VNOM - Viper Energy: Massive Income Potential And 9% FCF Yield At $80 Oil Prices
2024-05-21 12:41:45 ET
Summary
- The demand for fossil fuels remains strong, giving a stable basis for elevated oil and gas prices.
- Viper Energy focuses on owning and acquiring mineral and royalty interest in oil and natural gas assets in the Permian Basin.
- It has a fantastic business model of low costs and elevated free cash flow and plans to distribute most of its cash to shareholders.
Introduction
It's time to discuss Viper Energy ( VNOM ) , a company I consider one of the best ways to buy elevated income and capital gains.
On May 19, I wrote an article titled Paradigm Shift! 4 Of My Favorite Dividend Stocks To Buy Right Now," which was based on a follower request and included some of my favorite dividend stocks with favorable valuations - including VNOM....
Viper Energy: Massive Income Potential And 9% FCF Yield At $80 Oil Prices