
Viper Energy (VNOM) Just Had a Strong Q3. But is the Stock at Risk Now That the Blue Wave is Here?
Energy stocks have rallied about 41% this year, far ahead of the broader market's roughly 11%, as the Strait of Hormuz blockage choked around a third of global oil and LNG supplies and lifted prices and margins. The article cites a New York Times estimate that 51 large U.S. oil and gas companies earned more than $130 billion in profits from April through September. It weighs whether Viper Energy, after a strong third quarter, now faces risk from the new "blue wave" in Washington.
Summary written by Readthrough from the original article. The full story, with photos and any updates, is at Yahoo Finance (XLE, crude).


