2023 Q4 Form 10-K Financial Statement

#000160206524000010 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022 Q4
Revenue $204.7M $827.7M $203.6M
YoY Change 0.53% -4.47% 22.82%
Cost Of Revenue $12.61M $50.40M $10.83M
YoY Change 16.46% -10.59% 18.54%
Gross Profit $192.1M $777.3M $192.8M
YoY Change -0.36% -4.05% 23.07%
Gross Profit Margin 93.84% 93.91% 94.68%
Selling, General & Admin $3.951M $10.60M $2.570M
YoY Change 53.74% 24.13% 52.79%
% of Gross Profit 2.06% 1.36% 1.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $44.82M $146.1M $31.24M
YoY Change 43.47% 20.69% 8.63%
% of Gross Profit 23.33% 18.8% 16.2%
Operating Expenses $49.09M $207.5M $33.81M
YoY Change 45.21% 11.56% 11.07%
Operating Profit $143.0M $620.2M $159.0M
YoY Change -10.05% -8.86% 25.97%
Interest Expense -$11.84M $48.91M -$9.023M
YoY Change 31.16% -221.03% 4.4%
% of Operating Profit -8.28% 7.89% -5.68%
Other Income/Expense, Net $972.0K -$72.93M $216.0K
YoY Change 350.0% 25.45% 10700.0%
Pretax Income $132.1M $547.3M $150.2M
YoY Change -12.01% -12.06% 27.74%
Income Tax $6.217M $45.95M $4.944M
% Of Pretax Income 4.7% 8.4% 3.29%
Net Earnings $56.94M $200.1M $22.02M
YoY Change 158.62% 31.92% -44.22%
Net Earnings / Revenue 27.81% 24.17% 10.81%
Basic Earnings Per Share $2.69
Diluted Earnings Per Share $0.70 $2.69 $0.30
COMMON SHARES
Basic Shares Outstanding 74.18M shares
Diluted Shares Outstanding 74.18M shares

Balance Sheet

Concept 2023 Q4 2023 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.87M $25.87M $18.18M
YoY Change 42.3% 42.3% -53.92%
Cash & Equivalents $25.87M $25.87M $18.18M
Short-Term Investments
Other Short-Term Assets $4.825M $4.825M $3.196M
YoY Change 50.97% -61.47% 223.15%
Inventory
Prepaid Expenses
Receivables $112.0M $112.0M $81.66M
Other Receivables $813.0K $813.0K $0.00
Total Short-Term Assets $143.5M $143.5M $118.6M
YoY Change 20.99% 20.99% 6.72%
LONG-TERM ASSETS
Property, Plant & Equipment $3.768B $3.768B $2.750B
YoY Change 37.02% 37.02% -5.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.509M $62.26M $1.382M
YoY Change 298.63% 20.93% -49.87%
Total Long-Term Assets $3.831B $3.831B $2.802B
YoY Change 36.72% 36.72% -4.14%
TOTAL ASSETS
Total Short-Term Assets $143.5M $143.5M $118.6M
Total Long-Term Assets $3.831B $3.831B $2.802B
Total Assets $3.974B $3.974B $2.920B
YoY Change 36.08% 36.08% -3.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.349M $1.349M $1.129M
YoY Change 19.49% -5.99% 1536.23%
Accrued Expenses $27.02M $25.74M $19.60M
YoY Change 37.86% 43.68% -4.43%
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 $33.26M $33.26M $21.95M
YoY Change 51.54% 51.54% -10.3%
LONG-TERM LIABILITIES
Long-Term Debt $1.083B $1.083B $576.9M
YoY Change 87.74% 87.74% -25.73%
Other Long-Term Liabilities $201.0K $201.0K $7.000K
YoY Change 2771.43% 2771.43%
Total Long-Term Liabilities $1.083B $1.083B $576.9M
YoY Change 87.78% 87.78% -25.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.26M $33.26M $21.95M
Total Long-Term Liabilities $1.083B $1.083B $576.9M
Total Liabilities $1.117B $2.960B $598.8M
YoY Change 86.45% 32.74% -25.26%
SHAREHOLDERS EQUITY
Retained Earnings -$16.79M $0.00
YoY Change
Common Stock $1.031B $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.014B $1.014B $690.7M
YoY Change
Total Liabilities & Shareholders Equity $3.974B $3.974B $2.920B
YoY Change 36.08% 36.08% -3.75%

Cashflow Statement

Concept 2023 Q4 2023 2022 Q4
OPERATING ACTIVITIES
Net Income $56.94M $200.1M $22.02M
YoY Change 158.62% 31.92% -44.22%
Depreciation, Depletion And Amortization $44.82M $146.1M $31.24M
YoY Change 43.47% 20.69% 8.63%
Cash From Operating Activities $145.8M $638.2M $186.6M
YoY Change -21.85% -8.8% 73.63%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$731.7M -$908.4M $27.96M
YoY Change -2716.83% -75797.08% -110.19%
Cash From Investing Activities -$731.7M -$908.4M $27.96M
YoY Change -2716.83% -2009.49% -110.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 464.9M $277.9M -208.0M
YoY Change -323.54% -136.15% -254.14%
NET CHANGE
Cash From Operating Activities 145.8M $638.2M 186.6M
Cash From Investing Activities -731.7M -$908.4M 27.96M
Cash From Financing Activities 464.9M $277.9M -208.0M
Net Change In Cash -121.0M $7.690M 6.563M
YoY Change -1943.82% -136.16% -120.45%
FREE CASH FLOW
Cash From Operating Activities $145.8M $638.2M $186.6M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 us-gaap Profit Loss
ProfitLoss
501341000 usd
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001602065
CY2021 us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
http://fasb.org/us-gaap/2023#RoyaltyMember
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
49656000 usd
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
001-36505
CY2023 dei Entity Registrant Name
EntityRegistrantName
Viper Energy, Inc.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
46-5001985
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
500 West Texas
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 100
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Midland,
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
79701
CY2023 dei City Area Code
CityAreaCode
432
CY2023 dei Local Phone Number
LocalPhoneNumber
221-7400
CY2023 dei Security12b Title
Security12bTitle
Class A Common Stock, $0.000001 Par Value
CY2023 dei Trading Symbol
TradingSymbol
VNOM
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
false
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
1900000000 usd
CY2023 dei Auditor Firm
AuditorFirmId
248
CY2023 dei Auditor Name
AuditorName
GRANT THORNTON LLP
CY2023 dei Auditor Location
AuditorLocation
Oklahoma City, Oklahoma
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25869000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18179000 usd
CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
358000 usd
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
9328000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4467000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2468000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
143517000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
118620000 usd
CY2023Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1769341000 usd
CY2022Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1297221000 usd
CY2023Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
4628983000 usd
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
3464819000 usd
CY2023Q4 us-gaap Land
Land
5688000 usd
CY2022Q4 us-gaap Land
Land
5688000 usd
CY2023Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
866352000 usd
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
720234000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3768319000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2750273000 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
92000 usd
CY2022Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
442000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
56656000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5509000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1382000 usd
CY2023Q4 us-gaap Assets
Assets
3974093000 usd
CY2022Q4 us-gaap Assets
Assets
2920373000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
27021000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
19600000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
2961000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
0 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
1925000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
911000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
33256000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
21946000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1083082000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
576895000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
201000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
7000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1116539000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
598848000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
0 usd
CY2022Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
649000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1031078000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
0 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16786000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1014292000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
690659000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
1843262000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
1630866000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2857554000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2321525000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3974093000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2920373000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
717110000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
837976000 usd
CY2023 us-gaap Other Operating Income
OtherOperatingIncome
909000 usd
CY2022 us-gaap Other Operating Income
OtherOperatingIncome
700000 usd
CY2021 us-gaap Other Operating Income
OtherOperatingIncome
620000 usd
CY2023 us-gaap Revenues
Revenues
827697000 usd
CY2022 us-gaap Revenues
Revenues
866467000 usd
CY2021 us-gaap Revenues
Revenues
504917000 usd
CY2023 us-gaap Production Tax Expense
ProductionTaxExpense
50401000 usd
CY2022 us-gaap Production Tax Expense
ProductionTaxExpense
56372000 usd
CY2021 us-gaap Production Tax Expense
ProductionTaxExpense
32558000 usd
CY2023 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
146118000 usd
CY2022 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
121071000 usd
CY2021 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
102987000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10603000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8542000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7800000 usd
CY2023 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
356000 usd
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
0 usd
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
0 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
207478000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
185985000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
143345000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
620219000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
680482000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
361572000 usd
CY2023 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-48907000 usd
CY2022 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-40409000 usd
CY2021 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-34044000 usd
CY2023 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-25793000 usd
CY2022 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-18138000 usd
CY2021 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-69409000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1774000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
416000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
79000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-72926000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-58131000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-103374000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
547293000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
622351000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
258198000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
45952000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-32653000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1521000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
501341000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
655004000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
256677000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
301253000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
503331000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
198738000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
200088000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
151673000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
57939000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.69
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.00
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.69
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.00
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
74176000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75612000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68319000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74176000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75679000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68391000 shares
CY2020Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
1860833000 usd
CY2021 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
1172000 usd
CY2021 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
336872000 usd
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
20000 usd
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
45999000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
256677000 usd
CY2021Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
2232828000 usd
CY2022 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
1304000 usd
CY2022 vnom Limited Partners Capital Account Distribution Equivalent Rights Payments
LimitedPartnersCapitalAccountDistributionEquivalentRightsPayments
365000 usd
CY2022 us-gaap Limited Partners Capital Account Distribution Amount
LimitedPartnersCapitalAccountDistributionAmount
182470000 usd
CY2022 vnom Vnom Limited Partners Capital Account Distribution Amount Related Party
Vnom_LimitedPartnersCapitalAccountDistributionAmountRelatedParty
234103000 usd
CY2022 us-gaap General Partners Capital Account Distribution Amount
GeneralPartnersCapitalAccountDistributionAmount
80000 usd
CY2022 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
0 usd
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
150593000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
655004000 usd
CY2022Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
2321525000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2321525000 usd
CY2023 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2023 vnom Liquidation Of General Partner
LiquidationOfGeneralPartner
1150000 usd
CY2023 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
254600000 usd
CY2023 vnom Partners Capital Account Issued To Related Parties
PartnersCapitalAccountIssuedToRelatedParties
200000000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1302000 usd
CY2023 vnom Limited Partners Capital Account Distribution Equivalent Rights Payments
LimitedPartnersCapitalAccountDistributionEquivalentRightsPayments
211000 usd
CY2023 us-gaap Limited Partners Capital Account Distribution Amount
LimitedPartnersCapitalAccountDistributionAmount
128566000 usd
CY2023 vnom Vnom Limited Partners Capital Account Distribution Amount Related Party
Vnom_LimitedPartnersCapitalAccountDistributionAmountRelatedParty
195976000 usd
CY2023 us-gaap General Partners Capital Account Distribution Amount
GeneralPartnersCapitalAccountDistributionAmount
90000 usd
CY2023 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
0 usd
CY2023 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
95221000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2857554000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
501341000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
655004000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
256677000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7000000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-49656000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
146118000 usd
CY2022 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
121071000 usd
CY2021 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
102987000 usd
CY2023 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-25793000 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-18138000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-69409000 usd
CY2023 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-13319000 usd
CY2022 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-31319000 usd
CY2021 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-92585000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3442000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
5070000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27379000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
146000 usd
CY2022 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
151000 usd
CY2021 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
2273000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
1024000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
306000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
0 usd
CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1014000 usd
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
440000 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
471000 usd
CY2023 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2084000 usd
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2204000 usd
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
324000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
638192000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
699796000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
307114000 usd
CY2023 vnom Proceeds From Repayments For Sale Of Property Plant And Equipment
ProceedsFromRepaymentsForSaleOfPropertyPlantAndEquipment
-3164000 usd
CY2022 vnom Proceeds From Repayments For Sale Of Property Plant And Equipment
ProceedsFromRepaymentsForSaleOfPropertyPlantAndEquipment
111702000 usd
CY2021 vnom Proceeds From Repayments For Sale Of Property Plant And Equipment
ProceedsFromRepaymentsForSaleOfPropertyPlantAndEquipment
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-908365000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
47571000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-281176000 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
573000000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
272000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
330000000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
462000000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
424000000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
110000000 usd
CY2023 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
400000000 usd
CY2022 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
CY2023 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
CY2022 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
48963000 usd
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
CY2023 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
200000000 usd
CY2022 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 usd
CY2021 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 usd
CY2023 vnom Payments For Repurchase Of Common Stock Units
PaymentsForRepurchaseOfCommonStockUnits
95221000 usd
CY2022 vnom Payments For Repurchase Of Common Stock Units
PaymentsForRepurchaseOfCommonStockUnits
150593000 usd
CY2021 vnom Payments For Repurchase Of Common Stock Units
PaymentsForRepurchaseOfCommonStockUnits
45999000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
128777000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
182835000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
75942000 usd
CY2023 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
195976000 usd
CY2022 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
234103000 usd
CY2021 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
100685000 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13163000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-142000 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2985000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
277863000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-768636000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5611000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7690000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21269000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
20327000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18179000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39448000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19121000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25869000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18179000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39448000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
40187000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
36868000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
30784000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
51345000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16990000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1050000 usd
CY2023 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
254600000 usd
CY2022 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 usd
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
336872000 usd
CY2023Q4 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
1 shares
CY2023Q4 vnom Ownership Percentage By Parent
OwnershipPercentageByParent
1
CY2023Q4 vnom Conditional Designated Board Members
ConditionalDesignatedBoardMembers
2 director
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="text-align:justify"><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, stockholders’ equity, results of operations or cash flows.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><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 Company’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 Company reports for assets and liabilities and the Company’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:120%">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, the war in Ukraine and the Israel-Hamas War, rising interest rates, global supply chain disruptions, concerns about a potential economic downturn or recession and measures to combat persistent inflation and instability in the financial sector have contributed to recent pricing and economic volatility. The financial results of companies in the oil and natural gas industry have been and may continue to be impacted materially as a result of changing market conditions. Such circumstances generally increase uncertainty in the Company’s accounting estimates, particularly those involving financial forecasts.</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:120%">The Company evaluates these estimates on an ongoing basis, using historical experience, consultation with experts and other methods the Company considers reasonable in each particular circumstance. Nevertheless, actual results may differ significantly from the Company’s estimates. Any effects on the Company’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 </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and related present value estimates of future net cash flows therefrom, the carrying value of oil and natural gas interests, estimates of third party operated royalty income related to expected sales volumes and prices, the recoverability of costs of unevaluated properties, the fair value determination of assets and liabilities, including those acquired by the Company, fair value estimates of commodity derivatives and estimates of income taxes, including deferred tax valuation allowances.</span></div>
CY2023 vnom Estimated Future Net Revenue Discounted Rate Per Annum
EstimatedFutureNetRevenueDiscountedRatePerAnnum
0.10
CY2023Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
15500000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
9700000 usd
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
10000000 usd
CY2022Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
9500000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
11036000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
13299000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
12492000 usd
CY2023Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
1279000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
1407000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
27021000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations</span></div><div style="text-align:justify"><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%">The Company is subject to risk resulting from the concentration of the Company’s royalty income in producing oil and natural gas properties and receivables with several significant purchasers. For the year ended December 31, 2023, two purchasers each accounted for more than 10% of royalty income: Vitol Midstream Pipeline LLC (16%) and DK Trading and Supply LLC (15%). For the year ended December 31, 2022, two purchasers each accounted for more than 10% of royalty income: Shell Trading (US) Company (14%) and Vitol Midstream Pipeline LLC (14%). For the year ended December 31, 2021, three purchasers each accounted for more than 10% of royalty income: Trafigura Trading LLC (17%), Shell Trading (US) Company (16%) and Vitol Midstream Pipeline LLC (12%). The Company does not require collateral and does not believe the loss of any single purchaser would materially impact the Company’s operating results, as crude oil and natural gas are fungible products with well-established markets and numerous purchasers.</span></div>
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
717110000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
837976000 usd
CY2023Q4 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
200000000 usd
CY2023Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
2859642000 usd
CY2022Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
2167598000 usd
CY2023Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1769341000 usd
CY2022Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1297221000 usd
CY2023Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
4628983000 usd
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
3464819000 usd
CY2023Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
866352000 usd
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
720234000 usd
CY2023Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
3762631000 usd
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2744585000 usd
CY2023Q4 us-gaap Land
Land
5688000 usd
CY2022Q4 us-gaap Land
Land
5688000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3768319000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2750273000 usd
CY2023 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
720529000 usd
CY2022 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
33781000 usd
CY2021 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
429991000 usd
CY2020 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
585040000 usd
CY2023Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1769341000 usd
CY2023Q4 vnom Mineral Properties Net Royalty Acres
MineralPropertiesNetRoyaltyAcres
34217 acre
CY2022Q4 vnom Mineral Properties Net Royalty Acres
MineralPropertiesNetRoyaltyAcres
26315 acre
CY2023 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2021 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2022 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
6903000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1306000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
3365000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4149000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1083082000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
576895000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57746000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
74176000 shares
CY2023 us-gaap Interest Costs Incurred
InterestCostsIncurred
48222000 usd
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
37539000 usd
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
31384000 usd
CY2023 us-gaap Interest Expense Other
InterestExpenseOther
836000 usd
CY2022 us-gaap Interest Expense Other
InterestExpenseOther
2883000 usd
CY2021 us-gaap Interest Expense Other
InterestExpenseOther
2662000 usd
CY2023 us-gaap Interest Income Other
InterestIncomeOther
151000 usd
CY2022 us-gaap Interest Income Other
InterestIncomeOther
13000 usd
CY2021 us-gaap Interest Income Other
InterestIncomeOther
2000 usd
CY2023 us-gaap Interest Expense
InterestExpense
48907000 usd
CY2022 us-gaap Interest Expense
InterestExpense
40409000 usd
CY2021 us-gaap Interest Expense
InterestExpense
34044000 usd
CY2023Q4 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
7220000 shares
CY2023Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
27.72
CY2023Q4 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
200000000 usd
CY2023Q4 vnom Quarterly Variable Dividends Goal Amount
QuarterlyVariableDividendsGoalAmount
0.75
CY2023 us-gaap Net Income Loss
NetIncomeLoss
200088000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
151673000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
57939000 usd
CY2023 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
299000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
365000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
193000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
199789000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
151308000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75612000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68319000 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
67000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
72000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74176000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75679000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68391000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.69
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.00
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.69
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.00
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10160 shares
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
50414000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
15929000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1218000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2538000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1074000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
303000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
52952000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
17003000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1521000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-6532000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-49656000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-468000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7000000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-49656000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
45952000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-32653000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1521000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.084
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.052
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.006
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
114931000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
130694000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
54221000 usd
CY2023 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
63263000 usd
CY2022 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
105699000 usd
CY2021 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
41735000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1657000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
846000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
262000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-7281000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-58443000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-11175000 usd
CY2023 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-92000 usd
CY2022 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-51000 usd
CY2021 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-52000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
45952000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-32653000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1521000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
15000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
70000 usd
CY2023Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
170164000 usd
CY2022Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
148003000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
170179000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
148073000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
113523000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
98417000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
56656000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
49656000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
56656000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
49656000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
56700000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-7000000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-49700000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2500000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1100000 usd
CY2023 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-25793000 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-18138000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-69409000 usd
CY2023 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-13319000 usd
CY2022 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-31319000 usd
CY2021 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-92585000 usd
CY2022 vnom Cash Paid On Commodity Early Contract Termination
CashPaidOnCommodityEarlyContractTermination
6600000 usd
CY2023Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
2859642000 usd
CY2022Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
2167598000 usd
CY2023Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
1769341000 usd
CY2022Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
1297221000 usd
CY2023Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
4628983000 usd
CY2022Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
3464819000 usd
CY2023Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
866352000 usd
CY2022Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
720234000 usd
CY2023Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
3762631000 usd
CY2022Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2744585000 usd
CY2023 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
402659000 usd
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
46307000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
138882000 usd
CY2023 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
758342000 usd
CY2022 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
16624000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
479041000 usd
CY2023 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
1161001000 usd
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
62931000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
617923000 usd
CY2020Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
99392000 mboe
CY2021 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
9102000 mboe
CY2021 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
30981000 mboe
CY2021 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-918000 mboe
CY2021 srt Proved Developed And Undeveloped Reserves Sale Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
409000 mboe
CY2021 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
10260000 mboe
CY2021Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
127888000 mboe
CY2022 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
1006000 mboe
CY2022 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
25858000 mboe
CY2022 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
8477000 mboe
CY2022 srt Proved Developed And Undeveloped Reserves Sale Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
2047000 mboe
CY2022 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
12282000 mboe
CY2022Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
148900000 mboe
CY2023 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
18977000 mboe
CY2023 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
25558000 mboe
CY2023 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
138000 mboe
CY2023 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
14324000 mboe
CY2023Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
179249000 mboe
CY2021Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
91170000 mboe
CY2022Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
107291000 mboe
CY2023Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
143371000 mboe
CY2021Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
36718000 mboe
CY2022Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
41609000 mboe
CY2023Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
35878000 mboe
CY2023 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
25558000 mboe
CY2023 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
904 well
CY2023 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
179 well
CY2023 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
138000 mboe
CY2023 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Positive Revisions
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToPositiveRevisions
5688000 mboe
CY2023 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Price And Performance Revision
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToPriceAndPerformanceRevision
5548000 mboe
CY2023 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
18977000 mboe
CY2022 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
25858000 mboe
CY2022 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
636 well
CY2022 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
199 well
CY2022 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
8477000 mboe
CY2022 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Positive Revisions
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToPositiveRevisions
15484000 mboe
CY2022 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Price And Performance Revision
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToPriceAndPerformanceRevision
7007000 mboe
CY2022 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
1006000 mboe
CY2021 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
30981000 mboe
CY2021 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
407 well
CY2021 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
336 well
CY2021 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-918000 mboe
CY2021 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Reclassification Of Non Operated Properties
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToReclassificationOfNonOperatedProperties
11263000 mboe
CY2021 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Reclassification Of Development Plan And Optimization Of Inventory
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToReclassificationOfDevelopmentPlanAndOptimizationOfInventory
10345000 mboe
CY2021 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
9102000 mboe
CY2023Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
35878000 mboe
CY2023 vnom Number Of Horizontal Wells Developed Working Interest Gross
NumberOfHorizontalWellsDevelopedWorkingInterestGross
529 well
CY2022Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
41609000 mboe
CY2023 vnom Proved Undeveloped Reserves Undeveloped Reserves Transferred To Be Developed
ProvedUndevelopedReservesUndevelopedReservesTransferredToBeDeveloped
13021000 mboe
CY2023 vnom Proved Undeveloped Reserves Revisions
ProvedUndevelopedReservesRevisions
-5341000 mboe
CY2023 vnom Proved Undeveloped Reserves Purchases
ProvedUndevelopedReservesPurchases
2534000 mboe
CY2023 vnom Proved Undeveloped Reserves Extensionsand Discoveries
ProvedUndevelopedReservesExtensionsandDiscoveries
10097000 mboe
CY2023Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
35878000 mboe
CY2023 vnom Proved Undeveloped Reserves Undeveloped Reserves Transferred To Be Developed
ProvedUndevelopedReservesUndevelopedReservesTransferredToBeDeveloped
13021000 mboe
CY2023 vnom Proved Undeveloped Reserves Revisions
ProvedUndevelopedReservesRevisions
-5341000 mboe
CY2023 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Price And Performance Revision
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToPriceAndPerformanceRevision
5548000 mboe
CY2023 vnom Proved Undeveloped Reserves Extensionsand Discoveries
ProvedUndevelopedReservesExtensionsandDiscoveries
10097000 mboe
CY2023 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
179 well
CY2023 vnom Proved Undeveloped Reserves Purchases
ProvedUndevelopedReservesPurchases
2534000 mboe
CY2023 vnom Proved Undeveloped Reserves Planned Development Period
ProvedUndevelopedReservesPlannedDevelopmentPeriod
P5Y
CY2023Q4 vnom Number Of Reserves Classified As Proved And Developed Non Producing
NumberOfReservesClassifiedAsProvedAndDevelopedNonProducing
0 reserve
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
8493617000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
10072969000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
5763433000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
593840000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
729256000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
416761000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
934392000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
1465160000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
572991000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
6965385000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
7878553000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
4773681000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
3778499000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
4424457000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
2680564000 usd
CY2023Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
3186886000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
3454096000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2093117000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
3454096000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2093117000 usd
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1023594000 usd
CY2023 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
473742000 usd
CY2022 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
30331000 usd
CY2021 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
170205000 usd
CY2023 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
0 usd
CY2022 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
30076000 usd
CY2021 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
4402000 usd
CY2023 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
666709000 usd
CY2022 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
781604000 usd
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
468976000 usd
CY2023 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
626854000 usd
CY2022 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
844010000 usd
CY2021 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
615762000 usd
CY2023 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-1405205000 usd
CY2022 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
1131202000 usd
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
863458000 usd
CY2023 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
2726000 usd
CY2022 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
309338000 usd
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
45788000 usd
CY2023 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
212391000 usd
CY2022 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-393652000 usd
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-243186000 usd
CY2023 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
427998000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
234717000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
103446000 usd
CY2023 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
60993000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
16713000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-12572000 usd
CY2023Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
3186886000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
3454096000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2093117000 usd
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001602065-24-000010-index-headers.html Edgar Link pending
0001602065-24-000010-index.html Edgar Link pending
0001602065-24-000010.txt Edgar Link pending
0001602065-24-000010-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
image_0a.jpg Edgar Link pending
image_1a.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
viper202310-kxex104x2x22x24.htm Edgar Link pending
viper202310-kxex105x2x22x24.htm Edgar Link pending
viper202310-kxex107x2x22x24.htm Edgar Link pending
viper202310-kxex108x2x22x24.htm Edgar Link pending
viper202310-kxex211.htm Edgar Link pending
viper202310-kxex231.htm Edgar Link pending
viper202310-kxex232.htm Edgar Link pending
viper202310-kxex311.htm Edgar Link pending
viper202310-kxex312.htm Edgar Link pending
viper202310-kxex321.htm Edgar Link pending
viper202310-kxex971x2x22x24.htm Edgar Link pending
viper202310-kxex991x2x22x24.htm Edgar Link pending
vnom-20231231.htm Edgar Link pending
vnom-20231231.xsd Edgar Link pending
vnom-20231231_g1.jpg Edgar Link pending
vnom-20231231_cal.xml Edgar Link unprocessable
vnom-20231231_def.xml Edgar Link unprocessable
vnom-20231231_lab.xml Edgar Link unprocessable
vnom-20231231_pre.xml Edgar Link unprocessable
vnom-20231231_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable