Q4 Financial Results today - Feb 20

[dan_s]

Black Stone Minerals (BSM) reported Q4 results after the markets closed yesterday. I am updating my forecast now.

Three companies that will announce Q4 results after the markets close today:
Diamondback Energy (FANG)
Matador Resources (MTDR) < One of the best takeover targets remaining in the Permian Basin; trading at a 38% discount to my valuation of $82/share.
Viper Energy (VNOM) < Minerals company controlled by FANG

All three will report strong Q4 results, with lots of free cash flow from operations.
Their 2024 guidance will have the most impact on my stock valuation.