Viper Energy, Inc. (VNOM) climbed 6.96 percent to $41.80 during Thursday's trading, which might be due to the company's preliminary first-quarter 2025 results released the previous day, signaling continued flexibility in executing its stock repurchase program amid market volatility.
Shares opened at $39.56 and ranged between $39.52 and $41.92 on the Nasdaq. Volume reached 720,127 shares, below the daily average of 1.9 million. The stock has traded between $34.71 and $56.76 over the past year.
The company reported average production of 31,311 barrels of oil per day and realized commodity hedging gains of $9.1 million. It achieved unhedged realized prices of $71.33 per barrel of oil and $24.52 for natural gas liquids.
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