Viper Energy Partners (VNOM)
NASDAQ:VNOM
Want to see VNOM full AI Analyst Report?
Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.67Last Year’s EPS
0.41Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was predominately positive: production outperformed, full-year guidance midpoint was raised (~2.5%), organic growth >5% vs 2025 exit, a strategic tuck-in (Riverbend) adds ~2,000 bbl/d and ~3,000 net acres, and strong capital returns (90% of CAD) alongside ~90% free cash flow margins and a healthy balance sheet. Headwinds are chiefly execution risks from market volatility, unmodeled third-party acceleration upside, higher Q1 cash taxes, and some potential share overhang from prior secondary activity. On balance, the constructive operational results, disciplined capital allocation, and accretive M&A pipeline outweigh the risks discussed.Company Guidance
Production Beat and Guidance Raise
Q1 production exceeded expectations with operators turning >650 gross horizontal wells to production (Diamondback led with 114 gross wells). Management increased the midpoint of full-year oil production guidance by ~2.5% and stated the updated outlook represents over 5% organic growth versus pro forma 2025 exit rate.
Material Inorganic Growth — Riverbend Acquisition
Announced acquisition of >3,000 net royalty acres and ~2,000 barrels per day for $337 million cash plus 3.7 million Class A shares. Assets are ~75% overlapping/ complementary to Viper Energy's portfolio; seller's new equity position is already up ~8%–10% since the deal.
Strong Capital Return to Shareholders
Returned $0.94 per share in Q1, representing 90% of cash available for distribution (comprised of a $0.68 per share dividend and $0.28 per share of repurchases). Company remains committed to returning at least 75% of cash available and has a framework to return up to 100% under certain leverage thresholds.
Robust Free Cash Flow and Healthy Balance Sheet
Management highlighted roughly 90% free cash flow margins for the business, used proceeds from non-core asset sales to strengthen the balance sheet, and financed the Riverbend tuck-in without a large equity overhang.
High-Quality Asset Base and Operator Exposure
High-concentration royalty model with strong exposure to leading operators (Diamondback, Exxon, etc.). Riverbend adds Midland and New Mexico exposure with core undeveloped zones (e.g., legacy Midland/Glasscock acreage) and potential upside from Barnett and Woodford emergence.
Disciplined M&A Positioning and Deal Pipeline
Management expects a sizable opportunity set of mid-to-large Permian mineral packages (including private equity exits). Riverbend demonstrates Viper's ability to execute tuck-ins at scale and positions the company as a buyer of choice while maintaining valuation discipline.
VNOM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VNOM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $49.20 | $50.23 | +2.10% |
Feb 23, 2026 | $43.81 | $44.33 | +1.18% |
Nov 03, 2025 | $36.29 | $35.21 | -2.96% |
Aug 04, 2025 | $35.49 | $35.43 | -0.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Viper Energy Partners (VNOM) report earnings?
Viper Energy Partners (VNOM) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Viper Energy Partners (VNOM) earnings time?
Viper Energy Partners (VNOM) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VNOM EPS forecast?
VNOM EPS forecast for the fiscal quarter 2026 (Q2) is 0.67.