Viper Energy, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
View on SEC.govAbout this filing
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
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes to Stockholders’ Equity
| Common Stock(1) | ||||||
|---|---|---|---|---|---|---|
| AdditionalPaid-inCapital · RetainedEarnings(AccumulatedDeficit) · Non-ControllingInterest · Total | ||||||
| Class AShares · Class BShares | ||||||
| (In millions, shares in thousands) | ||||||
| Balance at December 31, 2024 | 102,977 | 85,431 | $1,569 | $118 | $2,220 | $3,907 |
| Common shares issued for acquisition | — | 2,400 | — | — | — | — |
| OpCo Units issued for acquisition | — | — | — | — | 119 | 119 |
| Net proceeds from the issuance of Common Stock | 28,336 | — | 1,232 | — | — | 1,232 |
| Equity-based compensation | — | — | 1 | — | — | 1 |
| Issuance of shares upon vesting of equity awards | 10 | — | — | — | — | — |
| Dividends to stockholders | — | — | — | (85) | — | (85) |
| Dividends to Diamondback | — | — | — | — | (59) | (59) |
| Dividends to other non-controlling interest | — | — | — | — | (9) | (9) |
| Change in ownership of consolidated subsidiaries, net | — | — | (236) | — | 300 | 64 |
| Net income (loss) | — | — | — | 75 | 78 | 153 |
| Balance at March 31, 2025 | 131,323 | 87,831 | 2,566 | 108 | 2,649 | 5,323 |
| Common shares issued to related party | — | 69,627 | — | — | — | — |
| OpCo Units issued to related party | — | — | — | — | 3,618 | 3,618 |
| Equity-based compensation | — | — | 2 | — | — | 2 |
| Dividends to stockholders | — | — | — | (75) | — | (75) |
| Dividends to Diamondback | — | — | — | — | (109) | (109) |
| Dividends to other non-controlling interest | — | — | — | — | (8) | (8) |
| Change in ownership of consolidated subsidiaries, net | — | — | 792 | — | (1,006) | (214) |
| Repurchases as part of share buyback | (256) | — | (10) | — | — | (10) |
| Net income (loss) | — | — | — | 37 | 47 | 84 |
| Balance at June 30, 2025 | 131,067 | 157,458 | 3,350 | 70 | 5,191 | 8,611 |
| Conversion of Class B Common Stock to Class A Common Stock | 2,000 | (2,000) | 74 | — | (74) | — |
| Common shares issued for acquisition | 38,536 | 35,620 | 1,435 | — | — | 1,435 |
| OpCo Units issued for acquisition | — | — | — | — | 1,326 | 1,326 |
| Equity-based compensation | — | — | 2 | — | — | 2 |
| Issuance of shares upon vesting of equity awards | 16 | — | — | — | — | — |
| Distribution equivalent rights payments | — | — | — | (1) | — | (1) |
| Dividends to stockholders | — | — | — | (68) | — | (68) |
| Dividends to Diamondback | — | — | — | — | (90) | (90) |
| Dividends to other non-controlling interest | — | — | — | — | (8) | (8) |
| Change in ownership of consolidated subsidiaries, net | — | — | (75) | — | 96 | 21 |
| Repurchases as part of share buyback | (2,358) | — | (90) | — | — | (90) |
| Net income (loss) | — | — | — | (77) | (120) | (197) |
| Balance at September 30, 2025 | 169,261 | 191,078 | $4,696 | $(76) | $6,321 | $10,941 |
(1)The par values of the outstanding shares of Class A Common Stock and Class B Common Stock each round to zero during the periods presented.
Condensed Consolidated Statements of Changes to Stockholders' Equity - (Continued)
| Common Stock(1) | ||||||
|---|---|---|---|---|---|---|
| AdditionalPaid-inCapital · RetainedEarnings(AccumulatedDeficit) · Non-ControllingInterest · Total | ||||||
| Class AShares · Class BShares | ||||||
| (In millions, shares in thousands) | ||||||
| Balance at December 31, 2023 | 86,144 | 90,710 | $1,031 | $(17) | $1,843 | $2,857 |
| Common Stock converted in Diamondback Offering | 5,279 | (5,279) | — | — | — | — |
| Issuance of shares upon vesting of equity awards | 1 | — | — | — | — | — |
| Dividends to stockholders | — | — | — | (44) | — | (44) |
| Dividends to Diamondback | — | — | — | (4) | (63) | (67) |
| Change in ownership of consolidated subsidiaries, net | — | — | 70 | — | (51) | 19 |
| Net income (loss) | — | — | — | 43 | 56 | 99 |
| Balance at March 31, 2024 | 91,424 | 85,431 | 1,101 | (22) | 1,785 | 2,864 |
| Equity-based compensation | — | — | 1 | — | — | 1 |
| Dividends to stockholders | — | — | — | (54) | — | (54) |
| Dividends to Diamondback | — | — | — | — | (60) | (60) |
| Change in ownership of consolidated subsidiaries, net | — | — | 7 | — | (7) | — |
| Net income (loss) | — | — | — | 57 | 66 | 123 |
| Balance at June 30, 2024 | 91,424 | 85,431 | 1,109 | (19) | 1,784 | 2,874 |
| Net proceeds from the issuance of Common Stock | 11,523 | — | 476 | — | — | 476 |
| Equity-based compensation | — | — | 1 | — | — | 1 |
| Dividends to stockholders | — | — | — | (59) | — | (59) |
| Dividends to Diamondback | — | — | — | — | (65) | (65) |
| Change in ownership of consolidated subsidiaries, net | — | — | (156) | — | 156 | — |
| Net income (loss) | — | — | — | 49 | 60 | 109 |
| Balance at September 30, 2024 | 102,947 | 85,431 | $1,430 | $(29) | $1,935 | $3,336 |
(1)The par values of the outstanding shares of Class A Common Stock and Class B Common Stock each round to zero during the periods presented.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.