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VNOM · NASDAQ · Oil & Gas Midstream

Viper Energy (VNOM)

Collects Permian oil and gas royalties without operating or funding wells.

$40.77

After hours−0.01 (−0.02%)

At close$40.78(−2.25%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	293	205	205	216	209	229	245	287	393	422	496	658
Cost of revenue	49	57	61	64	70	81	84	145	209	263	241	238
Gross profit	244	147	144	152	140	148	161	142	184	159	255	420
	2	4	5	4	4	4	6	7	10	18	17	11
	2	4	5	4	5	5	6	1	10	12	13	11
General & administrative	2	4	5	4	5	5	6	1	0	0	0	0
Other expenses	0	0	0	0	0	0	0	6	0	6	4	0
Operating income	243	143	139	148	136	143	155	135	174	141	238	409
	−14	−11	−27	−13	−9	−13	19	−44	−397	−408	5	−6
Interest expense	11	17	20	18	17	19	13	15	32	36	27	24
Other non-operating income	3	−6	7	−5	−7	−6	−32	29	365	372	−32	0
Income before tax	229	132	112	135	126	130	174	91	−223	−267	243	403
Income tax expense	22	6	13	12	17	−142	21	7	−26	−21	28	72
Net income from continuing operations	207	126	99	123	109	273	153	84	−197	−246	215	331
Net income	79	57	43	57	49	210	75	37	−77	−103	97	142
EPS, basic	$1.11	$0.70	$0.49	$0.62	$0.52	$2.04	$0.62	$0.28	−$0.52	−$0.61	$0.54	$0.73
EPS, diluted	$1.11	$0.70	$0.49	$0.62	$0.52	$2.04	$0.62	$0.28	−$0.52	−$0.61	$0.53	$0.73
Weighted average shares, basic	71	81	88	91	94	103	121	126	149	169	181	194
Weighted average shares, diluted	71	81	88	91	94	103	121	126	149	169	181	194
EBITDA	276	194	179	201	198	214	271	230	−9	3	476	604
Depreciation & amortization	36	45	47	48	55	65	84	124	182	234	206	195
EBIT	240	149	132	153	143	149	187	106	−191	−231	270	409