v3.25.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 53 $ 27
Restricted cash 390 0
Income tax receivable 2 2
Derivative instruments 22 18
Prepaid expenses and other current assets 36 11
Total current assets 887 238
Property:    
Oil and natural gas interests, full cost method of accounting ($5,275 million and $2,180 million excluded from depletion at September 30, 2025, and December 31, 2024, respectively) 14,589 5,713
Other property, equipment and land 8 6
Accumulated depletion and impairment (1,814) (1,081)
Property, net 12,783 4,638
Deferred income taxes (net of allowances) 0 185
Other assets 18 8
Total assets 13,688 5,069
Current liabilities:    
Accounts payable—related party 0 2
Current maturities of debt 380 0
Accrued liabilities 91 43
Derivative instruments 0 2
Income taxes payable 1 2
Total current liabilities 472 49
Long-term debt, net 2,241 1,083
Derivative instruments 11 0
Deferred income taxes 18 0
Other long-term liabilities 5 30
Total liabilities 2,747 1,162
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Additional paid-in capital 4,696 1,569
Retained earnings (accumulated deficit) (76) 118
Total Viper Energy, Inc. stockholders’ equity 4,620 1,687
Non-controlling interest 6,321 2,220
Total equity 10,941 3,907
Total liabilities and stockholders’ equity 13,688 5,069
Common Class A    
Stockholders’ equity:    
Common stock 0 0
Common Class B    
Stockholders’ equity:    
Common stock 0 0
Nonrelated Party    
Current assets:    
Royalty income receivable 277 149
Related Party    
Current assets:    
Royalty income receivable $ 107 $ 31