v3.25.4
Consolidated Statements of Stockholders’ Equity - USD ($)
$ in Millions
Total
Common Class A And B
Common Class A
Common Class B
Operating Company Units
General Partner
Common Units
Limited Partners
Class B Units
Limited Partners
Common Stock
Common Class A
Common Stock
Common Class B
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Non-Controlling Interest
Non-Controlling Interest
Operating Company Units
Beginning balance (in shares) at Dec. 31, 2022             73,230,000 90,710,000            
Beginning balance at Dec. 31, 2022           $ 1 $ 689 $ 1            
Increase (Decrease) in Partners' Capital [Roll Forward]                            
Conversion of Viper Energy Partners LP Partnership Units to Viper Energy Inc. Shares of Common Stock (in shares)             (78,126,000) (90,710,000)            
Conversion of Viper Energy Partners LP Partnership Units to Viper Energy Inc. Shares of Common Stock             $ (937) $ (1)            
Conversion of Viper Energy Partners LP Partnership Units to Viper Energy Inc. Shares of Common Stock (in shares) [1]                 78,126,000 90,710,000        
Conversion of Viper Energy Partners LP Partnership Units to Viper Energy Inc. Shares of Common Stock $ 0                   $ 938      
Liquidation of General Partner (2)         (1)         (1)      
Common shares/units issued to related party (in shares)             7,215,000              
Common shares/units issued to related party 200           $ 200              
Equity-based compensation 1           $ 1              
Vesting of restricted stock units (in shares)             73,000              
Dividends/distributions to shareholders (129)           $ (84)         $ (45)    
Dividends/distributions to Diamondback (196)           (1)         (4) $ (191)  
Change in ownership of consolidated subsidiaries, net 0           $ 31       (133)   102  
Repurchases of shares of Class A Common Stock under repurchase program (in shares)             (2,392,000)   (1,000,000) [1]          
Repurchases as part of share/unit buyback (95)           $ (67)       (28)      
Net income (loss) 200                     32    
Net income (loss) 501           $ 168           301  
Ending balance (in shares) at Dec. 31, 2023             0 0            
Ending balance at Dec. 31, 2023           $ 0 $ 0 $ 0            
Beginning balance (in shares) at Dec. 31, 2022 [1]                 0 0        
Beginning balance at Dec. 31, 2022 2,322                   0 0 1,631  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Common shares/units issued for acquisition (in shares) [1]                 9,018,000          
Common shares/units issued for acquisition 255                   255      
Common shares/units issued to related party 200           200              
Equity-based compensation 1           $ 1              
Net proceeds from the issuance of Common Stock (in shares)             73,000              
Change in ownership of consolidated subsidiaries, net 0           $ 31       (133)   102  
Repurchases of shares of Class A Common Stock under repurchase program (in shares)             (2,392,000)   (1,000,000) [1]          
Repurchases of shares of Class A Common Stock under repurchase program (95)           $ (67)       (28)      
Net income (loss) 501           $ 168           301  
Ending balance (in shares) at Dec. 31, 2023 [1],[2]                 86,144,000 90,710,000        
Ending balance at Dec. 31, 2023 2,857                   1,031 (17) 1,843  
Increase (Decrease) in Partners' Capital [Roll Forward]                            
Equity-based compensation 3                   3      
Change in ownership of consolidated subsidiaries, net (20)                   59   (79)  
Net income (loss) 359                          
Net income (loss) 604                     359 245  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Common shares/units issued for acquisition (in shares) [2]                 5,279,000 (5,279,000)        
Common shares/units issued for acquisition         $ 468                 $ 468
Common shares issued to related party (in shares) [2]                 11,500,000          
Common shares issued to related party 476                   476      
Equity-based compensation 3                   3      
Issuance of shares upon vesting of equity awards (in shares) [2]                 54,000          
Dividends to stockholders (219)                     (219)    
Dividends to Diamondback (255)                     (5) (250)  
Dividends to other non-controlling interest (7)                       (7)  
Change in ownership of consolidated subsidiaries, net (20)                   59   (79)  
Net income (loss) 604                     359 245  
Ending balance (in shares) at Dec. 31, 2024     102,977,142 85,431,453         102,977,000 [2] 85,431,000 [2]        
Ending balance at Dec. 31, 2024 3,907                   1,569 118 2,220  
Increase (Decrease) in Partners' Capital [Roll Forward]                            
Common shares/units issued to related party         3,599                 3,599
Equity-based compensation 7                   7      
Vesting of restricted stock units (in shares) [2]                 28,336,000          
Change in ownership of consolidated subsidiaries, net (117)                   448   (565)  
Repurchases of shares of Class A Common Stock under repurchase program (in shares) [2]                 (4,016,000)          
Repurchases as part of share/unit buyback (153)                   (153)      
Net income (loss) (68)                          
Net income (loss) (206)                     (68) (138)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Common shares/units issued for acquisition (in shares) [2]                 38,536,000 38,020,000        
Common shares/units issued for acquisition   $ 1,435     1,445           1,435     1,445
Common shares issued to related party (in shares) [2]                   69,627,000        
Common shares/units issued to related party         $ 3,599                 $ 3,599
Equity-based compensation 7                   7      
Net proceeds from the issuance of Common Stock (in shares) [2]                 28,336,000          
Net proceeds from the issuance of Common Stock 1,232                   1,232      
Conversion of Class B Common Stock to Class A Common Stock (in shares) [2]                 5,054,000 (5,054,000)        
Conversion of Class B Common Stock to Class A Common Stock 0                   188   (188)  
Issuance of shares upon vesting of equity awards (in shares) [2]                 56,000          
Dividends to stockholders (327)                     (327)    
Dividends to Diamondback (361)                       (361)  
Dividends to other non-controlling interest (56)                       (56)  
Dividend equivalent rights payments (1)                     (1)    
Change in ownership of consolidated subsidiaries, net (117)                   448   (565)  
Repurchases of shares of Class A Common Stock under repurchase program (in shares) [2]                 (4,016,000)          
Repurchases of shares of Class A Common Stock under repurchase program (153)                   (153)      
Repurchases of OpCo Units and cancellation of Class B Common Stock under repurchase program (in shares) [2]                   (1,000,000)        
Repurchases of OpCo Units and cancellation of Class B Common Stock under repurchase program (41)                       (41)  
Net income (loss) (206)                     (68) (138)  
Ending balance (in shares) at Dec. 31, 2025     170,942,687 187,023,698         170,943,000 [2] 187,024,000 [2]        
Ending balance at Dec. 31, 2025 $ 10,363                   $ 4,726 $ (278) $ 5,915  
[1] The par values of the outstanding shares of Class A Common Stock and Class B Common Stock each round to zero at December 31, 2023.
[2] The par values of the outstanding shares of Class A Common Stock and Class B Common Stock each round to zero during the periods presented.