Evaluating NASDAQ:VNOM for Growth Investment Opportunities.

In this article we will dive into VIPER ENERGY INC (NASDAQ:VNOM) as a possible candidate for growth investing. Investors should always do their own research, but we noticed VIPER ENERGY INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of VIPER ENERGY INC

• The earnings per share (EPS) of VIPER ENERGY INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 29.79% increase. This reflects the company's ability to improve its profitability over time.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 34.78%, VIPER ENERGY INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• Over the past 3 years, VIPER ENERGY INC has demonstrated 113.0% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• The Return on Equity (ROE) of VIPER ENERGY INC stands at 19.38%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• VIPER ENERGY INC has exhibited strong Relative Strength(RS) in recent periods, with a current 90.96 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. VIPER ENERGY INC shows promising potential for continued price momentum.
• With a current Debt-to-Equity ratio at 1.01, VIPER ENERGY INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With 45.77% of the total shares held by institutional investors, VIPER ENERGY INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Insights from Technical Analysis

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 10 out of 10 to VNOM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VNOM is showing a nice and steady performance.

• The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
• When comparing the yearly performance of all stocks, we notice that VNOM is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by VNOM over the past year are nicely spread over this period.
• VNOM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 209 stocks in the same industry.
• VNOM is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so VNOM slightly outperforms the market at the moment.

Check the latest full technical report of VNOM for a complete technical analysis.

How does the complete fundamental picture look for NASDAQ:VNOM?

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to VNOM. VNOM was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of VNOM get a neutral evaluation. Nothing too spectacular is happening here. VNOM is not valued too expensively and it also shows a decent growth rate.

Check the latest full fundamental report of VNOM for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.