For Q1 FY2026 ended March 31, 2026, Viper Energy reported revenue of $511 million, up 108.6% year-over-year. Net income was $97 million, up 29.3%, while operating income rose 63.2% to $253 million. Diluted EPS decreased 14.5% to $0.53. The company held $28 million in cash, $1.603 billion in long-term debt, and $5.114 billion in equity.
•Revenue surged 108.6% YoY to $511 million.
•Net income increased 29.3% to $97 million.
•Operating income rose 63.2% to $253 million.
•Diluted EPS fell 14.5% to $0.53.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Viper Energy, Inc. owns acquires, and exploits oil and natural gas properties in North America. It focuses on owning and acquiring mineral and royalty interests in the Permian Basin.
Viper Energy, Inc. was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc. in November 2023. Founded in 2013, Viper Energy is based in Midland, Texas. Viper Energy, Inc. operates as a subsidiary of Diamondback Energy, Inc.
Viper Energy, Inc. owns, acquires, and exploits oil and natural gas properties in North America. The company primarily focuses on owning and acquiring mineral and royalty interests in the Permian Basin, one of the most prolific oil-producing regions in the United States. By holding these interests, Viper Energy generates revenue from the production of oil and natural gas without bearing the operational costs of drilling and extraction. This business model allows the company to benefit from energy production while minimizing direct operational risks. Viper Energy was formerly known as Viper Energy Partners LP and changed its name in November 2023. It operates as a subsidiary of Diamondback Energy, Inc., a major independent oil and gas company.
Where is Viper Energy (VNOM) listed and in which currency?
Viper Energy, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol VNOM. The company's shares are traded in US Dollars (USD), reflecting its primary operations and headquarters in the United States. As a publicly traded company on a major US exchange, Viper Energy provides investors with exposure to the oil and gas midstream sector through its mineral and royalty interests. The NasdaqGS listing ensures liquidity and transparency for shareholders, with trading conducted in the standard currency of the US financial markets.
What sector and industry does Viper Energy (VNOM) belong to?
Viper Energy, Inc. operates in the Energy sector, specifically within the Oil & Gas Midstream industry. The midstream segment involves the transportation, storage, and processing of oil and natural gas, but Viper Energy's focus is on owning mineral and royalty interests rather than physical infrastructure. By holding these interests, the company earns a share of production revenue from oil and gas wells operated by other companies, primarily in the Permian Basin. This positions Viper Energy as a passive participant in the energy value chain, benefiting from commodity price movements and production volumes without direct involvement in exploration or drilling activities.
Where is Viper Energy headquartered and what is its background?
Viper Energy, Inc. is headquartered in Midland, Texas, a city at the heart of the Permian Basin. The company was founded in 2013 and originally structured as a master limited partnership under the name Viper Energy Partners LP. In November 2023, it converted to a corporation and changed its name to Viper Energy, Inc. Viper Energy operates as a subsidiary of Diamondback Energy, Inc., a leading independent oil and gas company. The company's primary focus is on acquiring and managing mineral and royalty interests in the Permian Basin, leveraging its strategic location and relationship with Diamondback to access high-quality assets.
How does Viper Energy make money?
Viper Energy generates revenue by owning and acquiring mineral and royalty interests in oil and natural gas properties, primarily in the Permian Basin. As a royalty owner, Viper Energy receives a percentage of the revenue from oil and gas production on its properties without bearing the costs of drilling, completion, or operations. This passive income model allows the company to benefit from production volumes and commodity prices while minimizing capital expenditure and operational risk. The company's interests are typically held in properties operated by other energy companies, including its parent Diamondback Energy. By focusing on the Permian Basin, Viper Energy taps into one of the most productive oil and gas regions in the United States, providing a steady stream of royalty income tied to energy production.