| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Income tax receivable | NaN | NaN | 2 | 2 |
| Derivative instruments | NaN | NaN | 22 | 15 |
| Cash and cash equivalents | 28 | 13 | 53 | 28 |
| Restricted cash | NaN | NaN | 390 | NaN |
| Royalty income receivable-Nonrelated Party | 383 | 262 | 277 | 203 |
| Royalty income receivable-Related Party | 17 | 88 | 107 | 189 |
| Prepaid expenses and other current assets | 41 | 50 | 36 | 6 |
| Total current assets | 469 | 413 | 887 | 443 |
| Proved properties | 9,514 | 9,746 | NaN | NaN |
| Oil and natural gas interests, full cost method of accounting (5,275million and 2,180million excluded from depletion at september30, 2025, and december 31, 2024, respectively) | NaN | NaN | 14,589 | 10,560 |
| Unproved properties | 4,562 | 4,910 | NaN | NaN |
| Accumulated depletion and impairment | NaN | NaN | NaN | 1,272 |
| Other property, equipment and land | 8 | 8 | 8 | NaN |
| Land | NaN | NaN | NaN | 6 |
| Accumulated depletion and impairment | 2,662 | 2,455 | 1,814 | NaN |
| Property, net | 11,422 | 12,209 | 12,783 | 9,294 |
| Deferred income taxes (net of allowances) | 142 | 33 | 0 | 42 |
| Other assets | 15 | 16 | 18 | 9 |
| Total assets | 12,048 | 12,671 | 13,688 | 9,788 |
| Long-term debt, net | NaN | 2,186 | NaN | 1,098 |
| Income taxes payable | NaN | NaN | 1 | 4 |
| Accounts payablerelated party | NaN | NaN | 0 | 0 |
| Derivative instruments | NaN | NaN | 0 | 2 |
| Current maturities of debt | NaN | NaN | 380 | NaN |
| Accrued liabilities | 36 | 107 | 91 | 66 |
| Other current liabilities | 40 | 4 | NaN | NaN |
| Total current liabilities | 76 | 111 | 472 | 72 |
| Long-term debt, net | 1,603 | NaN | 2,241 | NaN |
| Derivative instruments | NaN | NaN | 11 | 7 |
| Deferred income taxes | NaN | NaN | 18 | NaN |
| Other long-term liabilities | 4 | 11 | 5 | 0 |
| Total liabilities | 1,683 | 2,308 | 2,747 | 1,177 |
| Common stock-Common Class A | 0 | 0 | 0 | 0 |
| Common stock-Common Class B | 0 | 0 | 0 | 0 |
| Additional paid-in capital | 5,395 | 4,726 | 4,696 | 3,350 |
| Retained earnings (accumulated deficit) | -281 | -278 | -76 | 70 |
| Total viper energy, inc. stockholders equity | 5,114 | 4,448 | 4,620 | 3,420 |
| Non-controlling interest | 5,251 | 5,915 | 6,321 | 5,191 |
| Total equity | 10,365 | 10,363 | 10,941 | 8,611 |
| Total liabilities and stockholders equity | 12,048 | 12,671 | 13,688 | 9,788 |
Viper Energy, Inc. (VNOM)
Viper Energy, Inc. (VNOM)