VNOM Viper Energy (VNOM) Q1 FY26 earnings call
Viper Energy delivered a strong first quarter, surpassing production expectations and raising its full-year oil production outlook. The company also announced a significant, complementary acquisition, Riverbend, which enhances its Permian footprint and third-party operator exposure. Management emphasized a disciplined yet flexible capital allocation strategy, prioritizing distributions while maintaining a strong balance sheet.
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VNOM operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Gross horizontal wells turned to production | 650+And -- during the quarter, operators in our acreage turned more than 650 gross horizontal wells to production, led by Diamondback's 114 gross wells in the Midland Basin, with meaningful contributions from leading third-party operators across both the Midland and Delaware Basins.Source: earnings call transcript | 691During the quarter, operators turned 691 gross horizontal wells to production on our acreage in which Viper owned an average 3% net revenue interest.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.