Viper Energy, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
VNOM$40.19-0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| (In millions) | ||
| Cash flows from operating activities: | ||
| Net income (loss) | $40 | $331 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Provision for (benefit from) deferred income taxes | (42) | (1) |
| Depletion | 373 | 150 |
| Impairment | 360 | — |
| (Gain) loss on derivative instruments, net | (21) | (5) |
| Net cash receipts (payments) on derivatives | 23 | (2) |
| (Gain) loss on extinguishment of debt | 32 | — |
| Other | 10 | 4 |
| Changes in operating assets and liabilities: | ||
| Royalty income receivable | (40) | 3 |
| Royalty income receivable—related party | (33) | (33) |
| Accounts payable and accrued liabilities | (40) | 14 |
| Accounts payable—related party | (2) | (1) |
| Income taxes payable | (1) | — |
| Other | (5) | 2 |
| Net cash provided by (used in) operating activities | 654 | 462 |
| Cash flows from investing activities: | ||
| Acquisitions of oil and natural gas interests—related party | (873) | — |
| Acquisitions of oil and natural gas interests | (1,484) | (271) |
| Proceeds from sale of oil and natural gas interests | — | 88 |
| Net cash provided by (used in) investing activities | (2,357) | (183) |
| Cash flows from financing activities: | ||
| Proceeds from term loan | 500 | — |
| Proceeds from borrowings under credit facility | 990 | 470 |
| Repayment on credit facility | (1,091) | (733) |
| Proceeds from Guaranteed Senior Notes | 1,600 | — |
| Repayment of Notes | (477) | — |
| Net proceeds from public offering | 1,232 | 476 |
| Repurchases under share buyback program | (100) | — |
| Dividends to stockholders | (229) | (157) |
| Dividends to Diamondback | (258) | (192) |
| Dividends to other non-controlling interest | (25) | — |
| Other | (23) | — |
| Net cash provided by (used in) financing activities | 2,119 | (136) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 416 | 143 |
| Cash, cash equivalents and restricted cash at beginning of period | 27 | 26 |
| Cash, cash equivalents and restricted cash at end of period | $443 | $169 |
| Supplemental disclosure of cash flow information: | ||
| Interest paid | $(48) | $(43) |
| Cash (paid) received for income taxes | $(48) | $(43) |
| Supplemental disclosure of non—cash transactions: | ||
| OpCo Units issued for acquisitions | $(1,445) | $— |
| OpCo Units issued to related party | $(3,618) | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.