Viper(VNOM)

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Viper Energy's Q1 Earnings Beat Estimates on Higher Production
ZACKS· 2025-05-06 12:15
Core Viewpoint - Viper Energy Inc. reported strong first-quarter 2025 earnings, with adjusted earnings per share of 54 cents, exceeding estimates and showing improvement from the previous year [1] Production - The company produced 5,164 thousand oil-equivalent barrels (MBoe), an increase from 4,198 MBoe a year ago, surpassing estimates [3] - Oil accounted for 54.6% of total production, with oil production rising to 2,818 thousand barrels (MBbls) from 2,312 MBbls year-over-year [3] Realized Prices - The average realized price per barrel of oil equivalent was $47.25, down from $48.85 in Q1 2024, but above the estimate of $46.37 [4] - The average realized oil price was $71.33 per barrel, down from $76.61 year-over-year, exceeding the estimate of $69.76 [4] - Natural gas prices increased to $2.08 per thousand cubic feet from $1.22 a year ago, below the estimate of $2.79 [4] - The price for natural gas liquids was $24.52 per barrel, higher than $22.17 recorded a year ago, exceeding the estimate of $19.91 [5] Costs & Expenses - Total expenses for the first quarter were $90 million, up from $66 million in the prior-year quarter, exceeding the estimate of $88 million [6] - On a per barrel of oil-equivalent (Boe) basis, total operating expenses were $4.26, down from $4.51 year-over-year, and below the estimate of $4.33 [6] Cash Flow - Net cash provided by operating activities was $201 million, an increase from $115 million in Q1 2024 [7] Balance Sheet - As of March 31, 2025, Viper Energy had cash and cash equivalents of $560 million and net long-term debt of $830 million [8] Guidance - The company projects production for Q2 2025 to be in the range of 72.5-78 Mboe/d [9] - Full-year 2025 net production is projected to be in the 74.5-79 Mboe/d range [10]
Compared to Estimates, Viper Energy (VNOM) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-05 23:30
Viper Energy Partners (VNOM) reported $245 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 19.3%. EPS of $0.54 for the same period compares to $0.52 a year ago.The reported revenue represents a surprise of -1.72% over the Zacks Consensus Estimate of $249.29 million. With the consensus EPS estimate being $0.45, the EPS surprise was +20.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...
Viper(VNOM) - 2025 Q1 - Earnings Call Presentation
2025-05-05 22:29
May 2025 Forward Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as emended, which involve risks, uncertainties, and assumptions. All statements, other than statements of historical fact, including statements regarding Viper Energy Inc.'s ("Viper" or "the Company"): future performance; business strategy; future operations; estimates and projections o ...
Viper(VNOM) - 2025 Q1 - Quarterly Results
2025-05-05 20:05
FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): April 16, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 VIPER ENERGY, INC. (Exact Name of Registrant as Specified in Charter) DE 001-36505 46-5001985 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 500 West Texas Ave. Suite 100 Not Applicable (Former name or former addres ...
Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports First Quarter 2025 Financial and Operating Results
GlobeNewswire News Room· 2025-05-05 20:01
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER HIGHLIGHTS As previously announced, Q1 2025 average production of 31,311 bo/d (57,378 boe/d)Q1 2025 consolidated net income (including non-controlling interest) of $153 million; net income attributable to Viper of $75 milli ...
Viper Energy, Inc. Announces Closing of Drop Down Transaction
GlobeNewswire· 2025-05-01 20:01
MIDLAND, Texas, May 01, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it and its operating subsidiary, Viper Energy Partners LLC (the “Operating Company”), have closed their previously announced acquisition of all of the equity interests in certain mineral and royalty interest-owning subsidiaries of Diamondback (the “Drop Down”). The total consideration for the Drop Down con ...
Viper Energy: Fast-Growing And Now High-Yield
Seeking Alpha· 2025-04-12 11:41
Group 1 - Viper Energy (VNOM) is a fast-growing subsidiary of Diamondback Energy (FANG) and continues to show growth trends despite market fluctuations [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] - The analysis provided in the article focuses on identifying undervalued companies within the oil and gas sector, including balance sheet evaluations and competitive positioning [1] Group 2 - The article emphasizes the importance of thorough research and analysis for investors in the oil and gas industry, suggesting that members of Oil & Gas Value Research receive exclusive insights [1] - The author has a beneficial long position in VNOM and FANG, indicating a personal investment interest in these companies [3]
Viper Energy (VNOM) Up 0.3% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-03-26 16:30
Company Overview - Viper Energy Partners (VNOM) shares have increased by approximately 0.3% since the last earnings report, outperforming the S&P 500 [1] - The most recent earnings report is essential for understanding the catalysts affecting the stock [1] Earnings Estimates - Estimates for Viper Energy have trended downward over the past month, indicating a negative outlook [2][4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting an expectation of an in-line return in the coming months [4] VGM Scores - Viper Energy has a poor Growth Score of F, a Momentum Score of F, and a Value Score of F, placing it in the fifth quintile for investment strategy [3] - The aggregate VGM Score for Viper Energy is F, which is significant for investors not focused on a single strategy [3] Industry Comparison - Viper Energy is part of the Zacks Oil and Gas - Exploration and Production - United States industry [5] - Comstock Resources (CRK), another player in the same industry, has seen a 9.2% increase in shares over the past month [5] - Comstock reported revenues of $366.51 million for the last quarter, reflecting a year-over-year decline of 10.7% [6] - Comstock's expected earnings for the current quarter are $0.14 per share, indicating a significant year-over-year increase of 566.7% [6] - Comstock has a Zacks Rank 1 (Strong Buy) and a VGM Score of D, contrasting with Viper Energy's performance [7]
Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Schedules First Quarter 2025 Conference Call for May 6, 2025
GlobeNewswire· 2025-03-19 20:01
Group 1 - Viper Energy, Inc. plans to release its first quarter 2025 financial results on May 5, 2025, after market close [1] - A conference call and webcast will be held on May 6, 2025, at 10:00 a.m. CT to discuss the financial results [1] - The live webcast and replay will be accessible on Viper's website under the "Investor Relations" section [1] Group 2 - Viper Energy is a subsidiary of Diamondback Energy, focused on owning, acquiring, and exploiting oil and natural gas properties in North America, particularly in the Permian Basin [2] - Diamondback Energy is an independent oil and natural gas company headquartered in Midland, Texas, concentrating on unconventional, onshore oil and natural gas reserves in the Permian Basin [3]
Viper Energy's Q4 Earnings and Revenues Beat on Higher Production
ZACKS· 2025-02-28 16:25
Core Viewpoint - Viper Energy Inc. reported fourth-quarter 2024 adjusted earnings per share of 42 cents, exceeding the Zacks Consensus Estimate of 41 cents, but down from 67 cents year-over-year. Following the earnings release, shares fell approximately 3.7% to close at $45.54 [1]. Financial Performance - The company generated an operating income of $228.7 million, surpassing the Zacks Consensus Estimate of $223 million and increasing from $204.7 million in the same quarter last year [2]. - Net cash provided by operating activities was $157.9 million, up from $145.8 million in the fourth quarter of 2023 [9]. Production Metrics - Viper Energy produced 5,162 thousand oil-equivalent barrels (MBoe) in Q4 2024, an increase from 4,208 MBoe a year ago, and exceeding the estimate of 4,850 MBoe. Oil accounted for 53.2% of total production, with oil production rising to 2,747 MBbls from 2,257 MBbls year-over-year, also beating the estimate of 2,711 MBbls [4][5]. Pricing Analysis - The average realized price per barrel of oil equivalent was $43.56, down from $50.20 in Q4 2023, but above the estimate of $43.04. The average realized oil price was $69.91 per barrel, down from $77.65 year-over-year, yet surpassing the estimate of $67.52 [6]. - The price of natural gas was 84 cents per thousand cubic feet, down from $1.50 in the prior year, missing the estimate of $1.11. Natural gas liquids were priced at $22.15 per barrel, higher than $21.47 a year ago, exceeding the estimate of $17.38 [7]. Cost Structure - Total expenses in Q4 were $85.3 million, higher than $61.7 million in the prior-year quarter and above the estimate of $80.8 million. On a per barrel of oil-equivalent basis, total operating expenses were $3.85, compared to $4.03 in the year-ago quarter, lagging the estimate of $4.32 [8]. Future Guidance - The company projects production for Q1 2025 to be in the range of 54-56 Mboe/d. Additionally, Viper Energy announced the acquisition of certain mineral and royalty interest subsidiaries from Diamondback Energy, expected to close in Q2 2025, with projected production for the remainder of 2025 between 85 and 88 Mboe/d [11].