VNOM - Shares of Viper Energy Partners LP (VNOM) Exceed 52-Week High
Shares of Viper Energy Partners LP (NASDAQ:VNOM) traded today at $27.95, eclipsing its 52-week high. This new high was reached on below average trading volume as 273,000 shares traded hands, while the average 30-day volume is approximately 765,000 shares.
Potential upside of 2,005.5% exists for Viper Energy Partners LP, based on a current level of $27.49 and analysts' average consensus price target of $578.79.
In the past 52 weeks, Viper Energy Partners LP share prices are bracketed by a low of $13.44 and a high of $27.95 and is now at $27.49, 105% above that low price.
Viper Energy Partners was formed by Diamondback Energy in 2014 to own mineral royalty interests in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.
Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer