Viper Energy Partners LP

Viper Energy Partners LPverified

VNOM

Price:

$48.1644

Market Cap:

$9.07B

Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2021, it had mineral interests in 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and estimated proved oil and natural gas reserves of 127,888 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.[Read more]

Industry

Oil & Gas Midstream

IPO Date

2014-06-18

Stock Exchange

NASDAQ

Ticker

VNOM

The Current Ratio as of December 2024 (TTM) for Viper Energy Partners LP (VNOM) is 7.24

According to Viper Energy Partners LP’s latest financial reports and current stock price. The company's current Current Ratio is 7.24. This represents a change of 31.23% compared to the average of 5.52 of the last 4 quarters.

Viper Energy Partners LP (VNOM) Historical Current Ratio (quarterly & annually)

How has VNOM Current Ratio performed in the past?

The mean historical Current Ratio of Viper Energy Partners LP over the last ten years is 18.93. The current 7.24 Current Ratio has changed 3.73% with respect to the historical average. Over the past ten years (40 quarters), VNOM's Current Ratio was at its highest in in the December 2015 quarter at 125.10. The Current Ratio was at its lowest in in the June 2020 quarter at 0.93.

Quarterly (TTM)
Annual

Average

18.93

Median

7.63

Minimum

1.20

Maximum

125.10

Viper Energy Partners LP (VNOM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Viper Energy Partners LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.06%

Maximum Annual Current Ratio = 125.10

Minimum Annual Increase = -91.30%

Minimum Annual Current Ratio = 1.20

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.32-20.16%
20225.4118.98%
20214.54277.77%
20201.20-77.77%
20195.41-50.08%
201810.839.99%
20179.85-9.50%
201610.88-91.30%
2015125.10964.59%
201411.751.06%

Viper Energy Partners LP (VNOM) Average Current Ratio

How has VNOM Current Ratio performed in the past?

The current Current Ratio of Viper Energy Partners LP (VNOM) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.75

5-year avg

4.18

10-year avg

18.93

Viper Energy Partners LP (VNOM) Current Ratio vs. Peers

How is VNOM’s Current Ratio compared to its peers?

Viper Energy Partners LP’s Current Ratio is greater than Crestwood Equity Partners LP (1.31), greater than Western Midstream Partners, LP (1.11), greater than DT Midstream, Inc. (0.95), greater than MPLX LP (0.99), greater than Holly Energy Partners, L.P. (0.11), less than BP Prudhoe Bay Royalty Trust (27.34), greater than FLEX LNG Ltd. (2.21), greater than Hess Midstream LP (0.70), greater than NuStar Energy L.P. (0.81), greater than EnLink Midstream, LLC (0.42), greater than Plains All American Pipeline, L.P. (1.01), greater than Genesis Energy, L.P. (1.03),

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