Viper Energy, Inc. (VNOM)
Viper Energy Partners LP is an entity dedicated to the ownership, acquisition, and development of oil and natural gas assets across North America. By the end of 2021, the company had established mineral interests encompassing 27,027 net royalty acres, primarily located within the prolific Permian Basin and Eagle Ford Shale formations. At that time, its proven hydrocarbon reserves were estimated to be 127,888 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC acts as the general partner responsible for managing the company's operations. Founded in 2013, Viper Energy Partners LP maintains its headquarters in Midland, Texas, and operates as a subsidiary of Diamondback Energy, Inc.
Sector: Crude Petroleum & Natural Gas
Industry: Oil & Gas Midstream
Viper Energy, Inc.
NASDAQ:VNOMEnergy · Oil & Gas Midstream
+3.51%$46.94
AH Close$46.94-0.00%vs close
AH Close$46.94-0.00%vs close
Mkt Cap$9.13B
Float194.08M
O/S194.41M
Inst Own101.5%
Div Yield5.22%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.35B
Net Income-$68M
Total Assets$12.67B
Free Cash Flow-$1.37B
Debt & Equity
Debt 33%
Equity 67%
Total Debt$2.19B
Total Equity$4.45B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in VNOM's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$12.67B
Liabilities$2.31B
Accounts Receivable$350M
Accounts Payable$0
Inventory$0
PP&E (Net)$12.21B
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $1.35B | $859.75M | $826.79M | $865.77M | $504.3M | $249.57M | $297.93M | $288.69M | $172.03M | $79.15M | $74.86M | $77.77M | $59.95M |
| YoY Growth | 56.6% | 4.0% | -4.5% | 71.7% | 102.1% | -16.2% | 3.2% | 67.8% | 117.4% | 5.7% | -3.7% | 29.7% | - |
| Cost of Revenue | $701M | $275.29M | $196.52M | $177.44M | $135.54M | $120.34M | $97.25M | $77.88M | $51.13M | $35.36M | $40.97M | $32.98M | $3.89M |
| Gross Profit | $645M | $584.45M | $630.27M | $688.32M | $368.75M | $129.22M | $200.67M | $210.81M | $120.91M | $43.78M | $33.89M | $44.79M | $56.06M |
| Gross Margin | 47.9% | 68.0% | 76.2% | 79.5% | 73.1% | 51.8% | 67.4% | 73.0% | 70.3% | 55.3% | 45.3% | 57.6% | 93.5% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $35M | $18.64M | $10.6M | $8.54M | $7.8M | $8.16M | $7.49M | $7.96M | $7.08M | $5.62M | $6.09M | $4.37M | $348K |
| Other | $31M | -$585K | -$553K | -$700K | -$620K | $68.14M | -$355K | $1.92M | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $66M | $18.06M | $10.05M | $7.84M | $7.18M | $76.31M | $7.13M | $7.83M | $7.08M | $5.62M | $6.09M | $4.37M | $21.14M |
| Operating Income (EBIT) | $579M | $566.4M | $620.22M | $680.48M | $361.57M | $52.91M | $193.54M | $202.99M | $113.82M | -$9.31M | $24.38M | $40.42M | $34.92M |
| Operating Margin | 43.0% | 65.9% | 75.0% | 78.6% | 71.7% | 21.2% | 65.0% | 70.3% | 66.2% | -11.8% | 32.6% | 52.0% | 58.2% |
| Interest Expense | $96M | $73.85M | $47.39M | $39.99M | $34.04M | $33M | $21.08M | $13.85M | $3.16M | $2.46M | $1.11M | $11.24M | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$804M | -$62.46M | -$72.93M | -$58.13M | -$103.37M | -$103.86M | -$13.91M | -$12.47M | -$2.34M | -$1.59M | $44K | -$10.78M | -$22.96M |
| Income Before Tax (EBT) | -$225M | $503.94M | $547.29M | $622.35M | $258.2M | -$50.95M | $179.63M | $190.51M | $111.48M | -$10.9M | $24.42M | $29.63M | $11.95M |
| Income Tax Expense | -$19M | -$99.71M | $45.95M | -$32.65M | $1.52M | $142.47M | -$41.58M | -$72.36M | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$68M | $359.25M | $200.09M | $151.67M | $57.94M | -$192.3M | $46.28M | $143.96M | $111.48M | -$10.9M | $24.42M | $22.61M | $11.95M |
| Net Income Margin | -5.1% | 41.8% | 24.2% | 17.5% | 11.5% | -77.1% | 15.5% | 49.9% | 64.8% | -13.8% | 32.6% | 29.1% | 19.9% |
| Supplementary Data | |||||||||||||
| EPS | -0.48 | 3.82 | 2.69 | 2.00 | 0.85 | -2.84 | 0.75 | 2.01 | 1.07 | -0.13 | 0.31 | 0.29 | 0.16 |
| Diluted EPS | -0.48 | 3.82 | 2.69 | 2.00 | 0.85 | -2.84 | 0.75 | 2.01 | 1.07 | -0.13 | 0.31 | 0.29 | 0.16 |
| Weighted Average OS | 142.53M | 93.93M | 74.18M | 75.61M | 68.32M | 67.69M | 61.74M | 71.55M | 104.32M | 83.08M | 79.72M | 78.09M | 76.20M |
| EBITDA | $478M | $791.78M | $740.8M | $783.42M | $395.23M | $82.55M | $278.88M | $261.82M | $154.34M | $21.38M | $63.23M | $68.02M | $55.71M |
| EBITDA Margin | 35.5% | 92.1% | 89.6% | 90.5% | 78.4% | 33.1% | 93.6% | 90.7% | 89.7% | 27.0% | 84.5% | 87.5% | 92.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $13M | $26.85M | $25.87M | $18.18M | $39.45M | $19.12M | $3.6M | $22.68M | $24.2M | $9.21M | $539K | $15.11M | $762K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $13M | $26.85M | $25.87M | $18.18M | $39.45M | $19.12M | $3.6M | $22.68M | $24.2M | $9.21M | $539K | $15.11M | $762K |
| Accounts Receivable | $350M | $182.44M | $112.82M | $88.64M | $70.71M | $34.21M | $68.67M | $42.31M | $30.9M | $13.51M | $9.37M | $8.24M | $9.43M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $50M | $28.75M | $4.83M | $11.8M | $989K | $665K | $397K | $257K | $355K | $687K | $976K | $753K | $0 |
| Total Current Assets | $413M | $238.04M | $143.52M | $118.62M | $111.15M | $53.99M | $72.66M | $65.25M | $55.45M | $23.41M | $10.88M | $24.1M | $10.19M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $12.21B | $4.64B | $3.77B | $2.75B | $2.92B | $2.41B | $2.55B | $1.47B | $914.43M | $611.87M | $483.33M | $478.29M | $442.83M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $92K | $442K | $0 | $0 | $0 | $0 | $6.3M | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $33M | $185.24M | $56.66M | $49.66M | $0 | $0 | $142.47M | $96.88M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $16M | $8.17M | $5.51M | $1.38M | $2.76M | $2.33M | $22.82M | $17.83M | $36.85M | $35.27M | $35.51M | $35.02M | $0 |
| Total Long-Term Assets | $12.26B | $4.83B | $3.83B | $2.8B | $2.92B | $2.41B | $2.71B | $1.59B | $957.59M | $647.14M | $518.85M | $513.3M | $442.83M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $12.67B | $5.07B | $3.97B | $2.92B | $3.03B | $2.46B | $2.79B | $1.65B | $1.01B | $670.55M | $529.73M | $537.4M | $453.02M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $0 | $85K | $19K | $1.13M | $69K | $43K | $0 | $0 | $2.96M | $1.78M | $1K | $6K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $21.85M | $15.22M | $13.4M | $6.67M | $6.5M | $5.63M | $5.04M | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $24M | $2.32M | $2.96M | $0 | $3.42M | $26.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $111M | $48.69M | $33.26M | $21.95M | $24.47M | $44.9M | $13.43M | $6.02M | $5.63M | $2.15M | $87K | $2.05M | $10.04M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $2.19B | $1.08B | $1.08B | $576.89M | $776.73M | $555.64M | $586.77M | $411M | $93.5M | $120.5M | $34.5M | $0 | $440M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $11M | $30.15M | $201K | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $2.2B | $1.11B | $1.08B | $576.9M | $776.73M | $555.64M | $586.77M | $411M | $93.5M | $120.5M | $34.5M | $0 | $440M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.31B | $1.16B | $1.12B | $598.85M | $801.19M | $600.54M | $600.21M | $417.02M | $99.13M | $122.65M | $34.59M | $2.05M | $450.04M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $690.01M | $814.09M | $634.45M | $930.25M | $541.1M | $913.91M | $547.9M | $495.14M | $535.35M | $0 |
| Retained Earnings | -$278M | $118.44M | -$16.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $4.73B | $1.57B | $1.03B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.99M |
| Total Equity | $4.45B | $1.69B | $1.01B | $690.01M | $814.09M | $634.45M | $930.25M | $541.1M | $913.91M | $547.9M | $495.14M | $535.35M | $2.99M |
| Minority Interest | $5.92B | $2.22B | $1.84B | $1.63B | $1.42B | $1.23B | $1.26B | $695.94M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $6.76B | $2.85B | $2.13B | $1.29B | $1.62B | $1.23B | $1.53B | $958.12M | $1.01B | $670.55M | $529.73M | $537.4M | $453.02M |
| Supplementary Data | |||||||||||||
| Total Debt | $2.19B | $1.08B | $1.08B | $576.89M | $776.73M | $555.64M | $586.77M | $411M | $93.5M | $120.5M | $34.5M | $0 | $440M |
| Net Debt | $2.17B | $1.06B | $1.06B | $558.72M | $737.28M | $536.52M | $583.17M | $388.32M | $69.3M | $111.29M | $33.96M | -$15.11M | $439.24M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | |||||||||||||
| Net Income | -$206M | $603.65M | $501.34M | $655M | $256.68M | -$193.41M | $221.21M | $262.88M | $111.48M | -$10.9M | $24.42M | $29.63M | $11.95M |
| Depreciation & Amortization | $607M | $214M | $146.12M | $121.07M | $102.99M | $100.5M | $78.18M | $58.83M | $40.52M | $29.82M | $35.44M | $27.6M | $20.8M |
| Deferred Income Tax | -$83M | -$149.09M | -$7M | -$49.66M | $0 | $142.47M | -$41.58M | -$72.52M | $39.93M | $76.89M | $38.55M | $27.49M | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $1.82M | $2.76M | $2.4M | $3.81M | $3.93M | $2.1M | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$59M | -$40.89M | -$24.45M | -$17.2M | -$36.5M | $34.46M | -$26.35M | -$11.42M | -$17.38M | -$4.14M | -$1.13M | $1.19M | -$37.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$177K | $0 | $0 | -$253K | $0 |
| Accounts Payable | -$21M | $7.65M | $7.33M | $457K | $2.74M | $0 | $7.24M | $2.54M | $1.3M | $1.94M | -$1.96M | -$8.07M | $0 |
| Other Working Capital | $16M | -$7.96M | -$1.07M | -$1.76M | -$324K | $4.61M | $29K | $123K | $500K | $224K | -$595K | -$500K | $0 |
| Total Working Capital Change | -$64M | -$41.2M | -$18.18M | -$18.51M | -$34.08M | $39.06M | -$19.08M | -$8.75M | -$15.76M | -$1.98M | -$3.69M | -$7.64M | -$37.7M |
| Other Non-Cash Items | $799M | -$7.75M | $15.92M | -$8.11M | -$18.47M | $107.94M | -$3.85M | $1.29M | -$39.34M | -$29.02M | -$34.81M | -$27.38M | $24.34M |
| Net Cash from Operating | $1.05B | $619.61M | $638.19M | $699.8M | $307.11M | $196.56M | $236.69M | $244.49M | $139.22M | $68.63M | $63.83M | $51.81M | $19.38M |
| Investing Activities | |||||||||||||
| Capital Expenditures | -$2.42B | -$696.24M | -$908.37M | -$64.13M | -$281.18M | -$65.68M | -$530.57M | -$614.82M | -$344.08M | -$205.72M | -$43.91M | -$62.97M | -$16.33M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$609.69M | -$344.08M | -$205.72M | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$33.85M | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $10.8M | $0 | $124K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $87.67M | $0 | $111.7M | $0 | $38.59M | $0 | $441K | -$344.08M | -$205.72M | -$43.91M | -$91.54M | $0 |
| Net Cash from Investing | -$2.42B | -$608.57M | -$908.37M | $47.57M | -$281.18M | -$16.28M | -$530.57M | -$614.25M | -$344.08M | -$205.72M | -$43.91M | -$96.81M | -$16.33M |
| Financing Activities | |||||||||||||
| Debt Repaid | -$1.09B | $2M | -$511M | $200.96M | -$220M | $32.2M | -$185.5M | -$317.5M | $27M | -$86M | -$34.5M | $2.88M | - |
| Common Stock Issuance | $1.23B | $475.91M | $200M | $0 | $0 | $0 | $340.86M | $305.77M | $380.41M | $125.58M | $0 | $234.55M | $0 |
| Common Stock Repurchases | -$194M | $0 | -$95.22M | -$150.59M | -$46M | -$24.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$328M | -$219.47M | -$324.75M | -$416.94M | -$176.63M | -$107.96M | -$240.28M | -$253.48M | -$130.88M | -$64.82M | -$68.56M | -$168.69M | $0 |
| Other Financing Activities | -$440M | -$10.28M | -$13.16M | -$142K | -$2.98M | $23.45M | -$11.27M | -$87.05M | -$2.69M | -$988K | -$441K | -$3.63M | $0 |
| Net Cash from Financing | $1.36B | -$10.05M | $277.86M | -$768.64M | -$5.61M | -$164.75M | $274.81M | $368.24M | $219.84M | $145.77M | -$34.5M | $59.35M | $0 |
| Forex Effect | $149K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$13.85M | $982K | $7.69M | -$21.27M | $20.33M | $15.52M | -$19.07M | -$1.52M | $14.98M | $8.67M | -$14.57M | $14.35M | $3.05M |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $1.05B | $619.61M | $638.19M | $699.8M | $307.11M | $196.56M | $236.69M | $244.49M | $139.22M | $68.63M | $63.83M | $51.81M | $19.38M |
| Capital Expenditure | -$2.42B | -$696.24M | -$908.37M | -$64.13M | -$281.18M | -$65.68M | -$530.57M | -$614.82M | -$344.08M | -$205.72M | -$43.91M | -$62.97M | -$16.33M |
| Free Cash Flow | -$1.37B | -$76.63M | -$270.17M | $635.66M | $25.94M | $130.88M | -$293.88M | -$370.32M | -$204.86M | -$137.09M | $19.93M | -$11.15M | $3.05M |
| Cash at Beginning | $26.85M | $25.87M | $18.18M | $39.45M | $19.12M | $3.6M | $22.68M | $24.2M | $9.21M | $539K | $15.11M | $762K | $0 |
| Cash at End | $13M | $26.85M | $25.87M | $18.18M | $39.45M | $19.12M | $3.6M | $22.68M | $24.2M | $9.21M | $539K | $15.11M | $3.05M |