomic analysis. Power Hedge focuses our research primarily on dividend-paying, international companies of all sizes with sustainable competitive advantages. Power Hedge is neither a permabear nor a permabull. However, we believe that, given the current structural problems in the United States, the best investment opportunities may lie elsewhere in the world. The firm's strategy is primarily buy and hold, but will stray from that strategy on occasion. Our ideal holding period is forever, however we realize that both internal and external forces can impact an investment. For this reason, we believe that it is vital to keep a close eye on all of your investments. We do not believe in changing an investment based on short-term market swings.

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