Viper Energy Inc - Understand $vnom stock

$VNOM Market Cap: $9.888 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$836.4M

TTM

Gross Margin

93.27%

TTM

Net Earnings

$206.1M

TTM

Current Assets

$320.2M

Q3 2024

Current Liabilities

$44.21M

Q3 2024

Current Ratio

724.26%

Q3 2024

Total Assets

$4.206B

Q3 2024

Total Liabilities

$870.5M

Q3 2024

Book Value

$3.336B

Q3 2024

Cash

$168.6M

Q3 2024

P/E

47.97

Nov 13, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$827.7M	$866.5M	$504.9M	$250.6M	$298.3M	$288.8M	$172.0M	$79.15M	$74.86M	$77.77M	$15.00M
YoY Change	-4.47%	71.61%	101.46%	-15.98%	3.28%	67.89%	117.36%	5.73%	-3.74%	418.45%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$827.7M	$866.5M	$504.9M	$250.6M	$298.3M	$288.8M	$172.0M	$79.15M	$74.86M	$77.77M	$15.00M
Cost Of Revenue	$50.40M	$56.37M	$32.56M	$19.80M	$0.00	$0.00	$789.0K	$5.500M	$5.500M	$5.400M	$1.000M
Gross Profit	$777.3M	$810.1M	$472.4M	$230.8M	$298.3M	$288.8M	$171.2M	$73.60M	$69.30M	$72.40M	$14.00M
Gross Profit Margin	93.91%	93.49%	93.55%	92.09%	100.0%	100.0%	99.54%	92.99%	92.57%	93.1%	93.33%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Selling, General & Admin	$10.60M	$8.542M	$7.800M	$8.200M	$7.500M	$8.000M	$7.100M	$5.600M	$6.100M	$4.400M	$100.0K
YoY Change	24.13%	9.51%	-4.88%	9.33%	-6.25%	12.68%	26.79%	-8.2%	38.64%	4300.0%
% of Gross Profit	1.36%	1.05%	1.65%	3.55%	2.51%	2.77%	4.15%	7.61%	8.8%	6.08%	0.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$146.1M	$121.1M	$103.0M	$100.5M	$78.20M	$58.80M	$40.50M	$29.80M	$35.40M	$27.60M	$5.200M
YoY Change	20.69%	17.56%	2.47%	28.52%	32.99%	45.19%	35.91%	-15.82%	28.26%	430.77%
% of Gross Profit	18.8%	14.95%	21.8%	43.54%	26.22%	20.36%	23.65%	40.49%	51.08%	38.12%	37.14%
Operating Expenses	$207.5M	$186.0M	$143.3M	$197.7M	$104.7M	$85.83M	$58.21M	$88.46M	$50.48M	$37.35M	$5.300M
YoY Change	11.56%	29.75%	-27.5%	88.76%	22.03%	47.45%	-34.19%	75.22%	35.16%	604.72%
Operating Profit	$620.2M	$680.5M	$361.6M	$52.91M	$193.5M	$203.0M	$113.8M	-$9.311M	$24.38M	$40.42M	$8.700M
YoY Change	-8.86%	88.2%	583.32%	-72.66%	-4.65%	78.34%	-1322.44%	-138.2%	-39.69%	364.56%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	$48.91M	-$40.41M	-$34.04M	-$33.00M	-$21.08M	-$13.85M	$3.164M	$2.455M	$1.110M	$487.0K	-$5.700M
YoY Change	-221.03%	18.7%	3.16%	56.58%	52.18%	-537.71%	28.88%	121.17%	127.93%	-108.54%
% of Operating Profit	7.89%	-5.94%	-9.42%	-62.37%	-10.89%	-6.82%	2.78%		4.55%	1.2%	-65.52%
Other Income/Expense, Net	-$72.93M	-$58.13M	-$103.4M	-$103.9M	-$13.91M	-$12.48M	-$2.343M	-$1.588M	$44.00K	-$10.78M
YoY Change	25.45%	-43.77%	-0.47%	646.56%	11.52%	432.44%	47.54%	-3709.09%	-100.41%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Pretax Income	$547.3M	$622.4M	$258.2M	-$50.95M	$179.6M	$190.5M	$111.5M	-$10.90M	$24.40M	$29.60M	$3.000M
YoY Change	-12.06%	141.04%	-606.8%	-128.36%	-5.71%	70.9%	-1122.83%	-144.67%	-17.57%	886.67%
Income Tax	$45.95M	-$32.65M	$1.521M	$142.5M	-$41.58M	-$72.37M	$0.00	$0.00			$0.00
% Of Pretax Income	8.4%	-5.25%	0.59%		-23.15%	-37.98%	0.0%				0.0%
Net Earnings	$200.1M	$151.7M	$57.94M	-$192.3M	$46.28M	$144.0M	$111.5M	-$10.90M	$24.40M	$29.60M	$3.000M
YoY Change	31.92%	161.78%	-130.13%	-515.51%	-67.85%	29.14%	-1122.83%	-144.67%	-17.57%	886.67%
Net Earnings / Revenue	24.17%	17.5%	11.47%	-76.73%	15.52%	49.84%	64.8%	-13.77%	32.59%	38.06%	20.0%
Basic Earnings Per Share	$2.69	$2.00	$0.85
Diluted Earnings Per Share	$2.69	$2.00	$847.2K	-$2.840M	$749.2K	$2.011M	$1.068M	-$131.2K	$306.1K	$379.0K	$39.37K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$25.87M	$18.18M	$39.45M	$19.10M	$3.600M	$22.70M	$24.20M	$9.200M	$500.0K	$15.10M	$800.0K
YoY Change	42.3%	-53.92%	106.53%	430.56%	-84.14%	-6.2%	163.04%	1740.0%	-96.69%	1787.5%
Cash & Equivalents	$25.87M	$18.18M	$39.45M	$19.10M	$3.600M	$22.70M	$24.20M	$9.200M	$500.0K	$15.10M
Short-Term Investments
Other Short-Term Assets	$4.825M	$12.52M	$989.0K	$700.0K	$400.0K	$300.0K	$400.0K	$700.0K	$1.000M	$800.0K
YoY Change	-61.47%	1166.33%	41.29%	75.0%	33.33%	-25.0%	-42.86%	-30.0%	25.0%
Inventory
Prepaid Expenses
Receivables	$112.0M	$87.92M	$70.71M	$34.20M	$68.70M	$42.30M	$30.90M	$13.50M	$9.400M	$8.200M	$9.400M
Other Receivables	$813.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$143.5M	$118.6M	$111.1M	$54.00M	$72.70M	$65.20M	$55.40M	$23.40M	$10.90M	$24.10M	$10.20M
YoY Change	20.99%	6.72%	105.83%	-25.72%	11.5%	17.69%	136.75%	114.68%	-54.77%	136.27%
Property, Plant & Equipment	$3.768B	$2.750B	$2.920B	$2.405B	$2.548B	$1.474B	$914.4M	$611.9M	$483.3M	$478.3M	$442.8M
YoY Change	37.02%	-5.82%	21.41%	-5.6%	72.83%	61.21%	49.44%	26.61%	1.05%	8.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$62.26M	$51.48M	$2.757M	$2.300M	$165.3M	$114.7M	$43.20M	$35.30M	$35.50M	$35.00M
YoY Change	20.93%	1767.25%	19.87%	-98.61%	44.12%	165.51%	22.38%	-0.56%	1.43%
Total Long-Term Assets	$3.831B	$2.802B	$2.923B	$2.407B	$2.713B	$1.589B	$957.6M	$647.1M	$518.8M	$513.3M	$442.8M
YoY Change	36.72%	-4.14%	21.41%	-11.26%	70.74%	65.93%	47.98%	24.73%	1.07%	15.92%
Total Assets	$3.974B	$2.920B	$3.034B	$2.461B	$2.786B	$1.654B	$1.013B	$670.5M	$529.7M	$537.4M	$453.0M
YoY Change
Accounts Payable	$1.349M	$1.435M	$69.00K	$0.00	$200.0K	$0.00	$3.000M	$1.800M	$0.00	$0.00	$9.800M
YoY Change	-5.99%	1979.71%		-100.0%		-100.0%	66.67%			-100.0%
Accrued Expenses	$25.74M	$17.92M	$12.10M	$10.90M	$13.30M	$6.000M	$2.700M	$400.0K	$100.0K	$2.000M	$300.0K
YoY Change	43.68%	48.05%	11.02%	-18.05%	121.67%	122.22%	575.0%	300.0%	-95.0%	566.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$33.26M	$21.95M	$24.47M	$44.90M	$13.40M	$6.000M	$5.600M	$2.200M	$100.0K	$2.100M	$10.00M
YoY Change	51.54%	-10.3%	-45.51%	235.07%	123.33%	7.14%	154.55%	2100.0%	-95.24%	-79.0%
Long-Term Debt	$1.083B	$576.9M	$776.7M	$555.6M	$586.8M	$411.0M	$93.50M	$120.5M	$34.50M	$0.00	$440.0M
YoY Change	87.74%	-25.73%	39.8%	-5.32%	42.77%	339.57%	-22.41%	249.28%		-100.0%
Other Long-Term Liabilities	$201.0K	$7.000K
YoY Change	2771.43%
Total Long-Term Liabilities	$1.083B	$576.9M	$776.7M	$555.6M	$586.8M	$411.0M	$93.50M	$120.5M	$34.50M	$0.00	$440.0M
YoY Change	87.78%	-25.73%	39.8%	-5.32%	42.77%	339.57%	-22.41%	249.28%		-100.0%
Total Liabilities	$2.960B	$2.230B	$2.219B	$1.826B	$1.855B	$1.112B	$99.10M	$122.7M	$34.60M	$2.100M	$450.0M
YoY Change	32.74%	0.47%	21.53%	-1.53%	66.77%	1022.1%	-19.23%	254.62%	1547.62%	-99.53%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	74.18M shares	75.61M shares	68.32M shares
Diluted Shares Outstanding	74.18M shares	75.68M shares	68.39M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $9.8877 Billion

About Viper Energy Inc

Viper Energy, Inc. engages in the acquisition of oil and natural gas properties. The company is headquartered in Midland, Texas. The company went IPO on 2014-06-18. The firm is primarily focused on oil and natural gas properties primarily in the Permian Basin, which consists of approximately 75,000 square miles centered around Midland, Texas. The Company’s assets consist of mineral interests and royalty interests underlying 1,197,638 gross acres and 34,217 net royalty acres primarily in the Permian Basin. Its estimated proved oil and natural gas reserves totaled 179,249 thousand barrels of crude oil equivalent (MBOE). The firm's proved undeveloped reserves include approximately 529 gross horizontal well locations. The Company’s proved reserves include approximately 50% oil, 25% natural gas liquids and 25% natural gas.

Industry: Crude Petroleum & Natural Gas Peers: Civitas Resources Inc Comstock Resources Inc Conocophillips DENBURY INC Magnolia Oil & Gas Corp Matador Resources Co Murphy Oil Corp PDC ENERGY, INC. Chord Energy Corp SM Energy Co