Oil has had a crazy decade plus. From super high prices in 2008 with experts predicting $200 per barrel to negative prices last year during a time when little economic activity was happening.

Today the oil price looks healthy and a strong uptrend is in place. We should expect higher prices ahead due to many issues such as carbon restrictions, OPEC staying tight, lack of funding for new projects and a general rise in commodity prices.

Take advantage of the perfect storm in the oil markets.

This little known energy company is growing rapidly. Viper Energy Partners (VNOM) holds mineral assets on roughly 787,000 gross acres positioned in the Permian and Eagle Ford basins.

The company has quickly gone from $1.4 billion valuation at IPO to greater than $4 billion market cap today.

The company has proven reserves of 100 million barrels of oil equivalent (BOE) with 58% being oil and 42% natural gas.

Even in the worst of the pandemic the company continued its growth strategy increasing barrels produced by 27% to 9.4 million BOE.

Buy this fast growing royalty company with assets in the best US shale fields. The company will continue to benefit from rising oil and gas prices.

Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.

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