Wells Fargo analyst Hanwen Chang raised the firm’s price target on Viper Energy (VNOM) to $51 from $49 and keeps an Overweight rating on the shares. The firm notes Viper enters 2026 with a streamlined, Permian-only production base and a significantly improved financial profile following the divestiture of non-Permian assets. The company guided mid-single-digit organic oil growth in 2026 from its Permian-only base, which reflects Q4 2025 levels adjusted for divested volumes. This transition enhances mix quality as lower-margin barrels roll off in a softer oil-price environment, positioning Viper for structurally higher cash available for distribution margins and a more predictable volume trajectory, Wells adds.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VNOM:
- Viper Energy price target raised to $60 from $57 at Barclays
- Viper Energy Reports Q3 2025 Results and Strategic Moves
- Viper Energy Partners’ Earnings Call Highlights Growth and Returns
- Viper Energy’s Strong Q3 Performance and Strategic Moves Justify Buy Rating
- Viper Energy reports Q3 adjusted EPS 40c, consensus 39c