Countdown to Viper Energy (VNOM) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts forecast a quarterly earnings per share (EPS) of $0.41 for Viper Energy Partners (VNOM), indicating a year-over-year decline of 38.8%, while revenues are expected to reach $223.18 million, reflecting a 9% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 6.9% over the past 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Key Metrics Projections - Natural Gas Income is estimated at $4.91 million, showing a year-over-year decline of 38.5% [5]. - Natural Gas Liquids Income is projected to be $21.35 million, reflecting a 12.5% increase from the previous year [5]. - Oil Income is expected to reach $191.11 million, indicating a 9.1% increase year-over-year [5]. - Royalty Income is forecasted at $210.91 million, suggesting a 4.3% increase compared to last year [6]. Production and Sales Estimates - Average daily combined volumes are projected at 54,471.87 BOE/D, up from 43,783 BOE/D reported in the same quarter last year [6]. - Average sales prices for Natural Gas Liquids are expected to be $20.09, down from $21.47 a year ago [7]. - Crude Oil production is anticipated to reach 2,729.34 MBBL, compared to 2,257 MBBL in the same quarter last year [7]. - Average sales prices for Crude Oil are forecasted at $70.48, down from $77.65 year-over-year [7]. - Total Production is expected to be 4,932.60 MBOE, compared to 4,028 MBOE reported in the same quarter last year [8]. - Production of Natural Gas is projected at 6,646.17 MMcf, up from 5,321 MMcf in the same quarter last year [9]. Market Performance - Viper Energy shares have returned -3.8% over the past month, contrasting with a +4.7% change in the Zacks S&P 500 composite [9].