VIPER ENERGY INC (NASDAQ:VNOM) – A Strong Growth Stock with Technical Breakout Potential

Viper Energy Inc (NASDAQ:VNOM) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamental growth metrics with a technical pattern that suggests potential upside. Below, we examine why VNOM stands out in both areas.

Fundamental Strengths

• Growth Rating (7/10): Viper Energy has demonstrated strong revenue growth, averaging 23.60% annually over recent years. Analysts expect continued growth, with revenue projected to rise by 23.13% yearly in the coming years.
• Profitability (7/10): The company maintains high margins, including a 92.95% gross margin and a 64.72% operating margin, outperforming most peers in the oil and gas sector.
• Financial Health (6/10): While debt levels are manageable, liquidity is strong, with a current ratio of 8.70, indicating no short-term solvency concerns.

Technical Setup

• Setup Rating (8/10): The stock is consolidating after a pullback, with reduced volatility suggesting a potential breakout. Key resistance lies near $41.68-$43.19, while support is found around $40.57-$40.85.
• Trend Signals: The short-term trend is positive, though the long-term trend remains negative. A break above resistance could signal further upside.

Our Strong Growth Stocks with Good Technical Setup screener lists more stocks with similar characteristics.
For a deeper analysis, review the full fundamental report and technical report.

Disclaimer

This is not investment advice. The observations here are based on current data, but market conditions can change. Always conduct your own research before making investment decisions.