EPS for Viper Energy Partners LP (VNOM) Expected At $0.21; Talara Capital Management Has Upped By $6.77 Million Its Qep Res (QEP) Stake

October 13, 2017 - By Maria Brooks

Talara Capital Management Llc increased Qep Res Inc (QEP) stake by 67.26% reported in 2017Q2 SEC filing. Talara Capital Management Llc acquired 676,511 shares as Qep Res Inc (QEP)’s stock declined 33.02%. The Talara Capital Management Llc holds 1.68M shares with $16.99 million value, up from 1.01M last quarter. Qep Res Inc now has $2.15 billion valuation. The stock rose 1.47% or $0.13 reaching $8.95 per share. About 2.12 million shares traded. QEP Resources Inc (NYSE:QEP) has declined 34.57% since October 13, 2016 and is downtrending. It has underperformed by 51.27% the S&P500.

Analysts expect Viper Energy Partners LP (NASDAQ:VNOM) to report $0.21 EPS on November, 6.They anticipate $0.09 EPS change or 75.00% from last quarter’s $0.12 EPS. VNOM’s profit would be $23.92M giving it 22.26 P/E if the $0.21 EPS is correct. After having $0.23 EPS previously, Viper Energy Partners LP’s analysts see -8.70% EPS growth. About 375,127 shares traded or 142.28% up from the average. Viper Energy Partners LP (NASDAQ:VNOM) has declined 0.22% since October 13, 2016 and is downtrending. It has underperformed by 16.92% the S&P500.

Among 22 analysts covering QEP Resources (NYSE:QEP), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. QEP Resources had 46 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of QEP Resources Inc (NYSE:QEP) earned “Neutral” rating by Goldman Sachs on Thursday, October 6. The stock of QEP Resources Inc (NYSE:QEP) earned “Buy” rating by Cowen & Co on Wednesday, September 27. The firm earned “Buy” rating on Thursday, November 19 by Goldman Sachs. The firm has “Outperform” rating given on Monday, July 18 by BMO Capital Markets. The stock has “Buy” rating by Cowen & Co on Friday, August 25. As per Monday, June 26, the company rating was maintained by BMO Capital Markets. The firm has “Overweight” rating given on Tuesday, September 26 by Barclays Capital. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, December 9 report. As per Thursday, July 14, the company rating was maintained by Barclays Capital. As per Friday, July 28, the company rating was downgraded by JP Morgan.

Investors sentiment increased to 1.3 in 2017 Q2. Its up 0.25, from 1.05 in 2017Q1. It increased, as 35 investors sold QEP shares while 75 reduced holdings. 32 funds opened positions while 111 raised stakes. 221.16 million shares or 1.99% more from 216.85 million shares in 2017Q1 were reported. Arizona State Retirement System holds 0.01% or 101,400 shares. Hsbc Holding Public Ltd Com holds 0% or 30,479 shares in its portfolio. Parkside Comml Bank holds 0% or 152 shares in its portfolio. State Treasurer State Of Michigan, Michigan-based fund reported 99,100 shares. Next Financial Group Inc has 0% invested in QEP Resources Inc (NYSE:QEP) for 2,817 shares. Shelton Capital Mngmt has 0.01% invested in QEP Resources Inc (NYSE:QEP). Manufacturers Life Insurance The invested 0% in QEP Resources Inc (NYSE:QEP). Caymus Cap Prtnrs LP invested in 7.93M shares or 9.19% of the stock. Bnp Paribas Arbitrage Sa reported 145,325 shares. Howe & Rusling Incorporated has 283 shares. Ubs Asset Americas Inc, a Illinois-based fund reported 271,533 shares. 182 are owned by Advisory Ntwk Ltd Liability. Nationwide Fund Advisors reported 0.02% in QEP Resources Inc (NYSE:QEP). Northwestern Mutual Wealth Mngmt invested in 0% or 34 shares. National Bank & Trust Of Montreal Can accumulated 208,279 shares.

Among 13 analysts covering Viper Energy Partners (NASDAQ:VNOM), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Viper Energy Partners had 27 analyst reports since August 7, 2015 according to SRatingsIntel. Mizuho initiated the stock with “Neutral” rating in Thursday, October 6 report. Barclays Capital maintained Viper Energy Partners LP (NASDAQ:VNOM) on Wednesday, September 30 with “Overweight” rating. The firm has “Buy” rating given on Thursday, September 7 by Stifel Nicolaus. Raymond James upgraded the shares of VNOM in report on Tuesday, February 21 to “Strong Buy” rating. The company was maintained on Wednesday, August 2 by Stifel Nicolaus. The firm earned “Buy” rating on Thursday, June 29 by Stifel Nicolaus. The stock has “Outperform” rating by Scotia Capital on Tuesday, July 25. Northland Capital maintained it with “Outperform” rating and $20 target in Friday, August 7 report. Piper Jaffray initiated Viper Energy Partners LP (NASDAQ:VNOM) rating on Friday, May 26. Piper Jaffray has “Buy” rating and $2200 target. The stock of Viper Energy Partners LP (NASDAQ:VNOM) has “Outperform” rating given on Tuesday, January 31 by Credit Suisse.

Viper Energy Partners LP is engaged in owning, acquiring and exploiting oil and natural gas properties in North America. The company has market cap of $2.13 billion. The Company’s assets are located in the Permian Basin of West Texas. It has a 24.96 P/E ratio. As of December 31, 2016, the Permian Basin consisted of approximately 85,000 square miles.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com