Quarterly ResultAug 3, 2026, 04:08 PM
Viper Energy Increases Base Dividend 32%; Reports Q2 Results
AI Summary
Viper Energy, Inc. announced strong financial and operating results for Q2 2026, with net income attributable to the company reaching $142 million, or $0.73 per Class A common share. The company significantly increased its annual base dividend by 32% to $2.00 per Class A share, effective Q3 2026, and revised its capital return framework by removing the 75% cash available for distribution commitment. Viper also reported Q2 average production of 65,077 bo/d, repurchased $132 million in shares, and raised its full-year 2026 production guidance. Strategic acquisitions, including the recently completed Riverbend Acquisition, further bolstered its asset base.
Key Highlights
- Approved a 32% increase in annual base dividend to $2.00 per Class A share, effective Q3 2026.
- Removed quarterly commitment to return at least 75% of cash available for distribution.
- Reported Q2 2026 net income attributable to Viper Energy of $142 million, or $0.73 per Class A common share.
- Achieved Q2 2026 average production of 65,077 bo/d (134,363 boe/d).
- Repurchased approximately 3.0 million shares for $132 million in Q2 2026.
- Increased full year 2026 production guidance to 66,000-67,250 bo/d.
- Completed Riverbend Acquisition and agreed to acquire 933 net royalty acres from Diamondback.
- Declared Q2 2026 total cash dividend of $0.67 per Class A common share.
Price Impact
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