$VNOM
Viper Energy Inc

2021 Q4 Form 10-Q Financial Statement

#000160206521000058 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $165.8M $128.0M $62.94M
YoY Change 117.23% 103.37% -12.32%
Cost Of Revenue $9.132M $8.625M $5.050M
YoY Change 64.84% 70.79% 6.77%
Gross Profit $156.7M $119.4M $57.89M
YoY Change 121.3% 106.22% -13.67%
Gross Profit Margin 94.49% 93.26% 91.97%
Selling, General & Admin $1.682M $1.735M $1.810M
YoY Change -16.32% -4.14% 0.0%
% of Gross Profit 1.07% 1.45% 3.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.76M $25.37M $24.80M
YoY Change 1.61% 2.28% 32.62%
% of Gross Profit 18.36% 21.25% 42.84%
Operating Expenses $30.44M $35.73M $31.64M
YoY Change 0.46% 12.91% 25.39%
Operating Profit $126.2M $92.28M $31.30M
YoY Change 211.72% 194.8% -32.76%
Interest Expense -$8.643M -$8.328M -$8.238M
YoY Change -64.21% 1.09% 115.26%
% of Operating Profit -6.85% -9.02% -26.32%
Other Income/Expense, Net $2.000K -$17.93M -$15.12M
YoY Change -98.89% 18.58% 414.57%
Pretax Income $117.6M $74.35M $16.18M
YoY Change -323.14% 359.41% -62.9%
Income Tax $580.0K $906.0K $0.00
% Of Pretax Income 0.49% 1.22% 0.0%
Net Earnings $39.47M $16.83M -$764.0K
YoY Change -242.89% -2303.14% -109.61%
Net Earnings / Revenue 23.8% 13.15% -1.21%
Basic Earnings Per Share
Diluted Earnings Per Share $498.8K $262.0K -$11.20K
COMMON SHARES
Basic Shares Outstanding 79.12M shares 64.30M shares 67.84M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $39.45M $41.52M $7.400M
YoY Change 106.53% 461.01% -63.0%
Cash & Equivalents $39.45M $41.52M $7.374M
Short-Term Investments
Other Short-Term Assets $989.0K $654.0K $371.0K
YoY Change 48.72% 76.28% 47.22%
Inventory
Prepaid Expenses
Receivables $68.57M $47.13M $32.11M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $111.1M $111.3M $54.76M
YoY Change 105.85% 103.28% -29.36%
LONG-TERM ASSETS
Property, Plant & Equipment $2.920B $2.338B $2.538B
YoY Change 21.42% -7.89% 45.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.757M $3.567M $8.057M
YoY Change 18.48% -55.73% -62.5%
Total Long-Term Assets $2.923B $2.371B $2.546B
YoY Change 21.41% -6.87% 31.95%
TOTAL ASSETS
Total Short-Term Assets $111.1M $111.3M $54.76M
Total Long-Term Assets $2.923B $2.371B $2.546B
Total Assets $3.034B $2.482B $2.601B
YoY Change 23.27% -4.55% 29.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.00K $208.0K $95.00K
YoY Change 60.47% 118.95%
Accrued Expenses $20.51M $26.00M $20.83M
YoY Change 12.3% 24.81% 285.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $24.47M $61.57M $44.19M
YoY Change -45.51% 39.32% 722.89%
LONG-TERM LIABILITIES
Long-Term Debt $776.7M $564.5M $597.9M
YoY Change 39.8% -5.59% 46.01%
Other Long-Term Liabilities $697.0K $5.500M
YoY Change -87.33%
Total Long-Term Liabilities $776.7M $565.1M $603.4M
YoY Change 39.8% -6.34% 47.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.47M $61.57M $44.19M
Total Long-Term Liabilities $776.7M $565.1M $603.4M
Total Liabilities $801.2M $626.7M $647.6M
YoY Change 33.41% -3.22% 56.09%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $814.8M $582.7M $727.5M
YoY Change
Total Liabilities & Shareholders Equity $3.034B $2.482B $2.601B
YoY Change 23.27% -4.55% 29.59%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $39.47M $16.83M -$764.0K
YoY Change -242.89% -2303.14% -109.61%
Depreciation, Depletion And Amortization $28.76M $25.37M $24.80M
YoY Change 1.61% 2.28% 32.62%
Cash From Operating Activities $107.4M $69.99M $27.30M
YoY Change 101.2% 156.38% -56.32%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$274.4M -$5.909M $8.200M
YoY Change -772.67% -172.06% -104.34%
Cash From Investing Activities -$274.4M -$5.909M $8.200M
YoY Change -772.67% -172.06% -104.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 134.9M -34.97M -37.80M
YoY Change -263.53% -7.5% -128.36%
NET CHANGE
Cash From Operating Activities 107.4M 69.99M 27.30M
Cash From Investing Activities -274.4M -5.909M 8.200M
Cash From Financing Activities 134.9M -34.97M -37.80M
Net Change In Cash -32.09M 29.12M -2.300M
YoY Change -374.29% -1366.0% -132.86%
FREE CASH FLOW
Cash From Operating Activities $107.4M $69.99M $27.30M
Capital Expenditures $0.00
Free Cash Flow $69.99M
YoY Change

Facts In Submission

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CY2020Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Depletion Of Oil And Gas Properties
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us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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vnom Gain Losson Revaluationof Investments
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us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3332000 USD
us-gaap Other Operating Activities Cash Flow Statement
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2681000 USD
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
199672000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
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us-gaap Payments To Acquire Mineral Rights
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PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
87000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
95000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
79000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
65000000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
19697000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
33562000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
52419000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
46102000 USD
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PaymentsOfDividendsCommonStock
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PaymentsOfCapitalDistribution
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PaymentsOfCapitalDistribution
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-140525000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-82286000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3772000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19121000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3602000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71540000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7374000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts have been reclassified to conform to the current period financial statement presentation. These reclassifications had no effect on the previously reported total assets, total liabilities, unitholders’ equity, results of operations or cash flows.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts included in or affecting the Partnership’s financial statements and related disclosures must be estimated by management, requiring certain assumptions to be made with respect to values or conditions that cannot be known with certainty at the time the financial statements are prepared. These estimates and assumptions affect the amounts the Partnership reports for assets and liabilities and the Partnership’s disclosure of contingent assets and liabilities as of the date of the financial statements. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Making accurate estimates and assumptions is particularly difficult in the oil and natural gas industry given the challenges resulting from volatility in oil and natural gas prices. For instance, in 2020, the effects of COVID-19 and actions by OPEC members and other exporting nations on the supply and demand in global oil and natural gas markets resulted in significant negative pricing pressure in the first half of 2020, followed by a recovery in pricing and an increase in demand in the second half of 2020 and into 2021. However, the COVID-19 Delta variant emerged in March 2021 and became highly transmissible in July 2021, which contributed to additional pricing volatility during the third quarter of 2021. The financial results of companies in the oil and natural gas industry have been impacted materially as a result of changing market conditions. Such circumstances generally increase uncertainty in the Partnership’s accounting estimates, particularly those involving financial forecasts. </span></div>The Partnership evaluates these estimates on an ongoing basis, using historical experience, consultation with experts and other methods the Partnership considers reasonable in each particular circumstance. Nevertheless, actual results may differ significantly from the Partnership’s estimates. Any effects on the Partnership’s business, financial position or results of operations resulting from revisions to these estimates are recorded in the period in which the facts that give rise to the revision become known. Significant items subject to such estimates and assumptions include estimates of proved oil and natural gas reserves and related present value estimates of future net cash flows therefrom, the carrying value of oil and natural gas interests, the recoverability of costs of unevaluated properties, the fair value determination of assets and liabilities, fair value estimates of commodity derivatives and estimates of income taxes.
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41515000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7374000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
30025000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4311000 USD
CY2021Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
5868000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
6501000 USD
CY2021Q3 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
8550000 USD
CY2020Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
7392000 USD
CY2021Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
783000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
58000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71540000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7374000 USD
CY2021Q3 us-gaap Interest Payable Current
InterestPayableCurrent
10799000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26000000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18262000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
127649000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
62584000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
337619000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
171857000 USD
CY2021Q3 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1605505000 USD
CY2020Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1530636000 USD
CY2021Q3 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1296765000 USD
CY2020Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1364906000 USD
CY2021Q3 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
2902270000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
2895542000 USD
CY2021Q3 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
570406000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
496176000 USD
CY2021Q3 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2331864000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2399366000 USD
CY2021Q3 us-gaap Land
Land
5688000 USD
CY2020Q4 us-gaap Land
Land
5688000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2337552000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2405054000 USD
CY2021Q3 vnom Mineral Properties Net Royalty Acres
MineralPropertiesNetRoyaltyAcres
24368 acre
CY2020Q4 vnom Mineral Properties Net Royalty Acres
MineralPropertiesNetRoyaltyAcres
24350 acre
CY2021Q3 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2020Q3 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1832000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2058000 USD
CY2021Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
5654000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
6236000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-764000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
564452000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
555644000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
57600000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
16832000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
26000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16770000 USD
us-gaap Net Income Loss
NetIncomeLoss
18474000 USD
us-gaap Net Income Loss
NetIncomeLoss
-164685000 USD
CY2021Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
62000 USD
CY2020Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
141000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-766000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18333000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-164711000 USD
CY2021Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
64152000 shares
CY2020Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
67847000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
64724000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
67832000 shares
CY2021Q3 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
89000 shares
CY2020Q3 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
0 shares
us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
91000 shares
us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
0 shares
CY2021Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
64241000 shares
CY2020Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
67847000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
64815000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
67832000 shares
CY2021Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.26
CY2020Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-0.01
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.29
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-2.43
CY2021Q3 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.26
CY2020Q3 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-0.01
us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.29
us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-2.43
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2955 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
906000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
941000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142466000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.012
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.007
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
81.689
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142500000 USD
CY2021Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-9599000 USD
CY2020Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-5084000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-70649000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-47469000 USD
CY2021Q3 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-25306000 USD
CY2020Q3 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-16164000 USD
vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-61188000 USD
vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-18718000 USD

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