NASDAQ$VNOM
VIPER ENERGY INC-CL A · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Viper Energy's financial and operating results for Q2 2022 were reported, capital return program was enhanced, and buyback authorization was increased.
Viper Energy Partners LP reported strong Q2 2022 results, with increased oil production and cash available for distribution. The company also announced an enhanced capital return program, including a base annual distribution of $1.00 per common unit and an increased unit repurchase authorization of $750.0 million.
- Q2 2022 average production of 19,758 bo/d (33,560 boe/d), an increase of 9% from Q1 2022 and 20% year over year.
- Q2 2022 consolidated net income (including non-controlling interest) of $171.6 million; net income attributable to Viper Energy Partners LP of $34.0 million, or $0.44 per common unit.
- Q2 2022 cash distribution of $0.81 per common unit, representing approximately 70% of total cash available for distribution.
- The Board also increased the authorization of its common unit repurchase program to $750.0 million, up from $250.0 million previously.
Headline financials
Revenue & EPS history
Viper Energy · Revenue · Quarterly
$239M
Revenue by segment
Viper Energy · $856M total across 5 segments · Q4 2025
- Royalty Income$422M—49.3%
- Oil Income$357M—41.7%
- Natural Gas Liquids Income$49M—5.7%
- Natural Gas Income$16M—1.9%
- Lease Bonus Income$12M—1.4%
Forward guidance
Viper Energy Partners provided guidance for Q3 and Q4 2022, as well as full year 2022 net production.
Tailwinds
- Q3 2022 / Q4 2022 Net Production - MBo/d: 19.25 - 20.25
- Q3 2022 / Q4 2022 Net Production - MBoe/d: 32.75 - 34.50
- Full Year 2022 Net Production - MBo/d: 19.00 - 19.75
- Full Year 2022 Net Production - MBoe/d: 32.50 - 33.75
- Production and Ad Valorem Taxes (% of Revenue): 7%
Headwinds
- Depletion: $9.75 - $10.75
- Cash G&A: $0.60 - $0.80
- Non-Cash Unit-Based Compensation: $0.10 - $0.20
- Interest Expense: $3.25 - $3.75
- Cash Tax Rate (% of Pre-Tax Income Attributable to Viper Energy Partners LP): 13% - 18%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.6%
Avg return
Earnings day
+1.3%
Avg return
5 days after
+0.9%
Avg return
30 days after
55%
24 / 44 earnings
Positive
+9.1%
Q2 2019
Best reaction
-7.4%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.6% | -4.9% | -9.0% | |
| Q4 2025 | -0.5% | +3.5% | +6.4% | |
| Q3 2025 | -3.0% | -0.7% | +5.8% | |
| Q2 2025 | -0.2% | +0.8% | +4.1% | |
| Q1 2025 | -3.4% | -2.0% | -2.9% | |
| Q4 2024 | -4.8% | -1.6% | -6.2% | |
| Q3 2024 | +0.9% | +4.4% | -0.2% | |
| Q2 2024 | +7.0% | +12.8% | +15.2% | |
| Q1 2024 | -6.2% | -5.0% | -3.5% | |
| Q4 2023 | +0.9% | +1.8% | +6.5% | |
| Q3 2023 | +3.0% | +6.5% | +3.6% | |
| Q2 2023 | +7.8% | +8.1% | +5.9% | |
| Q1 2023 | -4.6% | -6.5% | -12.4% | |
| Q4 2022 | -2.4% | -3.9% | -10.4% | |
| Q3 2022 | -0.3% | -3.0% | -8.9% | |
| Q2 2022 | -0.2% | -6.0% | -0.7% | |
| Q1 2022 | +7.9% | +6.2% | +17.7% | |
| Q4 2021 | +5.1% | +8.7% | +14.6% | |
| Q3 2021 | +2.3% | +4.2% | -6.3% | |
| Q2 2021 | -0.2% | -0.4% | +2.2% | |
| Q1 2021 | +0.0% | +5.1% | +3.7% | |
| Q4 2020 | +5.1% | -1.8% | -2.7% | |
| Q3 2020 | +6.7% | +7.3% | +64.3% | |
| Q2 2020 | +0.9% | +0.1% | -5.9% | |
| Q1 2020 | -4.9% | +2.8% | +31.9% | |
| Q4 2019 | +3.2% | +8.5% | -65.7% | |
| Q3 2019 | -7.0% | -7.4% | -9.1% | |
| Q2 2019 | +9.1% | +6.8% | -1.3% | |
| Q1 2019 | -7.4% | -7.1% | -18.5% | |
| Q4 2018 | +2.3% | +0.3% | +4.0% | |
| Q3 2018 | -2.5% | -10.6% | -20.9% | |
| Q2 2018 | +4.3% | +1.3% | +5.2% | |
| Q1 2018 | +5.7% | +5.8% | +13.1% | |
| Q4 2017 | -3.8% | -5.4% | -5.6% | |
| Q3 2017 | +1.8% | +4.6% | +8.5% | |
| Q2 2017 | +3.5% | +3.0% | -0.6% | |
| Q1 2017 | +4.5% | +5.9% | +0.5% | |
| Q4 2016 | +0.3% | -1.2% | -0.7% | |
| Q3 2016 | +0.4% | +7.4% | +12.8% | |
| Q2 2016 | +1.0% | +3.9% | +0.9% | |
| Q1 2016 | -4.0% | — | — | |
| Q3 2015 | +2.0% | — | — | |
| Q2 2015 | -5.4% | — | — | |
| Q2 2014 | +4.5% | — | — | |
| Q4 2013 | — | — | — |
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