
	March 31,		December 31,
	2026		2025
	(In millions)

4.900% Senior Notes due 2030	$	500	$	500

5.700% Senior Notes due 2035	1,100		1,100
Term Loan	—		500
Revolving Credit Facility	20		105
Unamortized debt issuance costs	(13)		(15)
Unamortized discount costs	(4)		(4)


Total long-term debt	$	1,603	$	2,186

The Company has entered into a credit agreement (as amended, the “Revolving Credit Agreement”), which provides the Company with a credit facility with a commitment of $1.50 billion, a swingline commitment of up to $50 million and a letter of credit commitment of $5 million, which will mature on June 12, 2030 (such facility, the “Revolving Credit Facility”). As of March 31, 2026, there was $20 million in outstanding borrowings and $1.48 billion available for future borrowings under the Revolving Credit Facility. During the three months ended March 31, 2026 and 2025, the weighted average interest rates on the Revolving Credit Facility were 5.19% and 6.57%, respectively.

On July 23, 2025, in connection with the Sitio Acquisition, Former Viper, as guarantor, entered into a $500 million term loan credit agreement with the Operating Company, as borrower, and Goldman Sachs Bank USA, as administrative agent (the “Term Loan”). On August 19, 2025, the Term Loan was fully drawn and New Viper became a co-guarantor of the Term Loan. On February 13, 2026, the Term Loan was repaid in full using proceeds from the Non-Permian Divestiture.