Viper Energy Ut

Viper Energy reported second-quarter 2026 revenue of US$677 million and net income of US$142 million, while raising full-year production guidance to 132.0–135.0 MBOE/d with oil at 66.0–67.25 MBO/d. The company declared a combined base and variable dividend of US$0.67 per Class A share and completed a multi-year share repurchase program totaling 22,371,314 shares. The increased guidance and shareholder returns reinforce the company’s emphasis on cash payouts backed by higher volumes, though concentration risk in the Permian Basin remains a key consideration.

Viper Energy, a subsidiary of Diamondback Energy, announced a 32% increase in its base dividend to $2.00 per Class A share annually and removed its quarterly commitment to return at least 75% of cash available for distribution. The higher base dividend, implying a 4.5% annualized yield, is expected to be fully protected down to approximately $30 per barrel WTI and will represent about 50% of cash available for distribution at $70 per barrel WTI. The revised return-of-capital framework gives the company more flexibility for opportunistic share repurchases and accretive M&A. For the second quarter of 2026, Viper reported average production of 65,077 barrels of oil per day, consolidated net income of $331 million, and cash available for distribution of $262 million, or $1.37 per Class A common share. The board declared a total second-quarter dividend of $0.67 per share, consisting of a $0.38 base and a $0.29 variable component, and the company repurchased approximately 3.0 million shares for about $132 million during the quarter.

Viper Energy Inc. has completed its acquisition of Riverbend Oil and Gas IX. The company paid approximately $337 million in cash and issued around 3.7 million Class A common shares to the sellers. The cash portion was funded through existing cash balances and the company's credit facility. Viper Energy manages oil and natural gas properties across North America and operates as a subsidiary of Diamondback Energy Inc.

Viper Energy, a subsidiary of Diamondback Energy, has completed its acquisition of Riverbend Oil & Gas IX, LLC. The transaction involved the transfer of mineral and royalty interests to Viper in exchange for $337 million in cash and approximately 3.7 million shares of Viper's Class A common stock, subject to customary post-closing adjustments. The cash portion was financed through existing cash reserves and new borrowings under the company's credit facility. This acquisition marks a significant expansion of Viper's mineral and royalty holdings in North America, as it continues to focus on oil-weighted properties primarily in the Permian Basin.

StockStory recommends FuelCell Energy and Viper Energy as small-cap stocks to own for decades, while advising investors to sell Procore Technologies. FuelCell Energy posted 38.8% annual revenue growth over two years and 40.6% annual EPS growth, with improving cash burn. Viper Energy delivered 36.8% annual revenue growth over ten years, a 99.8% gross margin, and a 6.4 percentage point EBITDA margin improvement over five years. Procore Technologies saw sluggish 14.9% average ARR growth, estimated 13% forward sales growth, and persistent operating losses.