Viper Energy Earnings Reports

Viper Energy achieved solid financial performance in Q4 2024, with net income attributable to Viper reaching $210.1 million and operating income of $228.7 million. The company reported an average daily oil production of 29,859 bo/d and an average daily combined production of 56,109 boe/d. Cash and cash equivalents stood at $26.9 million. The company continued its expansion with acquisitions, including a $211 million purchase of mineral and royalty interests. Viper also declared dividends totaling $0.65 per share for the quarter.

Viper Energy reported a solid third quarter in 2024, marked by increased production, strategic acquisitions including the Tumbleweed Acquisitions, and a strong free cash flow conversion despite commodity price volatility. The company's average production was 49,370 boe/d, and it declared a total base-plus-variable dividend of $0.61 per Class A common share.

Viper Energy reported a strong Q2 2024, marked by a 3.7% increase in average production to 47,473 boe/d. The company's consolidated net income reached $122.2 million, with $56.9 million attributable to Viper Energy, Inc., or $0.62 per common share. Viper also increased its annual base dividend by 11% and closed the divestiture of non-Permian assets for $90.2 million.

Viper Energy reported a solid start to 2024 with average production of 46,132 boe/d and net income of $43.4 million, or $0.49 per share. The company announced a definitive agreement to sell its non-Permian assets for $90.3 million and initiated Q2 production guidance with growth expected despite the asset sale.

Viper Energy reported a net income attributable to Viper Energy, Inc. of $57.0 million, or $0.70 per common share, and an average production of 24,533 bo/d (43,783 boe/d) for Q4 2023. The company also repurchased 1.0 million Class A common shares for $28.7 million and closed the acquisition of certain mineral and royalty interests from affiliates of Warwick Capital Partners and GRP Energy Capital.

Viper Energy Partners LP reported a strong Q3 2023, with record average production, significant lease bonus income, and solid net income. The company also announced its conversion into a Delaware corporation and completed the GRP Acquisition, enhancing its asset base and future growth prospects. Production guidance for Q4 2023 and full year 2024 was also provided.

Viper Energy Partners LP reported Q2 2023 results, featuring record average production, increased base distribution, and strategic capital return through unit repurchases. The company's oil production increased by 5% quarter over quarter, marking a fifth consecutive company record. Viper also increased its annual base distribution by 8% to $1.08 per common unit.

Viper Energy Partners LP reported a strong start to the year with record oil production and strong free cash flow conversion despite commodity price volatility. The company opportunistically repurchased over one million common units and completed a drop down transaction of certain royalty interests from Diamondback. Production guidance for 2023 was increased by over two percent at the midpoint.

Viper Energy Partners reported a record year with Q4 oil production setting a company record. The company delivered on return of capital and financial initiatives, reducing net debt by $100 million, repurchasing roughly 1 million units, and declared a distribution that provides a greater than 6% annualized yield.

Viper Energy Partners LP reported a strong third quarter in 2022, with record oil production and the implementation of an enhanced capital return program, including significant common unit repurchases and a competitive distribution per unit.

Viper Energy Partners LP reported strong Q2 2022 results, with increased oil production and cash available for distribution. The company also announced an enhanced capital return program, including a base annual distribution of $1.00 per common unit and an increased unit repurchase authorization of $750.0 million.

Viper Energy Partners LP reported a strong first quarter in 2022, with an increase in distribution by 43% quarter over quarter to $0.67 per common unit. The company's production outperformed expectations, leading to an increase in full-year 2022 oil production guidance by 1.4% at the midpoint. Viper repurchased 1.6 million common units for $39.3 million and increased the authorization for its common unit repurchase program to $250.0 million.

Viper Energy Partners LP reported a strong fourth quarter in 2021, marked by record cash available for distribution of $0.67 per common unit. Production outperformed expectations due to the Swallowtail acquisition and Diamondback's focus on Viper's acreage. The company also repurchased 574,200 common units for $12.4 million during the quarter.