Viper Energy, Inc., A Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2025 Financial and Operating Results; Increases Base Dividend and Share Buyback Authorization

About this update from Diamondback Energy, Inc.

[{"type":"image","alt":"Viper Energy, Inc.","displaySize":"","headline":null,"caption":"Viper Energy, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":162,"url":"https://media.zenfs.com/en/globenewswire.com/2d9ed96386a3fbddbb483ac519bf43bb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/H4Xk1iObvBFOmwX3iLdn_w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyNztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/2d9ed96386a3fbddbb483ac519bf43bb","width":300,"height":162}},"lazy":false},{"type":"text","content":"MIDLAND, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper,” “we,” “our” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2025.","length":305,"tagName":"p"},{"type":"text","content":"FOURTH QUARTER HIGHLIGHTS","length":25,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q4 2025 average production of 66,413 bo/d (134,000 boe/d)","length":57,"tagName":"p"}]},{"val":[{"type":"text","content":"Q4 2025 consolidated net loss (including non-controlling interest) of $246 million; net loss attributable to Viper of $103 million, or $0.61 per Class A common share; consolidated adjusted net income of $121 million, or $0.72 per Class A common share","length":250,"tagName":"p"}]},{"val":[{"type":"text","content":"Q4 2025 cash available for distribution to Viper’s Class A common shares (as defined and reconciled below) of $145 million, or $0.85 per Class A common share","length":157,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared Q4 2025 base cash dividend of $0.38 per Class A common share; implies a 3.3% annualized yield based on the February 20, 2026 Class A common share closing price of $45.64","length":178,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared Q4 2025 variable cash dividend of $0.14 per Class A common share; total base-plus-variable dividend of $0.52 per Class A common share implies a 4.6% annualized yield based on the February 20, 2026 Class A common share closing price of $45.64","length":255,"tagName":"p"}]},{"val":[{"type":"text","content":"During Q4 2025, repurchased 2.4 million shares of the Company’s common stock (including both Class A shares and Class B shares paired with OpCo...

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