Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2025 Financial and Operating Results; Announces Divestiture of Non-Permian Assets

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, Nov. 03, 2025 (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 third quarter ended September 30, 2025.","length":296,"tagName":"p"},{"type":"text","content":"THIRD QUARTER HIGHLIGHTS","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q3 2025 average production of 56,087 bo/d (108,859 boe/d)","length":57,"tagName":"p"}]},{"val":[{"type":"text","content":"Q3 2025 consolidated net loss (including non-controlling interest) of $197 million; net loss attributable to Viper of $77 million, or $0.52 per Class A common share; consolidated adjusted net income of $156 million, or $1.04 per Class A common share","length":249,"tagName":"p"}]},{"val":[{"type":"text","content":"Q3 2025 pro forma cash available for distribution to Viper’s Class A common shares (as defined and reconciled below) of $165 million, or $0.97 per Class A common share","length":167,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared Q3 2025 base cash dividend of $0.33 per Class A common share; implies a 3.5% annualized yield based on the October 31, 2025 Class A common share closing price of $37.56","length":177,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared Q3 2025 variable cash dividend of $0.25 per Class A common share; total base-plus-variable dividend of $0.58 per Class A common share implies a 6.2% annualized yield based on the October 31, 2025 Class A common share closing price of $37.56","length":249,"tagName":"p"}]},{"val":[{"type":"text","content":"During Q3 2025, repurchased 2.4 million shares of the Company’s Class A common stock for an aggregate purchase price of approximately $90 million, excl...

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