NASDAQ$VNOM
VIPER ENERGY INC-CL A · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Viper Energy reported strong financial results for Q4 2024, driven by higher production and strategic acquisitions.
Viper Energy achieved solid financial performance in Q4 2024, with net income attributable to Viper reaching $210.1 million and operating income of $228.7 million. The company reported an average daily oil production of 29,859 bo/d and an average daily combined production of 56,109 boe/d. Cash and cash equivalents stood at $26.9 million. The company continued its expansion with acquisitions, including a $211 million purchase of mineral and royalty interests. Viper also declared dividends totaling $0.65 per share for the quarter.
- Net income attributable to Viper reached $210.1 million, boosted by a $155.9 million tax benefit.
- Average daily oil production stood at 29,859 bo/d, with total combined production at 56,109 boe/d.
- Total Q4 operating income was $228.7 million.
- Cash available for distribution was $89.0 million, with dividends totaling $0.65 per share.
Headline financials
Revenue & EPS history
Viper Energy · Revenue · Quarterly
$229M
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 expects continued production growth, with Q1 2025 daily oil production forecasted at 30,000-31,000 bo/d. Following the completion of its pending acquisition, production is expected to further increase to 47,000-49,000 bo/d in the latter half of 2025.
Tailwinds
- Projected Q1 2025 average daily oil production of 30,000-31,000 bo/d.
- Expected full-year production increase to 47,000-49,000 bo/d post-acquisition.
- Strategic acquisitions to strengthen revenue and cash flow.
- Strong dividend payout strategy continues.
- Robust balance sheet with ample liquidity for future investments.
Headwinds
- Increased interest expenses due to debt financing of acquisitions.
- Potential volatility in oil and natural gas prices impacting revenue.
- Higher production and ad valorem taxes affecting profitability.
- Uncertainty around regulatory and geopolitical risks in the energy sector.
- Dependence on third-party operators for production growth.
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 Q4 2024
+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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