V
Viper Energy, Inc.
VNOMCIK 0002074176NasdaqLarge AcceleratedCrude Petroleum & Natural GasDelawareFY ends Dec 31
Period
FY 2025
Revenue
$1.40B
Net Income
$-68.00M
Total Assets
$12.67B
Equity
$4.45B
Shares Out
—
Op. Cash Flow
$1.05B
Business
Viper Energy, Inc. is a publicly listed company in Crude Petroleum & Natural Gas, incorporated in Delaware. Common stock trades on Nasdaq under the ticker VNOM.
Auto-generated from company profile
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Royalty income | 1,346 | 854 | 717 | |
| Other operating income | 1 | 1 | 1 | |
| Total operating income | 1,395 | 861 | 828 | |
| Production and ad valorem taxes | 94 | 61 | 50 | |
| Depletion | 607 | 214 | 146 | |
| Impairment | 768 | 0 | 0 | |
| Other operating expenses | 31 | 0 | 1 | |
| Total costs and expenses | 1,535 | 294 | 208 | |
| Income (loss) from operations | −140 | 567 | 620 | |
| Interest expense, net | −96 | −74 | −47 | |
| Gain (loss) on derivative instruments, net | 44 | 11 | −26 | |
| Gain (loss) on early extinguishment of debt | −32 | 0 | 0 | |
| Other income (expense), net | −1 | 0 | 0 | |
| Total other income (expense), net | −85 | −63 | −73 | |
| Income (loss) before income taxes | −225 | 504 | 547 | |
| Provision for (benefit from) income taxes | −19 | −100 | 46 | |
| Net income (loss) | −206 | 604 | 501 | |
| Net income (loss) attributable to non-controlling interest | −138 | 245 | 301 | |
| Net income (loss) attributable to Viper Energy, Inc. | −68 | 359 | 200 | |
| Basic (dollars per shares) | −0.48 | 3.82 | 2.69 | |
| Diluted (dollars per shares) | −0.48 | 3.82 | 2.69 | |
| Basic (in shares) | 143 | 94 | 74 | |
| Diluted (in shares) | 143 | 94 | 74 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 13 | 27 | — | — | |
| Prepaid expenses and other current assets | 50 | 31 | — | — | |
| Total current assets | 413 | 238 | — | — | |
| Proved properties | 9,746 | 3,533 | — | — | |
| Unproved properties | 4,910 | 2,180 | — | — | |
| Other property, equipment and land | 8 | 6 | — | — | |
| Accumulated depletion and impairment | −2,455 | −1,081 | — | — | |
| Property, net | 12,209 | 4,638 | — | — | |
| Deferred income taxes (net of allowances) | 33 | 185 | — | — | |
| Other assets | 16 | 8 | — | — | |
| Total assets | 12,671 | 5,069 | — | — | |
| Accrued liabilities | 107 | 43 | — | — | |
| Other current liabilities | 4 | 6 | — | — | |
| Total current liabilities | 111 | 49 | — | — | |
| Long-term debt, net | 2,186 | 1,083 | — | — | |
| Other long-term liabilities | 11 | 30 | — | — | |
| Total liabilities | 2,308 | 1,162 | — | — | |
| Commitments and contingencies (Note 12) | — | — | — | — | |
| Additional paid-in capital | 4,726 | 1,569 | — | — | |
| Retained earnings (accumulated deficit) | −278 | 118 | — | — | |
| Total Viper Energy, Inc. stockholders equity | 4,448 | 1,687 | — | — | |
| Non-controlling interest | 5,915 | 2,220 | — | — | |
| Total equity | 10,363 | 3,907 | 2,857 | 2,322 | |
| Total liabilities and stockholders equity | 12,671 | 5,069 | — | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Provision for (benefit from) deferred income taxes | −83 | −149 | −7 | |
| (Gain) loss on derivative instruments, net | −44 | −11 | 26 | |
| Net cash receipts (payments) on derivatives | 30 | −3 | −13 | |
| Other | 13 | 6 | 3 | |
| Royalty income receivable | −25 | −13 | −27 | |
| Royalty income receivablerelated party | −34 | −28 | 3 | |
| Accounts payable and accrued liabilities | −19 | 7 | 6 | |
| Accounts payablerelated party | −2 | 1 | 1 | |
| Other | 16 | −8 | −1 | |
| Net cash provided by (used in) operating activities | 1,053 | 620 | 638 | |
| Proceeds from sale of oil and natural gas interests | 0 | 88 | −3 | |
| Net cash provided by (used in) investing activities | −2,424 | −608 | −908 | |
| Proceeds from debt | 3,250 | 842 | 973 | |
| Repayments of debt | −2,163 | −844 | −462 | |
| Net proceeds from public offering | 1,232 | 476 | 0 | |
| Proceeds from public offering to Diamondback | 0 | 0 | 200 | |
| Dividends to stockholders | −328 | −219 | −129 | |
| Dividends to Diamondback | −361 | −255 | −196 | |
| Dividends to other non-controlling interest | −56 | −7 | 0 | |
| Other | −23 | −4 | −13 | |
| Net cash provided by (used in) financing activities | 1,357 | −11 | 278 | |
| Net increase (decrease) in cash and cash equivalents | −14 | 1 | 8 | |
| Interest paid | −70 | −74 | −40 | |
| Federal | −47 | −53 | −50 | |
| State | −2 | −3 | −1 | |
| Class A Common Stock issued for acquisition | −1,435 | 0 | −255 |
Filings
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