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Viper Energy

VNOM · Nasdaq · Crude Petroleum & Natural Gas
Insider buys (12 months)
0
Insider sales (12 months)
$589.5M
8-K reports (12 months)
14
Tracked investors holding
2

At a glance

Viper Energy reported 2025 revenue of $1.35B, up 57.6% from $854M in 2024. Over 2 years since 2023 ($717M), that is growth of about 37% a year. Operating margin was -10.4%, down from 86.5% in 2023. 2025 was the highest revenue year in this period. The company posted a loss in 2025.

In the last 12 months 1 insider reported 0 open-market purchases and 2 sales ($589.5M). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $566.2M by 10% owner Diamondback Energy, Inc. on Mar 5, 2026.

Viper Energy filed 14 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), other events (3), material agreement (3) and officer or director change (2). The latest officer or director change was reported on Sep 16, 2026. It reported a material agreement or a completed acquisition or disposal 3 times.

2 of the 20 investors tracked here held Viper Energy at the last quarter end, worth $71M combined. It is the largest weight for Renaissance Technologies (0.1% of its portfolio), followed by Bridgewater Associates (0%). New this quarter: Bridgewater Associates. Added: Renaissance Technologies.

Annual results

2021
Revenue -
Net $257M
2022
Revenue -
Net $655M
2023
Revenue $717M
Op. $620M
2024
Revenue $854M
Op. $567M
2025
Revenue $1.35B
Op. -$140M
RevenueOperating income (or net income)SEC XBRL annual filings, fiscal years mapped to calendar years
Year20212022202320242025
Net income$257M$655M$501M$604M-$206M
Diluted EPS--$2.69$3.82$-0.48

Fiscal year ends Dec 31 · incorporated in DE

Tracked investors holding (13F)

Renaissance TechnologiesAdded$68.1M · 0.1% · held 2 quarters
Bridgewater AssociatesNew$2.9M · 0.0% · held 5 quarters

Weight is the share of each investor's portfolio, as of the quarter end.

Current reports (8-K, last 12 months)

Insider open-market trades (last 12 months)

Source: SEC EDGAR. How figures are combined