Viper Energy (VNOM)
NASDAQEnergyOil & Gas MidstreamSnapshot 2026-11-05
$39.70-3.31%
Close 2026-11-05 · 1-day change
NASDAQEnergyOil & Gas MidstreamSnapshot 2026-11-05
QuarterlyIQ Insights · VNOM
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-11-05.
The screen ranks VNOM against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated strong grew net income 55% of the time over the next year (vs 58% for the rest of the cohort, n=1774).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
The quarter also marked the first under our new return of capital framework, through which we declared our increased base dividend of $0.50 per Class A share while continuing to opportunistically rep…
Stated in 4 of 4 supplied quarters. Management reported: “The quarter also marked the first under our new return of capital framework, through which we declared our increased base dividend of $0.50 per Class A share while continuing to opportunistically repurchase shares,” said Kaes Van’t Hof, Chief Executive Officer of Viper.” “The Company today also announced that effective Q3 2026 the Board of Directors of Viper has approved a 32% increase to its base dividend, or an amount equal to $2.00 per Class A share annually.”
“The quarter also marked the first under our new return of capital framework, through which we declared our increased base dividend of $0.50 per Class A share while continuing to opportunistically rep…”
“The Company today also announced that effective Q3 2026 the Board of Directors of Viper has approved a 32% increase to its base dividend, or an amount equal to $2.00 per Class A share annually.”
“During the quarter, we paid down nearly $600 million in debt, repurchased almost $100 million in shares and are now set to pay a dividend providing an approximate 5.5% annualized yield.”
“The announcement today to increase our base dividend by 15% and our share repurchase authorization by $1 billion further highlights our commitment to a comprehensive return of capital strategy.”
Mr. Van’t Hof continued, “The McElroy Ranch Acquisition and Pending Buckhorn Acquisition announced today represent the continued execution of our differentiated consolidation strategy.
Stated in 3 of 4 supplied quarters. Management reported: “Mr. Van’t Hof continued, “The McElroy Ranch Acquisition and Pending Buckhorn Acquisition announced today represent the continued execution of our differentiated consolidation strategy.” “We also today announced the Riverbend Acquisition, which is a continuation of our strategy to consolidate the highly fragmented minerals and royalty sector in an accretive, yet disciplined, manner.”” Revenue was $661.000 million in 2026-Q3.
Reflecting this continued momentum, we are again increasing our full year 2026 production guidance to 67,500 barrels of oil per day at the midpoint.
Stated in 3 of 4 supplied quarters. Management reported: “Reflecting this continued momentum, we are again increasing our full year 2026 production guidance to 67,500 barrels of oil per day at the midpoint.” “FOURTH QUARTER 2025 CASH DIVIDEND & CAPITAL RETURN PROGRAM Viper announced today that the Company’s Board of Directors (the “Board”) declared a base cash dividend of $0.38 per Class A common share for the fourth quarter of 2025, payable on March 12, 2026 to Class A common stockholders of record at the close of business on March 5, 2026.”
During the third quarter of 2026, Viper repurchased approximately 2.1 million shares of the Company’s Class A common stock for an aggregate purchase price of approximately $90 million, excluding exci…
Stated in 3 of 4 supplied quarters. Management reported: “During the third quarter of 2026, Viper repurchased approximately 2.1 million shares of the Company’s Class A common stock for an aggregate purchase price of approximately $90 million, excluding excise tax (average price of $43.01 per share).” “During the fourth quarter of 2025, Viper repurchased 2.4 million shares of the Company’s common stock (including both Class A shares and Class B shares paired with OpCo units) for an aggregate purchase price of approximately $94 million, excluding excise tax (average price of $38.69 per share).”
Maintain leadership stability and enhance governance practices to support long-term company performance.
Over the trailing year it converted 2.90x of net income into operating cash flow. Historically, Energy names rated robust grew net income 57% of the time over the next year (vs 39% for the rest of the cohort, n=993).
Most sensitive to long-term interest rates.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, real (inflation-adjusted) rates, the broad stock market (low R² over the window).
31 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated volatile grew net income 54% of the time over the next year (vs 59% for the rest of the cohort, n=1684).
Not investment advice. As of 2026-11-05.
“Mr. Van’t Hof continued, “The McElroy Ranch Acquisition and Pending Buckhorn Acquisition announced today represent the continued execution of our differentiated consolidation strategy.”
“We also today announced the Riverbend Acquisition, which is a continuation of our strategy to consolidate the highly fragmented minerals and royalty sector in an accretive, yet disciplined, manner.””
“In addition to our continued organic growth, we leveraged our leading position in the minerals and royalty sector to advance our differentiated acquisition strategy.”
“Reflecting this continued momentum, we are again increasing our full year 2026 production guidance to 67,500 barrels of oil per day at the midpoint.”
“Viper Energy, Inc. Q2 2026 Net Production - Mbo/d 64.0 - 65.0 Q2 2026 Net Production - Mboe/d 124.0 - 126.0 Full Year 2026 Net Production - Mbo/d 64.5 - 66.5 Full Year 2026 Net Production - Mboe/d 12…”
“Viper Energy, Inc. Q1 2026 Net Production - Mbo/d 62.5 - 64.5 Q1 2026 Net Production - Mboe/d 124.0 - 128.0 Full Year 2026 Net Production - Mbo/d 61.0 - 67.0 Full Year 2026 Net Production - Mboe/d 12…”
“During the third quarter of 2026, Viper repurchased approximately 2.1 million shares of the Company’s Class A common stock for an aggregate purchase price of approximately $90 million, excluding exci…”
“During the quarter, we paid down nearly $600 million in debt, repurchased almost $100 million in shares and are now set to pay a dividend providing an approximate 5.5% annualized yield.”
“During the fourth quarter of 2025, Viper repurchased 2.4 million shares of the Company’s common stock (including both Class A shares and Class B shares paired with OpCo units) for an aggregate purcha…”