Viper Energy, Inc. (VNOM)

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. Viper Energy, Inc. was founded in 2013 and is based in Midland, Texas. Viper Energy, Inc. operates as a subsidiary of Diamondback Energy, Inc.

Ticker: VNOM
Exchange: Nasdaq
Sector: Energy
Industry: Oil & Gas Midstream
Market cap: $14.67B
52-week range: $35.10 - $51.13

Valuation

Share price: $40.62 (close of Nov 6, 2026)
P/E (TTM): 29.37x
Price to book: 1.40x
Price to free cash flow: 8.83x
Enterprise value: $17.06B
Book value per share: $29.00

Price performance

Period	Change
1 day	+2.32%
5 days	-14.81%
1 month	-2.33%
3 months	-1.91%
6 months	-14.82%
Year to date	+5.15%
1 year	+10.20%
3 years	+44.20%
5 years	+76.76%
10 years	+192.65%
All time	+25.56%

Short interest

As of: Oct 15, 2026
Short % of float: 5.60%
Shares short: 10.80M
Days to cover: 4.67
Change since prior report: -7.18%
Source: FINRA consolidated short interest

Members of Congress who disclosed VNOM trades

Lisa McClain · August Pfluger

Super investors holding VNOM

Howard Marks (Oaktree Capital Management) · Ray Dalio (Bridgewater Associates)

Profitability and growth

Return on equity: -0.66%
Return on invested capital: -0.96%
Return on assets: -0.54%
Return on capital employed: -1.11%
Net margin: -4.87%
EBITDA margin: -10.04%
Revenue growth: 63.35%
Net income growth: -118.94%
Free cash flow growth: 69.84%

Cash flow and balance sheet

Free cash flow yield (TTM): 11.32%
Current ratio: 5.92x
Net debt to EBITDA: 1.42x

Latest reported year

Period end: Dec 31, 2025
Fiscal year: 2025
Revenue: $1.40B
EBITDA: -$140.00M
Net income: -$68.00M
Earnings per share: $-0.48
Interest expense: $96.00M
Shares outstanding: 142.53M

Income statement by year

Period end	Revenue	Net income	EPS
2025-12-31	$1.40B	-$68.00M	-$0.48
2024-12-31	$854.00M	$359.00M	$3.82
2023-12-31	$828.00M	$200.00M	$2.69

Margins and returns by year

Period end	Net margin	Return on equity	Return on capital
2025-12-31	-4.87%	-0.66%	-0.96%
2024-12-31	42.04%	9.19%	11.36%
2023-12-31	24.15%	7.00%	14.57%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$13.00M	$2.19B
2024-12-31	$27.00M	$1.08B

Free cash flow by year

Period end	Free cash flow
2025-12-31	$1.05B
2024-12-31	$620.00M
2023-12-31	$638.00M

Dividend history

Most recent payment: Aug 13, 2026
Paid in the last twelve months: $2.45

Payment date	Dividend per share
2026-08-13	$0.67
2026-05-14	$0.68
2026-03-05	$0.52
2025-11-13	$0.58
2025-08-14	$0.53
2025-05-15	$0.57
2025-03-06	$0.65
2024-11-14	$0.61

Investor relations

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-11-02	Sep 2026	$0.59
2026-08-03	Jun 2026	$0.73
2026-05-04	Mar 2026	$0.43
2026-02-23	Dec 2025	$0.27
2025-11-03	Sep 2025	$0.38
2025-08-04	Jun 2025	$0.34
2025-05-05	Mar 2025	$0.45
2025-02-24	Dec 2024	$0.41

Filings and sources

Company website: viperenergy.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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