Viper Energy, Inc. (NASDAQ:VNOM) is included among the The 15 Best High-Yield Energy Stocks to Buy Right Now.
Viper Energy, Inc. (NASDAQ:VNOM) is a publicly traded Delaware corporation focused on owning and acquiring mineral and royalty interests primarily in the Permian Basin.
On May 27, Morgan Stanley raised its price target on Viper Energy, Inc. (NASDAQ:VNOM) from $44 to $49, while maintaining an “overweight” rating on the stock. The revised target indicates a 5% increase from current levels.
Morgan Stanley highlighted how crude oil, LNG and refining margins have reached their highest levels since Russia invaded Ukraine in 2022. The analyst noted that even if the war in Iran subsides, price levels appear less likely to return to their previous levels in the near term.
As a result, Morgan Stanley updated its pricing table, raising its 2026 WTI benchmark by 44%, NGLs by 40%, and cracks by 35%. Additionally, the company noted that its EBITDA estimates across all North American energy operators are increasing by an average of around 40% for this year and 23% for 2027.
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