Below are the financial statements of Viper Energy, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in thousands of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Operating income | — | — | — |
Oil income | 750,243a | 619,181a | 667,281a |
Natural gas income | 14,813a | 30,953a | 83,149a |
Natural gas liquids income | 88,520a | 66,976a | 87,546a |
Royalty income | 853,576a | 717,110a | 837,976a |
Lease bonus income - related party | 227a | 107,823a | 23,367a |
Lease bonus income | 5,944a | 1,855a | 4,424a |
Other operating income | 640a | 909a | 700a |
Total operating income | 860,387a | 827,697a | 866,467a |
Costs and expenses | — | — | — |
Production and ad valorem taxes | -60,882a | -50,401a | -56,372a |
Depletion | -214,412a | -146,118a | -121,071a |
General and administrative expenses - related party | -10,541a | -3,696a | -3,696a |
General and administrative expenses | -8,100a | -6,907a | -4,846a |
Other operating (income) expense | 55a | 356a | 0a |
Total costs and expenses | -293,990a | -207,478a | -185,985a |
Income (loss) from operations | 566,397a | 620,219a | 680,482a |
Other income (expense) | — | — | — |
Interest expense, net | -73,848a | -47,392a | -39,994a |
Gain (loss) on derivative instruments, net | 11,386a | -25,793a | -18,138a |
Other income, net | 0a | 259a | 1a |
Total other expense, net | -62,462a | -72,926a | -58,131a |
Income (loss) before income taxes | 503,935a | 547,293a | 622,351a |
Provision for (benefit from) income taxes | -99,711a | -45,952a | -32,653a |
Net income (loss) | 603,646a | 501,341a | 655,004a |
Net income (loss) attributable to non-controlling interest | 244,401a | 301,253a | 503,331a |
Net income (loss) attributable to Viper Energy, Inc. | 359,245a | 200,088a | 151,673a |
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