Viper Energy VNOM
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Viper Energy (VNOM) Business Model and Operations Summary
Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2021, it had mineral interests in 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and estimated proved oil and natural gas reserves of 127,888 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.
Key Insights
Viper Energy (VNOM) Core Market Data and Business Metrics
Latest Closing Price
$39.845Market Cap
$9.11 BillionAverage Daily Volume
1,904,511 Shares52-Week Range
$34.71-$56.76Price-Earnings Ratio
11.07Total Outstanding Shares
169.32 Million SharesCEO
Mr. Matthew Kaes Van't HofTotal Employees
0Current Dividend
$0.33 Per Share QuarterlyIPO Date
June 18, 2014