Sign in

    Aaron Bilkoski

    Senior Research Analyst specializing in oil and gas equity research at TD Securities

    Aaron Bilkoski is a Senior Research Analyst specializing in oil and gas equity research at TD Securities, where he has been responsible for coverage of leading energy producers such as EQT, Antero Resources, Viper Energy Partners, Peyto Exploration & Development, and NuVista Energy. He has issued over 50 documented price targets with a success rate of 68.57%, achieving an average upside of 25.08% within 278 days and earning a reputation for high-performing stock recommendations, notably delivering a 29.73% return on Antero Resources in just 18 days. Bilkoski began his research career in 2009 at TD Cowen and has previously held roles at Salman Partners, building a robust track record in the energy sector. His professional credentials include extensive industry experience and active registration with major securities regulatory bodies.

    Aaron Bilkoski's questions to Viper Energy (VNOM) leadership

    Aaron Bilkoski's questions to Viper Energy (VNOM) leadership • Q2 2025

    Question

    Aaron Bilkoski from TD Securities asked for clarification on the expected 5.9% Net Royalty Interest (NRI) in Diamondback-operated wells through 2029, questioning if the NRI would be consistent annually or front-weighted in the earlier years.

    Answer

    Kaes Van’t Hof, CEO & Director, responded that the key metric is the net well count, which is expected to be around 25 net wells per year. He clarified that this would be slightly front-weighted, with activity in 2026 and 2027 biased a touch higher, driving near-term absolute growth, but would remain relatively consistent over the five-year outlook.

    Ask Fintool Equity Research AI

    Aaron Bilkoski's questions to Viper Energy (VNOM) leadership • Q2 2025

    Question

    Aaron Bilkoski of TD Securities sought clarification on the expected 5.9% Net Royalty Interest (NRI) in Diamondback-operated wells through 2029, asking if the NRI realization would be consistent or front-weighted in the earlier years of the forecast.

    Answer

    CEO Kaes Van’t Hof responded that the key driver is the net well count, projected at around 25 net wells per year. He specified that this activity will be slightly front-weighted, with 2026 and 2027 being modestly higher, which will drive near-term growth. However, he emphasized that over the full five-year period, the exposure to Diamondback's development plan will remain consistently strong.

    Ask Fintool Equity Research AI