Viper Energy's revenue expanded from $245.0M in 2025Q1 to $661.0M in 2026Q3, with a 60.4% gross margin and $447.0M of operating cash flow in the latest quarter, suggesting the royalty model generates strong cash economics.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue rose to $661.0M in 2026Q3 with a 60.4% gross margin, but net margin swung from -24.4% in 2025Q4 to 21.2% in the latest quarter, indicating that operating strength has not consistently reached the bottom line.
Multiple bullish investment theses on Viper Energy, Inc. (VNOM) have been highlighted, suggesting positive sentiment among analysts.
VNOM's trailing and forward P/E ratios indicate potential undervaluation or growth expectations, with trailing P/E at 15.49 and forward P/E at 55.25.
Viper Energy operates in the Oil & Gas Midstream sector, which may benefit from favorable industry trends and demand dynamics.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 2, 2026 | $0.72+3.9% vs $0.69 | $661M+5.7% vs $625M |
Q3 2026 Aug 3, 2026 | $0.76-0.5% vs $0.76 | $677M+5.2% vs $643M |
Q2 2026 May 4, 2026 | $0.55+27.8% vs $0.43 | $511M+2.2% vs $500M |
Q1 2026 Feb 23, 2026 | $0.31+6.7% vs $0.29 | $435M+2.9% vs $423M |
Four oil and gas producers just paired earnings with fresh payouts, but one dividend is built to survive $30 oil and another sits on a thin gas price cushion. Which checks are truly safe, and which come with a catch?
MIDLAND, Texas, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that Viper and its operating subsidiary, VNOM Holding Company LLC (the “Operating Company”), have adopted a distribution reinvestment plan (the “OpCo DRIP”) that allows holders of Operating Company units other than Viper to reinvest their cash distributions in additional units and corresponding shares of Viper's Class B common stock.
COP, VNOM, TTE, SU and EC are five low-beta, high-yielding energy stocks, backed by improving earnings estimates, growth prospects and attractive dividends.
Viper Energy NASDAQ: VNOM reported third-quarter oil production above the high end of its guidance range and raised its full-year 2026 outlook, citing contributions from recent acquisitions and continued development activity across its Permian Basin acreage.
Benchmark VNOM against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Viper Energy, Inc. (VNOM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $40.62 | $14.62B | -84.63 | 56.56% | -5.05% | -0.95% | 5.67% | |
| $27.53 | $1.33B | 22.94 | -5.38% | 45.68% | 28.58% | 10.06% | |
| $13.98 | $2.97B | 10.92 | -3.89% | 48.31% | 22.18% | 9.65% | |
| $272.36 | $18.79B | 39.08 | 13.09% | 60.32% | 35.77% | 0.79% | |
| $117.71 | $1.56B | 11.72 | -17.42% | 54% | 16.56% | 3.61% | |
| $178.96 | $50.34B | 31.23 | 36.31% | 11.67% | 4.97% | 2.23% |
Viper Energy, Inc. (VNOM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Viper Energy, Inc. (VNOM) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 2, 2026·SEC
Aug 3, 2026·SEC
Aug 19, 2025·SEC
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Viper Energy, Inc. (VNOM) stock FAQ — growth, dividends, profitability & financials explained
Viper Energy, Inc. (VNOM) reported $2.24B in revenue over the trailing twelve months. Revenue was $1.35B in fiscal year 2025. That is 2145% more than the $59.9M of fiscal year 2013.
Viper Energy, Inc. (VNOM) grew revenue by 56.6% in fiscal year 2025, compared with the prior fiscal year.
Yes. Viper Energy, Inc. (VNOM) earned $276.0M in net income over the trailing twelve months (a 12.3% net margin).
Yes. Viper Energy, Inc. (VNOM) pays a dividend that yields 5.67% at the current price, a high yield.
Viper Energy, Inc. (VNOM) had a return on equity (ROE) of -1.0% in fiscal year 2025. A negative ROE means the company lost money over the period.
Viper Energy, Inc. (VNOM) had negative free cash flow of $896.0M over the trailing twelve months.
