Viper Energy (VNOM) Up 3.7% Since Last Earnings Report: Can It Continue?

Core Viewpoint - Viper Energy Partners has seen a 3.7% increase in shares over the past month, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Estimates Movement - Estimates for Viper Energy have remained flat over the past month, with a consensus estimate shift of -10.25% [2] VGM Scores - Viper Energy has an average Growth Score of C, a Momentum Score of B, and a Value Score of F, resulting in an aggregate VGM Score of D, indicating a poor performance in the value investment strategy [3] Outlook - Viper Energy holds a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the upcoming months [4] Industry Performance - Viper Energy is part of the Zacks Oil and Gas - Exploration and Production - United States industry, where EOG Resources has gained 3.8% over the past month, reporting revenues of $5.67 billion with a year-over-year change of -7.4% [5] - EOG Resources is expected to post earnings of $2.12 per share for the current quarter, reflecting a year-over-year change of -32.9%, with a Zacks Consensus Estimate change of -8.7% over the last 30 days [6]