Business
Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2025 Financial and Operating Results
MIDLAND, Texas, Aug. 04, 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 second quarter ended June 30, 2025. SECOND QUARTER HIGHLIGHTS Q2 2025 average production of 41,615 bo/d (79,286 boe/d)Q2 2025 consolidated net income (including non-controlling interest) of $84 million; net income attributable to Viper of $37 million, or $0.28
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, Aug. 04, 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 second quarter ended June 30, 2025.","length":280,"tagName":"p"},{"type":"text","content":"SECOND QUARTER HIGHLIGHTS","length":25,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q2 2025 average production of 41,615 bo/d (79,286 boe/d)","length":56,"tagName":"p"}]},{"val":[{"type":"text","content":"Q2 2025 consolidated net income (including non-controlling interest) of $84 million; net income attributable to Viper of $37 million, or $0.28 per Class A common share","length":167,"tagName":"p"}]},{"val":[{"type":"text","content":"Q2 2025 cash available for distribution to Viper’s Class A common shares (as defined and reconciled below) of $97 million, or $0.74 per Class A common share","length":156,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared Q2 2025 base cash dividend of $0.33 per Class A common share; implies a 3.6% annualized yield based on the August 1, 2025 Class A common share closing price of $36.60","length":175,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared Q2 2025 variable cash dividend of $0.20 per Class A common share; total base-plus-variable dividend of $0.53 per Class A common share implies a 5.8% annualized yield based on the August 1, 2025 Class A common share closing price of $36.60","length":247,"tagName":"p"}]},{"val":[{"type":"text","content":"During the second quarter of 2025, repurchased 255,843 shares of the Company’s Class A common stock for an aggregate purchase price of approximately $10 million, excluding excise tax (average price of $37.99 per Class A common share)","length":233,"tagName":"p"}]}...