v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating income:    
Royalty income $ 496 $ 244
Total operating income 511 245
Costs and expenses:    
Production and ad valorem taxes 35 17
Depletion 206 67
Other operating expenses 4 0
Total costs and expenses 258 90
Income (loss) from operations 253 155
Other income (expense):    
Interest expense, net (27) (13)
Gain (loss) on derivative instruments, net 18 32
Gain (loss) on early extinguishment of debt (1) 0
Total other income (expense), net (10) 19
Income (loss) before income taxes 243 174
Provision for (benefit from) income taxes 28 21
Net income (loss) 215 153
Net income (loss) attributable to non-controlling interest 118 78
Net income (loss) attributable to Viper Energy, Inc. $ 97 $ 75
Net income (loss) attributable to common shares:    
Basic (in usd per share) $ 0.54 $ 0.62
Diluted (in usd per share) $ 0.53 $ 0.62
Weighted average number of common shares outstanding:    
Basic (in shares) 181,304 120,926
Diluted (in shares) 181,419 121,030
Oil income    
Operating income:    
Royalty income $ 428 $ 201
Natural gas income    
Operating income:    
Royalty income 16 15
Natural gas liquids income    
Operating income:    
Royalty income 52 28
Nonrelated Party    
Operating income:    
Lease bonus income 14 1
Costs and expenses:    
General and administrative expenses 8 2
Related Party    
Operating income:    
Lease bonus income 1 0
Costs and expenses:    
General and administrative expenses $ 5 $ 4