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Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports First Quarter 2026 Financial and Operating Results

$FANGPress releaseMay 4, 2026, 4:01 PM ETRead the release

Viper Energy, a subsidiary of Diamondback Energy, reported Q1 2026 results highlighted by a $600 million reduction in net debt to $1.59 billion and production that exceeded expectations. The company declared a total dividend of $0.68 per share (5.5% yield) and repurchased $96 million of stock, resulting in a total capital return of $183 million for the quarter.

Key figures

Eps
0.53
Revenue
511000000
Guidance
Full Year 2026 Net Production 64.5 - 66.5 Mbo/d
Deal Value Usd
337000000
Net debt
1590000000
Debt reduction
600000000
Production boe d
130711
Dividend per share
0.68
Share repurchase amount
96000000
Cash available for distribution
204000000

AI analysis

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