Financial Snapshot

Revenue
$836.4M
TTM
Gross Margin
93.15%
TTM
Net Earnings
$206.1M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
724.26%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.336B
Q3 2024
Cash
Q3 2024
P/E
47.58
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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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

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Gross Profit

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Gross Profit Margin

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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

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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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

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Interest Expenses To Operating Income %

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Other Expense/Income

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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

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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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

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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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

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
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

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $9.8067 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