v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 28 $ 13
Prepaid expenses and other current assets 41 50
Total current assets 469 413
Oil and natural gas properties:    
Proved properties 9,514 9,746
Unproved properties 4,562 4,910
Other property, equipment and land 8 8
Accumulated depletion and impairment (2,662) (2,455)
Property, net 11,422 12,209
Deferred income taxes (net of allowances) 142 33
Other assets 15 16
Total assets 12,048 12,671
Current liabilities:    
Accrued liabilities 36 107
Other current liabilities 40 4
Total current liabilities 76 111
Long-term debt, net 1,603 2,186
Other long-term liabilities 4 11
Total liabilities 1,683 2,308
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Additional paid-in capital 5,395 4,726
Retained earnings (accumulated deficit) (281) (278)
Total Viper Energy, Inc. stockholders’ equity 5,114 4,448
Non-controlling interest 5,251 5,915
Total equity 10,365 10,363
Total liabilities and stockholders’ equity 12,048 12,671
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 383 262
Related Party    
Current assets:    
Royalty income receivable $ 17 $ 88