$VNOM · Viper Energy, Inc.
Viper Energy filed its 10-Q for the quarter ended September 30, 2026. Total operating income rose to $661M from $418M a year earlier (+58.1%), driven by oil income of $557M versus $332M. Net income attributable to Viper Energy was $140M ($0.72 diluted EPS), reversing a $77M loss a year ago. Average oil price fell to $87.65/Bbl from $98.28/Bbl in Q2 2026, while oil volumes rose to 6,355 MBbls from 5,922 MBbls.
- Revenue of $661M, up 58.1% YoY from $418M.
- Net income attributable to Viper Energy was $140M ($0.72 diluted EPS) versus a $77M loss a year ago.
- Oil income of $557M versus $332M a year earlier.
- Average oil price fell to $87.65/Bbl from $98.28/Bbl in Q2 2026.
- Oil volumes rose to 6,355 MBbls from 5,922 MBbls sequentially.
Price data unavailable.
Viper swung to a $140M profit with 58% revenue growth, but the 11% sequential drop in realized oil prices signals margin pressure ahead.
As a Permian Basin mineral and royalty owner, Viper's results track Diamondback's drilling activity and realized commodity prices rather than its own operating costs.
Declines in oil, natural gas, or NGL prices could require significant impairment charges; the prior-year quarter included a $360M impairment. Results depend on a limited number of operators, primarily Diamondback.