Viper Energy, Inc.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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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.
Jun 30, 2026 · Filed Aug 5, 2026
VNOM$40.19-0.0%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| (In millions, except per share amounts, shares in thousands) | ||||
| Operating income: | ||||
| Oil income | $582 | $241 | $1,010 | $442 |
| Natural gas income | 1 | 10 | 17 | 25 |
| Natural gas liquids income | 75 | 36 | 127 | 64 |
| Royalty income | 658 | 287 | 1,154 | 531 |
| Lease bonus income | 11 | 10 | 25 | 11 |
| Lease bonus income—related party | 4 | — | 5 | — |
| Other operating income | 4 | — | 4 | — |
| Total operating income | 677 | 297 | 1,188 | 542 |
| Costs and expenses: | ||||
| Production and ad valorem taxes | 43 | 21 | 78 | 38 |
| Depreciation, depletion, and amortization | 195 | 124 | 401 | 191 |
| General and administrative expenses | 5 | 4 | 13 | 6 |
| General and administrative expenses—related party | 6 | 3 | 11 | 7 |
| Other operating expenses | — | 10 | 4 | 10 |
| Total costs and expenses | 249 | 162 | 507 | 252 |
| Income (loss) from operations | 428 | 135 | 681 | 290 |
| Other income (expense): | ||||
| Interest expense, net | (24) | (15) | (51) | (28) |
| Gain (loss) on derivative instruments, net | — | (29) | 18 | 3 |
| Other income (expense), net | (1) | — | (2) | — |
| Total other income (expense), net | (25) | (44) | (35) | (25) |
| Income (loss) before income taxes | 403 | 91 | 646 | 265 |
| Provision for (benefit from) income taxes | 72 | 7 | 100 | 28 |
| Net income (loss) | 331 | 84 | 546 | 237 |
| Net income (loss) attributable to non-controlling interest | 189 | 47 | 307 | 125 |
| Net income (loss) attributable to Viper Energy, Inc. | $142 | $37 | $239 | $112 |
| Net income (loss) attributable to common shares: | ||||
| Basic | $0.73 | $0.28 | $1.27 | $0.89 |
| Diluted | $0.73 | $0.28 | $1.27 | $0.89 |
| Weighted average number of common shares outstanding: | ||||
| Basic | 193,733 | 131,107 | 187,553 | 126,045 |
| Diluted | 193,733 | 131,156 | 187,553 | 126,160 |
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