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Companies / Energy / Viper Energy, Inc.
VNOM

Viper Energy, Inc.

EnergyOil & Gas Extraction
Ticker VNOMMIDLAND, TXFiscal year ends DecemberBook value per share $31.21Diluted shares 142.5M

Viper Energy, Inc. (Nasdaq: VNOM) owns and acquires mineral and royalty interests in oil and natural gas properties, primarily in the Permian Basin. Its interests are generally leased to working-interest owners, who fund drilling, development and operating costs, while Viper receives royalty income from production.… From the company’s description.

In fiscal 2025, Viper Energy, Inc. reported revenue of $1.40B and a net loss of $206.00M. Its operating margin was −10.0%, and operations generated $1.05B in cash.

Fiscal year 2025 · ends 12-31
Sales & profitability
$1.40BFY2025
-10.04%FY2025
$-206.00MFY2025
17.20%FY2025
Cash & financing
$1.05BFY2025
$1.05BFY2025
0.49FY2025
142.5MFY2025

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What Viper Energy, Inc. does

In the company’s own words

Viper Energy, Inc. (Nasdaq: VNOM) owns and acquires mineral and royalty interests in oil and natural gas properties, primarily in the Permian Basin. Its interests are generally leased to working-interest owners, who fund drilling, development and operating costs, while Viper receives royalty income from production. The company operates as one reportable segment. Following its 2025 acquisition of Sitio Royalties, Viper divested its non-Permian assets in February 2026 and focused its portfolio on its core Permian acreage. At December 31, 2025, it held approximately 96,003 net royalty acres, and average net production for the year was 95,126 BOE per day. Its business developed from Viper Energy Partners LP, which converted to a corporation in 2023; the 2025 Sitio acquisition expanded its mineral and royalty holdings. Viper has no employees, with management, operating and administrative services provided by Diamondback Energy and its personnel. Its website is https://www.viperenergy.com.

Company details
Sector
Energy
Industry (SIC)
Oil & Gas Extraction
Headquarters
MIDLAND, TX
Fiscal year end
December
CIK
2074176
SIC
1311

Financial performance, year by year

Fiscal 2025–2025 · USD
$-366.10M$114.20M$594.50M$1.07B$1.56B2025

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Viper Energy, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

340
funds hold it
0 of 35
superinvestors hold it
$4.34B
held by funds, at market
50.3%
of shares held by funds

Largest fund holders · Viper Energy, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.23%of fund net assets
—of fund net assets
0.09%of fund net assets
0.49%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Viper Energy, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Viper Energy, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Viper Energy, Inc.'s last four quarterly filings that the numbers alone won't show?”
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