Viper Energy (VNOM) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.76
- Estimate
- $0.83
- Surprise
- -8.7%
- Score at report (before → after)
- 5.8 → 6.0/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Viper Energy (VNOM) missed the $0.83 estimate with diluted EPS of $0.76 — a clear 8.7% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Hold at 6.0/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates VNOM Buy (Wait) at 6.6/10.
2 of the last 4 quarters beat the estimate; this quarter's -8.7% surprise compares with a -0.2% four-quarter average. Next scheduled report: 2026-11-02.
What supports the rating
- Sector modifier (Energy): +1.2
- Positive news sentiment (+0.67)
What argues against it
- Concentration risk — Geographic: Permian Basin
- Concentration risk — Geographic: Wolfberry resource play in the Midland Basin
- News modifier +1: HOLD_IF_HOLDING → STRONG_BUY_WAIT
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $44.25
- Entry target
- $44.21
- Price target
- $50.18
- Stop
- $42.51
- Upside to target
- +13.4%
- Reward-to-risk
- 1.6:1
Model outputs from TrendMatrix’s engine as of 2026-09-05 — shown for context, not personalized investment advice.
VNOM at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $23.26B
- P/E (fwd)
- 17.9
- 52-week range
- $35.10–$51.13
- Off 52-week high
- 13.5%
- RSI (14)
- 60
- Volume vs avg
- 0.59×
- Score today
- 6.6/10