Education
About Us
Working with TipRanks
Follow Us
Viper Energy (VNOM)
NASDAQ:VNOM
Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.3Last Year’s EPS
0.54Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights substantial strategic progress: transformative 2025 acquisitions (> $8B), strong per‑share growth (+7% oil production per share), a repaired balance sheet (pro forma net debt ≈ $1.6B, ~1x leverage), a 15% dividend increase and a $1B repurchase authorization. Management emphasizes resilient third‑party activity, strong Diamondback alignment, active leasing and downside hedging. Key risks are limited visibility in the back half of 2026 (wide guidance), a tight market for large M&A at current prices, concentration in the Permian and some shift toward a higher gas/NGL mix (oil cut trending lower). Overall, positive operational and capital allocation momentum outweighs the noted execution and market uncertainties.Company Guidance
Large Mineral Acquisitions and Permian Scale Expansion
Completed more than $8.0 billion of mineral acquisitions in 2025, growing Permian Basin acreage by nearly 2.5x year‑over‑year and materially increasing scale, longevity and quality of asset base.
Per Share Production Growth
Oil production per share increased ~7% year‑over‑year; 2026 average daily production guidance implies mid‑single‑digit organic production growth from the Q4 2025 exit rate.
Balance Sheet Repair and Leverage
After a non‑Permian divestiture, fully repaid a $500 million term loan and outstanding revolver; pro forma net debt of roughly $1.6 billion, described as just over one turn of leverage.
Increased and Covered Dividend
Board approved a 15% increase to the base dividend; new base dividend represents approximately 50% of estimated 2026 free cash flow at $50 WTI and management says it is fully covered below $30 WTI.
Expanded Share Repurchase Authorization and Cash Returns
Board approved a $1.0 billion increase to share repurchase authorization; company returned 90% of available cash in Q4 and states it is positioned to return upwards of 100% of cash available for distribution following the divestiture.
Strong Operator Relationships and Third‑Party Activity
Continued strategic alignment with Diamondback; third‑party activity remains resilient despite broader rig count declines, with Viper capturing approximately half of third‑party activity across its acreage.
Lease Bonus and Leasing Momentum
Lease bonus income was strong in 2025, driven by proactive leasing and management of tens of thousands of leases; management believes leasing and deep‑right development (e.g., Spanish Trail/Barnett opportunities) can continue to be a tailwind.
Risk Management and Hedging
Hedge program in place for 2026 focused on downside protection via deferred premium puts; management comfortable with current hedges and emphasized protecting against extreme downside to preserve cash distributions.
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 |
|---|---|---|---|
Feb 23, 2026 | $44.96 | $45.49 | +1.18% |
Nov 03, 2025 | $37.24 | $36.14 | -2.95% |
Aug 04, 2025 | $36.42 | $36.36 | -0.16% |
May 05, 2025 | $39.68 | $38.30 | -3.48% |
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 (VNOM) report earnings?
Viper Energy (VNOM) is schdueled to report earning on May 11, 2026, After Close (Confirmed).
What is Viper Energy (VNOM) earnings time?
Viper Energy (VNOM) earnings time is at May 11, 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 (Q1) is 0.3.